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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Comment pages: 456789101112Show all

  1. CB Says:
    January 17th, 2012
    Posted at: 9:28 am

    Hi viji, Good morning. can test 346 . don't see any news on it yet

    Hi vijay, continue to hold long. keep sl at 690 for long


  2. Nall's Says:
    January 17th, 2012
    Posted at: 9:31 am

    Goodmorning CB
    May i exit tataglobal now or wait for our target...please guide me
    chambal pe bought at 3/- 80 ca at 2/- tnx lot


  3. CB Says:
    January 17th, 2012
    Posted at: 9:32 am

    Hi Nall's, Good morning. hold it. can see 102. chambal does look weak. can test 78.50


  4. MM Says:
    January 17th, 2012
    Posted at: 9:32 am

    THANKS CB SIR


  5. Achauhan Says:
    January 17th, 2012
    Posted at: 9:32 am

    HI CB, shud i hold dlf or exit with profit?? Thnaks.


  6. SS Says:
    January 17th, 2012
    Posted at: 9:35 am

    Hi CB,
    Time to short Bharti @ 345 ?


  7. vijendra Says:
    January 17th, 2012
    Posted at: 9:35 am

    Hi CB,

    Where can nifty test long today?


  8. CB Says:
    January 17th, 2012
    Posted at: 9:35 am

    Hi MM, most welcome

    Hi Achauhan, book near 199 for now. has resistance at 200-202 levels.


  9. BABU Says:
    January 17th, 2012
    Posted at: 9:36 am

    i cb good morning can i buy sterlite industries for short term


  10. CB Says:
    January 17th, 2012
    Posted at: 9:36 am

    Hi SS, not yet.

    Hi vijendra, can test 4950


  11. nv Says:
    January 17th, 2012
    Posted at: 9:36 am

    Is market factoring in any rate cut by the RBI in its monetary policy meeting on Jan 24 ?


  12. CB Says:
    January 17th, 2012
    Posted at: 9:37 am

    Hi BABU, Good morning. enter in small quantity for now

    Hi nv, yes. seems so.


  13. raja Says:
    January 17th, 2012
    Posted at: 9:38 am

    CB sir, what about IFCI today? Is it go above 26.50 levels. I am holding 25 CE, pls advise?


  14. shiva Says:
    January 17th, 2012
    Posted at: 9:38 am

    resistance for lovable?


  15. CB Says:
    January 17th, 2012
    Posted at: 9:38 am

    Hi raja, yes, can test 26.30


  16. krishna Says:
    January 17th, 2012
    Posted at: 9:39 am

    i have short tata @ 214 january futures..what should i do. cmp@220. Hold it or book loss

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