Quotes with Resistance & Support
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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. Kartik Says:
    January 18th, 2010
    Posted at: 3:00 pm

    Hi Kranthi, the company is not so strong fundamentally, dont enter it yet


  2. Kartik Says:
    January 18th, 2010
    Posted at: 3:01 pm

    Hi prakash, hold them for short term

    Hi anoop, it can add 15% in 2-3 months time


  3. Kartik Says:
    January 18th, 2010
    Posted at: 3:01 pm

    Hi tarun, no, hold them for some more time


  4. dhrubo Says:
    January 18th, 2010
    Posted at: 3:02 pm

    BUY REC at 255-245 Target of 300 in 3 months


  5. abs Says:
    January 18th, 2010
    Posted at: 3:02 pm

    hello cb, please tell abt HDFC closing?


  6. anoop Says:
    January 18th, 2010
    Posted at: 3:02 pm

    Thanks Karthik, also can u tell me targets for HOCL?


  7. dhrubo Says:
    January 18th, 2010
    Posted at: 3:03 pm

    GAIL Q3 profit at Rs860cr (up 240%) and revenues at Rs6187cr (up 6%)


  8. rashid Says:
    January 18th, 2010
    Posted at: 3:05 pm

    may i buy ttml at 29.20


  9. kailash Says:
    January 18th, 2010
    Posted at: 3:05 pm

    Hi CB/Kartik,

    Can i purchase SEL Manufacturing at CMP?

    Thanks,


  10. vishnuteerth Says:
    January 18th, 2010
    Posted at: 3:05 pm

    Karthik,
    I have 2000FCS@ 15.00
    What you suggest , hold till we get bonus shares or book profit?


  11. Rajeev Says:
    January 18th, 2010
    Posted at: 3:05 pm

    Hi Kartik, Target for GIC Housing finance for Short term?
    Thanks


  12. sandeep Says:
    January 18th, 2010
    Posted at: 3:05 pm

    hi karthik.............wats ur view on cmc and jindal steel and power?can we buy them at current price?


  13. Deepak7791 Says:
    January 18th, 2010
    Posted at: 3:05 pm

    Dear Kartik

    Any Idea about Lakshmi Cotton Mills . Down by 7% today. Is it a good stock to enter & hold for 6 months


  14. ac Says:
    January 18th, 2010
    Posted at: 3:06 pm

    Hi Kartik do u think nifty might go down more?... or shall we square of short position in loss


  15. sanjay Says:
    January 18th, 2010
    Posted at: 3:06 pm

    kartik..bharat forge finally movin up..wht level to exit???


  16. Vasanth Says:
    January 18th, 2010
    Posted at: 3:06 pm

    Hi..

    Iam holding DCB 100 @ 39.50 from a long time..Should i hold r exit

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