Quotes with Resistance & Support
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Intraday calls for 22-12-09

Posted on: December 22nd, 2009 at 9:17 am

Markets likely to see a positive opening. Support for nifty is at 4920 and resistance at 5000.

Buy Nava Bharat Ventures Ltd at 398.75, target: 411. Stoploss: 393.
Buy Genesys International Corporation Ltd at 200.40, target: 211. Stoploss: 195

Trade in small quantities considering market weakness.

10.40am – buy GLODYNE TECHNOSERVE LTD at 445.50, target: 456. sl 438 – (book profits at 458)

1.42pm – intraday cum btst – buy Clutch auto at 48, target: 50-51. stoploss: 46.80 – (Intraday traders book profits at 49.40)

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704 Responses

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  1. CB Says:
    December 22nd, 2009
    Posted at: 10:48 pm

    Hi rajkumar, likely to open flat..

    Hi jagadeesh, brfl has strong at 179. can bounce back to 195. hold it. micro is a hold. can see 158


  2. Venkat Says:
    December 22nd, 2009
    Posted at: 10:48 pm

    Another query, just read that FMCG companies are planning for price increase because of high input costs? How will this reflect in ITC, HUL and Godrej - Thanks.


  3. CB Says:
    December 22nd, 2009
    Posted at: 10:49 pm

    Hi Venkat, yes, can head upto 335

    Hi shiva, yes..can open around 51

    Hi jay gohel, hold them for med term..will give 10-15% returns..


  4. jai Says:
    December 22nd, 2009
    Posted at: 10:49 pm

    How market will open tommorrow.
    I expect nifty might reach 5050 due to both europe and us are up.
    give ur ideas


  5. CB Says:
    December 22nd, 2009
    Posted at: 10:49 pm

    Hi Venkat, they should see some upmove on this news.


  6. CB Says:
    December 22nd, 2009
    Posted at: 10:50 pm

    Hi jai, it has resistance at 5000. if it crosses it, it can head upto 5050


  7. pankaj Says:
    December 22nd, 2009
    Posted at: 11:01 pm

    CB i have bot dec expiry 5100 put today @ 145/-, whats ur advice tgt / sl for it ? thanx.


  8. CB Says:
    December 22nd, 2009
    Posted at: 11:03 pm

    Hi shiva, sure..shall check in 15-20 min

    Hi pankaj, hold it with strict sl at 5005..


  9. rahul Says:
    December 22nd, 2009
    Posted at: 11:13 pm

    Hi CB holding 270 kwality dairy shares at rs.106 per share the share closed at 113.50 in upper circuit today hold or exit tomorrow?


  10. pankaj Says:
    December 22nd, 2009
    Posted at: 11:19 pm

    CB u mean SL of 5005 or 5050 ?? i guess later. thanx for ur time.


  11. pankaj Says:
    December 22nd, 2009
    Posted at: 11:21 pm

    i am also holdin 5000 put dec expiry, pls also advice regd it. thanxx.


  12. CB Says:
    December 22nd, 2009
    Posted at: 11:40 pm

    Hi rahul, book partial profits tomorrow. its rallied quite a bit

    Hi pankaj, keep sl at 5005. resistance is at 5000


  13. sadiq Says:
    December 22nd, 2009
    Posted at: 11:40 pm

    HI cb, which brokerage allows all scrips of ur INTRADAY calls, religare / sharekhan / angel broking / sharekhan


  14. CB Says:
    December 22nd, 2009
    Posted at: 11:49 pm

    Hi sadiq, it depends on broker to broker.. they have their own list for margin trading. religare does have a higher number of stocks for margin. or you can put some more cash in ur trading acc and trade with that amt rather than margin, this should be fine.


  15. HARSHIT Says:
    December 22nd, 2009
    Posted at: 11:52 pm

    HI CB...
    HOLDING ZANDU PHARMA AT 7000...
    AT WHAT PRICE SHUD I BOOK IT...???


  16. saniya Says:
    December 22nd, 2009
    Posted at: 11:54 pm

    HI CB,

    can i buy Clutch auto tomorrow at opening??? if it opens flat?? for 2-3 rs gain?

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