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. Sidharth Says:
    January 4th, 2010
    Posted at: 12:01 pm

    Andhra bank not moving anywhere.....was jst holding it for 2 3 dys....what do u suggest,....


  2. CB Says:
    January 4th, 2010
    Posted at: 12:02 pm

    Hi Pranav.M, around 763

    Hi ARIJIT DAS, hold it for short term. can add 5%


  3. CB Says:
    January 4th, 2010
    Posted at: 12:03 pm

    Hi Sidharth, yes, keep it for some more time. banks may see some action after the rbi meet.


  4. nitesh Says:
    January 4th, 2010
    Posted at: 12:03 pm

    hi cb happy new year to you and kartik jiany idea about twl can it touch 520 in this week??


  5. logesh Says:
    January 4th, 2010
    Posted at: 12:03 pm

    dear Cb,
    I have cipla bought at 298 now @333, 3iinfo bought@ 78 now at 85,xl telecom bought @29,PNB gilts bought @ 30,EKC bought @152,escorts @124 , core projects @210 . Can i hold them for some more time or shall i book profits?Pls. Advise


  6. CB Says:
    January 4th, 2010
    Posted at: 12:03 pm

    Hi nitesh, Happy new year.. it can see 500-520 by budget.


  7. [email protected] Says:
    January 4th, 2010
    Posted at: 12:03 pm

    Hi CB,
    do think it good level to buy cummin at cmp bocz there is no movement & volume.


  8. Krishna Says:
    January 4th, 2010
    Posted at: 12:04 pm

    what is the short term target for Assam Company. I am holding 1000 at 21.45


  9. Lalith Says:
    January 4th, 2010
    Posted at: 12:04 pm

    cb ur yahoo id please ?


  10. Pranav.M Says:
    January 4th, 2010
    Posted at: 12:04 pm

    Hi CB, R u sure EDucomp will touch 763 intraday ?


  11. CB Says:
    January 4th, 2010
    Posted at: 12:04 pm

    Hi logesh, hold onto them for a week more. can see some more upmove. keep trailing sl at 5190


  12. subramanivs Says:
    January 4th, 2010
    Posted at: 12:04 pm

    Thnx CB,

    Hi CB,

    Shall I buy ONGC 1170 put option OR HINDUNILVR 260 put @ current price ?


  13. ARIJIT DAS Says:
    January 4th, 2010
    Posted at: 12:04 pm

    HI CB,
    OK, THANKS A LOY.
    CAN U PLS TELL ME WHEN CAN I ENTER EDSERVE?


  14. Rajesh Says:
    January 4th, 2010
    Posted at: 12:04 pm

    Hi,
    I purchase IFCI at 54.should i hold or sell


  15. seshu Says:
    January 4th, 2010
    Posted at: 12:05 pm

    goodmorning cb can i go long in sbin at present level of 2290?


  16. CB Says:
    January 4th, 2010
    Posted at: 12:06 pm

    Hi Lalith, [email protected]

    Hi [email protected], yes, its a good bet.

    Hi Pranav.M, yes

    Hi subramanivs, no, dont enter puts yet

    Hi ARIJIT DAS, above 253

    Hi Rajesh, its a hold.

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