Quotes with Resistance & Support
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Intraday calls for 05-01-10

Posted on: January 5th, 2010 at 8:19 am

Markets likely to see a gap up opening. Resistance for nifty is at 5300 and support is at 5220

Buy Bajaj Finserv Ltd at 359.45, target: 372. Stoploss: 353.
Buy Cosmo Films Ltd at 115.90, target: 121. Stoploss: 113.80

9.30am - sell sail in small quantity at 254, target 249, sl 257

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789 Responses

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  1. santosh Says:
    January 6th, 2010
    Posted at: 4:12 am

    Hi CB....Happy new year....Can I enter following stock for 2-3 month at current level or do I need to wait for some correction
    1.Indian Overseas Bank
    2.Adhunik Metaliks Ltd.
    3.JSL Ltd
    4.Triveni Engineering

    Or if u have few good picks,please let me know for short term for good gain though I think a good correction is pending from long time and can happen anytime.


  2. CB Says:
    January 6th, 2010
    Posted at: 7:40 am

    Hi Narendra, yes.. for short term one can enter them

    Hi santosh, Happy new year..dont enter jsl as of now. wait for some dip. you can enter the other 3 along with sel manufacturing.


  3. CB Says:
    January 6th, 2010
    Posted at: 7:46 am

    Hi rajkumarreddy, since markets have been opening gap up they tend to open higher. you can enter them 1-2rs higher and also modify the sl accordingly


  4. Sampangi Says:
    January 6th, 2010
    Posted at: 7:55 am

    Hi,

    Can i enter JSW Steel today for intraday or can i go for short...pls advice...


  5. CB Says:
    January 6th, 2010
    Posted at: 7:57 am

    Hi Sampangi, it looks strong. dont go short on it yet.


  6. Sampangi Says:
    January 6th, 2010
    Posted at: 7:58 am

    Hi,

    Can i enter Hindalo or Bharat Forge after open market..


  7. CB Says:
    January 6th, 2010
    Posted at: 8:03 am

    Hi Sampangi, bharat forge can be bought. dont enter hindalco now.


  8. LITAN Says:
    January 6th, 2010
    Posted at: 8:07 am

    hi cb,
    good morning


  9. CB Says:
    January 6th, 2010
    Posted at: 8:09 am

    Hi LITAN, good morning..


  10. LITAN Says:
    January 6th, 2010
    Posted at: 8:12 am

    hi cb
    today any buy stock for margin


  11. Suresh Says:
    January 6th, 2010
    Posted at: 8:17 am

    VGM CB,

    since asian mark et opens positive, can we expect the same trend here.

    happy trading


  12. CB Says:
    January 6th, 2010
    Posted at: 8:18 am

    Hi LITAN, just posted today's calls

    Hi Suresh, Good morning. yes, likely to open slightly higher.


  13. ASHOK69 Says:
    January 6th, 2010
    Posted at: 8:22 am

    what is the short term [10 days]target for bag films


  14. CB Says:
    January 6th, 2010
    Posted at: 8:48 am

    Hi pankaj, Good morning. thanks for you concern.. not really sure about this script for today.


  15. asok Says:
    January 6th, 2010
    Posted at: 10:38 am

    hello CB, Which is a better stock to invest in?


  16. Narendra Says:
    January 6th, 2010
    Posted at: 9:49 pm

    Hi CB, Please advice me the one week target of Gammon Infra.


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