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Intraday calls for 02-01-12

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

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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  1. sachin shukla Says:
    January 2nd, 2012
    Posted at: 9:22 am

    again Buy GDL at 129-132 for tgt 135-137-140+ Buy 100-250 nos


  2. CB Says:
    January 2nd, 2012
    Posted at: 9:22 am

    Hi Mohan, Good morning.. Happy new year. . idea is a hold. nifty could test 4660 on the upside. hold for now.


  3. sandeep Says:
    January 2nd, 2012
    Posted at: 9:23 am

    cb.............gudmornin............wats ur view on HUL? I'm holding its 440 [email protected] for the current series. should i hold it or square off? can it see levels close to 415 in 2-3 days?
    plz give stoploss where one can look to exit the position
    plz reply


  4. Tamraj Kilwish Says:
    January 2nd, 2012
    Posted at: 9:23 am

    Hi CB, Very Good Morning sir :)


  5. CB Says:
    January 2nd, 2012
    Posted at: 9:23 am

    Hi sandeep, Good morning. its technically looking strong. would advice to continue to hold onto it. you may hedge with a 4500 put


  6. AJ Says:
    January 2nd, 2012
    Posted at: 9:24 am

    Short on BATA @ 530...target plzz


  7. Mohan Says:
    January 2nd, 2012
    Posted at: 9:24 am

    Hi CB, thanks a lot ..


  8. CB Says:
    January 2nd, 2012
    Posted at: 9:25 am

    Hi AJ, below 525, can test 515

    Hi Mohan, most welcome

    Hi raj, yes, hold it. if possible hedge with a 90 call. does look weak.


  9. gaurav Says:
    January 2nd, 2012
    Posted at: 9:25 am

    Hi CB, Shall i short IDFC and Adani at CMP?


  10. PROFIT JAY Says:
    January 2nd, 2012
    Posted at: 9:25 am

    BUY RECLTD @ 154.4 TARGET 160.60 SL 152

    PROFIT JAY>>


  11. Karthik Says:
    January 2nd, 2012
    Posted at: 9:26 am

    hi cb!
    shall i enter icici or axis bank future


  12. CB Says:
    January 2nd, 2012
    Posted at: 9:26 am

    Hi gaurav, short idfc a bit higher near 93
    . adani can be shorted with sl at 293.


  13. CB Says:
    January 2nd, 2012
    Posted at: 9:26 am

    Hi Karthik, go with icici for now.


  14. CB Says:
    January 2nd, 2012
    Posted at: 9:27 am

    Hi PROFIT JAY, Good morning

    Hi raj, no, don't avg it yet.


  15. PROFIT JAY Says:
    January 2nd, 2012
    Posted at: 9:31 am

    Hi CB, TODAY BUY RECLTD IT GO UP SOON TO REACH 160-61.5 MARK

    PROFIT JAY>>


  16. CB Says:
    January 2nd, 2012
    Posted at: 9:32 am

    Hi PROFIT JAY, sure.

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