Intraday calls for 02-01-12

Quotes with Resistance & Support

Market Information

Intraday calls for 02-01-12

Posted on: January 2nd, 2012 at 8:25 am

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Happy New year!

Markets likely to open flat. Nifty has support at 4530 and resistance at 4700.

Sell Bata India below 525, target: 512. Stoploss: 537.
If markets show recovery later during the day, buy ICICI bank with stoploss near 672

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318 Responses

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Akash Says:
January 2nd, 2012
Posted at: 8:57 am
Hi CB, Shud I try to buy around 55 for target 58 then?
CB Says:
January 2nd, 2012
Posted at: 8:57 am
Hi Kb, :) good morning.. yes..
m v Says:
January 2nd, 2012
Posted at: 8:57 am
happy mew year to all
G m
CB Says:
January 2nd, 2012
Posted at: 8:57 am
Hi Akash, enter at opening. can add 4-5%
CB Says:
January 2nd, 2012
Posted at: 8:57 am
Hi m v, Good morning..Happy new year!
Akash Says:
January 2nd, 2012
Posted at: 8:58 am
Hi CB, Also, how is STC India in v small qnty like 1 or 2 for target 150+
CB Says:
January 2nd, 2012
Posted at: 9:01 am
Hi Akash, it can be bought on dips. with news of govt disinvestment, these will do well
vindi Says:
January 2nd, 2012
Posted at: 9:01 am
hello may i know the outlook of delta corp, tvs motors for the short term.
CB Says:
January 2nd, 2012
Posted at: 9:03 am
Hi vindi, delta is looking weak. don't enter it yet. tvs has support at 49-50 levels. possible test 55-56
Rise Says:
January 2nd, 2012
Posted at: 9:03 am
can i short mmtc ?
ttsathya Says:
January 2nd, 2012
Posted at: 9:03 am
IIFL Nifty Bt @ 470.35
ROHITR Says:
January 2nd, 2012
Posted at: 9:04 am
Hi CB, GM SIR, PL. ADVICE JP/IFCI INTRADAY
CB Says:
January 2nd, 2012
Posted at: 9:04 am
Hi Rise, no, not yet. there is news of govt disinvestment on these stocks
Hi ttsathya, no, not really sure about this one.
CB Says:
January 2nd, 2012
Posted at: 9:05 am
Hi ROHITR, Good morning.. jp looks weak. don't enter it yet. ifci has support at 21.50. likely to see some bounce from here.
Rise Says:
January 2nd, 2012
Posted at: 9:05 am
didnt get u sir ?
CB Says:
January 2nd, 2012
Posted at: 9:06 am
Hi Rise, there is positive news flow on stocks like stc, mmdc, nmdc, hindcopper, etc. don't go short on these yet.