Quotes with Resistance & Support
Market Information

Intraday calls for 31-12-09

Posted on: December 31st, 2009 at 9:14 am

Markets likely to see a flat opening. Support for nifty is at 5150 and resistance at 5210

Buy Oracle Financial Services Software Ltd at 2322.25, target: 2400. Stoploss: 2295
Buy Nirma Ltd at 215.15, target: 224. Stoploss: 211

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  1. CB Says:
    January 1st, 2010
    Posted at: 5:59 pm

    Hi naga, Happy new year..

    Hi shipra, Happy new year..

    Hi Sampangi, most welcome. buy sintex if it trades above 275 for some time on monday.. markets may open slightly lower on monday..


  2. jigs Says:
    January 1st, 2010
    Posted at: 6:33 pm

    HAPPY NEW YEAR CAN U TELL ME ABOT PFL INFOTECK TARGET


  3. CB Says:
    January 1st, 2010
    Posted at: 6:36 pm

    Hi jigs, Happy new year. this one has a 2% circuit..not really sure when it will stop hitting them. as of now its a risky bet to enter .


  4. sunil Says:
    January 1st, 2010
    Posted at: 6:42 pm

    cb, Happy new year
    what is your view on nifty for this year do u expect 21000 for this year as many are expecting. If so do u expect good correction of 10-15% before going to 21000.


  5. CB Says:
    January 1st, 2010
    Posted at: 7:03 pm

    Hi sunil, 21k seems unlikely.. some correction is likely in coming days..


  6. ramsingh Says:
    January 1st, 2010
    Posted at: 7:07 pm

    Hai CB!
    Please suggest about Anu Labs to touch 11 level in Next week if any chances.


  7. pradeep Says:
    January 1st, 2010
    Posted at: 7:14 pm

    HELLO CB,A VERY HAPPY AND PROSPEROUS NEW YEAR TO YOU.CAN YOU GIVE A STRATEGY ON IFCI AS IT IS DECLARING QUARTERLY RESULTS ON 8TH JAN.?


  8. jay Says:
    January 1st, 2010
    Posted at: 7:19 pm

    Wish you all a very happy new year....


  9. Sm Says:
    January 1st, 2010
    Posted at: 7:29 pm

    Hi..cb/kartik.. Happy new year. Pls sugst about stcindia ? I am holding the same with last 2 moths. Can see 390 level this week?


  10. sadiq Says:
    January 1st, 2010
    Posted at: 7:30 pm

    Hi CB,
    U keep advising to trade SMALL QUANTITIES. what do u mean by SMALL here.
    Like 50,000 or 1,00,000(Incl margin) or below that?


  11. pankaj Says:
    January 1st, 2010
    Posted at: 7:38 pm

    dear CB, pls tell as to where can i look for live data for volumes in scrips?? thanx.


  12. pankaj Says:
    January 1st, 2010
    Posted at: 7:48 pm

    also give ur view on jyoti structures for a week's time. its board is supposed to consider some amalgamation decision on jan 8. thanx.


  13. Siva Says:
    January 1st, 2010
    Posted at: 8:02 pm

    Dear CB,

    I have started to invest in Shares from last time. Please let me if one can enter the following stocks and if so at what levels with a one month time-frame:

    1) Andhra bank
    2) Ashok Leyland
    3) Madras cements
    4) Marico Ltd

    Thank You CB and wishing the entire team of NSEguide a prosperous New Year 2010


  14. sunil Says:
    January 1st, 2010
    Posted at: 8:02 pm

    cb, in the medium term wat kind of correction you are looking for nifty. 4800 or less than that.


  15. CB Says:
    January 1st, 2010
    Posted at: 8:04 pm

    Hi ramsingh, no, 11 seems unlikely anytime soon

    Hi pradeep, Happy new year.. not really sure about its results.. technically has strong resistance at 58

    Hi jay, Happy new year..

    Hi Sm, Happy new year.. it has been facing strong resistance at 385 levels.. if it manages to close above this then it can head upto 430. continue to hold it for some more time.

    Hi sadiq, depends on what your avg trading volume is.. if usually take a trade of 50-60k then invest 20-25k for now

    Hi pankaj, nseindia.com should give that info

    Hi pankaj, yes, it is looking good technically..can see 190 .


  16. CB Says:
    January 1st, 2010
    Posted at: 8:04 pm

    Hi sunil, not sure of 4800. technically strong support at 5150, below this we can see 5000 for now.

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