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. Kb Trader Says:
    January 17th, 2012
    Posted at: 9:08 am

    Hi CB, whts up ?


  2. CB Says:
    January 17th, 2012
    Posted at: 9:08 am

    Hi suman, yes, exit 2 lots in puts and enter 2 5000 calls.

    Hi RRT, yes. these look good.


  3. shiva Says:
    January 17th, 2012
    Posted at: 9:09 am

    technical levels for RCF?


  4. CB Says:
    January 17th, 2012
    Posted at: 9:09 am

    Hi Kb Trader, nm. how is all going on ur side.


  5. sachin shukla Says:
    January 17th, 2012
    Posted at: 9:09 am

    Hi CB, hi sir wht u thnk indian market today how it trad


  6. CB Says:
    January 17th, 2012
    Posted at: 9:09 am

    Hi shiva, strong resistance near 72


  7. pravin Says:
    January 17th, 2012
    Posted at: 9:09 am

    hi
    cb sir
    can guide me abt Balrampur chini i have 500 of 41 rs


  8. CB Says:
    January 17th, 2012
    Posted at: 9:10 am

    Hi sachin shukla, can test 4920

    Hi pravin, its a hold. can test 45 in coming days.


  9. suman Says:
    January 17th, 2012
    Posted at: 9:10 am

    cb remaining to lots for holding


  10. RRT Says:
    January 17th, 2012
    Posted at: 9:10 am

    Hi CB, THANKS SIR


  11. CB Says:
    January 17th, 2012
    Posted at: 9:11 am

    Hi suman, shall continue to hold for now

    Hi RRT, most welcome.


  12. sujoy chakraborty Says:
    January 17th, 2012
    Posted at: 9:11 am

    may be opening near 4920-28 nifty future....


  13. CB Says:
    January 17th, 2012
    Posted at: 9:11 am

    Hi sujoy chakraborty, yes.. seems so


  14. Milind Says:
    January 17th, 2012
    Posted at: 9:12 am

    Hi CB,

    Can I enter into Axis bank for the upside movement of 10-15 rs.

    Thanks


  15. Kb Trader Says:
    January 17th, 2012
    Posted at: 9:13 am

    Hi CB, same. . nm . . fed up with flat market.. :PP need to see some action . . :DD


  16. CB Says:
    January 17th, 2012
    Posted at: 9:13 am

    Hi Milind, no, has resistance near 950 levels

    Hi Kb Trader, :) yes..

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