Quotes with Resistance & Support
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Intraday calls for 24-12-09

Posted on: December 24th, 2009 at 9:16 am

Markets likely to open flat. Resistance for nifty is at 5190.

Buy Engineers India Ltd at 1508, target: 1540. Stoploss: 1488
Buy Sterlite Technologies Ltd at 334.90, target: 345. Stoploss: 330

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988 Responses

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  1. ramsingh Says:
    December 25th, 2009
    Posted at: 5:19 pm

    Hai CB!
    What level we have to buy Austral Coke.


  2. CB Says:
    December 25th, 2009
    Posted at: 5:49 pm

    Hi bhuvaneswari, hope this linik helps: http://en.mimi.hu/stockmarket/triple_top.html

    Hi Sabu, Merry Christmas.. its likely to do well till budget..hold it..can add 12-15%

    Hi ramsingh, buy some at cmp


  3. Sabu Says:
    December 25th, 2009
    Posted at: 5:54 pm

    Thanks Chirag
    Can you pls explain how budget makes an impact on TWL ?


  4. ramsingh Says:
    December 25th, 2009
    Posted at: 6:05 pm

    Hai CB!
    What is ur opinion about Usha martin education.What is the target price.


  5. bhuvaneswari Says:
    December 25th, 2009
    Posted at: 6:43 pm

    Thank You very much CB......that site is very useful to learn stock markets clearly


  6. Kartik Says:
    December 25th, 2009
    Posted at: 6:44 pm

    Hi Sabu, if some favorable actions for the company are expected, the stock will move up

    Hi ramsingh, the company is not so strong fundamentally, dont enter it for Long term


  7. Sabu Says:
    December 25th, 2009
    Posted at: 7:47 pm

    Thanks Kartik


  8. Akash Says:
    December 25th, 2009
    Posted at: 8:08 pm

    Thanks CB. Then I am holding it with the view that it will see 9k+ shortly. Wht do u think Kartik about this? Will MRF see 9k+ or even 10k+ v shortly.


  9. Kartik Says:
    December 25th, 2009
    Posted at: 9:11 pm

    Hi Sabu, most welcome

    Hi Akash, it can see 10k levels in 5-6 months time


  10. sanzoo Says:
    December 25th, 2009
    Posted at: 9:53 pm

    Hi kartik, Hi CB
    I have 2000 Dena bank @ 82 since 18 months. Hold it or exit ?


  11. Kartik Says:
    December 25th, 2009
    Posted at: 10:20 pm

    Hi sanzoo, hold it for some more months, it can do well


  12. surya Says:
    December 25th, 2009
    Posted at: 10:29 pm

    It was a busy week for our market that continued to trade in a tight range and then raced higher yesterday and today giving much cheer ahead of the holidays. FIIs were net buyers of $288.90 million in equities on December 23 alone. Experts feel the market has made a new top and if global cues are benign then it is headed higher. Once Nifty closes above 5200 decisively it is headed to 5400-5500 levels. Nifty has already made a new 2009 high today and Indian markets continue to look good amid its Asian peers. This week's smart figures were: Sensex up 3.7% and Nifty up 3.8%. BSE Midcap index was up 2.5%, BSE Smallcap index up 2.9% over the week. BSE Metal index was up 6.7%, BSE Oil & Gas index up 4.6%. BSE Bankex index was up 4.3%, BSE Realty up 3.7%, BSE Consumer Durables index up 3.3%, BSE IT index up 2.6% and BSE FMCG index up 2.3%. surya


  13. surya Says:
    December 25th, 2009
    Posted at: 10:35 pm

    Royale Manor Hotels and ind General
    Super Spinning mills ltd General
    can i enter on this .......


  14. surya Says:
    December 25th, 2009
    Posted at: 10:40 pm

    good night.....


  15. Yusuf Says:
    December 25th, 2009
    Posted at: 10:41 pm

    Hi Kartik, whats ur view on Greaves Cotton .. this stock can be next multi bagger .. :-) pls have a look at the technicals.. i am sure u will love the figures..
    Let me know ur views..


  16. Kartik Says:
    December 25th, 2009
    Posted at: 10:42 pm

    Hi surya, thanks for the update, you may enter Royale Manor Hotel on dips, dont enter Super Spinning Mills Ltd its a loss making company

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