Quotes with Resistance & Support
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Intraday calls for 24-12-14

Posted on: December 24th, 2014 at 8:30 am

Markets likely to open flat. Support for nifty is at 8190 and resistance at 8350.

Buy Techno Electric & Engineering at 372-373, target: 381. Stoploss: 368

Thought for the day: “ Buy on the cannons, sell on the trumpets.” -Old French Proverb.

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244 Responses

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  1. van Says:
    December 24th, 2014
    Posted at: 8:54 am

    goodmorning cb, what u suggest about HDFC BANK?


  2. CB Says:
    December 24th, 2014
    Posted at: 8:55 am

    Hi TVS, can test 325

    Hi Kamath, below 293.5 can test 290

    Hi ezhil, no, not really sure yet

    Hi Nisha, most welcome

    Hi van, Good morning. can test 975 in near term.


  3. SJMY Says:
    December 24th, 2014
    Posted at: 8:56 am

    CB Sir, Thanks


  4. AJ Says:
    December 24th, 2014
    Posted at: 8:56 am

    short JK TYRE on opening?


  5. ezhil Says:
    December 24th, 2014
    Posted at: 8:59 am

    Thanks cb....can u let me know the target for escorts and rcom for today


  6. CB Says:
    December 24th, 2014
    Posted at: 9:00 am

    Hi SJMY, most welcome

    Hi AJ, no, not sure yet

    Hi TradeWarrior, Good morning

    Hi ezhil, Escorts can test 127. rcom around 77


  7. CB Says:
    December 24th, 2014
    Posted at: 9:00 am

    Hi Vishal, seems may remain a bit flat today. Asian markets not doing much


  8. van Says:
    December 24th, 2014
    Posted at: 9:01 am

    SIR WHAT ABOUT wockpharma? what wold be its target?


  9. Ani Says:
    December 24th, 2014
    Posted at: 9:01 am

    Hi CB, is SBI a gud buy for long term? (5 years)


  10. aradhana Says:
    December 24th, 2014
    Posted at: 9:01 am

    Hi CB,
    Good morning sir,
    Market closing post is wrongly updated .. posted date is 24-12-2014 :-D


  11. jasmin Says:
    December 24th, 2014
    Posted at: 9:02 am

    good morning

    please guide about relcap?


  12. ezhil Says:
    December 24th, 2014
    Posted at: 9:05 am

    Thanks cb....how long it will take rcom to reach 85 target....

    Also let me know short term target for bombay dyeing


  13. CB Says:
    December 24th, 2014
    Posted at: 9:05 am

    Hi van, can test 1050 in near term

    Hi Ani, yes. its a good long term bet. can accumulate on dips

    Hi aradhana, Good morning :) yes, just corrected it

    Hi jasmin, Good morning. its going a bit weak. dont enter yet.


  14. van Says:
    December 24th, 2014
    Posted at: 9:05 am

    sir, shall i buy WOCK today?


  15. CB Says:
    December 24th, 2014
    Posted at: 9:05 am

    Hi ezhil, most welcome. may take a while as of now is going weak as its making new lows. dont add more. Bombay dyeing has support at 64 levels. if holds onto it, can test 70-72 again


  16. CB Says:
    December 24th, 2014
    Posted at: 9:06 am

    Hi van, if looking for short term, can add few

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