Quotes with Resistance & Support
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Intraday calls for 15-01-09

Posted on: January 15th, 2009 at 9:24 am

Markets likely to see a gap down opening and is expected to be volatile today.
Short sell: Container Corporation of India for a target of 680. Stoploss: 710.

If markets see recovery later during the day, buy: Reliance communication.

Trade in small quantity..

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115 Responses

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  1. serenity Says:
    January 15th, 2009
    Posted at: 12:42 pm

    U mean IFCI & GVK @ cmp?....i had put in bids at lower rates


  2. CB Says:
    January 15th, 2009
    Posted at: 12:51 pm

    Hi RANGA, maybe positive..

    Hi serenity, ya, at cmp... buy in small quantity..


  3. RK Says:
    January 15th, 2009
    Posted at: 12:51 pm

    Hi CB , now i boutgh rcom 50*175 , and Relcap 25*416 , what can be the selling target


  4. Raj Says:
    January 15th, 2009
    Posted at: 12:53 pm

    CB, is 2750 is a resistance or support level for nifty, if we cross 2750 are we going to see some up move ?


  5. CB Says:
    January 15th, 2009
    Posted at: 12:55 pm

    Hi Raj, It will act as small resistance now as it was previous support.. above that an upmove it likely


  6. CB Says:
    January 15th, 2009
    Posted at: 12:55 pm

    Hi RK, Rcom around 180 and relcap around 425..


  7. RK Says:
    January 15th, 2009
    Posted at: 12:56 pm

    at what (nifty) level shall i buy more ?


  8. RANGA Says:
    January 15th, 2009
    Posted at: 12:56 pm

    nifty looks like recovering. but rcf is no moving, why?


  9. ANISH Says:
    January 15th, 2009
    Posted at: 12:59 pm

    Hi CB, Any Thoughts on Pantaloon Retail, what would be a good level to buy the stock for short term. Thanks


  10. Raj Says:
    January 15th, 2009
    Posted at: 1:02 pm

    CB, Nifty showing some recovery but when the europen markets open it will ne low due to U.S markets.. we may again go down right ?


  11. CB Says:
    January 15th, 2009
    Posted at: 1:06 pm

    Hi RK, Dont buy more.. hold stocks u already holding..

    Hi RANGA, hold Rcf..

    Hi ANISH, It is trading at higher valuations and could see more downside if markets correct.. Axis looks good with a sl at 420


  12. CB Says:
    January 15th, 2009
    Posted at: 1:08 pm

    Hi Raj, Yes, chances are.. but they might also show some recovery later.. Dow futures is recovering..


  13. ANISH Says:
    January 15th, 2009
    Posted at: 1:11 pm

    Thanks CB!


  14. RK Says:
    January 15th, 2009
    Posted at: 1:13 pm

    thanks Cb (even if i am loosing sometimes) , i can reduce the loss with your help


  15. CB Says:
    January 15th, 2009
    Posted at: 1:15 pm

    Hi ANISH, most welcome..

    Hi RK, most welcome.. In volatile markets like these where fundamentals not looked at going technical is the best option..


  16. RANGA Says:
    January 15th, 2009
    Posted at: 1:18 pm

    again what happened, it is going down. any news?

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