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Quotes with Resistance & Support

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Intraday calls for 12-01-10

Posted on: January 12th, 2010 at 8:16 am

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Markets likely to open slightly lower. Support for nifty is at 5220 and resistance at 5300.

If markets show recovery later during the day, buy: Adhunik Metaliks Ltd with a stoploss at 118 and Nocil Ltd with a stoploss at 26.50

12.55pm – Book profits in aban short at 1470

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732 Responses

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CB Says:
January 13th, 2010
Posted at: 7:51 am
Hi Abhinav, it has some resistance at 76.. may see some selling pressure here.. once
Hi vamsi, yes, invest some in sel for med term..it will do well
Hi Narendra, yes, keep strict sl at 95
Hi manoj, yes, hold it for short term. looks good .
bhuvaneswari Says:
January 13th, 2010
Posted at: 7:59 am
Hi CB
Good Morning. What is the target for sintex, Biocon & IVRCL?
K.RAJKUMARREDDY Says:
January 13th, 2010
Posted at: 8:03 am
goodmorning sir what is the position of TANLASOL i have 1000shares @66
CB Says:
January 13th, 2010
Posted at: 8:09 am
Hi bhuvaneswari, Good morning. they are likely to remain flat today since markets are not likely to do much
Hi K.RAJKUMARREDDY, Good morning.it has some resistance at 64 (closing basis). a close above this can take it upto 72.
K.RAJKUMARREDDY Says:
January 13th, 2010
Posted at: 8:11 am
thank you very much SIR what about neyvelilignite i bought 1000shares @ 167
CB Says:
January 13th, 2010
Posted at: 8:17 am
Hi K.RAJKUMARREDDY, hold it for a target of 174. looks strong technically
ravikanth Says:
January 13th, 2010
Posted at: 8:21 am
good morning,
CB Says:
January 13th, 2010
Posted at: 8:22 am
Hi ravikanth, Good morning..
Sampangi Says:
January 13th, 2010
Posted at: 8:27 am
Hi CB,
I have short Cromton Greaves @428/- yesterday. Can you please give me target today. Whether my price will come today seems all markets are in deep red..
Thanks
ravikanth Says:
January 13th, 2010
Posted at: 8:28 am
what are the supprt level of nifty.
CB Says:
January 13th, 2010
Posted at: 8:29 am
Hi Sampangi, it can see 440. hold it..it usually does not move with the markets.
CB Says:
January 13th, 2010
Posted at: 8:29 am
Hi ravikanth, 5180
DHARMESHBHAI Says:
January 13th, 2010
Posted at: 8:30 am
hi cb
can we holt on guj nre coke or wipor tcs on current level
CB Says:
January 13th, 2010
Posted at: 8:30 am
Hi DHARMESHBHAI, yes, one can hold onto them for short term
ravikanth Says:
January 13th, 2010
Posted at: 8:35 am
sir im holding 5300call
i can hold it fr 3-4day's sir.......
again nifty will trade in 5300level's in this day's?