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Intraday calls for 17-01-11

Posted on: January 17th, 2011 at 8:29 am

Markets likely to see a flat opening. Support for nifty is at 5630 and resistance at 5700

Buy Hindustan Zinc at 1345-1350, target: 1374. Stoploss: 1330 (Book profits at 1370)

Trade in small quantity.

Nifty Index/Future Live Chart with RSI and MACD – Click to view

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534 Responses

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  1. CB Says:
    January 17th, 2011
    Posted at: 9:07 am

    Hi raghu, Good morning

    Hi Kb, thanks

    Hi sushil maheshwari, has good support at 60. hold it for short term. likely to recover back once markets improve


  2. AJ Says:
    January 17th, 2011
    Posted at: 9:07 am

    How do you see results of LnT today? good time to buy at these levels?


  3. CB Says:
    January 17th, 2011
    Posted at: 9:07 am

    Hi Sourabh, Good morning.


  4. CB Says:
    January 17th, 2011
    Posted at: 9:07 am

    Hi AJ, no, not really sure about it yet


  5. harry Says:
    January 17th, 2011
    Posted at: 9:07 am

    what price can we expect from Nila Infra for 5 years


  6. CB Says:
    January 17th, 2011
    Posted at: 9:09 am

    Hi harry, not sure of 5yrs yet. in a yr or 2 can see 6-7


  7. harry Says:
    January 17th, 2011
    Posted at: 9:11 am

    Because planning to invest 50k


  8. Hi-Bye Says:
    January 17th, 2011
    Posted at: 9:11 am

    good morning is it ok to buy tcs and axis bank for intraday ?


  9. CB Says:
    January 17th, 2011
    Posted at: 9:12 am

    Hi harry, ok. enter 50% now and add more if markets continue to correct in near term

    Hi Hi-Bye, good morning. wait till tcs results are out today. axis is a hold. dont enter yet.


  10. Gitanjali Says:
    January 17th, 2011
    Posted at: 9:13 am

    HI CB , OK ..Thanks .. shall enter ,even if opens gap up today ..
    How is tataglobal looking to day..pl?


  11. CB Says:
    January 17th, 2011
    Posted at: 9:13 am

    Hi Gitanjali, technically its looking weak. don't enter it yet.


  12. askimaski toss Says:
    January 17th, 2011
    Posted at: 9:15 am

    Investors in Asia generally took China's latest move to fight inflation in their stride on Monday, with Japan's Nikkei posting modest gains, while the euro slipped as the market waited to see if governments will beef up a euro zone rescue fund.


  13. Gitanjali Says:
    January 17th, 2011
    Posted at: 9:17 am

    Hi CB, tHANKS A LOT ..SHALL NOT ENTER YET ..
    Best of everything , to everyone here .


  14. askimaski toss Says:
    January 17th, 2011
    Posted at: 9:17 am

    STT SELL MARUTI GIVEN @ 1277.. NOW 1254.. BOOK 50% BTWN 1256-1252


  15. Vivek Shah Says:
    January 17th, 2011
    Posted at: 9:17 am

    Hi CB, my portfolio is losing faster than market how to stop ?? have SCI, A2Z,NMDC, MOIL,PSB,JAICORP etc...


  16. AJ Says:
    January 17th, 2011
    Posted at: 9:17 am

    good to buy REL INFRA in this morning dip for intraday recovery?

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