Quotes with Resistance & Support
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Intraday calls for 05-01-09

Posted on: January 5th, 2009 at 9:14 am

Markets likely to see a gap up opening.
Buy SREI Infrastructure above 46.20 for a target of 48.50. Stoploss: 45.

If we see profit booking later during the day, short sell: BHEL

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188 Responses

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Comment pages: 34567891011Show all

  1. Nren Says:
    January 5th, 2009
    Posted at: 11:16 am

    Dear CB, Good morning, I m holding Jan future DCB, Petronet and Unitech @ 24, 42 and 49.80 respectively. What should I do?


  2. CB Says:
    January 5th, 2009
    Posted at: 11:20 am

    Hi vipin, Bove 3080-3090 we are headed for an upmove.. Satyam has strong resistance at 180-185 and will see selling at higher levels. Support for Unitech is at 48.. can touch 50-51.. not sure about JP assco.. RNRL could add another 5%


  3. CB Says:
    January 5th, 2009
    Posted at: 11:20 am

    Hi Nren, Hold them for some more time.. we could see 3140 on nifty in a day or 2..


  4. madhu Says:
    January 5th, 2009
    Posted at: 11:21 am

    i bot satyam at 171 for intra......... wat shod i do?


  5. CB Says:
    January 5th, 2009
    Posted at: 11:23 am

    Hi madhu, Satyam is not a buy below 185.. Exit it on rise..


  6. Nren Says:
    January 5th, 2009
    Posted at: 11:24 am

    Thanks CB :)


  7. vipin Says:
    January 5th, 2009
    Posted at: 11:26 am

    Thanks CB


  8. Koti Says:
    January 5th, 2009
    Posted at: 11:26 am

    Hi CB ..Wht is the target for SATYAM


  9. snt Says:
    January 5th, 2009
    Posted at: 11:27 am

    Hi Cb can we enter IDFC and Unitech at current level for today?


  10. madhu Says:
    January 5th, 2009
    Posted at: 11:29 am

    k sir..... came out 4m that......thanx


  11. CB Says:
    January 5th, 2009
    Posted at: 11:33 am

    Hi Nren and Vipin, most welcome..

    Hi Koti, On the upside it has resistance at 180-185.. support is down at 145-150.. no call on it as of now..

    Hi snt, No, don't enter now..

    Hi madhu, ok..


  12. mani Says:
    January 5th, 2009
    Posted at: 11:34 am

    Dear CB, i have bought EDUCOMP 15@ 2655.10.. should i hold..?


  13. snt Says:
    January 5th, 2009
    Posted at: 11:37 am

    Hi Any specific reason for not entering?


  14. CB Says:
    January 5th, 2009
    Posted at: 11:37 am

    Hi mani, hold Educomp for some more time..


  15. CB Says:
    January 5th, 2009
    Posted at: 11:37 am

    Hi snt, they have run up a lot.. profit booking could come in anytime.. so not taking the risk..


  16. mani Says:
    January 5th, 2009
    Posted at: 11:38 am

    Dear CB, can i hold sure..?

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