Quotes with Resistance & Support
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Intraday calls for 12-01-10

Posted on: January 12th, 2010 at 8:16 am

Markets likely to open slightly lower. Support for nifty is at 5220 and resistance at 5300.

If markets show recovery later during the day, buy: Adhunik Metaliks Ltd with a stoploss at 118 and Nocil Ltd with a stoploss at 26.50

12.55pm – Book profits in aban short at 1470

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732 Responses

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Comment pages: 293031323334353637Show all

  1. CB Says:
    January 12th, 2010
    Posted at: 2:11 pm

    Hi sanzy, not yet

    Hi VS, gmdc is a better pic

    Hi Bhuvan, hold onto it for some more time.

    Hi rajan, hold it..technically looks good for short term.


  2. sanzy Says:
    January 12th, 2010
    Posted at: 2:11 pm

    shall i enter IFCI now


  3. CB Says:
    January 12th, 2010
    Posted at: 2:11 pm

    Hi sanzy, wait for some time.


  4. maddy Says:
    January 12th, 2010
    Posted at: 2:12 pm

    Hi CB,

    Shall we hold on to Adhunik . if yes how long ( I can wait upto 4 days for square off)


  5. WILES Says:
    January 12th, 2010
    Posted at: 2:13 pm

    Our market continues to trade weak even though Asian markets closed positive and European markets are trading firm. Sensex is trading at 17462, down 64 points and Nifty is at 5224, down 25 points from the previous close. CNX Midcap index is down 0.41% and BSE Smallcap index is down 0.21%. There is profit booking in real estate and metal space. The market breadth is negative with advances at 511 against declines of 773 on the NSE


  6. Akash Says:
    January 12th, 2010
    Posted at: 2:13 pm

    Hi CB, HMT for intraday target 90. Can I buy?


  7. CB Says:
    January 12th, 2010
    Posted at: 2:13 pm

    Hi maddy, exit from it today itself. markets look a bit weak.


  8. ac Says:
    January 12th, 2010
    Posted at: 2:13 pm

    HI CB ... WILL THERE BE MORE DOWNSIDE.. OR SHALL WE EXIT NIFTY SHORTS BOUGHT AT 5000


  9. CB Says:
    January 12th, 2010
    Posted at: 2:14 pm

    Hi Akash, not sure about it

    Hi ac, yes, hold onto them.


  10. narayan Says:
    January 12th, 2010
    Posted at: 2:14 pm

    hai CB,

    CAN I BUY SEL MANUFRNG....ATCMP


  11. CB Says:
    January 12th, 2010
    Posted at: 2:15 pm

    Hi narayan, in small quantity


  12. Anagna Says:
    January 12th, 2010
    Posted at: 2:15 pm

    Hi CB, Your view on ICICI Bank plzz


  13. tnl Says:
    January 12th, 2010
    Posted at: 2:15 pm

    Hi CB sir, can i take RIL 1140 cal now ..RIL cmp is 1086.
    also, im holding LnT..
    ur views on these stocks pls..


  14. shs Says:
    January 12th, 2010
    Posted at: 2:16 pm

    sir,
    i have hcc at 159/- of 30 share
    st.loss for today and target.
    i buy intraday only what i will do.. 156.10. now...


  15. sanzy Says:
    January 12th, 2010
    Posted at: 2:16 pm

    shall i buy 5300 CE now...


  16. CB Says:
    January 12th, 2010
    Posted at: 2:16 pm

    Hi Anagna, it looks a bit weak. dont enter it yet

    Hi tnl, no. it has storng resistance at 1100-1120; LT is a hold.

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