Quotes with Resistance & Support
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Intraday calls for 22-12-14

Posted on: December 22nd, 2014 at 8:28 am

Markets likely to open slightly higher. Resistance for nifty is at 8260 and support at 8150

Buy Bajaj Electricals at 230, target: 239. Stoploss: 226.5

Thought for the day: I always knew I was going to be rich. I don’t think I ever doubted it for a minute. – Warren Buffett

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219 Responses

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Comment pages: 67891011121314Show all

  1. Finfreak Says:
    December 22nd, 2014
    Posted at: 5:47 pm

    Hi CB Sir,

    Please share your views on Sharon Bio and RS Software. Can hold for few months


  2. CB Says:
    December 22nd, 2014
    Posted at: 5:52 pm

    Hi harshal, yes, fundamentally is a good bet. will recover. hold for few days. can test 330-340 again

    Hi Nitin, would advice to exit frm if it crosses 18850 tomorrow. it is decaying due to the time factor

    Hi vj, does seem so

    Hi moin shaikh, not really sure yet. techincally seems can test 1500 once

    Hi Rajasekar, it can test 18900


  3. CB Says:
    December 22nd, 2014
    Posted at: 5:53 pm

    Hi Finfreak, these are going a bit weak. dont enter yet. Rs software above 505 can test 530


  4. cvrprakash Says:
    December 22nd, 2014
    Posted at: 6:40 pm

    Hi CB
    Can you share your view on Bank Nifty.
    Actually I am holding Jan 19000 CA – Short position.
    This I entered when Bank nifty was below 18000, but just in few days now this position is under threat.
    Can you please suggest me a strategy to hedge my position as I am really in bad position now.
    Thanks for your time.


  5. Sumit Bhalsod Says:
    December 22nd, 2014
    Posted at: 6:40 pm

    CB , please telling me for tomorrow intraday for this scripts,
    arvind remedies,
    hbl power,
    take solutions,
    Lao pala


  6. Suriya Says:
    December 22nd, 2014
    Posted at: 6:55 pm

    Hi cb
    Auro pharma was not sustain above 1120 level. Wt to do? may it will fly high again? Struggled a lot?


  7. TAPAN Says:
    December 22nd, 2014
    Posted at: 7:02 pm

    CB Sir, TOMORROW J&K RESULT DAY I HAVE HOLDING J&K BANK @150.40 PLEASE SUGGEST


  8. SJMY Says:
    December 22nd, 2014
    Posted at: 7:17 pm

    cb sir, target for BF Utility, La Opala, global offshore and timken india for tomorrow intraday please...


  9. parur Says:
    December 22nd, 2014
    Posted at: 7:31 pm

    hi your views on nmdc I have a fut long position at 145 have kept sl at 140 what cld betarget before expiry


  10. CB Says:
    December 22nd, 2014
    Posted at: 7:33 pm

    Hi SJMY, BFU can test 650. La opala around 480. not sure of global yet. Timken can test 532

    Hi TAPAN, its a hold for now. lets see how results shape up

    Hi Suriya, yes, above 1120 can move hgiher. lets hold for now

    Hi Sumit Bhalsod, HBL can test 33.Take around 55.2. not sure of entering others yet

    Hi cvrprakash, would advice to not go short in options. during expiry it is fine but not any other time. for now would advice to also enter a long in 19000ce. dont add any more positions yet.


  11. CB Says:
    December 22nd, 2014
    Posted at: 7:34 pm

    Hi parur, its a hold. can tst 149


  12. Suriya Says:
    December 22nd, 2014
    Posted at: 7:38 pm

    But cb
    have only 2 days to go to expiry
    I lost almost 30k in that wt to do


  13. vicky Says:
    December 22nd, 2014
    Posted at: 7:38 pm

    Hi CB Sir,

    Is Union bank is good buy b/w 226 -228 for tg 237 -240 and Jindal steel is good for shorting for tg 140-141.plz guide.


  14. Sumit Bhalsod Says:
    December 22nd, 2014
    Posted at: 7:39 pm

    Thank you


  15. Arjun Bharath Says:
    December 22nd, 2014
    Posted at: 7:46 pm

    Hi Sir,
    About my query on Kotak?


  16. Wahid Says:
    December 22nd, 2014
    Posted at: 7:57 pm

    Hi CB Sir your view on Ib realstate & Rcom.Please advise, can be bought @ cmp. Thanks

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