Quotes with Resistance & Support
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Intraday calls for 21-01-09

Posted on: January 21st, 2009 at 9:25 am

Markets likely to see a gap down opening. Go short below 2700.

On Intraday dips buy CESC (above 242, Stoploss: 239) and Torrent power (Buy above 74.50, Stoploss: 73.50).

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104 Responses

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  1. Tipguru Says:
    January 21st, 2009
    Posted at: 9:30 am

    Target and sl for hanung toys


  2. CB Says:
    January 21st, 2009
    Posted at: 9:31 am

    Hi Tipguru, Hanung is a short/med term play.. buy 50% now and if Nifty drifts lower avg it..downside is limited in this stock as it is tradign at very cheap valuations.


  3. bhuvan Says:
    January 21st, 2009
    Posted at: 9:35 am

    hi CB ,

    good morning,

    shorted dr reddys fut at 461 today how much it can go up or down.


  4. Rudresh Says:
    January 21st, 2009
    Posted at: 9:35 am

    Hi CB,

    Wt is the Target range for GVKPOWER


  5. rajnish kumar Says:
    January 21st, 2009
    Posted at: 9:37 am

    sir what is target of ENIL for today. will it reach 180 today or not


  6. CB Says:
    January 21st, 2009
    Posted at: 9:39 am

    Hi bhuvan, Good morning. Dr Reddy has strong support at 461-462 level (20 and 50 day moving avg). Below this it could touch 430.

    Hi Rudresh, GVK has support at 18-19 levels.. it can touch 24 if markets recover..


  7. CB Says:
    January 21st, 2009
    Posted at: 9:40 am

    Hi rajnish kumar, It could if markets recover.. Stock is witnessing buying recently


  8. bhuvan Says:
    January 21st, 2009
    Posted at: 9:42 am

    Hi CB,

    ystday taken 2700 put at 59. today how much price can i expect

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