Quotes with Resistance & Support
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Intraday calls for 17-01-12

Posted on: January 17th, 2012 at 8:28 am

Markets likely to open flat. Support for nifty is at 4780 and resistance at 4900.

Buy Tata Global Beverage at 98.50, target: 102.50. Stoploss: 95 – (exit tata global at 97 in intraday, if one can hold for few days, continue to hold. has strong support at 95 levels, likely to test 105 in near term)

12.25pm – buy Axis bank at 956, target: 970. Stoploss: 943 – (Book profit in Axis bank at 969)

1.41pm – sell Ranbaxy at 462.50, target: 453. Stoploss: 469

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421 Responses

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  1. divya Says:
    January 17th, 2012
    Posted at: 1:37 pm

    shall i buy SBI 1850CE


  2. Sara Says:
    January 17th, 2012
    Posted at: 1:37 pm

  3. VINIT Says:
    January 17th, 2012
    Posted at: 1:37 pm

    HI,CB:HOW WILL IDBI PERFORM IN 1 WEEK TIME???????????????????


  4. CB Says:
    January 17th, 2012
    Posted at: 1:38 pm

    Hi Lalith, :) no, not really sure yet. but seems could see some profit booking first

    Hi divya, no, dont enter a call yet

    Hi VINIT, can test 98


  5. Sara Says:
    January 17th, 2012
    Posted at: 1:38 pm

    CB Sir long time


  6. CB Says:
    January 17th, 2012
    Posted at: 1:39 pm

    Hi Gitanjali, most welcome. did not really move as expected. hopefully should recover back from 95-96

    Hi Sara, Good afternoon.. yes, how have you been?


  7. sanzy Says:
    January 17th, 2012
    Posted at: 1:40 pm

    i am holding SBI 1900CE at 23 from morning..should i hold or exit..pls give target for SBI today


  8. CB Says:
    January 17th, 2012
    Posted at: 1:41 pm

    sell Ranbaxy at 462.50, target: 453. Stoploss: 469


  9. Sara Says:
    January 17th, 2012
    Posted at: 1:42 pm

    i am holding last 6 months. please advise i need to wait or quit


  10. sachin shukla Says:
    January 17th, 2012
    Posted at: 1:42 pm

    silver 53228


  11. CB Says:
    January 17th, 2012
    Posted at: 1:42 pm

    Hi sanzy, would advice to book profit near 1855-1860. markets have rallied quite a bit


  12. shrikanth Says:
    January 17th, 2012
    Posted at: 1:42 pm

    hI cb, WHICH ONE TO BUY?

    ANDHRABANK OR CENTRAL BANK OR DENABANK?


  13. CB Says:
    January 17th, 2012
    Posted at: 1:43 pm

    Hi Sara, hold stocks for now. markets do look a bit strong


  14. Sara Says:
    January 17th, 2012
    Posted at: 1:43 pm

    thanks a lot Sir


  15. sanzy Says:
    January 17th, 2012
    Posted at: 1:44 pm

    thanks..
    pls suggest target for Nifty and TataMotors for today...


  16. CB Says:
    January 17th, 2012
    Posted at: 1:44 pm

    Hi shrikanth, would advice to wait for a 3-5% dip to enter these. rallied quite a bit

    Hi Sara, most welcome.

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