Quotes with Resistance & Support
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Intraday calls for 04-01-16

Posted on: January 4th, 2016 at 8:28 am

Markets likely to open lower. Support for Nifty is at 7880 and resistance at 8000. Bank Nifty has support at 16880 and resistance at 17050.

If markets show recovery later during the day, buy: UCO Bank above 46.

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86 Responses

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  1. CB Says:
    January 4th, 2016
    Posted at: 8:41 am

    Hi SAL, most welcome

    Hi Shiva, yes, lets hold for now. keep trailing sl near 15-16

    Hi Hema D, Good morning. yes, does look good can test 99. exit from idea for now. shall re-enter above 145

    Hi Vignesh, Happy New year!


  2. Mani Says:
    January 4th, 2016
    Posted at: 8:43 am

    Hi CB, pls suggest intraday target for Jindal steel & Bhusan steel pls?


  3. Hema D Says:
    January 4th, 2016
    Posted at: 8:44 am

    Can you please suggest target for idea today where should i exit ?


  4. AJ Says:
    January 4th, 2016
    Posted at: 8:45 am

    Enter IGL or KALINDEE for intraday?


  5. porwal d Says:
    January 4th, 2016
    Posted at: 8:45 am

    good morning and happy new year


  6. CB Says:
    January 4th, 2016
    Posted at: 8:47 am

    Hi porwal d, Good morning. Wish you the same. Happy new year!

    Hi AJ, can add some of kalindee for now. not sure of igl

    Hi Hema D, around 144

    Hi Mani, jindal may remain a bit flat today. bhushan steel too


  7. Prathmesh Says:
    January 4th, 2016
    Posted at: 8:51 am

    Good morning CB sir


  8. CB Says:
    January 4th, 2016
    Posted at: 8:53 am

    Hi Prathmesh, Good morning.


  9. Shani Says:
    January 4th, 2016
    Posted at: 8:55 am

    Hi CB, GM. Pl provide me the update on STAR FUT, SKSMICRO FUT & RELINFRA FUT pl.


  10. CB Says:
    January 4th, 2016
    Posted at: 8:55 am

    Hi Shani, star has resistance at 1320. will do well once manages to cross it. sks can test 520 in coming days. not sure of relinfra. already rallied quite a bit.


  11. Prathmesh Says:
    January 4th, 2016
    Posted at: 9:01 am

    CB sir, what to do in Gabriel? its @ my purchase price of Rs. 97/- will it achieve target you have suggested of Rs. 107 in 22 Jan 2015?


  12. Tom Says:
    January 4th, 2016
    Posted at: 9:03 am

    Hi CB Sir,
    Can i buy pnb ?


  13. sonali Says:
    January 4th, 2016
    Posted at: 9:04 am

    Hi CB!!
    Any targets for Lupin and Petronetlng?? I am on a buy side of Jan futures for Lupin @1859!!

    Thanks


  14. SHAILU Says:
    January 4th, 2016
    Posted at: 9:05 am

    can i nifty future long for intraday? pls tell target & sl for intraday


  15. CB Says:
    January 4th, 2016
    Posted at: 9:06 am

    Hi Prathmesh, lets hold for now. couple of closes above 100 can take it higher

    Hi Tom, not yet. can add few above 122 for med/ long term

    Hi sonali, lupin can add 12-15rs. not sure of enteirng petronet yet.


  16. CB Says:
    January 4th, 2016
    Posted at: 9:06 am

    Hi SHAILU, no, not really sure yet.

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