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Intraday calls for 29-12-09

Posted on: December 29th, 2009 at 9:14 am

Markets likely to open flat. Nifty has resistance at 5210.

Buy Hyderabad Industries Ltd at 442.85, target: 456. Stoploss: 434.
Buy V I P Industries Ltd at 169.15, target: 176. Stoploss: 166.50

Trade in small quantities.

1.00am – buy bhushan steel at cmp 1463 target 1480. stoploss: 1448

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590 Responses

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Comment pages: 293031323334353637Show all

  1. CB Says:
    December 29th, 2009
    Posted at: 9:16 pm

    Hi Anil, seems markets will open flat tomorrow..lets see. resistance remains at 5210


  2. ARIJIT DAS Says:
    December 29th, 2009
    Posted at: 9:19 pm

    hi cb,
    can i enter now Sunil Hitech Engineers Ltd for 2-3 month. what tgt. can i get. will it be a safe bet? pls advise...............


  3. bhuvaneswari Says:
    December 29th, 2009
    Posted at: 9:23 pm

    Hi CB,
    will you give tips for commodity trading?


  4. Kartik Says:
    December 29th, 2009
    Posted at: 9:29 pm

    Hi ARIJIT DAS, its a good bet for Short term, it can see 260+ levels

    Hi bhuvaneswari, sorry, not into commodities


  5. sunil Says:
    December 29th, 2009
    Posted at: 9:36 pm

    cb/karthik,
    where do u see nifty for december month expiry.
    do u feel nifty breaching 5210 this expiry


  6. Akash Says:
    December 29th, 2009
    Posted at: 9:36 pm

    Hi CB, Thanks. When we can see upward movements in MRF? Will it start going up form next week?


  7. Ankit Says:
    December 29th, 2009
    Posted at: 9:38 pm

    Hi CB /Kartik,

    any call / put with dedicated script for Jan 2010 ?


  8. ankurpalan Says:
    December 29th, 2009
    Posted at: 9:46 pm

    Hi Kartik, how does maxwell look for holding


  9. CB Says:
    December 29th, 2009
    Posted at: 9:47 pm

    Hi sunil, not sure yet. global markets are not doing much.. seems we may remain flat.. in a 50 point range

    Hi Akash, yes, hold it.should do well soon

    Hi Ankit, no.not yet


  10. CB Says:
    December 29th, 2009
    Posted at: 9:51 pm

    Hi ankurpalan, dont enter it yet. wait for some time. looks weak.


  11. Akash Says:
    December 29th, 2009
    Posted at: 9:53 pm

    Hi CB, Ok. So can we expect 10k in a month time in MRF. I want to buy my old stocks which I sold bcoz of the loss in Day trading. But those stocks are also going up and if I cud not make good profit with MRF, I'll not be able to buy them back.


  12. pankaj Says:
    December 29th, 2009
    Posted at: 9:59 pm

    hi cb, wht do u see short term tgt of globus n time frame? thanx


  13. CB Says:
    December 29th, 2009
    Posted at: 10:10 pm

    Hi Akash, yes. hold onto it. it will see higher levels.

    Hi pankaj, it can see 112 in a week or 2.


  14. sunil Says:
    December 29th, 2009
    Posted at: 10:13 pm

    cb wat are the main technical terms to be learnt for short term and day trading


  15. surya Says:
    December 29th, 2009
    Posted at: 10:16 pm

    Hi CB,It was a good day of trade after an extended weekend and market ended in the positive with modest gains. Nifty crossed the important 5200 level but shed some gains to profit booking. Asian markets closed firm while European markets were flat. Sensex shut shop at 17401, up 40 points and Nifty at 5187, up 9 points from the previous close. CNX Midcap index was up 0.28% and BSE Smallcap index was up 1.16%. The market breadth was positive with advances at 849 against declines of 412 on the NSE. Top Nifty gainers included Reliance Power, Reliance Infrastructure and Suzlon while losers were Cipla, Sun Pharma and DLF


  16. CB Says:
    December 29th, 2009
    Posted at: 10:18 pm

    Hi sunil, hope this helps: http://nseguide.com/charting-pathshala/ we are still updating the page

    Hi surya, yes.. calm day. resistance continues to remain at 5210 levels..lets see how US markets close today..

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