Quotes with Resistance & Support
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Intraday calls for 04-01-10

Posted on: January 4th, 2010 at 8:14 am

Markets likely to see a flat opening. Resistance for Nifty is at 5220 and support at 5150

Buy Apcotex Industries Ltd at 87.70, target: 90.50. Stoploss: 86
Buy Binani Cement Ltd at 72.25, target: 75.20. Stoploss: 71

1.02pm – buy Edserv Softsystems at 255.20 target: 262. sl 251 – trade in small quantities. – (Book profits at 259.75)

2.44pm – btst – buy Adani Enterprises at 451 target: 470. Stoploss: 441

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724 Responses

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  1. dak Says:
    January 4th, 2010
    Posted at: 8:18 am

    Hi CB - good morning.
    Any major issues to worry about because of the market opening early today ?


  2. shiva Says:
    January 4th, 2010
    Posted at: 8:19 am

    good morning CB,

    can i enter sel manuf at opening ?? can it see good upmove today?? shd i enter 50% or 100% now?? also, what can be its 3 months target?


  3. Kavitha Says:
    January 4th, 2010
    Posted at: 8:19 am

    Hi CB, would like to invest some amount. Is this the right time or should I wait for a fall ? Can you pls. recommend some scrips for the same ( short term investment 1 - 2 months )?


  4. CB Says:
    January 4th, 2010
    Posted at: 8:21 am

    Hi dak, Good morning.. no, dont see any major effect. should do normal as always

    Hi shiva, Good morning. enter 50% now considering markets are at 52wk highs

    Hi Kavitha, invest 50% for now..go with sel manufacturing or gmdc for short/med term.


  5. Kavitha Says:
    January 4th, 2010
    Posted at: 8:22 am

    Thanks CB.

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