Quotes with Resistance & Support
Market Information

Intraday calls for 02-01-14

Posted on: January 2nd, 2014 at 7:02 am

Markets likely to open slightly higher, Resistance for nifty is at 6350 and support at 6240.

Buy Sintex above 36.10, target: 37.60, SL 35.30 – (Book profit in Sintex at 37.60. SMSs are being delayed by the service provider. Hopefully this issue will be resolved soon)

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364 Responses

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  1. rounak Says:
    January 2nd, 2014
    Posted at: 4:31 pm

    sir , today due to dis fall i had to take dilevery of the following stocks...
    1) suzlon at 11.55
    2)india cement @61.5
    3)prism cement @ 29.1
    4) trf @ 139
    5) ubholdig @39
    i want to kno if drez sm possibility of me getting profits out of it by monday...or shd i short it tomorrow.??


  2. Spammy Says:
    January 2nd, 2014
    Posted at: 4:37 pm

    Thanks a lot for valuable input on sintex made a huge profit today. May god bless you!


  3. Finfreak Says:
    January 2nd, 2014
    Posted at: 4:52 pm

    Hi CB/ Kartik,

    One general quesion. Many a times I want to follow your calls but before I trade the suggested ticker gets very close to your target and so I don't trade.. What do you suggest in those situations, should I enter or avoid trade as chance of winning is less.. Thanks!


  4. CB Says:
    January 2nd, 2014
    Posted at: 4:52 pm

    Hi Spammy, you are always welcome

    Hi rounak, I replied in the queries section

    Hi kmc, most welcome

    Hi sanjaylathia, thanks. nice to hear that

    Hi MFB, ok. dont add more yet. nifty could test 6150-6180 levels before moving hgiher. hedge with a 6100pe for now

    Hi pavan, punj is a hold for now. dont avg yet. dishman can be added on a dip of 3-4rs. dont re-enter delta yet

    Hi babbu, most welcome

    Hi nats, these are a hold for short term. after some profit booking/ consolidation, these are likely to bounce back

    Hi aatish, most welcome

    Hi Hamed, if possible hold it for 2-3 days. technically ktk does look good. dont add more stocks yet

    Hi Chandrakant, most welcome. hold Jyoti for short term. can test 35-36 again

    Hi DM, ok. its in an uptrend. we could hold it for short term. dont add more yet

    Hi Rajasekar, yes, these are a hold for short term.


  5. CB Says:
    January 2nd, 2014
    Posted at: 4:54 pm

    Hi Finfreak, in such cases when stock opens near target, dont enter it. can enter once it nears the buy price.


  6. nats Says:
    January 2nd, 2014
    Posted at: 4:54 pm

    Thanks CB, for your valuable inputs


  7. CB Says:
    January 2nd, 2014
    Posted at: 4:55 pm

    Hi Ash, its a hold for 3-4 days. dont exit yet.


  8. CB Says:
    January 2nd, 2014
    Posted at: 4:55 pm

    Hi nats, most welcome.


  9. Ash Says:
    January 2nd, 2014
    Posted at: 5:01 pm

    Thanks CB, Can you give your views on the target of ICICI Bank for a week. Do you think it will go up?


  10. new Says:
    January 2nd, 2014
    Posted at: 5:01 pm

    hi
    tomorrow nifty and rcom your view


  11. pavan Says:
    January 2nd, 2014
    Posted at: 5:16 pm

    Thnk u sir...btw I am holdin 1000 shares of kserasera @ 14 since 2 months.....but its not at all moving from 12....can I exit and add sme of morepen pharma looking for the target of 6-7?


  12. Arvind Says:
    January 2nd, 2014
    Posted at: 5:21 pm

    Sir,what levals can see tomorrow?holding longs


  13. Ezhil Says:
    January 2nd, 2014
    Posted at: 5:28 pm

    Hello CB,

    I am in huge loss due to sudden market crash:

    Jyoti Structures @ 34.10
    Suzlon @ 11.45
    Coal India @ 291.70

    All these stocks are down by 3.x%.

    Do you think, market will open in positive note tomorrow? Also, will these stocks come up soon?

    Regards,
    Ezhil


  14. Prathmesh Says:
    January 2nd, 2014
    Posted at: 5:33 pm

    Helo CB sir, 1 month bak you suggest to buy n hold SAIL...today it was in uptrend..my average purchase is Rs. 88/-...what will you suggest?


  15. Arvind Says:
    January 2nd, 2014
    Posted at: 6:14 pm

    Sir holding long in tata power.Levals for tomorrow plz?


  16. CB Says:
    January 2nd, 2014
    Posted at: 6:18 pm

    Hi r.g., there is still long time for expiry. we could another lot to avg if nifty dips near 6150. hold for now. likely to recover back

    Hi Prathmesh, its a hold for short term. is facing resistance at 75 levels. will dow ell once crosses it.

    Hi Ezhil, yes, these are a hold for few days. do look good. markets after some consolidation are likely to move hgiher

    Hi Arvind, as of now seems may open flat. lets see how US markets close

    Hi pavan, its facing strong resistance at 12.50 levels. once manages to cross it, can test 15-16 levels. its a hold for now

    Hi new, as of now seems may open a bit flat. hold for now

    Hi Ash, it has strong support at 1050-1060 levels. on the upside can test 1100 again. resistance is at 1120. above this can test 1180

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