Intraday calls for 31-01-11

Quotes with Resistance & Support

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Intraday calls for 31-01-11

Posted on: January 31st, 2011 at 8:28 am

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Markets likely to see a gap down opening.

If markets show recovery later during the day, buy Reliance Infrastructure with stoploss at 695-700.

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671 Responses

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Nagesh Says:
January 31st, 2011
Posted at: 8:51 am
Hi , Can we short sell Infosys, ICICI Bank , Hdfc Bank and Axis Bank
HSK Says:
January 31st, 2011
Posted at: 8:51 am
buy siemens ?
anoop Says:
January 31st, 2011
Posted at: 8:52 am
gudmrning cb
CB Says:
January 31st, 2011
Posted at: 8:52 am
Hi Nagesh, no. would advice not to if all these open gap down
Hi HSK, yes, in small quantity
CB Says:
January 31st, 2011
Posted at: 8:52 am
Hi anoop, Good morning.
AJain Says:
January 31st, 2011
Posted at: 8:52 am
Thanks CB. How about IT stocks? Fujitsu has plunged more than 8 percent in Japan and locally we have Mindtree in trouble. Can I short Mindtree or Hexaware?
CB Says:
January 31st, 2011
Posted at: 8:53 am
Hi AJain, mindtree below 500 one can short.strong support at 500-525. hexware can also be shorted at cmp
SUNNY Says:
January 31st, 2011
Posted at: 8:53 am
gud morning CB. wat to do in delta corp today. i bought at 80
CB Says:
January 31st, 2011
Posted at: 8:54 am
Hi SUNNY, Good morning. for now hold it with strict sl at 77.
Natarajan Says:
January 31st, 2011
Posted at: 8:55 am
Hi CB Whats the tgt for Orchi Chemicals today?
CB Says:
January 31st, 2011
Posted at: 8:55 am
Hi Natarajan, has good support at 288-290. below this can see some selling pressure.
Atharvan Says:
January 31st, 2011
Posted at: 8:57 am
I have 50 shares of TAJGVK at 135.Any comments CB thanks
Natarajan Says:
January 31st, 2011
Posted at: 8:58 am
Thanks CB. Can I go for ONGC 2day?
chanty Says:
January 31st, 2011
Posted at: 8:58 am
Hi CB,
hi cb sir
wat z dlf position at wat price can i exit i have parchased @226
ANIKET Says:
January 31st, 2011
Posted at: 8:59 am
AT WHICH PRICE A BROUGHT TALWALKARS???
CB Says:
January 31st, 2011
Posted at: 8:59 am
Hi Natarajan, most welcome. yes, in small quantity
Hi Atharvan, has been going a bit weak lately. would advice to keep it little longer. 1-2 months
Hi chanty, if possible hold for 1-2 days. possible sees a short covering bounce. has corrected quite a bit.