Quotes with Resistance & Support
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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 3rd, 2010
    Posted at: 5:45 pm

    Hi $$$$, it looks good.. can head upto 127

    Hi EJ, 5400 seems unlikely.. strong resistance at 5220 above this we can see 5300. support is at 5150


  2. a.shanmugam Says:
    January 3rd, 2010
    Posted at: 6:27 pm

    hai cb , Good Evening ....one personal question.what u mean CB?


  3. tnl Says:
    January 3rd, 2010
    Posted at: 6:42 pm

    Heard that new listing of JSW energy tomorrow. what will be the initial price. can we go for that?


  4. CB Says:
    January 3rd, 2010
    Posted at: 6:43 pm

    Hi a.shanmugam, Good evening. its abbreviation for my name: Chirag Bedi

    Hi tnl, yes..it can add 5%..lets see how it opens..if it opens 3-5% higher and holds onto them gains then one can enter it.


  5. tnl Says:
    January 3rd, 2010
    Posted at: 6:53 pm

    Chirag, do u give weekly calls, If yes, can i have some weekly calls for tommorrow.


  6. sudheer Says:
    January 3rd, 2010
    Posted at: 6:57 pm

    Hi CB, Do you expect any spike in NHPC price tomorrow on account of JSW Energy listing? Thanks in advance.


  7. Mrs Kiran Shiroor Says:
    January 3rd, 2010
    Posted at: 7:28 pm

    Sir, Can one initiate a bull spread of buy 5200 call @ 134 and sell 5400 call @ 47 -both for jan exp date.


  8. sadiq Says:
    January 3rd, 2010
    Posted at: 7:54 pm

    Hi cb,

    For 2morrow's trade, i want to

    1. go long for kiridyes

    2. go short for sparc

    Wat do u advise ?


  9. CB Says:
    January 3rd, 2010
    Posted at: 8:27 pm

    Hi tnl, you can buy some of sintex for a week.its looking good

    Hi sudheer, no.. dont think so

    Hi Mrs Kiran Shiroor, dont by a 5200 call yet. buy the call only once nifty crosses 5230. one can see 5400 call now

    Hi sadiq, one can enter kiri dyes. for sparc short sparc with strict sl at 87


  10. Nascar Says:
    January 3rd, 2010
    Posted at: 8:38 pm

    Hi Chirag!!!

    I have open position in Ispatind @22.2 and Andhra Bank @ 118..
    Please suggest me that how long I should hold it to get a decent return...

    Regards,


  11. CB Says:
    January 3rd, 2010
    Posted at: 8:48 pm

    Hi Nascar, ispat looks good technically. can see 25 in short term. andhra bank is a hold. should see some upmove after the rbi meet.


  12. sunil Says:
    January 3rd, 2010
    Posted at: 8:54 pm

    cb i want to go long on some futures for 3-4 months period with good returns can u suggest me 2-3 futures


  13. sunil Says:
    January 3rd, 2010
    Posted at: 8:58 pm

    cb, thanks a lot for ur guidence great to have people like u.. god bless u for ever gudnyt


  14. Anoop Says:
    January 3rd, 2010
    Posted at: 9:01 pm

    Hi CB, what is one week target for Sintex..

    can I buy tmrw?


  15. Hiren Joshi Says:
    January 3rd, 2010
    Posted at: 9:05 pm

    I have 700 share of Unitech @ 86.00 per share? shall i hold. i expect Rs. 100.00 within 1 month .. is it?

    can i buy JMC project and GVK power now?


  16. CB Says:
    January 3rd, 2010
    Posted at: 9:10 pm

    Hi sunil, you are always welcome. .God bless you too.. would advice to wait for some dip. buy around 5100-5150 levels on nifty. go with Sintex, ifci and GTL


    Hi Anoop, yes.it can see 290-300

    Hi Hiren Joshi, it has strong support at 75. as of now its a hold. resistance is at 92. if it manages to cross 92, it can head upto 105. dont enter other 2 yet

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