Quotes with Resistance & Support
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Intraday calls for 01-01-16

Posted on: January 1st, 2016 at 8:29 am

Markets likely to open flat. Support for Nifty is at 7880 and resistance at 8000. Bank Nifty has support at 16850 and resistance at 17050

Buy La Opala around 640, target: 655. Stoploss: 630

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144 Responses

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  1. CB Says:
    January 2nd, 2016
    Posted at: 9:59 am

    Hi sensex, can add above 209

    Hi Taj, not yet. it is looking weak. best to avoid for now. for short term trades, its best to go with technically strong stocks. can look for stocks making fresh 6-9 month highs with more than avg volumes

    Hi ps, can test 323

    Hi TAPAN, can test 31.5

    Hi Vishal, not yet. is going a bit weak below 72

    Hi Abhishek, it may consolidate for few days before moving higher as its already rallied quite a bit. best to wait for now. don't add more yet

    Hi Trade Warrior, wish you the same. Happy New year!


  2. TAPAN Says:
    January 2nd, 2016
    Posted at: 10:35 am

    CB SIR, MONDAY MARKET FORCAST UPSIDE OR DOWNSIDE PLEASE


  3. TAPAN Says:
    January 2nd, 2016
    Posted at: 10:36 am

    CB SIR, COMIGWEEK JINDAL STEEL& POWER DOWNSIDE & UPSIDE TARGET PRICE PLEASE


  4. CB Says:
    January 2nd, 2016
    Posted at: 10:38 am

    Hi TAPAN, seems may open a bit lower on Monday. Jindal steel can test 97


  5. vinod Says:
    January 2nd, 2016
    Posted at: 11:05 am

    Hi CB , Good morning , i am new to trading i want to invest 50K for a month period please suggest me a under 50/- stock


  6. vinod Says:
    January 2nd, 2016
    Posted at: 1:30 pm

    should i enter morpen lab at current levels or wait for correction ? or Optocircuits please guide me


  7. pandichelvam.s Says:
    January 2nd, 2016
    Posted at: 3:26 pm

    hi CB Sir,

    trend on base metal for this yr if +ve or -ve for commodity stocks


  8. CB Says:
    January 2nd, 2016
    Posted at: 5:28 pm

    Hi pandichelvam.s, no, not really sure about commodities

    Hi vinod, Good evening. can add morepen on a small dip. opto can test 17 in coming days. it also can be added in small quantity. no new call yet for short term


  9. ramaswany Says:
    January 2nd, 2016
    Posted at: 5:57 pm

    sir iam holdig nifty future short 7945


  10. TAPAN Says:
    January 2nd, 2016
    Posted at: 6:14 pm

    CB SIR, MONDAY MERCARATOR TARGET PRICE PLEASE


  11. Ramaswamy Says:
    January 2nd, 2016
    Posted at: 6:39 pm

    Sir iam holding nifty futures short@7945


  12. Chirag Syal Says:
    January 2nd, 2016
    Posted at: 7:03 pm

    Yeah u r right. I will suggest you to hold. 325 is really a good support.

    It will consolidate & make a base around 325 to 335.. Than a rally will be seen.


  13. kmr Says:
    January 2nd, 2016
    Posted at: 8:30 pm

    cb Sir happy new yearwhat is ur view on zee learn for 1 week. thanking you sir.


  14. Vijayk Says:
    January 2nd, 2016
    Posted at: 9:31 pm

    CB...converted Laopala to delivery...hope it recovers on monday


  15. CB Says:
    January 3rd, 2016
    Posted at: 8:42 am

    Hi Vijayk, yes, does look strong

    Hi kmr, Happy new year! it has support at 38 levels. if holds onto it, can bounce back from here

    Hi Ramaswamy, ok. its a hold. keep sl near 8000

    Hi TAPAN, can test 30


  16. Nb Says:
    January 3rd, 2016
    Posted at: 9:31 am

    Hi cb how do you think anantraj is going to fare, at what levels can i exit from the shares that i already hold.

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