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. vikram singh Says:
    December 23rd, 2009
    Posted at: 8:16 am

    i cb what about chennai petro????


  2. CB Says:
    December 23rd, 2009
    Posted at: 8:25 am

    Hi sadiq, as of now 2 of us.. me and Kartik. dont enter astra of bl yet. wait for some time.

    Hi saniya, one can enter umang in small quantities.. yes ,hold andhra

    Hi shiva, it can see 150

    Hi RLN, most welcome.. yes, dont enter it.. lots of news surrounding it as of now..

    Hi GG, markets are likely to open 10-15 points lower.

    Hi suhas, suzlon can add some of markets are good. dont enter others yet

    Hi Chida, good morning

    Hi vikram singh, its likely to remain flat.. chennai has resistance at 218. above this it can see 225.


  3. Chida Says:
    December 23rd, 2009
    Posted at: 8:37 am

    Hi CB,

    Can DCHL touch 1709 today? What lvl it can see today?

    Holding SHLAKSHMI @ 111 as per intraday tip provided by you.
    Now @ 105. What to do? Will it see 114 in 2/3 days?
    Pls suggest.


  4. CB Says:
    December 23rd, 2009
    Posted at: 8:39 am

    Hi Chida, dch can add 3-4rs today.. yes, hold shri lakshmi. it should show a bounce soon.


  5. Chida Says:
    December 23rd, 2009
    Posted at: 8:39 am

    Sorry can DCHL touch 170 today?


  6. Chida Says:
    December 23rd, 2009
    Posted at: 8:40 am

    Thanks CB.


  7. vikram singh Says:
    December 23rd, 2009
    Posted at: 8:42 am

    hi cb what's wrong with jp associates??


  8. karthi Says:
    December 23rd, 2009
    Posted at: 8:47 am

    Good Morning CB,

    How about the market opens today?how will be the nifty's move.

    Happy Trading to all!!!


  9. CB Says:
    December 23rd, 2009
    Posted at: 8:49 am

    Hi Chida, i meant dchl.. Most welcome..

    Hi vikram singh, not sure..its not performing well after the split

    Hi karthi, likely to open flat.. resistance is at 5000.. happy trading..


  10. bala Says:
    December 23rd, 2009
    Posted at: 8:49 am

    Could any1 predict the future Status of "Andra Bank"? I bought its share @118


  11. Reddy Says:
    December 23rd, 2009
    Posted at: 8:50 am

    Hi CB,
    Very good marning.
    How our market will open?


  12. CB Says:
    December 23rd, 2009
    Posted at: 8:51 am

    Hi bala, hold it for short term. it will recover again. banks are likely to do well in short term

    Hi Reddy, Good morning..likely to open flat today


  13. Chida Says:
    December 23rd, 2009
    Posted at: 8:54 am

    CB,

    Two of the tips provided by me achieved target.

    Kotak Bank - Buy on decline considering 777 as strong support, keeping stop loss of 769. On the upper side stock will zoom to kiss 793 level, cross over will take it to 805 levels in coming days…

    Touched intraday high of 802.7

    ITL Industries( BSE Code: 522183) - Technically stock is looking explosive on chart. Buy keeping stop loss of Rs.36. On the upper side the stock will zoom to kiss Rs.43.50 level, cross over will take it to Rs.47-50 levels in coming days...

    Touched intraday high of 46.90


  14. CB Says:
    December 23rd, 2009
    Posted at: 8:55 am

    Hi Chida, yes..great going.. please continue to share your views..


  15. Chida Says:
    December 23rd, 2009
    Posted at: 8:56 am

    Provided yesterday.


  16. vinod Says:
    December 23rd, 2009
    Posted at: 8:58 am

    hi CB ,GM.

    shall I hold Unitech (@81.50) . what is today's target ?

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