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. CB Says:
    January 18th, 2010
    Posted at: 3:24 pm

    Hi shrikanth, yes, enter in small quantity for now. they look good

    Hi tarun, lets square off for now.. US being closed global markets may not do much

    Hi Ravi, likely to open flat it seems

    Hi harry, yes, hold it

    Hi Rajendra, it can add another 5-7rs. hold it

    Hi sanjay, yes.


  2. CB Says:
    January 18th, 2010
    Posted at: 3:24 pm

    Hi rashid, hold it till tomorrow.

    Hi San, most welcome.

    Hi sonia, most welcome.. yes, hold onto them for 1-2 days. will do well

    Hi Sidharth, always welcome..


  3. Ravi Says:
    January 18th, 2010
    Posted at: 3:24 pm

    Thanks CB


  4. CB Says:
    January 18th, 2010
    Posted at: 3:25 pm

    Hi dhrubo, Good bye.. meet up tomorrow..

    Hi Ravi, most welcome.


  5. mayank Says:
    January 18th, 2010
    Posted at: 3:26 pm

    Hi CB,what is your view on tube investment hold or exit


  6. Ravi Says:
    January 18th, 2010
    Posted at: 3:26 pm

    Hello

    I have taken Kouton @ 386 should i hold or should i exit

    Thnks


  7. ruthwik Says:
    January 18th, 2010
    Posted at: 3:26 pm

    ok. thank u CB


  8. Sidharth Says:
    January 18th, 2010
    Posted at: 3:27 pm

    CB, any call for a weeks time....?


  9. jeetu Says:
    January 18th, 2010
    Posted at: 3:28 pm

    Hi CB, bought eleccast thanks
    and take care :)


  10. CB Says:
    January 18th, 2010
    Posted at: 3:29 pm

    Hi mayank, its a hold..

    Hi Ravi, its a hold for short term..

    Hi ruthwik, most welcome

    Hi Sidharth, as of now none..

    Hi jeetu, ok.. tc..


  11. rashid Says:
    January 18th, 2010
    Posted at: 3:30 pm

    sir,
    ifci not moving,any chanc to reach 58 by this week


  12. nvaradhann Says:
    January 18th, 2010
    Posted at: 3:30 pm

    Hi CB Awaiting your response to my querry Exit Price on UCO Bank and Bharat Forge.


  13. CB Says:
    January 18th, 2010
    Posted at: 3:30 pm

    Hi rashid, hold it a little longer..1-2 weeks. will do well


  14. CB Says:
    January 18th, 2010
    Posted at: 3:31 pm

    Hi nvaradhann, bharat forge is a exit around 310 levels.. uco can see 66.


  15. Rajeev Says:
    January 18th, 2010
    Posted at: 3:32 pm

    Hi CB, Tgt for GIC Housing finance in short term?
    Thanks


  16. nvaradhann Says:
    January 18th, 2010
    Posted at: 3:32 pm

    Thanks

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