Quotes with Resistance & Support
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Intraday calls for 18-01-16

Posted on: January 18th, 2016 at 8:28 am

Markets likely to open slightly lower. Support for Nifty is at 7400 and resistance at 7550. Bank Nifty has resistance at 15400

Sell Apollo tyres if opens flat near 139, target: 134. Stoploss: 142 – (If entering apollo tyres at opening, book profit at 132.50)

12.45pm – Buy BHEL at 142.75, target; 146. Stoploss: 140.50 – (Book profit in BHEL at 146)

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121 Responses

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  1. anmol Says:
    January 18th, 2016
    Posted at: 8:49 am

    Hey cb... Hope you are doing good.. But I am not.. I bought a call for nifty 7700 @102.... Now it has come down to 16rs... Very tensed... What should I do.. Also I bought Cal for pnb 130 @1.45.. Now at.10paisa... Any hope?


  2. palashpriya Says:
    January 18th, 2016
    Posted at: 8:50 am

    Good morning CB, what's your opinion about SBI today? go for short or buy for some bounceback...?


  3. Brahan Says:
    January 18th, 2016
    Posted at: 8:50 am

    Hi CB, bot arvind future @340, any chance to bounce back from this level?


  4. Laksmi Narayanan Says:
    January 18th, 2016
    Posted at: 8:51 am

    Hi CB what is your view on ashok leyland and axis bank


  5. CB Says:
    January 18th, 2016
    Posted at: 8:52 am

    Hi santosh sharan, Good morning. its a hold for now. keep sl near 72

    Hi anmol, Good morning. Oh ok. pnb is in a downtrend. try and exit on any bounce. nifty ce too is out of money call. guess will need to book loss here.


  6. vijay Says:
    January 18th, 2016
    Posted at: 8:53 am

    Good morning sir
    Jk tyre is a buy or sell call for intraday sir


  7. CB Says:
    January 18th, 2016
    Posted at: 8:55 am

    Hi palashpriya, seems it may remain a bit weak. can look to short if opens a bit flat

    Hi Brahan, it has good support at 315. if holds onto it can bounce back. if breaks 315, would advice to hedge with a short in feb series for now

    Hi Laksmi Narayanan, ashok leyland can test 83. axis is looking weak too. can fall further.


  8. Ram Says:
    January 18th, 2016
    Posted at: 8:55 am

    HI CB sir VGM.
    Can I accumulate FCEL from these levels for long term, as well as L&T finance, Please advice


  9. Hema D Says:
    January 18th, 2016
    Posted at: 8:57 am

    Thank you CB.


  10. CB Says:
    January 18th, 2016
    Posted at: 8:58 am

    Hi Ram, good morning. can add fcel on dips near 20. not sure of entering LT fin

    Hi anmol, Ok. around 1 call a day. 10-15k is a good amount to trade with


  11. CB Says:
    January 18th, 2016
    Posted at: 8:58 am

    Hi Hema D, most welcome.


  12. anmol Says:
    January 18th, 2016
    Posted at: 9:02 am

    Ok


  13. CB Says:
    January 18th, 2016
    Posted at: 9:07 am

    Hi Rajasekar, no, not sure of entering these yet.


  14. rahul Says:
    January 18th, 2016
    Posted at: 9:08 am

    hello sir.. i have buy bob @ 132 BTST. will it go above 132 ?


  15. a2b Says:
    January 18th, 2016
    Posted at: 9:09 am

    dear cb tinplate & mrpl tgt for today please


  16. SAL Says:
    January 18th, 2016
    Posted at: 9:09 am

    CAN ongc BE sHORTED

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