Quotes with Resistance & Support
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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)

Predict the closing of Nifty on Friday and win a cheque of a similar amount: Click here

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364 Responses

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  1. CB Says:
    January 2nd, 2014
    Posted at: 6:20 pm

    Hi Arvind, it has strong support at 86 levels. can test 90 again if markets are positive.


  2. Kumar Says:
    January 2nd, 2014
    Posted at: 6:22 pm

    CB sir your view on morepen pharma Punjlloyd short,midterm what r the targets?


  3. Ash Says:
    January 2nd, 2014
    Posted at: 6:27 pm

    Thanks CB, Can you give your views on the target of ICICI Bank for a week. Do you think it will go up? do let me know if i can buy an other lot if the CMP goes down


  4. kaushal Says:
    January 2nd, 2014
    Posted at: 6:30 pm

    Sir can ifb achieve target of 84 tomorrow


  5. AmritF Says:
    January 2nd, 2014
    Posted at: 6:37 pm

    Sir, any particular target you think for:

    Suzlon
    Punjlloyd


  6. sn123 Says:
    January 2nd, 2014
    Posted at: 6:41 pm

    sir,
    holding rolta 1000 @ 73.51 pl.let me know your view and trg.


  7. Prathmesh Says:
    January 2nd, 2014
    Posted at: 6:56 pm

    ok many thank for Sintex and Delta. i booked profit in both sir..thnx again


  8. jk Says:
    January 2nd, 2014
    Posted at: 7:14 pm

    sir
    now we are below 6240ns
    and where may to booked the pe
    with regards


  9. DM Says:
    January 2nd, 2014
    Posted at: 7:17 pm

    Hi CB, How does Rolta look for tomorrow?


  10. Tuff momey Says:
    January 2nd, 2014
    Posted at: 7:30 pm

    Hi cb, happy New Years!! Wishing you all the best for the year... My question is that today was a technical sell off when we hit resistance and the days low was taken out - no fundamental news.. Sentiment was weary as we thought Fii's are profit booking, or unhappy about Policy developments... But EOD stat shows them as net buyers today.. So should we not remain bullish expecting a full reteacement?


  11. jai kumar Says:
    January 2nd, 2014
    Posted at: 7:44 pm

    Hi Tuff momey, Ofcourse FIIs are net buyers but that is not the only factor which affects the market. look at diis figures also. Above all look at nifty put call data. Nifty put 6300 was short covered and at the same time nifty call 6500 - 6400 - 6300 and even 6200 were short sell today heavily. Now again 6300 will be a big barrier and chances are nifty will go down to may be 6150 or so. So remain short till such time nifty crosses 6300 and stay there. Bank nifty is also weak.


  12. jk Says:
    January 2nd, 2014
    Posted at: 8:01 pm

    sir
    why we are looking side by side as useless....
    in morning you said rest at 6350,,
    thanks for good calculation

    with regards


  13. Mandar Says:
    January 2nd, 2014
    Posted at: 8:11 pm

    Want to enter pharma stocks for short term...which ones can you advise


  14. Mandar Says:
    January 2nd, 2014
    Posted at: 8:12 pm

    Want to add Kalindee Rail for short term...can I enter now?


  15. Hiten Says:
    January 2nd, 2014
    Posted at: 8:13 pm

    other stock on watch monnet moser & lanco


  16. dr sharma Says:
    January 2nd, 2014
    Posted at: 8:54 pm

    hi CB I have three questions

    1) your view on Schneider Electric Infrastructure Ltd

    2)How to see swing calls?

    3)Is chart ink your site?

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