Quotes with Resistance & Support
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Intraday calls for 21-01-11

Posted on: January 21st, 2011 at 8:26 am

Markets likely to open lower, Strong support at 5610, Resistance 5750

If Markets show some recovery later, buy SKS for a target of 705

10.43am – buy Mphasis at 707, target: 716, Stoploss: 698

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702 Responses

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Comment pages: 141516171819202122Show all

  1. Geethika Says:
    January 21st, 2011
    Posted at: 11:47 am

    SBIN open interest rose by 2.5% to 4847875 from 4729750 quantity, indicating FRESH LONG build up.


  2. Alok Surana Says:
    January 21st, 2011
    Posted at: 11:48 am

    NIFTY STOP LOSS 5680 IS VERY TUNE STOP LOSS ... FOR 20 / 30 MOMENTUM GAIN ... BASIC SUPPORT AND STOP LOSS IS 5620 COZ NIFTY TWICE TAKEN SUPPORT AT 5624 AND 5632 ... ON MONDAY AND THURSDAY (YESTERDAY) RESPECTIVELY... SO 5680 ...+ 5620 GIVEN 2 STOP LOSS ... AS MKT IS WAITING RBI POLICY - AS I ASSUME THERE IS NO CHANGE IN RBI POLICY THIS TIME SO ... 1 SHOULD LONG WITH SL 5620 ...


  3. ARIJIT Says:
    January 21st, 2011
    Posted at: 11:48 am

    Hi CB,
    CAN I BUY NIFTY AT 5705?


  4. CB Says:
    January 21st, 2011
    Posted at: 11:49 am

    Hi Das, can see 1065. keep trailing sl near 1050

    Hi raj, no, dont enter it again

    Hi ARIJIT, yes. sl near 5670


  5. shiva Says:
    January 21st, 2011
    Posted at: 11:49 am

    i have entered canbk an BOI today...what r the targets?


  6. ARIJIT Says:
    January 21st, 2011
    Posted at: 11:50 am

    Hi ARIJIT,
    OK,TGT FOR TODAY?


  7. Alok Surana Says:
    January 21st, 2011
    Posted at: 11:50 am

    1 MORE THING I WANT TO ADD ... NIFTY MADE LAST TO LAST WEEK AS BEARISH ENGULFING PATTERN .. SO 1 SHOULD MUST CAUTIOUS .. IF NIFTY BREACH 5757 THEN THIS BEARISH ENGULFING IS NO MORE WORRY ..


  8. CB Says:
    January 21st, 2011
    Posted at: 11:51 am

    Hi shiva, bankindia can see 453

    Hi ARIJIT, 5730


  9. Alok Surana Says:
    January 21st, 2011
    Posted at: 11:52 am

    GEETHIKA SISTER ... WHERE U GET THIS .... SBIN open interest rose by 2.5% to 4847875 from 4729750 quantity, indicating FRESH LONG build up.... PLEASE HELP !!


  10. ambika Says:
    January 21st, 2011
    Posted at: 11:52 am

    on rate of 380 i took dlf nw it comes 250 so what ur advise abt dat


  11. Raj Gupta Says:
    January 21st, 2011
    Posted at: 11:52 am

    Hi Alok ji , i just bought tatacoffee @ 715 for intraday . can it touch 726 today ? also having 2000 petronet @ 134 when it can cross my buying price CMP is 129. ?


  12. CB Says:
    January 21st, 2011
    Posted at: 11:53 am

    Hi ambika, its a hold for 3-4 months time. fundamentally its strong. once markets improve will recover back


  13. Alok Surana Says:
    January 21st, 2011
    Posted at: 11:53 am

    EXIT FROM DLF ....COZ UR MONEY DEAD FOR LONG TIME .... SHIFT TO ANY GOOD SHARE ... BETTER TO SHIFT LIC / GAIL / SESA GOA / ETC...


  14. shiva Says:
    January 21st, 2011
    Posted at: 11:54 am

    CB...if I buy a stock for intraday, it goes 3 pct up, but results are yet to be out and has chances to going up furher..what one shd do?? its a lose-lose situation :|


  15. Alok Surana Says:
    January 21st, 2011
    Posted at: 11:55 am

    Hi Alok ji , i just bought tatacoffee @ 715 for intraday . can it touch 726 today ? also having 2000 petronet @ 134 when it can cross my buying price CMP is 129. ?

    ANS : TATA COFFEE IS @ HUGE OVERBOUGHT ... EXIT SOME WHERE ... AND AGAIN RE-ENTER AT LOWER WHERE TATA COFFEE COOL OFF ... MY TATA COFFEE TGT 1000+ IN NEAR FUTURE ..


  16. CB Says:
    January 21st, 2011
    Posted at: 11:56 am

    Hi shiva, if results are better than expectation, it will do well. if meets expectations will see profit booking.

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