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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. naveen Says:
    January 18th, 2010
    Posted at: 11:13 am

    HI CB,

    Banks are performing good today, is there any change of breaking 5300 in nifty this week ?

    Where do u see nifty at expiry?


  2. CB Says:
    January 18th, 2010
    Posted at: 11:13 am

    Hi mani, hold it with sl at 5300


  3. raju Says:
    January 18th, 2010
    Posted at: 11:14 am

    Hi CB,

    I have bought hotel leela @52.30 for intraday with SL @51.50 . Please advise


  4. CB Says:
    January 18th, 2010
    Posted at: 11:14 am

    Hi naveen, no, cannot really be sure. would be a tough job.


  5. CB Says:
    January 18th, 2010
    Posted at: 11:14 am

    Hi raju, looks good. hold it for some time..


  6. M@ddy Says:
    January 18th, 2010
    Posted at: 11:15 am

    what will be d target for suzlon for today.????


  7. mani Says:
    January 18th, 2010
    Posted at: 11:16 am

    what is stoploss for sunflag today for intraday ?


  8. serenity Says:
    January 18th, 2010
    Posted at: 11:16 am

    Good morning CB/Kartik. Thanks both of you for NIIT. I made an exit at 193. Now I am just holding thomas cook and sintex for short term. I am not buying HDFC as %age profit is less and I pay heavy brokerage at icici. Please suggest two more stocks which I may buy for short term.


  9. VS Says:
    January 18th, 2010
    Posted at: 11:16 am

    Hi CB/Kartik..your view on GMDC...what can be shorterm to medium term targets for it?


  10. cool duchess Says:
    January 18th, 2010
    Posted at: 11:16 am

    CB - how does NHPC look for 2-3 days? Thanks.


  11. sunil Says:
    January 18th, 2010
    Posted at: 11:17 am

    cb, should i avg my short on nifty shorted at5200


  12. Arasu Says:
    January 18th, 2010
    Posted at: 11:17 am

    Shorted TATAMOTORS FUTURES @ 792... when shd i exit target.. SL pls....


  13. raju Says:
    January 18th, 2010
    Posted at: 11:17 am

    Thanks CB, how much do you expect this to go and when can i exit for hotel leela


  14. sudheer Says:
    January 18th, 2010
    Posted at: 11:18 am

    Hi CB, Why Gammon Infra not able to cross 24.90, is it strong resistance level, please advise its short term target & technicals. Thanks in advance


  15. Narendra Says:
    January 18th, 2010
    Posted at: 11:18 am

    what is the target for JSW Steel today? please advice


  16. friend Says:
    January 18th, 2010
    Posted at: 11:18 am

    hello cb i missed to book profits in niit what to do exit @cmp or place order @193
    thanku

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