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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Comment pages: 2345678910Show all

  1. GM Says:
    January 15th, 2010
    Posted at: 8:55 am

    Hello everybody... good morning

    Hello CB boss

    I have punjj lloyd with avg cost of 250. Shud I book loss now.

    Thanks


  2. JUSTTIPS Says:
    January 15th, 2010
    Posted at: 8:55 am

    HI ALL BUY PUNJLLOYD TARGET MAY BE 240


  3. CB Says:
    January 15th, 2010
    Posted at: 8:55 am

    Hi krunal veni, Good morning.. thinksoft can add 10-12rs.. harrison can see 144


  4. ishan Says:
    January 15th, 2010
    Posted at: 8:56 am

    Gd Morning CB
    how will markets behave today?


  5. CB Says:
    January 15th, 2010
    Posted at: 8:56 am

    Hi jeetu, good morning

    Hi Kb, punj is seeing good buying interest. IT has rallied quite a bit and will dollar continuing to fall they may not do well

    Hi GM, Good morning. no, continue to hold onto it.likely to do well from here.

    Hi JUSTTIPS, thanks.


  6. Kranthi Says:
    January 15th, 2010
    Posted at: 8:56 am

    CB Sir,
    Missed my Query.

    Bought 50 shares of Alchemist yesterday @ 180. (CMP = 174)
    Can I hold it for a week or should I sell in today’s rally. Any idea on the Q3 results of this company ?


  7. star trader Says:
    January 15th, 2010
    Posted at: 8:57 am

    good morning CB

    i have shorted nifty jan series@ 5150 level. pl advice


  8. CB Says:
    January 15th, 2010
    Posted at: 8:57 am

    Hi ishan, Likely to remain flat it seems

    Hi Kranthi, hold it..it looks good techncially. can add some more. no, not sure of the q3 results.


  9. nitin Says:
    January 15th, 2010
    Posted at: 8:57 am

    gm cb, i have bought fut. 1 lot of alstom project@595. 2lots of sbi @2240 kindly say what to be done. At present both are down. Give me near term target.


  10. sathya Says:
    January 15th, 2010
    Posted at: 8:58 am

    Shorted Axis Bk Jan Fut @1006 & TCS Fut @775. Pl advice


  11. Kb Says:
    January 15th, 2010
    Posted at: 8:58 am

    thanks, CB


  12. rajan1961 Says:
    January 15th, 2010
    Posted at: 8:59 am

    CB, Is there any chance of IFCI recovering in next few days? got stuck with that in 2 lots. :(


  13. CB Says:
    January 15th, 2010
    Posted at: 8:59 am

    Hi star trader, hold it for now. if possible avg it around 5300 levels.

    Hi nitin, as of now hold them. sbi could see some bounce after the recent fall. alstom can head upto 610


  14. sharad Says:
    January 15th, 2010
    Posted at: 8:59 am

    CB..any news on HFCL? why rockin from last 2-3 days?


  15. CB Says:
    January 15th, 2010
    Posted at: 9:02 am

    Hi sathya, hold them. axis looks a bit strong if it manages to cross 1070. keep sl at 1070 for now.

    Hi Kb, most welcome

    Hi rajan1961, Yes. hold it for some. should see some upmove in a weeks time

    Hi sharad, no, not sure of any news on it


  16. Hiren Joshi Says:
    January 15th, 2010
    Posted at: 9:03 am

    what about renuka sugar and Punj lloyd. can i hold for some time?

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