Quotes with Resistance & Support
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Intraday calls for 31-01-12

Posted on: January 31st, 2012 at 8:40 am

Markets likely to open higher, resistance at 5160, support at 5050 for nifty

Sell United Bank on rise, around 68, for a target of 64, SL 71

(trade in small quantity)

10.50am – Buy HCL Tech at 436.75, target: 445. Stoploss: 430 (1-2 day hold)

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418 Responses

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  1. sheeja Says:
    January 31st, 2012
    Posted at: 3:41 pm

    Kartik,

    Any Upside left in GVK Power, LITL? Which one can be bought among these.


  2. CA.Tejas Says:
    January 31st, 2012
    Posted at: 4:03 pm

    HI CB / Kartik,

    Today also mkt try to cut 5200 line but couldnt cut it & close at 5199....

    What it means?? It has ressitance at 5200 , 5220 levels??

    I have purchsed total 5 lots at avg price of 53 n cmo is 38... What shpuld I do??


  3. CA.Tejas Says:
    January 31st, 2012
    Posted at: 4:04 pm

    Hi CA.Tejas, I have purchased 5000 put at 53 n cmp is 38.....


  4. Peter Says:
    January 31st, 2012
    Posted at: 4:06 pm

    Hi CB whats your short term view on Satyam looks interesting. Nice Inverted HNS pattern developing. Could see 88 and above?


  5. test Says:
    January 31st, 2012
    Posted at: 4:13 pm

    boss mkt go up..but no gain....last month i entered tataglobal call..exited at 0 level and booked loss around 25 k..this month today it up 10%....


  6. JR Says:
    January 31st, 2012
    Posted at: 4:15 pm

    Hi Kartik,
    Bought CrompGreav future @ 133.85 and Shorted Tata Steel future @ 445........Both of my trades are in Loss....what should i do....Plz advice.......Also Holding Gail Future @ 374 but it is trading in very narrow range....


  7. deepak Says:
    January 31st, 2012
    Posted at: 4:19 pm

    Hi Kartik,
    Holding Fortis future @ 105.8 and JSW Energy future @ 55.Please advice...


  8. kr Says:
    January 31st, 2012
    Posted at: 4:20 pm

    hello sir,
    what will trend for nifty tomorrow ?
    any correction or up trend ?


  9. Vivek Says:
    January 31st, 2012
    Posted at: 4:22 pm

    Hi Kartik,
    How Central Bank and Bgr energy is looking. Want to enter in it for 1 week in future.


  10. dheeraj Says:
    January 31st, 2012
    Posted at: 4:23 pm

    hi cb/kartik whats your opinion on rcom for tomorrow i have short @ 99 f&o what should be the stop lose for tomorrow thanking your waiting for your reply


  11. santosh tembe Says:
    January 31st, 2012
    Posted at: 4:24 pm

    what is the view on tata cofee tommrrow


  12. DJ Says:
    January 31st, 2012
    Posted at: 4:32 pm

    CB
    Hi Buddy....so yesterday was just an odd day out...the bull run is intact.isnt it?where do we go from here?5280-5400?holding long on HDIL...where do u c it tmrw?


  13. $tyleIcon Says:
    January 31st, 2012
    Posted at: 5:13 pm

    Sensex ends at 17200; highest January gain in 18 years
    http://economictimes.indiatimes.com/markets/stocks/market-news/sensex-ends-at-17200-highest-january-gain-in-18-years/articleshow/11699016.cms


  14. Kartik Says:
    January 31st, 2012
    Posted at: 5:17 pm

    Hi HemantB, hold the short on Unitech for 2-3 days with a SL at 27.30

    Hi santhi, most welcome

    Hi sheeja, GVK looks good for Short/mId term

    Hi HARI, around 490

    Hi CA.Tejas, faced resistance at 5160, next at 5250, exit from the PE's if we manage to break 5250

    Hi Peter, yes, but might take a while to test 90+ levels

    Hi JR, hold Crompton with a SL at 130, kee pa tight SL at 455 for Tata steel, hold Gail with a SL at 462 for a few more days

    Hi deepak, hold them for another 1-2 days, can add some more gains

    Hi santosh tembe, support at 850, if broken can see lower levels

    Hi kr, lets wait to see how U.S Markets react tonight

    Hi dheeraj, keep a tight SL at 100.50 and hold the short

    Hi DJ, saw huge FII buying today, lets wait to see if the current rally is sustainable


  15. DJ Says:
    January 31st, 2012
    Posted at: 5:19 pm

    Kartik
    thx bro,wat abt hdil tgt tmrw?


  16. Vivek Says:
    January 31st, 2012
    Posted at: 5:24 pm

    Kartik Sir,
    U missed my query:(

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