Quotes with Resistance & Support
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Intraday calls for 01-01-09

Posted on: January 1st, 2009 at 9:20 am

Markets likely to open flat.
Buy Reliance Infrastructure for a target of 595. Stoploss: 573.

At higher levels short sell Satyam Computers with a stoploss at 180.

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112 Responses

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  1. vvdp Says:
    January 1st, 2009
    Posted at: 12:18 pm

    happy new year CB...ANY NEWS ON HINDALCO, CHAMBAL AND ESSAR OIL


  2. CB Says:
    January 1st, 2009
    Posted at: 12:21 pm

    Hi vvdp, Same to you.. Happy New Year..

    Hi Prakash, It had run up a lot recently.. will take some time to consolidate and then show an upmove.. support is at 125.. resistance at 155..

    Hi vvdp, Technically Hindalco above 53 looks good..


  3. CB Says:
    January 1st, 2009
    Posted at: 12:21 pm

    I WIL BE BACK IN 30 MIN..


  4. madhukar Says:
    January 1st, 2009
    Posted at: 12:24 pm

    plz me a good stock For short term(1-2 weeks)...target?........


  5. Dhrubo Says:
    January 1st, 2009
    Posted at: 12:29 pm

    LITL will not show much upmove today.
    Later after 1.30 if market shows weakness SELL it for a target of 145
    It is facing very strong resistence at 172-175
    It looks weak to me.


  6. Dhrubo Says:
    January 1st, 2009
    Posted at: 12:38 pm

    Maruti December sales at 56,293 units (down 10%)
    Bajaj Auto December vehicle sales at 142,133 units (down 29%)


  7. vvdp Says:
    January 1st, 2009
    Posted at: 12:38 pm

    ANY INFO ON ESSAR OIL SIR


  8. pramodjain Says:
    January 1st, 2009
    Posted at: 12:46 pm

    I HOLD 50SATYAM@166& 50JINDILSAW@265 CAN I HOLD OR SELL


  9. CB Says:
    January 1st, 2009
    Posted at: 12:48 pm

    Hi madhukar, Don't buy anything for short term yet.. Once Nifty crosses 3040-3050 then buy..

    Hi vvdp, Essare Oil is a buy above 91..


  10. Dhrubo Says:
    January 1st, 2009
    Posted at: 12:49 pm

    Hold Essar Oil for a target of 98-100 in 1-2 days


  11. Dhrubo Says:
    January 1st, 2009
    Posted at: 12:50 pm

    Promod Sell Satyam its unlikely to cross 180


  12. CB Says:
    January 1st, 2009
    Posted at: 12:50 pm

    Hi pramodjain, Satyam has resistance at 179-180.. above this level, it could touch 195.. Jindal saw is a hold ..


  13. amit Says:
    January 1st, 2009
    Posted at: 12:54 pm

    whats the opening time of europe markets


  14. DM Says:
    January 1st, 2009
    Posted at: 12:56 pm

    Hello CB,

    Any Targets for RCom and SAIL for today?
    Both are looking strong..


  15. Raj Says:
    January 1st, 2009
    Posted at: 12:56 pm

    Hi CB, Reliance infr...wait for some more time.... or book profit... not moving above 590...?


  16. Dhrubo Says:
    January 1st, 2009
    Posted at: 12:59 pm

    European Markets are closed today

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