Quotes with Resistance & Support
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Intraday calls for 09-01-12

Posted on: January 9th, 2012 at 8:23 am

Markets likely to open flat. Support for nifty is at 4690 and resistance at 4785

Buy Shipping Corporation of India at 53.85, target: 56. Stoploss: 52.20.
Buy BHEL at 249-251, target: 258. Stoploss: 246 – (book profit at 256)

1.14pm – buy HDIL at 58, target: 62. Stoploss: 56 (1-2 day hold)

For a technical view on Nifty, DLF, Infosys, UTV Software & Delta corp, click here.

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395 Responses

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  1. wajeed Says:
    January 9th, 2012
    Posted at: 8:35 am

    Hi CB/Karthik, good morning can i enter in mmtc for intraday today pls suggest thanks.


  2. gaps Says:
    January 9th, 2012
    Posted at: 8:37 am

    Hi CB/Kartik, GM, how is gail and mangalore chemicals for intraday?


  3. CB Says:
    January 9th, 2012
    Posted at: 8:40 am

    Hi wajeed, Good morning. its rallied quite a bit.dont enter it now

    Hi gaps, Good morning. gail can add 5-6rs. keep sl near 377. mangalore can test 41


  4. gaurav Says:
    January 9th, 2012
    Posted at: 8:42 am

    Hi CB, good morning!
    holding Nifty short @4721...please suggest on what to do.


  5. Pralay Says:
    January 9th, 2012
    Posted at: 8:43 am

    Hi CB .. right now I'm holding JPA Jan Fut @54.50/- .. shall I wait for couple of days or should I exit today?


  6. Jagdish Says:
    January 9th, 2012
    Posted at: 8:43 am

    Hi CB/Kartik, Goodmorning


  7. CB Says:
    January 9th, 2012
    Posted at: 8:45 am

    Hi gaurav, Good morning. as of now would advice to hedge it with a 4800 call

    Hi Pralay, yes, hold for 1-2 days. keep sl at 51

    Hi Jagdish, Good morning.


  8. vinod Says:
    January 9th, 2012
    Posted at: 8:49 am

    hi cb good morning, sir should i continue to hold GVK or shift to piramal life science


  9. CB Says:
    January 9th, 2012
    Posted at: 8:50 am

    Hi vinod, Good morning. continue to hold it for now. above 12.85 can head upto 14.


  10. vinod Says:
    January 9th, 2012
    Posted at: 8:51 am

    ok CB thanks for your valuable advice. have a good day.


  11. CB Says:
    January 9th, 2012
    Posted at: 8:51 am

    Hi vinod, most welcome.. You too have a good day


  12. Rise Says:
    January 9th, 2012
    Posted at: 8:54 am

    sir ongc n infosys can b entered at wat price ?

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