Intraday calls for 22-01-13
Markets likely to open flat, Support for Nifty at 6030
Buy Indraprastha Gas around 272.5, Target: 280, SL 267 - (SL triggered in IGL)
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sdkbest Says:
January 22nd, 2013
Posted at: 8:03 pm
Updates after Mkt Hrs:
Budget 2013-14: FM lures FIIs, assures to cut deficit by 60bps for 4 yrs
The finance minster has promised foreign institutional investors (FIIs) that he will stick to the 5.3% deficit for the current year. He aims to reduce the deficit by 60 basis points in each year for the next four years till it reaches 3%.
Hi CB/Kartik ,
What will be impact of above news on market tomorrow?
CB Says:
January 22nd, 2013
Posted at: 8:28 pm
Hi Mohan, Berger paints above 160 looks good
Hi PRAVIN, 1550 acts as its strong support level, keep a SL at 1540 in it and hold it for a couple of days
Hi money they are likely to see some consolidtaion ahead, avoid making fresh entries in them yet
Hi kb trader, Good evening :)
Hi vishnu, it looks weak overall, avoid it
Hi ramu, lets wait to see how U.s Marktes react tonight
Hi Prashant, would be better to hold it with a SL at 242 (strong support)
Hi sdkbest could have a minor positive impact
Pravin Says:
January 22nd, 2013
Posted at: 8:32 pm
Ok
Kv trader sir
Ragsssss Says:
January 22nd, 2013
Posted at: 8:52 pm
HUL a sell tgt 450.......if there is a dead cat bounce (if any) sell around 490-495..
vickys Says:
January 22nd, 2013
Posted at: 8:55 pm
Hi CB Sir,
Is Zee Entertainment been a good buy for tomorrow (only for Intraday)?
Kartik Says:
January 22nd, 2013
Posted at: 9:15 pm
Hi vickys, Yes, can be entered with a SL at 220 for at arget of 227
vickys Says:
January 22nd, 2013
Posted at: 9:27 pm
Thanks for the reply Kartik Sir,
aakash Says:
January 22nd, 2013
Posted at: 9:35 pm
can v short lupin for target 570-560 s/l 596
Sohan Says:
January 22nd, 2013
Posted at: 10:54 pm
Hello CB,
Can I sell Gold at CMP
Please let me know your view on USDJPY and GBPJPY
Sohan
Kartik Says:
January 22nd, 2013
Posted at: 11:40 pm
Hi vickys, most welcome
Hi aakash, go short if it breaks 580 (support level)
Hi Sohan, GE, sorry, not really sure of it, shall ask CB to reply
Sohan Says:
January 22nd, 2013
Posted at: 11:56 pm
Hi Kartik, Good evening.
Thanks very much.
Whats view on Vaibhav Gems and ITC
Sohan
cerulean Says:
January 23rd, 2013
Posted at: 12:07 am
Hi Kartik, GE..
THE DATA for tomorrow -23-Jan-2013 03-00 PM United Kingdom Bank of England Minutes
23-Jan-2013 03-00 PM United Kingdom Claimant Count Change
23-Jan-2013 05-30 PM United States MBA Mortgage Applications
Also kindly take note crude invetory report shall be on thrsday along with NG on the same day
24-Jan-2013 09-00 PM United States Data EIA Natural Gas Storage change
24-Jan-2013 09-30 PM United States Data EIA Crude Oil Stocks change
By the way , CRUDE Finally crossed 5200 today!!
Happy trading to everybody here!!
kb trader Says:
January 23rd, 2013
Posted at: 12:20 am
Hi Sohan, big no. likely to break 1700 and :))
CB Says:
January 23rd, 2013
Posted at: 1:17 am
Hi Sohan, Good evening. vaibhav can test 110 in coming days. itc if holds onto 284 can see 295
Hi kb trader, Good evening
Hi cerulean, Good evening.. thanks.
Sohan Says:
January 23rd, 2013
Posted at: 2:23 am
Hi kb trader, Check the 1693 levels for Gold - Fib level 38.2 giving good resistence.
Yep channel resistence at 1700 levels is a good level to short too.
Thanks very much
Sohan
Sohan Says:
January 23rd, 2013
Posted at: 2:24 am
Hi CB, Thanks.
Please let me know your views on JPY pairs.
Sohan