Quotes with Resistance & Support
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Intraday calls for 20-01-10

Posted on: January 20th, 2010 at 8:13 am

Markets likely to see a flat opening. Support for nifty is at 5170 and resistance at 5300.

Buy Gammon India Ltd at 257.40, target: 267. Stoploss: 251

Trade in small quantities.

12.30pm – buy redington at 322.50 target 331. stoploss: 317 (trade in small quantities considering markets uncertainty) – (book profits at 334)

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857 Responses

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  1. suresh Says:
    January 21st, 2010
    Posted at: 8:07 am

    Thanks CB,

    AS YOU SAID YESTERDAY , CAN I EXIT UNITECH 90CE JAN EXPIRY IF THE NIFTY GOES BELOW 5170, OTHERWISE WHAT WILL BE THE TARGET PRICE FOR UNITECH TODAY


  2. RAJA Says:
    January 21st, 2010
    Posted at: 8:07 am

    GOOD MORNING CB SIR,SHALL I HOLD BATA INDIA


  3. CB Says:
    January 21st, 2010
    Posted at: 8:08 am

    Hi Akila, Good morning.. octant is a hold for now.. dont enter samyak yet.. cranes looks weak as of now.. dont enter it yet..


  4. CB Says:
    January 21st, 2010
    Posted at: 8:10 am

    Hi suresh, yes..unitech may open flat today. it can add a rupee if markets recover a bit


    Hi RAJA, Good morning. yes, hold it.


  5. RAJA Says:
    January 21st, 2010
    Posted at: 8:11 am

    THANK U SIR


  6. CB Says:
    January 21st, 2010
    Posted at: 8:18 am

    Hi RAJA, most welcome. if possible avg it on dips.


  7. test Says:
    January 21st, 2010
    Posted at: 8:31 am

    Boss...if strong supportat 5150 what will do nifty short@3365 and 5038..shall isquare off in morning..and renter higher?


  8. CB Says:
    January 21st, 2010
    Posted at: 8:33 am

    Hi test, we need to see if nifty holds onto it or not..for now hold ur shorts.


  9. test Says:
    January 21st, 2010
    Posted at: 8:39 am

    thanks boss...................shall i invest today In MF for the amount redeem at iCICi pru glit?If so one time investement is better or not?
    Hope u rember i exited some shres like NHPC,RPowr,Ibpower,and triveni when snsex at 5038 to change dp..after that it run lot.....................shall ienter today correction.....
    Could u suggest some sound stock one large and two mid cap give good retrns over long term....


  10. CB Says:
    January 21st, 2010
    Posted at: 8:41 am

    Hi test, dont enter them yet..wait for some time..dont invest in icici yet


  11. test Says:
    January 21st, 2010
    Posted at: 8:42 am

    Sorry boss not ICICI ..i sell units @icici glit and plan to invest in growth fund equity..shall iutlise this correction?


  12. CB Says:
    January 21st, 2010
    Posted at: 8:43 am

    Hi test, yes.. do that.


  13. vega Says:
    January 21st, 2010
    Posted at: 8:57 am

    Dear Anwer, even if Kartik not answered my question but u respond...thnx.


  14. ravi Says:
    January 21st, 2010
    Posted at: 9:21 am

    hi cb,
    will the nifty goies to 5175 levels


  15. CB Says:
    January 21st, 2010
    Posted at: 9:23 am

    Hi ravi, not sure yet

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