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Intraday calls for 29-12-10

Posted on: December 29th, 2010 at 8:30 am

Markets likely to open flat, Nifty faces strong support at 5960 and Resistance at 6030

Buy United Breweries around 518, Target: 526-528, SL 512

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499 Responses

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  1. Kb Says:
    December 29th, 2010
    Posted at: 8:37 am

    cbbbbbbbbb good morning


  2. Venkatagee Says:
    December 29th, 2010
    Posted at: 8:40 am

    GM, CB

    Asian markets seem flat

    How would Essar Oil and Hexaware be for intra-day


  3. kapil Says:
    December 29th, 2010
    Posted at: 8:41 am

    Hello CB,

    what are your views and levels for TATAMOTORS, AXIS BANK, and INFOSYS.


  4. Kartik Says:
    December 29th, 2010
    Posted at: 8:42 am

    Hi Kishore, GM, seems we might trade flat

    Hi Kb, Good morning

    Hi Vibhu, UBL

    Hi Gauri, GM, fine, hope you too doing well

    Hi Venkatagee, Markets are likely to trade flat, Hexaware can see 116


  5. Kartik Says:
    December 29th, 2010
    Posted at: 8:42 am

    Hi kapil, they have been recting to the Markets lately, can add 1-2% if Markets manage to see some recovery today


  6. cvrprakash Says:
    December 29th, 2010
    Posted at: 8:43 am

    Hi CB,

    Please guide me in this. Holding Bajaj.Hind 120 CA @ 4.45. Day before yesterday it came near 4.3, I thought it will give some more up move.. but yesterday it went below 2!!! Any chance for an upmove today? At what price you suggest me to exit it?
    Please advice.


  7. Kartik Says:
    December 29th, 2010
    Posted at: 8:44 am

    Hi cvrprakash, yes, below 120(cash) it looks weak, lets wait to see how it reacts today


  8. rashid Says:
    December 29th, 2010
    Posted at: 8:44 am

    may i go long ahead of new year expecting an upmove


  9. ttsathya Says:
    December 29th, 2010
    Posted at: 8:44 am

    Good Morning.Bt the following Futs. Pl guide.1.GSPL@121. 2.Alok Tex @34. 3.IDBI @159.
    4.On Mobile @285.To Wait or switch over to Jan Futs.


  10. Vibhu Says:
    December 29th, 2010
    Posted at: 8:45 am

    any small stock for 2day ??


  11. pankaj Says:
    December 29th, 2010
    Posted at: 8:46 am

    gm, can i buy Gitanjali Gems for intra day today?? if yes, pls give buyin price n possible tgt. thanx.


  12. Venkatagee Says:
    December 29th, 2010
    Posted at: 8:46 am

    Thx CB

    Some of the oil stocks spurted yesterday but Reliance Industries was down

    Any reason or can we expect some upside in Reliance Industries today?


  13. Kartik Says:
    December 29th, 2010
    Posted at: 8:46 am

    Hi rashid, you may go long above 6030 on Nifty

    Hi ttsathya, yes, rollover them

    Hi Vibhu, no


  14. vijayk Says:
    December 29th, 2010
    Posted at: 8:48 am

    CB....i will b closing nifty shorts today...holding it since long...will use ur daily calls to recover the loss...


  15. Kartik Says:
    December 29th, 2010
    Posted at: 8:49 am

    Hi pankaj, no, dont enter it for Intraday

    Hi Venkatagee, reliance ind has been in a lower trend lately, the stock is finding it difficult to cross its strong resistance of 1120, below 1050 it looks weak, go long above 1055


  16. Kartik Says:
    December 29th, 2010
    Posted at: 8:49 am

    Hi vijayk, ok

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