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. Suresh Says:
    January 18th, 2010
    Posted at: 10:43 pm

    Thanks Kartik


  2. narayan Says:
    January 18th, 2010
    Posted at: 10:44 pm

    thanx kartik

    goodnight.....c u 2mrrw


  3. Prem Says:
    January 18th, 2010
    Posted at: 11:26 pm

    Hi Karthik,

    In chartNexus ......is it possible to search some which has our expectation like (a stock above 30 DMA )

    Thanks!


  4. Shads Says:
    January 18th, 2010
    Posted at: 11:27 pm

    Good Evening CB/ Karthik1


  5. Kapil Says:
    January 18th, 2010
    Posted at: 11:28 pm

    Hi i'am just 3 days old on the site.. i just tried HDFC today and had a decent return.. 3 daz back i accumulated SEL Manufacturing at 98.7 and its already looking in bullish mode... JUST WANA THANK U FOR IT... GREAT WORK...


  6. chandra Says:
    January 18th, 2010
    Posted at: 11:32 pm

    Hi,

    i bought ushamartin education for 25, pls suggest should i hold this or square off.

    thanks.


  7. S.K. Says:
    January 18th, 2010
    Posted at: 11:35 pm

    HI KATHIK, HOW U SEE CAIRN INDIA FOR 2-3 DAYS PROSPECT BOUGHT AT 292..
    THNX.


  8. tnl Says:
    January 18th, 2010
    Posted at: 11:37 pm

    hi
    i took today SEl manufacturing at 103 and gmrinfra at 68. pls let me know whether i can exit with btst ..targets...


  9. CB Says:
    January 18th, 2010
    Posted at: 11:39 pm

    Hi Suresh, most welcome

    Hi narayan, Good night..

    Hi Prem, no.. you can get that list on our site above global market stats. to get that in chart nexus you will have to buy the paid verison

    Hi Shads, Good evening.

    Hi Kapil, you are always welcome..

    Hi chandra,its a hold for short term. can add 7-10%

    Hi S.K., it moves with crude oil. since price of crude is coming down a bit. it may remain flat.


  10. CB Says:
    January 18th, 2010
    Posted at: 11:40 pm

    Hi tnl, hold onto them. if taken for btst then sel can see 106-107 not sure about gmr..


  11. suzane Says:
    January 18th, 2010
    Posted at: 11:40 pm

    as US markey are closed today with dow jones fut in positive mode... What will u suggest for tommorow market?? Will nifty break 5310... Is it likely ?? Whats ur view on CANBK and INDIANBank after a good show in banknifty today?? Even both the stocks gave good closing
    I have not exited canbk as it was moving in good form .. was that my right decision?? What target u prefer in both ??


  12. santosh Says:
    January 18th, 2010
    Posted at: 11:41 pm

    Hello CB: CAN I BUY jp ASSOCIATE fut for jan at current price as results are good?


  13. CB Says:
    January 18th, 2010
    Posted at: 11:42 pm

    Hi suzane, yes.. markets may continue to remain flat/slightly higher.. yes. banks did see some buying interest back today.. can add another 2-3% tomorrow. hold onto them.


  14. CB Says:
    January 18th, 2010
    Posted at: 11:42 pm

    Hi santosh, yes. it can head upto 170-175.


  15. santosh Says:
    January 18th, 2010
    Posted at: 11:45 pm

    Thanks CB....


  16. vijay Says:
    January 18th, 2010
    Posted at: 11:45 pm

    Can any one tell me regarding GMRINFRA future.....

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