Quotes with Resistance & Support
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Intraday calls for 22-01-10

Posted on: January 22nd, 2010 at 8:14 am

Markets likely to see a gap down opening.. Support for nifty is at 4950.

If markets show recovery later during the day, buy: Mahindra Lifespace Developers Ltd & Ackruti City Ltd

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706 Responses

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  1. Sriram Says:
    January 22nd, 2010
    Posted at: 5:41 pm

    hi cb..i hv bought unitech @79..will it reach 90 in short term..


  2. deepak Says:
    January 22nd, 2010
    Posted at: 6:24 pm

    cb mnm results on 25th na wt r u expecting holding long jan series @1168 shd i rollover... today bought punj@192, sail@227,SATYAM@104, idfc@150 n cub@29 r these ok rates for shrt term.


  3. deepak Says:
    January 22nd, 2010
    Posted at: 6:25 pm

    if u think any further downside is expected then i wd exit now and enter at lower level also hvg ongc long at 1172


  4. Rahul Says:
    January 22nd, 2010
    Posted at: 6:41 pm

    Hello CB

    have bought IVRCL at today's close around 336... is it a good buy or is it likely to dip further? today is my first day of debit so i can safely keep whole of next week..


  5. karthigarajan Says:
    January 22nd, 2010
    Posted at: 6:49 pm

    Sir i came across a news that the market is likely to fall to 4500 level.Is there any truth in this news ?


  6. Kartik Says:
    January 22nd, 2010
    Posted at: 7:19 pm

    Hi ravikanth & deepak , yes, markets are likely to see a bounce in the coming week, hold it with a tight SL at 4050 on Nifty

    Hi Rahul, IVRCL is a good bet for Short term, but its more of a market mover, if it comes down to around 320 levels, you may avg it out

    Hi karthigarajan, not likely, we face strong support at 4950 levels, and might see some consolidation there

    Hi Sriram, yes, it can do well, hold it


  7. ravikanth Says:
    January 22nd, 2010
    Posted at: 7:28 pm

    thanks sir,


  8. ramsingh Says:
    January 22nd, 2010
    Posted at: 7:31 pm

    Hai Kartik!
    What is ur suggestion about coming Monday Market position.


  9. Sampangi Says:
    January 22nd, 2010
    Posted at: 7:41 pm

    Hi Karthik,

    I have struck up with Crompton Greaves @417/-. Can this go up in next week. Do you expect any downside in this counter. Please help me...

    Thanks


  10. raghu Says:
    January 22nd, 2010
    Posted at: 7:53 pm

    hiiii CB..
    how do u see oil country tublr now???it has fallen loke ne thing..
    shd avg at this level??will it rise by the same rate??


  11. Kartik Says:
    January 22nd, 2010
    Posted at: 8:10 pm

    Hi ravikanth, most welcome

    Hi Sampangi, Crompton Greaves is a strong bet for Short term, hold it for some time, once markets start recovering it can do well

    Hi deepak, sorry, typo mistake, its 4950

    Hi raghu, it posted its results yesterday "Oil Country Tubular net profit declines 86.56% in the December 2009 quarter", dont yet avg, wait for some more time

    Hi ramsingh, we might add 30-40 points on Monday


  12. Sampangi Says:
    January 22nd, 2010
    Posted at: 8:21 pm

    Hi Karthik,

    Thanks a lot for your reply...

    But can you please let me know about results of Cromton Greaves. It may be out on 28th Jan??

    Thanks


  13. banu Says:
    January 22nd, 2010
    Posted at: 8:26 pm

    sir please tell what tar forunitech this experiy any chance to reach @83 please give uropinion thank usir


  14. RAYAN Says:
    January 22nd, 2010
    Posted at: 8:29 pm

    hi cb

    what is the medium term target for airtel , ril, jindal steel and power.

    thanks


  15. deepak Says:
    January 22nd, 2010
    Posted at: 8:46 pm

    thks kartik any stock to watch out for.... today idea had done quite well ur view on that n on ashokleyland


  16. arvind Says:
    January 22nd, 2010
    Posted at: 9:28 pm

    Hi CB,
    May I know your view on Jetairways for short term.

    Thanks.

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