Quotes with Resistance & Support
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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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Comment pages: 67891011121314Show all

  1. Milind Says:
    January 2nd, 2012
    Posted at: 12:44 pm

    Hi CB,

    Happy new year.

    Can I buy 4600 PE for i/d.
    Currently it is trading at 123.

    Thanks.


  2. Abdullah Says:
    January 2nd, 2012
    Posted at: 12:44 pm

    Hi CB, Thanks and plz check whats happening


  3. arshad Says:
    January 2nd, 2012
    Posted at: 12:44 pm

    thank u sir how about biocon


  4. CB Says:
    January 2nd, 2012
    Posted at: 12:45 pm

    Hi DJ, yes, does look weak

    Hi Abdullah, sure. will do

    Hi Milind, enter below 4585

    Hi arshad, most welcome. biocon can test 285.


  5. Tamraj Kilwish Says:
    January 2nd, 2012
    Posted at: 12:46 pm

    Bajaj Auto Ltd has informed BSE regarding a Press Release dated January 02, 2012, titled "Bajaj Exceeds Million Sales In A Quarter - Third Time In A Row".

    Is this a bad news LOL!!


  6. arshad Says:
    January 2nd, 2012
    Posted at: 12:47 pm

    k thank sir........mrkt vil recover today.....so i can buy nifty


  7. CB Says:
    January 2nd, 2012
    Posted at: 12:47 pm

    Hi arshad, with global markets closed may remain a bit flat/ weak. don't enter a long yet.


  8. CB Says:
    January 2nd, 2012
    Posted at: 12:47 pm

    Hi Tamraj Kilwish, :) not sure why seeing such selling pressure.


  9. DJ Says:
    January 2nd, 2012
    Posted at: 12:48 pm

    Thx Buddy
    NIft 50 down down...down down ....down down


  10. CB Says:
    January 2nd, 2012
    Posted at: 12:49 pm

    Hi DJ, yes. some support near 4585


  11. Abdullah Says:
    January 2nd, 2012
    Posted at: 12:49 pm

    Hi DJ, GA. Lets see what happens :)


  12. SAI Says:
    January 2nd, 2012
    Posted at: 12:49 pm

    HI CB Bought ICICI BANK @ 693 in cash will u pls adv sl & exit level


  13. CB Says:
    January 2nd, 2012
    Posted at: 12:50 pm

    Hi SAI, it has strong support around 680. hold for now.


  14. ani Says:
    January 2nd, 2012
    Posted at: 12:50 pm

    Hi CB,


    sir ihv investment of 1500rs...so if i hedge with 4400PE thn it will above my budget.....wats the nifty...any upside in this week.....any chance it will cross 4800mark....


  15. SAI Says:
    January 2nd, 2012
    Posted at: 12:51 pm

    Hi Abdullah GA


  16. Tamraj Kilwish Says:
    January 2nd, 2012
    Posted at: 12:51 pm

    BEST SECTOR - PHARMA, Recession proof, wow!!

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