Intraday calls for 12-01-11

Quotes with Resistance & Support

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Intraday calls for 12-01-11

Posted on: January 12th, 2011 at 8:35 am

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Markets likely to open higher, Strong support for Nifty at 5680, Resistance at 5860

Buy Shree Ganesh Jewellry at 193, Target: 199, SL 188 (book profits at 199)

1.50pm – buy dlf at 260 target: 266. stoploss: 254 – (book profits at 264)

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591 Responses

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CB Says:
January 12th, 2011
Posted at: 1:58 pm
Hi ASHISH, yes, hold for now. we can expect some more upmove in a day or 2
Ram M Says:
January 12th, 2011
Posted at: 1:58 pm
Thnx CB sir.... Till what level can NIfty & Reliance go on the upside???
Also, at what price Reliance needs to trade on downside from here so that the 1000 Put option price comes back to minimum 21... Sir plz tell...
CB Says:
January 12th, 2011
Posted at: 1:59 pm
Hi Gitanjali, no.. news wont have much negative impact on it yet
Hi Ram M, can test 5880 levels on the upside if global markets remain good.
Kb Says:
January 12th, 2011
Posted at: 1:59 pm
Hi Varun, Dead CAt Bounce :))
ASHISH Says:
January 12th, 2011
Posted at: 2:00 pm
THANKS CB, HOPE THE SCRIPTS CHOSEN ARE TECHNICALLY OK TO HOLD.
CB Says:
January 12th, 2011
Posted at: 2:00 pm
Hi Kb, technically, yes, seems so. possible upto 5850-5880
SAI Says:
January 12th, 2011
Posted at: 2:00 pm
HI CB DLF BOUGHT
Ram M Says:
January 12th, 2011
Posted at: 2:01 pm
Also, at what price Reliance needs to trade on downside from here so that the 1000 Put option price comes back to minimum 21... Sir plz tell...
Kb Says:
January 12th, 2011
Posted at: 2:01 pm
Hi CB, hmm
CB Says:
January 12th, 2011
Posted at: 2:02 pm
Hi ASHISH, yes. they are good
Hi SAI, ok
ARIJIT Says:
January 12th, 2011
Posted at: 2:03 pm
Hi CB,
CAN DLF REACH 275 BY TOMORROW?
CB Says:
January 12th, 2011
Posted at: 2:03 pm
Hi Kb, yes. unless it crosses 5920-5950
CB Says:
January 12th, 2011
Posted at: 2:04 pm
Hi ARIJIT, no, not sure of 275 yet.
CB Says:
January 12th, 2011
Posted at: 2:04 pm
ill be back in 30 min/
Gitanjali Says:
January 12th, 2011
Posted at: 2:05 pm
Hi CB, OK .. can we short ifci ..it is up by 3%/or unitech up by 5+% suzlon up by 7=%..?Thanks a lot.
?
Kb Says:
January 12th, 2011
Posted at: 2:05 pm
Hi ARIJIT, hai boss .. . :)
Hi CB, hmm.. thanks cbb :)