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Intraday calls for 21-01-10

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

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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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raj Says:
January 21st, 2010
Posted at: 5:34 pm
Hi CB, i am holding ajanta pharma @144, what will be the short term target for this
CB Says:
January 21st, 2010
Posted at: 5:37 pm
Hi Ankush, Good evening..
Hi santosh, if possible hold onto it for couple of weeks.. they will do well.
Hi banu, tomorrow we may see a small bounce. hold onto them for some time.. if nifty adds 20-30rs would advice to exit from nifty tomorrow.
Hi raj, can see 156. hold it..
nats Says:
January 21st, 2010
Posted at: 5:45 pm
hi cb
whats the market 2moro
jaicorp is + ve 2moro?
CB Says:
January 21st, 2010
Posted at: 5:47 pm
Hi nats, may see a small bounce. jaicrop is a hold can see 310 in short term.
nats Says:
January 21st, 2010
Posted at: 5:48 pm
ok
thanks CB
gaurav Says:
January 21st, 2010
Posted at: 5:49 pm
HI CB I HAVE UNITECH 200 @ 80.80,AREY DRUGS 400 @ 52.50,INDIAN HOTEL 100 @ 108 & IFCI 200 @ 58 PLZ ADVICE TARGET INDIVISLY THANKS
CB Says:
January 21st, 2010
Posted at: 5:50 pm
Hi nats, most welcome
Hi gaurav, hold them for short term..unitech seems to be seeing some buying interest..should do well in a months time.
SMH Says:
January 21st, 2010
Posted at: 5:51 pm
CB, I NEED TO SELL SOME STOCK AS THE SAME IS ON MARGIN HOLDING EKC 350 @ 159 & SOLAR INDS 100 @ 440 & MTNL 400 @ 89.5 PLS GUIDE WHICH ONES I CAN EXIT TOMRW I NEED TO GENERATE 50k CASH TOMRW
gaurav Says:
January 21st, 2010
Posted at: 5:52 pm
CB WHT ABOUT AREY DRUGS,ITS GETTING PERMISSION FOR OPEN SALE MY BROKER ADVICED ME TO BUY FOR A MONTH TARGET AT @ 70,& INDIAN HOTEL
SMH Says:
January 21st, 2010
Posted at: 5:52 pm
CB, ALSO HOLDING SUNDARAM MUL 500 @ 45 & ILFS INVT 300 @ 46.5 YOUR VIEW ON BOTH FOR SHORT TERM PLS GUIDE
CB Says:
January 21st, 2010
Posted at: 5:54 pm
Hi SMH, as of now exit from ekc.. hold others for some time

Hi gaurav, it has strong support at 45-46..should do well in short term.
CB Says:
January 21st, 2010
Posted at: 5:55 pm
Hi SMH, they are good bets..can add 10-12%
gaurav Says:
January 21st, 2010
Posted at: 5:55 pm
ok thanks for ur advice cb
CB Says:
January 21st, 2010
Posted at: 5:55 pm
Hi gaurav, most welcome..
gaurav Says:
January 21st, 2010
Posted at: 5:56 pm
WHT IS MARKET TREND FOR TOMM UP OR DOWN
CB Says:
January 21st, 2010
Posted at: 5:59 pm
Hi gaurav, likely to remain flat.