Quotes with Resistance & Support
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Intraday calls for 07-01-09

Posted on: January 7th, 2009 at 9:19 am

Buy Praj Industries at 69.30, target: 72.50. Stoploss: 68.
Buy BEML at 391, target: 405. Stoploss: 387

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145 Responses

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  1. CB Says:
    January 7th, 2009
    Posted at: 11:58 am

    Hi ROHIT, its down at 2850-2860.

    Hi Ranga, Overall selling is being seen.. hold it for short term..


  2. CB Says:
    January 7th, 2009
    Posted at: 11:58 am

    Hi snt, lanco infra would do well if markets recover..


  3. pramodjain Says:
    January 7th, 2009
    Posted at: 12:07 pm

    CAN I BUY SATYAM


  4. serenity Says:
    January 7th, 2009
    Posted at: 12:08 pm

    hi CB, wot about buying suzlon now ?


  5. CB Says:
    January 7th, 2009
    Posted at: 12:09 pm

    Hi pramodjain, It would be a very high risk call as selling would continue. maybe a smal techncial bounce.. and it could go back to 80. trade with a strict sl


  6. CB Says:
    January 7th, 2009
    Posted at: 12:09 pm

    Hi serenity, not a buy as of now.


  7. ROHIT Says:
    January 7th, 2009
    Posted at: 12:12 pm

    cb what you say that will hold all positions,i.e,nifty relcapital or sell


  8. CB Says:
    January 7th, 2009
    Posted at: 12:14 pm

    Hi ROHIT, Keep a trailing sl of 580 on relcap. next from Nifty


  9. ROHIT Says:
    January 7th, 2009
    Posted at: 12:17 pm

    cb what are the levels to be watched on nifty now?


  10. rajnish Says:
    January 7th, 2009
    Posted at: 12:17 pm

    sir can we buy satyam in bulk for 2-3 month


  11. CB Says:
    January 7th, 2009
    Posted at: 12:18 pm

    Hi ROHIT, 2830-2860. this is from where the rally started. its an important level to watch


  12. CB Says:
    January 7th, 2009
    Posted at: 12:18 pm

    Hi rajnish, no.. Please stay away from it. its a intraday gamble as of now.


  13. aneel Says:
    January 7th, 2009
    Posted at: 12:23 pm

    CB, Will the market recover in a week time.
    I am in 22K loss in intraday.
    Shall i take delivery or book loss.


  14. CB Says:
    January 7th, 2009
    Posted at: 12:26 pm

    Hi aneel, Tough call.. All sl are being trigged as of now.. margin selling.. If you could hold them for short/med term it would be fine.. else exit today..


  15. aryan Says:
    January 7th, 2009
    Posted at: 12:37 pm

    hi CB.,

    Would market recover from todays low else is there any down trend in nifty for today
    kindly, suggest me.


  16. CB Says:
    January 7th, 2009
    Posted at: 12:40 pm

    Hi aryan, Some technical bounce could be seen later today.. Overall sentiment is negative as of now

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