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Intraday calls for 15-01-10

Posted on: January 15th, 2010 at 8:15 am

Markets likely to see a flat opening. Support for nifty is at 5240 and resistance at 5300.

Buy Bharat Forge Ltd at 297.85, target: 308. Stoploss: 292.

If markets show weakness later during the day, sell: Jindal Steel & Power Ltd

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692 Responses

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  1. CB Says:
    January 17th, 2010
    Posted at: 10:58 pm

    Hi suzane, canbank looks a bit weak after fridays closing..would advice to exit from it for now.. guess the US news will be a non event.. banks have already not been performing since long.. indbank still looks good. hold it, will bounce back if markets are flat/positive..

    Hi smh, hold it for some time..keep sl at 780 (closing basis)


  2. smh Says:
    January 17th, 2010
    Posted at: 11:04 pm

    CB, DONT YU FEEL THE CALL VALUE WILL COME DOWN BY WED OR SO IF I DONT SELL BY THEN & TOMRW MKTS CUD OPEN WEAK CAN I TRADE & TRY TO GET MY COST OR SHOULD WAIT FOR SOME PROFITS


  3. SunilRao Says:
    January 17th, 2010
    Posted at: 11:10 pm

    Sorry to bother you again CB, How does Rcom (long) look for intraday tomorrow or has it already rallied too much?


  4. nithin2009 Says:
    January 17th, 2010
    Posted at: 11:12 pm

    cb..can i invest in four soft,pvp vent,ifb ind,tube,cords cables at cmp..pls advice..


  5. siva Says:
    January 17th, 2010
    Posted at: 11:27 pm

    Dear CB/Karthik,

    how is Karturi Global for 3 months investment? good stock? balrampur chinni and dhampur sugar a buy on dips?


  6. CB Says:
    January 17th, 2010
    Posted at: 11:50 pm

    Hi smh, tomorrow's opening depends more on Asian markets.. if they are flat we will continue to do well. keep sl at 5240 on nifty and continue to hold onto the call.

    Hi SunilRao, it looks good technically. can see some upmove

    Hi nithin2009, no, dont invest now.wait for some dip

    Hi siva,yes, karuturi is a good bet..enter around 21 levels.. dont enter sugar stocks yet


  7. SunilRao Says:
    January 17th, 2010
    Posted at: 11:57 pm

    thx cb and good night.


  8. harry Says:
    January 17th, 2010
    Posted at: 11:59 pm

    what is volume breakouts and flag breakouts


  9. CB Says:
    January 18th, 2010
    Posted at: 12:09 am

    Hi SunilRao, good night..

    Hi harry, they are technical terms. try searching them on wikipedia.. will help understanding better.


  10. raghu Says:
    January 18th, 2010
    Posted at: 1:13 am

    hii CB..
    can i buy subex at current market price???what do u think about short term target of subex limited..


  11. CB Says:
    January 18th, 2010
    Posted at: 7:38 am

    Hi raghu, no, dont enter it yet. it looks weak.


  12. shlok Says:
    January 18th, 2010
    Posted at: 7:47 am

    hi cb what is the downside tgt of acc &jai ass?....thanks.


  13. CB Says:
    January 18th, 2010
    Posted at: 7:50 am

    Hi shlok, acc looks strong. has strong support at 930-940.. jp has strong support at 157


  14. vega Says:
    January 18th, 2010
    Posted at: 7:13 pm

    what about IB real?


  15. shailesh Says:
    January 18th, 2010
    Posted at: 10:52 pm

    hi cb
    i have marksans @ 8 .....wat shoud i do sell it and shift or hold

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