Quotes with Resistance & Support
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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. suzane Says:
    January 16th, 2010
    Posted at: 9:53 am

    I am Stucked with CanBk and IndianBank from Last 5 days and broker told me to square off on Monday... What to do ?? Any cances for those to move 4-5% Up on monday ?? I found the banking data are good enough.. But US market were weak yesterday... Help me.. What to do ?


  2. shalu Says:
    January 16th, 2010
    Posted at: 9:55 am

    Kartik, can you pls let me know 6 months target for DLF? is it worth holding?I have 200 shares at 397!


  3. RAVI Says:
    January 16th, 2010
    Posted at: 12:26 pm

    i brought exide at 124, its going dn,what shd i do


  4. CB Says:
    January 16th, 2010
    Posted at: 12:51 pm

    Hi vega, just came back

    Hi suzane, yes, we may open lower on monday.. lets see .. Depends on how Asian makets open

    Hi shalu, yes, its a good bet..can see 500..

    Hi RAVI, it has strong support at 114. hold it for short term. its a good bet.


  5. bhuvaneswari Says:
    January 16th, 2010
    Posted at: 1:30 pm

    Hi CB,
    i am holding sintex@293 and IVRCL@294 but both of its come down.
    Can u suggest me when it reach Rs.300 & time frame?


  6. CB Says:
    January 16th, 2010
    Posted at: 1:30 pm

    Hi bhuvaneswari, hold them for short term. as of now they are seeing some profit booking. in short term they can add 10-12%


  7. bhuvaneswari Says:
    January 16th, 2010
    Posted at: 1:31 pm

    sorry holding IVRCL@394


  8. bhuvaneswari Says:
    January 16th, 2010
    Posted at: 1:32 pm

    what is ur view on ICICI? what`s the resistance level for ICICI?


  9. CB Says:
    January 16th, 2010
    Posted at: 2:08 pm

    Hi bhuvaneswari, ok.its a hold. icici looks a bit weak, dont enter it yet. has resistance at 860


  10. MISBA Says:
    January 16th, 2010
    Posted at: 2:47 pm

    HI CB / KARTHIK

    PLEASE ADVISE FOR TULIP, APTECH LTD, RPOWER AND CIPLA


  11. DebaShis Says:
    January 16th, 2010
    Posted at: 2:50 pm

    I have 40 Arvind mills stock bought at 43.30. Should I hold? or get rid off it?


  12. Sampangi Says:
    January 16th, 2010
    Posted at: 2:56 pm

    Hi Cb,

    What is your view on Orchid Chemicals & Bharti Airtel? I took them @199 & 222/- respectively. What is your call for short term say 1 week?

    Thanks


  13. CB Says:
    January 16th, 2010
    Posted at: 3:09 pm

    Hi MISBA, they are a hold for now. Tulip is facing some resistance at 1060. will do well once it manages to cross it.. cipla can see 363

    Hi DebaShis, hold it for short term.will give good returns.

    Hi Sampangi, orchid can see 200. bharti is a hold for little longer.can see 340


  14. ankurpalan Says:
    January 16th, 2010
    Posted at: 3:33 pm

    Hi CB, can u please help me how to calculate a resistance and support for a particular stock


  15. shalu Says:
    January 16th, 2010
    Posted at: 3:35 pm

    Hi Cb, what is your view on Indian Hotels for 6 months? Thanks


  16. Aakash Says:
    January 16th, 2010
    Posted at: 6:22 pm

    Hello CB!
    I used "technicals tool" in ur home page, to knw the technical of bombay dying. It read as 'technicals for 18-01-2010'. Which showed open-531.
    Does it mean that it wil open at 531 on monday or it means that it had opened at 531 on previous trading day ? (ie on friday).

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