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

Nifty Index/Future Live Chart with RSI and MACD – Click to view

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702 Responses

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  1. CB Says:
    January 23rd, 2011
    Posted at: 9:17 pm

    Hi Kb, Good evening.. how are you doing


  2. sanjoy Says:
    January 23rd, 2011
    Posted at: 9:33 pm

    HI CB thank you very much


  3. thavva Says:
    January 23rd, 2011
    Posted at: 9:35 pm

    CB, how about welspun corp for intraday?


  4. CB Says:
    January 23rd, 2011
    Posted at: 9:38 pm

    Hi test, no, dont enter them at higher levels. dont add more of sel yet. on rise you may enter 5700 put in feb series

    Hi sanjoy, most welcome

    Hi thavva, above 163 can see 167


  5. MICKY Says:
    January 23rd, 2011
    Posted at: 9:43 pm

    cb can i for these intraday mrrw Hanung Toys And Tex Ltd, LIC Housing Finance Ltd , Bank Of India , dena bank , Valecha Eng. Limited plz advice


  6. CB Says:
    January 23rd, 2011
    Posted at: 9:46 pm

    Hi MICKY, one can go with hanung and boi in small quantity. look good.


  7. GANESH Says:
    January 23rd, 2011
    Posted at: 10:00 pm

    HI CB, WHAT TARGET UCO BANK TOMORROW ?


  8. Venkatagee Says:
    January 23rd, 2011
    Posted at: 10:03 pm

    Thx CB

    Is RBI also expected to announce about banking license on 25th?

    If so and IFCI, IDFC and Larsen and Toubro get the go-ahead, will be there be upside in their price?


  9. MICKY Says:
    January 23rd, 2011
    Posted at: 10:07 pm

    thnxs cb


  10. MICKY Says:
    January 23rd, 2011
    Posted at: 10:13 pm

    hey CB and howz C. Mahendra Exports Limited ...and wld you advice some stocks frm your side


  11. CB Says:
    January 23rd, 2011
    Posted at: 10:25 pm

    Hi GANESH, can see 110.50-111

    Hi Venkatagee, yes, if they do get, can add 25-30%

    Hi MICKY, most welcome. not sure of C mahendra yet. likely to do volatile since its a new listing.

    Hi suzane, no, nothing new yet


  12. manoj Says:
    January 23rd, 2011
    Posted at: 10:27 pm

    HI CB.
    Was out of town nd uble to thk u for for the response to my query dated 22/Jan midnight
    Ths a lot nd will foll yr advise nd hold Tata Power with S/L of 1290

    Aye hve another query, hold C5700 at 77 shud aye square off at openning tmrw
    or hold for the nifty to rebound due to volatility

    Thks nd brgd
    manoj


  13. CB Says:
    January 23rd, 2011
    Posted at: 10:34 pm

    Hi manoj, most welcome. hold call for now. book on rise near 5740. nifty has been moving in the 5650-5750 zone. will face some selling pressure near 5750


  14. suzane Says:
    January 23rd, 2011
    Posted at: 10:44 pm

    Hi CB, i want to start with an SIP of 2000 rupees /month .... can u get me a kind of multibagger fund which can give unexpected return ??
    even plz help me with MIP ( Monthly Income Plan ) .. what is it exactly ??


  15. CB Says:
    January 23rd, 2011
    Posted at: 10:47 pm

    Hi suzane, go with stocks like Confidence petro, bharati shipyard or ifci .. these are good bets.


  16. CB Says:
    January 23rd, 2011
    Posted at: 10:53 pm

    Hi suzane, no, not really sure about mip in mutual funds.

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