Quotes with Resistance & Support
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Intraday calls for 21-01-10

Posted on: January 21st, 2010 at 8:17 am

Markets likely to see a weak opening. Support for nifty is at 5150-5170 and resistance at 5250.

If markets show recovery later during the day, Buy: Kotak Mahindra Bank Ltd if it holds onto 855-860 levels and Automobile Corporation Of Goa Ltd (BSE) at 267-270 for a target of 282. sl 262

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768 Responses

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  1. anoop Says:
    January 21st, 2010
    Posted at: 8:44 am

    hi cb, any intraday call today?


  2. CB Says:
    January 21st, 2010
    Posted at: 8:44 am

    Hi ravikanth, would advice to exit if markets see a small recover after gap down opening.


  3. CB Says:
    January 21st, 2010
    Posted at: 8:44 am

    Hi anoop, they are posted above. kotak can be bought on dips.


  4. shiva Says:
    January 21st, 2010
    Posted at: 8:44 am

    target for RCF in 1 week?


  5. CB Says:
    January 21st, 2010
    Posted at: 8:46 am

    Hi shiva, if markets remain weak it could come down a bit..lets see if nifty holds onto 5150 or not.


  6. S.K. Says:
    January 21st, 2010
    Posted at: 8:46 am

    G.M. CB N ALL.


  7. CB Says:
    January 21st, 2010
    Posted at: 8:47 am

    Hi S.K., Good morning.


  8. RAYAN Says:
    January 21st, 2010
    Posted at: 8:48 am

    hi CB

    i have shorted nifty @ 5180. pl advice. shall i square off if gap down opening?


  9. Chandrika Says:
    January 21st, 2010
    Posted at: 8:49 am

    Hi CB

    Can I short on ONGC today ? Pls suggest


  10. CB Says:
    January 21st, 2010
    Posted at: 8:49 am

    Hi RAYAN, yes, exit around 5170-5180 and short again once nifty breaks 5150


  11. nb Says:
    January 21st, 2010
    Posted at: 8:50 am

    Hi CB, Good Morning!


  12. RAYAN Says:
    January 21st, 2010
    Posted at: 8:50 am

    DEAR CB

    I HAD BOUGHT HIN LEVER @ 267. PLL ADVICE


  13. monty Says:
    January 21st, 2010
    Posted at: 8:50 am

    hey cb n all

    gmmmmmmmmmmmmmm


  14. puran Says:
    January 21st, 2010
    Posted at: 8:51 am

    good mrng sir


  15. CB Says:
    January 21st, 2010
    Posted at: 8:52 am

    Hi Chandrika, yes, in small quantity

    Hi nb, Good morning

    Hi RAYAN, yes.. if possible avg it on dips around.. it has strong support at 250-255.

    Hi monty, Good morning.


  16. Chandrika Says:
    January 21st, 2010
    Posted at: 8:52 am

    Hi CB

    Can I buy bharati airtel for intraday ? PLs suggest

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