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. Vimal Says:
    January 17th, 2012
    Posted at: 2:10 pm

    Hi all, i would like open a trading a/c in zerodha. Any review abt Zerodha


  2. Aman Says:
    January 17th, 2012
    Posted at: 2:16 pm

    Hi CB..
    plz suggest support n resistance for Kennametal..


  3. nilesh Says:
    January 17th, 2012
    Posted at: 2:41 pm

    Hi, Vimal zerodha is good u can open ac. I am trading with them past 8 months.


  4. BADRI Says:
    January 17th, 2012
    Posted at: 2:45 pm

    CB SIR,
    Axis bank was superb call. THANKS A LOT.

    Ranlab on short at 464. Await your advice.


  5. SAI Says:
    January 17th, 2012
    Posted at: 2:47 pm

    HI Traders - For all

    When Y0u Focus oN Proßlem$,
    Y0u wiLL Have m0rE pr0ßLem$ ...

    When Y0u Focu$ oN p0ssißilities ,
    Y0u wiLL HavE m0re 0pporTuniTie$ ¤


  6. Vimal Says:
    January 17th, 2012
    Posted at: 2:55 pm

    Thanks Nilesh


  7. Geetha Says:
    January 17th, 2012
    Posted at: 2:56 pm

    Well Said SAI


  8. VINIT Says:
    January 17th, 2012
    Posted at: 3:04 pm

    THANK CB 4 THE AXIS CALL,IT WAS SIMPLY GREAT..........
    THANK YOU ONCE AGAIN :-)


  9. $tyleIcon Says:
    January 17th, 2012
    Posted at: 3:06 pm

    UK Inflation Falls Sharply as Fuel, Clothes Prices Drop (story developing)
    Dow Futures (Jan 17) 12,494.00 104.00 0.83
    we can see a rally in us today which can lead INDIAN market to 5050 levels in cuming ayz..


  10. AJ Says:
    January 17th, 2012
    Posted at: 3:08 pm

    Holding CAN BK @ 420...its not moved up at all :(


  11. kr Says:
    January 17th, 2012
    Posted at: 3:08 pm

    sir,
    what is the next lvl for nifty


  12. CB Says:
    January 17th, 2012
    Posted at: 3:09 pm

    Hi BADRI, most welcome

    Hi SAI, nice one

    Hi VINIT, most welcome

    Hi $tyleIcon, thanks for the update

    just came online.


  13. CB Says:
    January 17th, 2012
    Posted at: 3:10 pm

    Hi AJ, yes, not really sure why. hold till tomorrow. looks good above 410

    Hi kr, around 5050


  14. ravii Says:
    January 17th, 2012
    Posted at: 3:11 pm

    Hello CB,

    can we see HCL above 430 tomorrow?


  15. SS Says:
    January 17th, 2012
    Posted at: 3:11 pm

    Hi CB,
    Ranbaxy not cracking..hold ?


  16. CB Says:
    January 17th, 2012
    Posted at: 3:12 pm

    Hi ravii, yes, does look good.

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