Quotes with Resistance & Support
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Intraday calls for 16-01-15

Posted on: January 16th, 2015 at 8:26 am

Markets likely to open slightly higher. Support for nifty is at 8400 and resistance at 8520.

Buy HeidelbergCement India above 86.30, target: 89. Stoploss: 84.50.

10.36am – Buy Voltas at 256, target: 264. Stoploss: 252 – (Exit from Voltas at 255.50)


Thought for the day: “The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell.” – John Templeton

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312 Responses

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  1. Raj Says:
    January 16th, 2015
    Posted at: 8:52 am

    Can i buy ultra tech cement today?


  2. CB Says:
    January 16th, 2015
    Posted at: 8:53 am

    Hi subin, Good morning.. thanks. can test 108

    Hi krish0001, most welcome.


  3. CB Says:
    January 16th, 2015
    Posted at: 8:53 am

    Hi ranga, its a hold for short/ med term. may not do much as markets are going strong and its a defensive bet. dont add more yet. crompton is a hold. above 193 can test 202

    Hi Raj, no, not sure. rallied quite a bit yesterday


  4. JEYA Says:
    January 16th, 2015
    Posted at: 8:57 am

    CAN I BUY JP POWER AND SINTEX FOR INTRADAY? Pls. GIVE TARGET AND SL.


  5. ranga Says:
    January 16th, 2015
    Posted at: 8:58 am

    thanks guru, will hold all then....


  6. mrp Says:
    January 16th, 2015
    Posted at: 8:58 am

    HI CB , Bot IDEA @150.5 as BTST . any chance to rise at morning ? then only i can enter to Heidelberg Cement.. Tq


  7. CB Says:
    January 16th, 2015
    Posted at: 8:59 am

    Hi JEYA, no, dont enter these yet

    Hi ranga, most welcome

    Hi mrp, seems can test 152.


  8. Shriya Says:
    January 16th, 2015
    Posted at: 8:59 am

    CB your opinion on,

    L&TFH holding @72
    when will it touches to 80..

    is it right time to enter jain errigation at CMP for target of 80..


  9. CB Says:
    January 16th, 2015
    Posted at: 9:00 am

    Hi Shriya, its a hold for 1-2 months time frame. is a good bet. will bounce back. dont enter jain irr yet. is near resistance of 72


  10. ruchit Says:
    January 16th, 2015
    Posted at: 9:01 am

    GM!
    can i buy idfc for intraday?
    also is it good investment for long term?


  11. rajasekar Says:
    January 16th, 2015
    Posted at: 9:01 am

    Hi CB, GM sir, what is your view on this i m holding

    Yesbank 760PE@13
    PFC 260PE @4

    can i holding till expiry or exit


  12. CB Says:
    January 16th, 2015
    Posted at: 9:02 am

    Hi ruchit, Good morning. yes. can add on dips near 165-166

    Hi rajasekar, Good morning. would advice to exit from these for now. look strong.


  13. Karan Sharma Says:
    January 16th, 2015
    Posted at: 9:02 am

    Hi CB,

    Can i sell IFCI (Futures) @ CMP?


  14. CB Says:
    January 16th, 2015
    Posted at: 9:03 am

    Hi Karan Sharma, no, not yet.


  15. AJAXX Says:
    January 16th, 2015
    Posted at: 9:04 am

    Hi CB,
    Sir Holding M&M 10 qty at 1262 .... bought for swing ... should i book or it can move above 1300


  16. CB Says:
    January 16th, 2015
    Posted at: 9:04 am

    Hi AJAXX, its a hold for short term. can test 1300

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