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 24th, 2009
    Posted at: 12:03 am

    Hi Pradeep, yes, hold onto it. its turning volatile as of now but on dips add some more to avg it..it will do well once the enami issue of over

    Hi dd, no, dont enter a put yet

    Hi jagadeesh, it is finding strong support at 2.8. hold onto it for some time. will bounce back

    Hi matrix, 87 is good support.. keep sl at 87

    Hi nithin2009, mid/smallcaps will see some upmove in coming days.. today all largecaps were in action. they can add 7-10%

    Hi Pranjal, buy some of gmdc for short term..it can see 160-165

    Hi ankurpalan, it can see 158

    Hi sadiq, yes, it can see 95..


  2. CB Says:
    December 24th, 2009
    Posted at: 12:11 am

    Hi sathya, it can see 960. gspl can head upto 100


  3. sadiq Says:
    December 24th, 2009
    Posted at: 12:27 am

    hi cb, hope u r fine.
    ur view on hindalco for tomorrows trade plz.


  4. CB Says:
    December 24th, 2009
    Posted at: 12:29 am

    Hi sadiq, yes, hope you too doing good. it can head upto 158


  5. sadiq Says:
    December 24th, 2009
    Posted at: 12:47 am

    just asked ur howabouts, as u had a lot of breaks today. no compaints from my side though.


  6. sadiq Says:
    December 24th, 2009
    Posted at: 12:50 am

    CB,

    rolta, can i expect 200 tomorrow, cmp around 190.5


  7. CB Says:
    December 24th, 2009
    Posted at: 12:56 am

    Hi sadiq, ya.. too many.. difficult to trust them all :p

    Hi sadiq, yes, technically looks good.. can see 197-200


  8. sadiq Says:
    December 24th, 2009
    Posted at: 1:18 am

    cb,

    a silly doubt.
    like u said , rolta may see , say 197.
    cmp is 153.2 on BSE. it takes a gap up opening to 154.2.ok?

    Now, will the target be same or that too moves up.


  9. sadiq Says:
    December 24th, 2009
    Posted at: 1:38 am

    CB,

    I trade almost all scrips intraday on BSE only.

    Reason : Rediff.com provides very fast live quotes with auto-refresh every 1-3 seconds.

    Any kind advice from u, of a source for NSE data with such a fast auto-refresh quote update?

    Thanx in advance.


  10. sadiq Says:
    December 24th, 2009
    Posted at: 1:58 am

    cb,
    a silly doubt.
    like u said , rolta may see , say 197.
    cmp is 153.2 on BSE. it takes a gap up opening to 154.2.ok?
    Now, will the target be same or that too moves up.


  11. suhas Says:
    December 24th, 2009
    Posted at: 6:42 am

    Good morning CB.

    as global market is green, Today also can we expect any +ve move?


  12. suhas Says:
    December 24th, 2009
    Posted at: 7:21 am

    CB/Karthik

    what is your view on below stacks for todays intraday.

    NHPC
    PTC
    Hindalco.


  13. CB Says:
    December 24th, 2009
    Posted at: 8:34 am

    Hi sadiq, no.. cmp in bse is 190.45.. moneycontrol.com is a fast one

    Hi suhas, yes. may open 10-12 points higher.. resistance is at 5180

    Hi suhas, hindalco looks good. not sure of others yet


  14. Reddy Says:
    December 24th, 2009
    Posted at: 8:43 am

    Hi CB,
    Good Morning

    I have 100 GMDC @149.62 could you please tell me what would be todays target for it. would it be good if i exit it today ?


  15. pankaj Says:
    December 24th, 2009
    Posted at: 8:45 am

    i m also holdin 5100 put dec expiry, pls advice as to SL for it. thanx.


  16. CB Says:
    December 24th, 2009
    Posted at: 8:49 am

    Hi Reddy, hold it for 1-2 days. today it can see 153.

    Hi pankaj, yes, fundamentally its strong.not sure why its not really performing at all. for put keep strict sl at 5190

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