Intraday calls for 20-01-10
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)
SMS Alerts, no more page refreshes required
857 Responses
{ ADD YOUR OWN }Leave a Reply
Subscribe to Comments feedLatest Query
- by Sam
Search Our Archives
Research Desk
- Stocks Trading above their 50 day moving average - DMA In Stock Research
- Download free Ebooks based on Technical Analysis In Personal Training
- TOP 100 Stocks with the Highest P/E as on July 14th, 2013 In Stock Research
- TOP 100 Stocks with the Lowest P/E as on July 14th, 2013 In Stock Research
- Charting Pathsala - Your guide to Techincals In Technical Analysis
CB Says:
January 20th, 2010
Posted at: 11:34 pm
Hi Avis, hold it for 1-2 days. it may remain flat tomorrow. keep sl at 115
Hi Shads, don't worry, if you can hold it for short term continue to hold onto it and ill let you know when to avg it out.
tarun Says:
January 20th, 2010
Posted at: 11:34 pm
Hi CB,
Also, i have bajajhind at 221, and IFCI at 55, shall i continue to hold or can sell them at nominal loss of 500. pls. suggest.
Thanks
CB Says:
January 20th, 2010
Posted at: 11:35 pm
Hi siva, most welcome
Hi tarun, yes, square them off around 5150-5170. nifty has strong support at this level.
CB Says:
January 20th, 2010
Posted at: 11:37 pm
Hi tarun, they are a hold for short term. continue to hold onto them
SunilRao Says:
January 20th, 2010
Posted at: 11:45 pm
Thx Cb, What's the expected target for bajaj-auto? Around 1860 or higher?
Shads Says:
January 20th, 2010
Posted at: 11:46 pm
Thanks CB! Are you online on yahoo messenger now?
SunilRao Says:
January 20th, 2010
Posted at: 11:52 pm
Also Cb, I'm holding bharti airtel at 326.5. It showed a strong bounce today. Can it continue its upmove further and if so what are short-term and mid-term targets?
CB Says:
January 20th, 2010
Posted at: 11:54 pm
Hi SunilRao, yes..arond 1850
Hi Shads, most wlcome.. no, don't have access to it right now..
CB Says:
January 20th, 2010
Posted at: 11:55 pm
Hi SunilRao, yes. it can see 345. hold onto it for some time.
SunilRao Says:
January 20th, 2010
Posted at: 11:56 pm
Thx Cb.
CB Says:
January 20th, 2010
Posted at: 11:58 pm
Hi SunilRao, most welcome.
Hi Shads, i have emailed you..Good night..
amitak Says:
January 21st, 2010
Posted at: 12:05 am
Hi CB,
Will it be a good idea to short metals tomorrow, especially TATASTEEL?
Also, as of now the SGX nifty's second session (SGX QUEST (T+1) Trading Hours: Mon-Fri 7.15pm - 1.00am) closed at 5170, so shall we expect us to open around the same level on nifty.
Thanks
Amit
CB Says:
January 21st, 2010
Posted at: 12:10 am
Hi amitak, seems they will open gap down tomorrow. dont go short on gap down opening..yes..seems nifty may open 30-40 points lower.
amitak Says:
January 21st, 2010
Posted at: 12:12 am
Thanks for the reply.
I have two puts for tatasteel which might yield some results tomorrow.
Will it be best to squre off those puts in the early session, if in profit.
Regards
Amit
ganga Says:
January 21st, 2010
Posted at: 12:13 am
hi cb volume shockers in our website if u update them during market hrs atleast at3 0 clock very useful for us
CB Says:
January 21st, 2010
Posted at: 12:22 am
Hi amitak, yes, square of puts around 5150-5170 levels on nifty.
Hi ganga, we get the details from nse around 5pm.. shall look into another way out.