Quotes with Resistance & Support
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Intraday calls for 04-01-12

Posted on: January 4th, 2012 at 8:26 am

Markets likely to open flat, Resistance at 4820 and support at 4700

Buy Tata steel at 361, target: 368, SL 355

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382 Responses

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Comment pages: 5678910111213Show all

  1. SAI Says:
    January 4th, 2012
    Posted at: 10:38 am

    HI CB GOOD MORNING. HOW ABT ICICI BANK LOOKING TODAY


  2. CB Says:
    January 4th, 2012
    Posted at: 10:39 am

    Hi SAI, it has some resistance at 750. above this can add more.


  3. SriOptions Says:
    January 4th, 2012
    Posted at: 10:39 am

    Hi cb I am holding the 4600 pe what to do


  4. Vinu Says:
    January 4th, 2012
    Posted at: 10:41 am

    Hi CB.......i m holding Tatamotors 200CE at 6......shall i hold or book? Thank you


  5. CB Says:
    January 4th, 2012
    Posted at: 10:41 am

    Hi raj, its still in a strong uptrend. has good support at 395-400. would advice to hold it for some more time.


  6. Akash Says:
    January 4th, 2012
    Posted at: 10:41 am

    Hi CB, MMTC became almost double in very less time. I was expecting that it will see 250-300 level but from 450 level, it is near 750 now in 2-3 days :( Will it see 6000+ level in long term>


  7. CB Says:
    January 4th, 2012
    Posted at: 10:41 am

    Hi SriOptions, hold for now. keep sl near 4800

    Hi Vinu, yes, book near 200 for now. has resistance at 202-205


  8. CB Says:
    January 4th, 2012
    Posted at: 10:42 am

    Hi Akash, hmm.


  9. shiva Says:
    January 4th, 2012
    Posted at: 10:43 am

    exit RCF at 1 re profit or wait for 55?


  10. ani Says:
    January 4th, 2012
    Posted at: 10:44 am

    Hi CB,


    sir purchased 1 lot of tata steel 380CE @9.70....please suggest at wat price shld is ell n sl...


  11. CB Says:
    January 4th, 2012
    Posted at: 10:45 am

    Hi shiva, hold for now

    Hi ani, it can test 370. hold it


  12. SS Says:
    January 4th, 2012
    Posted at: 10:45 am

    Hi CB,
    GM, Any chance of Cairn / SBI coming down ? holding short fut. If yes, where to cover ?


  13. Akash Says:
    January 4th, 2012
    Posted at: 10:46 am

    Hi CB, I beloieve that if the FV of a stock is not 10, then it is not worth buying as stock split put termination of the stock growth. So to me, MMTC shud be around 300 level for many years at least. Right? I had GMDC which got split and then for a long time (3+ years) it was below 150 and now only it is near 180-190. Will it see 1500 level ever?


  14. ani Says:
    January 4th, 2012
    Posted at: 10:46 am

    Hi CB,


    thnks sir....SL....


  15. CB Says:
    January 4th, 2012
    Posted at: 10:46 am

    Hi SS, cairn is at strong resistance of 330. can expect some bounce from here. sbi may add another 20-25 points if markets support. hedge it with a 4900 call


  16. CB Says:
    January 4th, 2012
    Posted at: 10:47 am

    Hi Akash, ya. cannot be sure. depends on how companies performs

    Hi ani, most welcome. sl near 358

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