Quotes with Resistance & Support
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Intraday calls for 05-01-11

Posted on: January 5th, 2011 at 8:23 am

Markets likely to open slightly lower, Support for Nifty is at 6100 and Resistance at 6180

Buy Cairn buy on dips. with SL near at 336

1.45pm – to hedge longs enter a 6100 put at 94

Nifty Index/Future Live Chart with RSI and MACD – Click to view

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625 Responses

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Comment pages: 181920212223242526Show all

  1. THAVVA Says:
    January 5th, 2011
    Posted at: 12:11 pm

    Is GAIL reached its high of 525? shall i sell my stocks now or is there any chance to still go up?


  2. indhu Says:
    January 5th, 2011
    Posted at: 12:11 pm

    hi cb

    i am having 25 shares onmglo at cmp what is the target for short term


  3. ganesh Says:
    January 5th, 2011
    Posted at: 12:12 pm

    Hi CB, Thanks


  4. CB Says:
    January 5th, 2011
    Posted at: 12:13 pm

    Hi THAVVA, yes, hold it. book partial for now

    Hi indhu, looks good. can head upto 330. hold it

    Hi ganesh, most welcome.


  5. anoop Says:
    January 5th, 2011
    Posted at: 12:13 pm

    BUY FAME INDIA..CMP 87.30..TARGET 91..SL 84


  6. abhi Says:
    January 5th, 2011
    Posted at: 12:14 pm

    Hi CB, Can enter in se invest for 1 month?target plz or wait for dip to enter?


  7. cnbc Says:
    January 5th, 2011
    Posted at: 12:15 pm

    Hi THAVVA,
    in normal condition it should touch 527.30, but nifty is in red, so if in profit book it.


  8. rashid Says:
    January 5th, 2011
    Posted at: 12:15 pm

    may i exit long in nifty for now,with minor loss


  9. Raj Gupta Says:
    January 5th, 2011
    Posted at: 12:15 pm

    sir what should i do with petronet it is going down CMP is 124 and i bought at 127 in huge quantity ? i am in big loss please suggest if it can go more down so i should exit or hold ?


  10. CB Says:
    January 5th, 2011
    Posted at: 12:15 pm

    Hi abhi, no, dont enter it yet. enter on dips near 30-31


  11. CB Says:
    January 5th, 2011
    Posted at: 12:17 pm

    Hi rashid, hold with sl at 6090 for now

    Hi Raj Gupta, yes, it has been facing resistance at 129-130 levels. for now hold it. on a bounce of 2-3rs , exit and enter again above 132

    Hi Ganga, yes. in small quantity


  12. Nall's Says:
    January 5th, 2011
    Posted at: 12:17 pm

    Pls cover U r shorts before second half...!!!!


  13. rashid Says:
    January 5th, 2011
    Posted at: 12:18 pm

    stoploss to follow is 6090 or 6060


  14. CB Says:
    January 5th, 2011
    Posted at: 12:18 pm

    Hi rashid, 6080


  15. cnbc Says:
    January 5th, 2011
    Posted at: 12:18 pm

    PARIS, Jan 5 (Reuters) - European stocks were seen retreating on Wednesday, losing ground for the first time this year, as heavyweight resource-related shares feel the pinch of a sell-off in commodity prices.


  16. jit Says:
    January 5th, 2011
    Posted at: 12:20 pm

    may i buy nifty

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