Quotes with Resistance & Support
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Intraday calls for 07-01-10

Posted on: January 7th, 2010 at 8:12 am

Markets likely to open flat. Nifty has resistance at 5300 and support is at 5230

Buy GSS America Infotech Ltd at 304.25, target: 314. Stoploss: 300

Trade in small quantities.

12pm- if possible continue to hold Tulip IT and GSS America for 1-2 days. they will give good returns.

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752 Responses

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  1. Akila Says:
    January 7th, 2010
    Posted at: 2:29 pm

    and CB...thanks for your advice against shorting kalpataru... it is still strong..


  2. shiva Says:
    January 7th, 2010
    Posted at: 2:30 pm

    Hi lakshmi, didnt get ur question... is there any other shiva here?


  3. CB Says:
    January 7th, 2010
    Posted at: 2:30 pm

    Hi mohu, not yet

    Hi sudheer, they can add 10%. hold onto them.

    Hi Krishna, no, seems unlikely since nifty is not really recovering. hold it for short term. yesterday fii's bought it.can do well in coming days

    Hi shiva, yes

    Hi lipi, buy in small quantity. andhra can see 120

    Hi chandra, dont enter at cmp.wait for some dip

    Hi shirish, it has resistance at 1120. dont enter it yet


  4. cool duchess Says:
    January 7th, 2010
    Posted at: 2:30 pm

    CB - thanks for the GMDC call. Booked at 165.


  5. laxmi kant Says:
    January 7th, 2010
    Posted at: 2:30 pm

    Hi CB,
    What is the short term view on reliance


  6. Krishna Says:
    January 7th, 2010
    Posted at: 2:31 pm

    Hi CB…Unitech still seem to touch 86 today? Do u see some recovery in the market?


  7. Akash Says:
    January 7th, 2010
    Posted at: 2:32 pm

    Hi CB. Yesterday I sold MRF in loss and today it is up buy 200 Rs. :(

    Shud I sell Thomas cook and buy MRF again. But I'll be able to buy only 9 at this time and not 10 :(

    How abt DB Corp at this level or UCAL Fuel


  8. Krishna Says:
    January 7th, 2010
    Posted at: 2:32 pm

    CB, please ignore my duplicte query ..you replied


  9. CB Says:
    January 7th, 2010
    Posted at: 2:34 pm

    Hi San, not yet

    Hi shiva, its unlikely to

    Hi Akila, it was out in the morning. guess stock has not reacted to it well

    Hi kunal, yes, hold it

    Hi cool duchess, most welcome

    Hi laxmi kant, its a good buy above 1120


  10. San Says:
    January 7th, 2010
    Posted at: 2:34 pm

    Hi CB, can u please tell me about my query in minifty trading ? should I wait for buying ?


  11. Kathiravan Says:
    January 7th, 2010
    Posted at: 2:35 pm

    Hi Cb, I have 1000 laksmi valas bank and 10000 CUB . . . can i sell now . And buy lower level. for Intra day.


  12. CB Says:
    January 7th, 2010
    Posted at: 2:35 pm

    Hi Krishna, ok

    Hi Akash, dont enter other 2 now. wait for some dip..


  13. San Says:
    January 7th, 2010
    Posted at: 2:35 pm

    thanks for reply


  14. lakshmi Says:
    January 7th, 2010
    Posted at: 2:36 pm

    Hi shiva,

    i dont know.. i thot you were the one worried abt ur exposure with FCS software...

    if you are not that person.. sorry


  15. Amritpal Singh Says:
    January 7th, 2010
    Posted at: 2:37 pm

    Hi CB,

    what are the prospects of the following stocks in 6 months horizon:

    Arvind chemicals,
    K SERA SERA productions,
    Lanco industries,
    Siyaram Silks,
    Sagar cements,
    ZICOM elec.

    Thanks,
    Amritpal S.


  16. shiva Says:
    January 7th, 2010
    Posted at: 2:37 pm

    view on KGL?? r markets likely to fall tomorrow

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