Quotes with Resistance & Support
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Intraday calls for 12-01-16

Posted on: January 12th, 2016 at 8:30 am

Markets likely to open flat. Support for Nifty is at 7550 (closing basis) and resistance at 7680. Bank Nifty has support at 15800

No pre-market call for today. Continue to hold Om Metals infra. – (Book profit in Om Metals infra at 62.5)

9.46am – Buy TV Today at 344, target: 351. Stoploss: 339 – (If possible continue to hold TvToday. Looks good technically)

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153 Responses

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  1. CB Says:
    January 12th, 2016
    Posted at: 8:56 am

    Hi Ritesh, Good morning. its going a bit weak. avoid fresh entry for now as crude oil too is near 12yr lows.


  2. dr sharma Says:
    January 12th, 2016
    Posted at: 8:57 am

    hi cb sorry to bother you again n again..but 537 as stp? or its 637 ? thanks


  3. CB Says:
    January 12th, 2016
    Posted at: 8:57 am

    Hi dr sharma, sorry! I meant 637


  4. AJ Says:
    January 12th, 2016
    Posted at: 8:58 am

    SKS managed to hold on to 520 levels yesterday....possible levels pls


  5. ANI Says:
    January 12th, 2016
    Posted at: 9:00 am

    Good morning sir
    TODAY target for NALCO?


  6. Prathmesh Says:
    January 12th, 2016
    Posted at: 9:00 am

    Goodmorning CB sir, is this correct level to start accumulate Va Tech Wabag?


  7. CB Says:
    January 12th, 2016
    Posted at: 9:00 am

    Hi AJ, can test 530-532 if markets improve a bit

    Hi ANI, Good morning. seems may remain a bit flat today. has resistance at 41


  8. CB Says:
    January 12th, 2016
    Posted at: 9:01 am

    Hi Prathmesh, Good morning. not yet. is going a bit weak


  9. ABHI Says:
    January 12th, 2016
    Posted at: 9:01 am

    hi cb
    Please tell me target for RMCL?


  10. CB Says:
    January 12th, 2016
    Posted at: 9:02 am

    Hi ABHI, its facing resistance at 24 levels. may remain a bit flat today. has support at 22.


  11. Prathmesh Says:
    January 12th, 2016
    Posted at: 9:03 am

    ok sir, please guide @ what level should I enter in Va tech Wabag and Cummins?


  12. Rajasekar Says:
    January 12th, 2016
    Posted at: 9:03 am

    Hi CB, what u r openion on BPCL 880PE&Sunpharma 820ce&tatamotor 360ce&axis bank 430ce


  13. SAL Says:
    January 12th, 2016
    Posted at: 9:03 am

    CB ,Cipla can it be shorted


  14. CB Says:
    January 12th, 2016
    Posted at: 9:05 am

    Hi Prathmesh, no buy call in these yet. are looking weak. can fall further

    Hi SAL, yes, can look to short on a 4-5rs bounce. sl at 622

    Hi Rajasekar, bpcl can see an upmove from here. dont enter others yet.


  15. Prathmesh Says:
    January 12th, 2016
    Posted at: 9:07 am

    ok thnx sir


  16. CB Says:
    January 12th, 2016
    Posted at: 9:07 am

    Hi Prathmesh, most welcome.

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