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Intraday calls for 18-01-10

Posted on: January 18th, 2010 at 8:15 am

Markets likely to see a gap down opening. Nifty has support at 5170 and resistance at 5280.

Sell Torrent Power Ltd at 309.60, target: 299. Stoploss: 314. (dont enter at opening -markets not seeing a weak opening)

If markets see recovery later during the day, buy: Hindustan Organic Chemicals Ltd and OCL India Ltd

3.15pm – btst – buy Eelctrosteel at cmp 53.30 target: 56. Stoploss: 51

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729 Responses

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  1. Ankit Says:
    January 18th, 2010
    Posted at: 8:19 am

    Good Morning CB !


  2. CB Says:
    January 18th, 2010
    Posted at: 8:20 am

    Hi Ankit, Good morning..


  3. bhuvaneswari Says:
    January 18th, 2010
    Posted at: 8:23 am

    hi CB,
    Today target for Gujarat Mineral development corp?


  4. maddy Says:
    January 18th, 2010
    Posted at: 8:24 am

    Hi CB,

    Good Morning

    Could you please tell me the target for Ind swift labs , Thomas cook and andhra bank for today ?


  5. setu shah Says:
    January 18th, 2010
    Posted at: 8:25 am

    good morning sir now i bought bata@ 211x100 share & bharat forge @294x100 share what about it


  6. meghasyam Says:
    January 18th, 2010
    Posted at: 8:25 am

    Good Morning CB,

    What would be the targets for EDSERV, JINDAL STEEL today?


  7. CB Says:
    January 18th, 2010
    Posted at: 8:26 am

    Hi bhuvaneswari, likely to open flat. if markets recover it can see 177

    Hi maddy, Good morning.. they are likely to remain flat today since markets may open weak.


  8. sathya Says:
    January 18th, 2010
    Posted at: 8:27 am

    Good morn. Shorted Axis Bk Jan fut @ 1006 &Shorted TCS Jan fut @ 775. Pl advice for both as next week is F&O closing


  9. maddy Says:
    January 18th, 2010
    Posted at: 8:27 am

    Thanks CB,

    Any intraday calls for today ?


  10. CB Says:
    January 18th, 2010
    Posted at: 8:28 am

    Hi sathya, they may open slightly lower today. for axis if it continues to trade above 1090 for some time, then would advice to exit from it for now and maybe go long on it.

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