Quotes with Resistance & Support
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Intraday calls for 18-01-11

Posted on: January 18th, 2011 at 8:37 am

Markets likely to open flat, support for Nifty at Strong support for Nifty at 5640, resistance at 5860

Buy Bharat Forge at 350, Target: 358, SL 343

Nifty Index/Future Live Chart with RSI and MACD – Click to view

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675 Responses

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  1. suzane Says:
    January 18th, 2011
    Posted at: 5:54 pm

    CB , at last looking at the premium on nifty i bought EXIDE and ZEEL as BTST to cover my loss ... Whats ur vision will market go in north direction tommorow or i played a wrong bet ??
    Is it wise to pick the stock which has fallen on a bad result and wait for it to recover on next day... Can u plz give me the minimum target in both of them for tommorow ??


  2. shiva Says:
    January 18th, 2011
    Posted at: 5:56 pm

    NIITtech , DCB posted good results... gap up expected tomorrow?


  3. vinay Says:
    January 18th, 2011
    Posted at: 6:01 pm

    hi cb can i hold cairn india bought at 340


  4. CB Says:
    January 18th, 2011
    Posted at: 6:07 pm

    Hi rajashree, its a hold. can see 155-158

    Hi animesh, yes, can see 5770 . hold for now. keep trailing sl of 15-20 points on nifty if opens gap up tomorrow

    Hi Prabhat Singh, can see 130. looks good

    Hi Sunil Rao, yes. overall some weakness . can test 5770 once if global markets are good

    Hi suzane, ok. as of now seems may open a bit higher tomorrow. try and exit these on rise tomorrow. can add 3-4% on some short covering

    Hi shiva, yes, seems so


  5. CB Says:
    January 18th, 2011
    Posted at: 6:08 pm

    Hi vinay, yes, hold it can see 355


  6. vinay Says:
    January 18th, 2011
    Posted at: 6:09 pm

    thank you


  7. CB Says:
    January 18th, 2011
    Posted at: 6:09 pm

    Hi vinay, most welcome.


  8. VBC Says:
    January 18th, 2011
    Posted at: 6:17 pm

    Hi CB bought 6 lots of Nifty Jan 5600 PUT at Rs.33/- where do you see markets will move before expiry shall i hold till expiry or exit tomorrow with losses?


  9. shiva Says:
    January 18th, 2011
    Posted at: 6:22 pm

    whats your view on mindtree tomorrow?


  10. CB Says:
    January 18th, 2011
    Posted at: 6:27 pm

    Hi VBC, technically looks weak and will see selling on rise. possible tests 5770-5800 once if global markets are good. continue to hold the put for now

    Hi shiva, gave a good closing. can see 552-555


  11. Vijayk Says:
    January 18th, 2011
    Posted at: 6:32 pm

    CB...I have carried Bharat Forge...how do you see it tmrw?


  12. paresh doshi Says:
    January 18th, 2011
    Posted at: 7:00 pm

    hi cb,any comments on ceatltd & navin fluorine international?


  13. Venkatagee Says:
    January 18th, 2011
    Posted at: 7:03 pm

    GE CB

    Kotak Mahindra Bank results day after tomorrow

    Can we short tomorrow since margins are expected to be under pressure or wait?


  14. CB Says:
    January 18th, 2011
    Posted at: 7:09 pm

    Hi Vijayk, ok. thats fine. can see 358-360 in a day or 2.

    Hi paresh doshi, don't enter these yet. looking a bit weak

    Hi Venkatagee, would be a bit risky. banks til now have posted good results. lets wait till results are out.


  15. ramsingh Says:
    January 18th, 2011
    Posted at: 7:14 pm

    Hai CB!
    Any change or current view about Shree Ashtavinayaka cine vision.


  16. CB Says:
    January 18th, 2011
    Posted at: 7:14 pm

    Hi ramsingh, not sure about this one.

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