Quotes with Resistance & Support
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Intraday calls for 28-01-10

Posted on: January 28th, 2010 at 8:18 am

Markets likely to see a positive opening. Support for nifty is at 4820 and resistance at 4950

Buy Mcleod Russel India Ltd at 227.15, target: 238. Stoploss: 221

9.25am – buy koutons at 399 target 408 sl 392 – (Book profits at 425)

12.19am – buy zylog systems at 322 target 331. stoploss: 317 – trade in small quantity – (exit positions at 317)

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546 Responses

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  1. ruthwik Says:
    January 28th, 2010
    Posted at: 2:03 pm

    ok. thank u


  2. CB Says:
    January 28th, 2010
    Posted at: 2:03 pm

    Hi chaithanya, no, dont enter it yet.. looks weak, can head lower to 70


  3. RK Says:
    January 28th, 2010
    Posted at: 2:04 pm

    Hi CB,
    Is there any chance still for the Jan 4900 call to came back ? I have it at an average of 43 :(


  4. preeti Says:
    January 28th, 2010
    Posted at: 2:04 pm

    Hi CB, m holding sail at 222.5..its hovering around 222.should i old for 225 again before closing or exit right away?/


  5. chaithanya Says:
    January 28th, 2010
    Posted at: 2:04 pm

    ok sir thanks a ton!!


  6. CB Says:
    January 28th, 2010
    Posted at: 2:04 pm

    Hi vikas, it may remain flat

    Hi sundeep, as of now enter in small quantity. it can see some bounce

    Hi Arasu, most welcome

    Hi ruthwik, most welcome.


  7. Kb Says:
    January 28th, 2010
    Posted at: 2:04 pm

    CB. . how to identify the 'best' support/ resistance levels from a chart?


  8. sundeep Says:
    January 28th, 2010
    Posted at: 2:05 pm

    ok. thnx. which stock do u advice for a weeks time?


  9. CB Says:
    January 28th, 2010
    Posted at: 2:06 pm

    Hi pralhad, yes, would advice to hold it a little longer.. it will do well once markets settle. if possible add few more on dips

    Hi RK, seems unlikely. maybe in last 1 hr we see some short covering

    Hi preeti, as of now would advice to exit from it

    Hi chaithanya, most welcome.


  10. CB Says:
    January 28th, 2010
    Posted at: 2:07 pm

    Hi Kb, you need to learn technical analysis for it

    Hi sundeep, no, as of now no new call

    Hi amit, yes, exit form it..


  11. arvind Says:
    January 28th, 2010
    Posted at: 2:07 pm

    Thanks for comments. May i know your long term view and their target price for Airtel, Idea, Orbit corp, Adhunik Metaliks,IGL.


  12. CB Says:
    January 28th, 2010
    Posted at: 2:08 pm

    Hi arvind, they are strong bets for long term..they can add 40-50%


  13. sc Says:
    January 28th, 2010
    Posted at: 2:09 pm

    hi,cb
    why indian market is weak?others markets are in plus.


  14. amit Says:
    January 28th, 2010
    Posted at: 2:09 pm

    may i hold glenmark or exit


  15. arora Says:
    January 28th, 2010
    Posted at: 2:09 pm

    hi cb,
    I have 1 lot nifty at 4855 what to do now ?


  16. RK Says:
    January 28th, 2010
    Posted at: 2:09 pm

    CB,
    Do i need to square the Jan 4900 Call or should i let it expire ?

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