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Intraday calls for 20-01-10

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

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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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Meghasyam Says:
January 20th, 2010
Posted at: 8:36 am
Good Morning CB,
What would be the near term target for Jindal Steel and Ranbaxy?
jeetu Says:
January 20th, 2010
Posted at: 8:38 am
Hi CB, good morning :)
CB Says:
January 20th, 2010
Posted at: 8:38 am
Hi monty, Good morning.. as of now not sure..maybe in the 5150-5250 range
Hi Kb, yes. would be a risky bet..
Hi bhuvaneswari, you can check that on nseindia.com
Hi Meghasyam, jindal steel looks a bit weak.has strong support at 650. may see a small bounce from here. ranbaxy can see 525.
M.A.SIDDIQ Says:
January 20th, 2010
Posted at: 8:38 am
DEAR SIR,
GOOD MORNIG,I buy on mobile 510@400 how to today market reselt..
S.K. Says:
January 20th, 2010
Posted at: 8:38 am
G.M. CB N ALL.
arun Says:
January 20th, 2010
Posted at: 8:38 am
hi cb, shall i go for hindcopper for intraday?
suzane Says:
January 20th, 2010
Posted at: 8:38 am
hey cb, good morning
Looking at US and asian market what should be the
1. Suport and resistance on nifty
2. Strong stoploss and easy target for IDBI ?? Am in buy position and want to place a sell order as i have to square off today ... Plz give me the best figures u find.
CB Says:
January 20th, 2010
Posted at: 8:39 am
Hi jeetu, Good morning.
CB Says:
January 20th, 2010
Posted at: 8:40 am
Hi M.A.SIDDIQ, markets may remain flat today. hold it
Hi S.K., Good morning.
Hi arun, not sure about it
Hi suzane, support is lower at 5170. idbi has strong support at 131.
ashok Says:
January 20th, 2010
Posted at: 8:40 am
hi cb,
pl your view on abg ship, sasken, gss amerca, i am holding these shares.
Ranjani Says:
January 20th, 2010
Posted at: 8:40 am
GM CB,
Any stock less than 100 rs. on intra day?
Kb Says:
January 20th, 2010
Posted at: 8:41 am
CB, why it is risky?? (TCI)
CB Says:
January 20th, 2010
Posted at: 8:41 am
Hi ashok, as of now they are a hold. keep them for short term. they will do well
Hi Ranjani, no..as of now not sure of any..
CB Says:
January 20th, 2010
Posted at: 8:41 am
Hi Kb, it was up 20% yesterday.. maybe profit booking comes in
nb Says:
January 20th, 2010
Posted at: 8:42 am
Hi CB, Target of Polaris and Andhra Bank for a week or two pls.
shyla Says:
January 20th, 2010
Posted at: 8:42 am
hi cb, good morning