Quotes with Resistance & Support
Market Information

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. suhas Says:
    January 20th, 2010
    Posted at: 8:15 am

    GM CB.

    I saw the Dubai Crises.Is itgoing to affect the market today? Can we expect any huge crash in market today? If so which sector is going to affect more?


  2. CB Says:
    January 20th, 2010
    Posted at: 8:16 am

    Hi suhas, yes, it seems so. lets see.


  3. venkat Says:
    January 20th, 2010
    Posted at: 8:18 am

    Hi CB. Good morning. i have 100 shares of kotak bank bought at 868. what target can u give for that stock today.


  4. pankaj Says:
    January 20th, 2010
    Posted at: 8:19 am

    hi,good morning,I want to sgx nifty on ur site,real time,help me.


  5. CB Says:
    January 20th, 2010
    Posted at: 8:20 am

    Hi venkat, Good morning. technically it looks good. can head upto can head upto 880-890. hold it.


  6. CB Says:
    January 20th, 2010
    Posted at: 8:21 am

    Hi pankaj, Good morning.. sure.. shall look into it..


  7. sathya Says:
    January 20th, 2010
    Posted at: 8:22 am

    Good morn. Shorted Jan Fut:1.Axis Bk-1006
    2.TCS-775

    Pl advice for both to hold or book or swtch to Feb fut


  8. Kb Says:
    January 20th, 2010
    Posted at: 8:23 am

    Thank you CB.


  9. CB Says:
    January 20th, 2010
    Posted at: 8:23 am

    Hi C B T, yes, may remain weak.. Asia is trading lower.

    Hi sathya, Good morning. yes, roll them over..


  10. CB Says:
    January 20th, 2010
    Posted at: 8:24 am

    Hi Kb, most welcome.

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