Quotes with Resistance & Support
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Intraday calls for 07-01-12

Posted on: January 7th, 2012 at 10:56 am

Markets likely to open a bit lower. Support for nifty is at 4700 and resistance at 4810.

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125 Responses

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  1. CB Says:
    January 7th, 2012
    Posted at: 8:59 pm

    Hi imran khan, yes. shall continue to hold for now. nifty is facing selling pressure on rise near 4780-4800. lets hold for few more days.


  2. prasath bj Says:
    January 7th, 2012
    Posted at: 9:41 pm

    hi cb can i enter dlf call 190 with stoploss of 193


  3. prasath bj Says:
    January 7th, 2012
    Posted at: 9:42 pm

    hi cbb sorry stoploss 173


  4. imran khan Says:
    January 7th, 2012
    Posted at: 9:49 pm

    Thanks CB, have a nice weekend


  5. arun bj Says:
    January 7th, 2012
    Posted at: 9:55 pm

    hi after correcting 2200 to 1720 level ll it move from monday can i enter hero motor call 1850 and 1800


    hero motor corporation on monday i feell it had good support 1720 levell what is your view on this


  6. Bipin Says:
    January 7th, 2012
    Posted at: 9:57 pm

    Hi Abdullah,CB,Thanks for the info.


  7. Sundar Says:
    January 7th, 2012
    Posted at: 10:02 pm

    Hi CB

    The market is toally unpredicatble now , within 5 mins nifty is going 50 points up and down. It seems trading with Jan Nify PE and CE is more dangerous now.


  8. Sundar Says:
    January 7th, 2012
    Posted at: 10:06 pm

    Hi CB

    If nifty touches 4780 , the 4700 PE will go down below 50 Rs.
    Most of us bought PEs only thinking that euoropean crisis will drag down the market.
    I am bit reluctant to buy a fresh Jan CE calls also.


  9. Bipin Says:
    January 7th, 2012
    Posted at: 10:06 pm

    Hi CB,would like to start SIP in ETF and 2-3 mutual funds which can diversify the investment.Can you suggest some performing mutual funds for a 10 year perspective.


  10. CB Says:
    January 7th, 2012
    Posted at: 10:21 pm

    Hi prasath bj, enter with strict sl at 171

    Hi imran khan, you too have a good weekend

    Hi arun bj, yes, keep sl near 1700

    Hi Sundar, yes. markets have been volatile in a small range. lets see where it breaks out

    Hi Bipin, would advice to go with hdfc top 200, sbi magnum fmcg and a pharma fund. these will give good returns.


  11. Bipin Says:
    January 7th, 2012
    Posted at: 10:29 pm

    Thanks CB.


  12. CB Says:
    January 7th, 2012
    Posted at: 10:40 pm

    Hi Bipin, most welcome.


  13. Rise Says:
    January 7th, 2012
    Posted at: 11:11 pm

    sir where will mmtc n hind copper will halt......?


  14. CB Says:
    January 8th, 2012
    Posted at: 12:17 am

    Hi Rise, no, cannot be sure. since 99% of the shares are held by the govt. it can easily be operated.


  15. Sahil Says:
    January 8th, 2012
    Posted at: 1:05 am

    What about Cipla? Expected to perform good on Monday?


  16. Bull Says:
    January 8th, 2012
    Posted at: 11:45 am

    hi CB
    need your view on my these position.. add more, exit or hold ?
    Sunpharma - 2 puts 480 @ 6.5
    KFA - 2 lot puts @1.8
    Tata mot long 2 lots at 204

    Bharti i shorted yesterday but exited with minimal profit today, repenting for that..
    but want to make sure , to get into right trade from next week.. please advise on above 3 positions , which are add more, exit or hold, and if any other stocks that is in your radar to long/short next week

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