Quotes with Resistance & Support
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Intraday calls for 04-02-10

Posted on: February 4th, 2010 at 8:15 am

Markets likely to open flat.. Resistance for nifty is at 4970

Buy Castrol India Ltd at 645.60 target: 663. Stoploss: 634.

9.54am – buy mindtree at 607 target 618-620.. sl 597 (SL triggered)

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572 Responses

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  1. pankaj Says:
    February 5th, 2010
    Posted at: 7:58 am

    hi CB, gm, can i 4900 buy a put at opening? if yes wht tgt? thanx a lot.


  2. CB Says:
    February 5th, 2010
    Posted at: 7:59 am

    Hi pankaj, no, dont enter it at opening.. nifty will open quite lower..


  3. sunil Says:
    February 5th, 2010
    Posted at: 8:07 am

    gm cb if we break 4720 levels then wat wud be the levels we are watching for.
    what is the support level aftr that


  4. CB Says:
    February 5th, 2010
    Posted at: 8:10 am

    Hi sunil, not really sure yet. supports are not really holding onto due to global markets weakness. technically a close below 4800 would be a weak one.


  5. sunil Says:
    February 5th, 2010
    Posted at: 8:14 am

    cb during these kind of sell offs does technicalls work out.


  6. CB Says:
    February 5th, 2010
    Posted at: 8:15 am

    Hi sunil, no.. they would only indicate the weakness in the markets. it is a fundamental issue as of now with european markets.


  7. a.shanmugam Says:
    February 5th, 2010
    Posted at: 8:19 am

    Good MOrning..CB.tocays nagarfert support &Resistence give me


  8. Sampangi Says:
    February 5th, 2010
    Posted at: 8:20 am

    Hi CB,

    I have trapped in Mindtree @609/- but i dont know how many days will it take to reach my price..today again seems red bath:)

    Thanks


  9. CB Says:
    February 5th, 2010
    Posted at: 8:21 am

    Hi a.shanmugam, support is at 4770..resistance is higher around 4900

    Hi Sampangi, yes. hold it for 2-3 days. some bounce in nifty is likely after this fall


  10. Sampangi Says:
    February 5th, 2010
    Posted at: 8:28 am

    Thanks CB..

    How was results from Mindtree? Are you sure it will reach again 610?


  11. rinku Says:
    March 1st, 2010
    Posted at: 4:48 pm

    dearsir
    prajind support and resistance with your opiniun about future give me


  12. CB Says:
    March 1st, 2010
    Posted at: 5:51 pm

    Hi Sampangi, results are good. yes, hold it. will see 610 again

    Hi rinku, it has strong support at 76-77. resistance is higher at 95.


  13. mukesh Says:
    April 12th, 2010
    Posted at: 5:34 pm

    good evening sir,i have a tata motor future @782.40 today it's closed at 777.50.what about tomorrow?what should i do?hold or sell?plz suggest!
    thank you.


  14. rinku Says:
    April 12th, 2010
    Posted at: 5:37 pm

    sir i want to invest 20000 rs. in small stocks!plz suggest some good stock?


  15. CB Says:
    April 12th, 2010
    Posted at: 5:44 pm

    Hi mukesh, Good evening. can see 790 if markets remain good. keep sl at 770

    Hi rinku, wait for a 5% dip and enter fludiomat and confidence petro

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