Quotes with Resistance & Support
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Intraday calls for 23-12-09

Posted on: December 23rd, 2009 at 9:12 am

Markets likely to open flat. Support for nifty is lower at 4920 and resistance at 5000.

Buy Gujarat Mineral Development Corporation Ltd at 144.35, target: 153. Stoploss: 140.

2.40pm – btst – buy USHAMART at 79.50 target 85, stoploss 77

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739 Responses

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  1. CB Says:
    December 23rd, 2009
    Posted at: 1:55 pm

    Hi Sidharth, hold it for some time

    Hi kranthi, hold onto them for couple of weeks more

    Hi DS, yes, hold them..large caps are doing well today

    Hi Chandra, as of now not sure of any

    Hi shiva, yes, not sure why

    Hi Pranav.M, not sure about it


  2. sadiq Says:
    December 23rd, 2009
    Posted at: 1:55 pm

    CB sir, gmdc trgt for bse? is it still 154? cmp @ 150


  3. CB Says:
    December 23rd, 2009
    Posted at: 1:55 pm

    Hi sadiq, yes, 154.


  4. Chandra Says:
    December 23rd, 2009
    Posted at: 1:55 pm

    ok. shall wait for ur advice on buying anything. gud day to you.


  5. ROCKY Says:
    December 23rd, 2009
    Posted at: 1:56 pm

    thnks cb
    plz tell us is it a technical bounceback and bulls are back?.. what is the outlook for the week.
    regards


  6. Kb Says:
    December 23rd, 2009
    Posted at: 1:56 pm

    CB, what happened today? why there is no profit booking at this level?


  7. nb Says:
    December 23rd, 2009
    Posted at: 1:57 pm

    Hi CB, how is market is looking from here? is it just a bump?


  8. shiva Says:
    December 23rd, 2009
    Posted at: 1:58 pm

    new support and resistance levels for nifty???


  9. CB Says:
    December 23rd, 2009
    Posted at: 1:58 pm

    Hi Chandra, ok. good day

    Hi ROCKY, resistance near 5150-5180. above this we can see 5250

    Hi Kb, no. looks strong

    Hi nb, looks strong as of now.


  10. Pranav.M Says:
    December 23rd, 2009
    Posted at: 1:59 pm

    Hi CB, bought Zenith comp @ 32 rs 3 days back..should i hold it or exit at 29.10?


  11. raja Says:
    December 23rd, 2009
    Posted at: 1:59 pm

    Hi Cb,think you missed my request.Should I hold on Sail for long term or book profits ,and at what range?


  12. Name (required) Says:
    December 23rd, 2009
    Posted at: 1:59 pm

    I am yet holding on to the Put options u suggested for HDIL 330 and Nifty 5000 which I cannot exit at these levels which would result into huge losses.

    Please advice whether the markets would see a downside before expiry.


  13. CB Says:
    December 23rd, 2009
    Posted at: 1:59 pm

    Hi shiva, resistance at 5180.. support at 5000


  14. Murali Says:
    December 23rd, 2009
    Posted at: 1:59 pm

    HI CB,
    i have short selled Unitec @ 81, is it stii going to raise..
    please advice...


  15. harry Says:
    December 23rd, 2009
    Posted at: 2:00 pm

    hi CB, what will be tgt of suzlon for next 2 days


  16. CB Says:
    December 23rd, 2009
    Posted at: 2:00 pm

    Hi Pranav.M, hold it for some time

    Hi raja, hold it for med term. its a good bet

    Hi Name (required), would advice to exit from puts for now nifty looks strong

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