Quotes with Resistance & Support
Market Information

Intraday calls for 16-01-12

Posted on: January 16th, 2012 at 8:30 am

Markets likely to open a bit lower. Support for nifty is at 4780 and resistance at 4880.

Buy ITC at 206-207, target: 212. Stoploss: 203 – (book profit in itc at 209.50)

Trade in small quantity

10.23am – SL Triggered in LT

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454 Responses

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  1. CB Says:
    January 16th, 2012
    Posted at: 1:52 pm

    Hi Sourabh, keep sl near 870


  2. shiva Says:
    January 16th, 2012
    Posted at: 1:52 pm

    gravita a buy?


  3. subodh Says:
    January 16th, 2012
    Posted at: 1:53 pm

    Hi CB.... ITC showing strong resistence at 209...is it still hold or book profits at 209?


  4. Gitanjali Says:
    January 16th, 2012
    Posted at: 1:53 pm

    Hi CB, Can we begin to accumulate .. Tajgvk and tataglobal..or mcleod ..plz?


  5. CB Says:
    January 16th, 2012
    Posted at: 1:53 pm

    Hi shiva, not sure. its overbought

    Hi subodh, lets hold for now. markets are seeing some upmove


  6. lotus Says:
    January 16th, 2012
    Posted at: 1:53 pm

    THANK U SO MUCH SIR....


  7. CB Says:
    January 16th, 2012
    Posted at: 1:54 pm

    Hi Gitanjali, yes, add in small quantities for now

    Hi lotus, most welcome


  8. CA.Tejas Says:
    January 16th, 2012
    Posted at: 1:55 pm

    Hi CB, Should I buy IDea 75 put at cmp of .25 paisa a lot of 4000 investment would be 1000... n I hope mkt till 26th will definately go down so Idea 75 put will go up atkeat to .80 / ,90 what u sggest should i go for it??


  9. Sourabh Says:
    January 16th, 2012
    Posted at: 1:55 pm

    Thanx CB Sir


  10. $tyleIcon Says:
    January 16th, 2012
    Posted at: 1:56 pm

    Europe recoverd from ayz low we too..
    how much can recover


  11. CB Says:
    January 16th, 2012
    Posted at: 1:56 pm

    Hi Sourabh, most welcome.


  12. shiva Says:
    January 16th, 2012
    Posted at: 1:57 pm

    aptech had resistance at 99 right? above 100 can it add some?


  13. SS Says:
    January 16th, 2012
    Posted at: 1:57 pm

    Hi CB,
    Holding Union Bank short fut in loss. Pls suggest.


  14. CB Says:
    January 16th, 2012
    Posted at: 1:57 pm

    Hi CA.Tejas, no, dont enter its put yet.


  15. CB Says:
    January 16th, 2012
    Posted at: 1:59 pm

    Hi shiva, not really sure yet. stocks from education sector are volatile

    Hi SS, its a hold. looks good.


  16. basu Says:
    January 16th, 2012
    Posted at: 1:59 pm

    cb sir wot ab8 balrampur chini,bought @42

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