Quotes with Resistance & Support
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Intraday calls for 01-02-10

Posted on: February 1st, 2010 at 8:13 am

Markets likely to see a weak opening. Nifty has support at 4800 and resistance at 4970.

Buy Bank of Baroda at 563-570, target: 583. Stoploss: 557.

10.08am – buy Titan industries at 1625 target 1645. stoploss: 1605-1610. – (book profits at 1645)

10.21am – buy bharat petroleum at 569, target: 581 stoploss: 561 – trade in small quantities – (book profits at 581)

10.35am – buy kaveri seed at 278 target 284. stoploss: 272 – (book profits at 286)

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660 Responses

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  1. brinda Says:
    February 1st, 2010
    Posted at: 3:49 pm

    C.b please clear my doubt - kscl buy & high rate is 289, if the buy/high rate is 289 mean, what is the use for traders. if sell price will move up then we'll be benefitted no?
    their buy price is our sell price no? we've to take sell price is our buy price. clear me please


  2. goutam Says:
    February 1st, 2010
    Posted at: 3:53 pm

    Hi CB,
    any tips on SPICEMOBI?


  3. pradeep Says:
    February 1st, 2010
    Posted at: 3:55 pm

    DEAR CB,ACCORDING TO YOU WHAT WOULD BE THE SAFE LEVEL TO SHORT NIFTY IN FEB.?


  4. Ranga Says:
    February 1st, 2010
    Posted at: 3:57 pm

    guru, what is happening to the SREI, I took this at 92 ???? is it still going to fall, can i buy more?? what is the bonus news on this?


  5. CB Says:
    February 1st, 2010
    Posted at: 3:57 pm

    Hi Ranga, yes, technically looks weak as of now.. hold it for now. if possible add few more on dips

    Hi brinda, did not get your question.. it was previously trading at 278 levels and in last 5 min went upto 288.. there were buyers sitting at 285


    Hi goutam, it looks good.can head upto 38-40


  6. ku Says:
    February 1st, 2010
    Posted at: 3:58 pm

    Hi All,

    Can we see this movement as market would move upwards from Next trading sessions.....


  7. nats Says:
    February 1st, 2010
    Posted at: 4:00 pm

    HI CB
    Unitech is suddenly going down in closing time is it retain positive move or going down this week.
    Why it is going even it shows positive results.
    pls suggest


  8. CB Says:
    February 1st, 2010
    Posted at: 4:00 pm

    Hi Rajesh, yes..maybe its a date when they start preparing for funds..

    Hi pradeep, as of now many are expecting a pre budget rally..for now buy it on dips around 4850-4880

    Hi ku, yes, some upmove is expected


  9. CB Says:
    February 1st, 2010
    Posted at: 4:02 pm

    Hi nats, its likely to remain positive in coming days. hold it.


  10. nats Says:
    February 1st, 2010
    Posted at: 4:02 pm

    Thanks CB


  11. CB Says:
    February 1st, 2010
    Posted at: 4:03 pm

    Hi nats, most welcome


  12. option Says:
    February 1st, 2010
    Posted at: 4:11 pm

    karuturi flared......what is the target?


  13. CB Says:
    February 1st, 2010
    Posted at: 4:11 pm

    Hi option, around 25.


  14. brinda Says:
    February 1st, 2010
    Posted at: 4:16 pm

    There are 2 columns in diet i.e buy & sell.., if we give buy order then, it is taking sell price to buy & taking buy price to sell (when giving sell order).

    Today kscl price raised only in selling price (i.e we can buy in that price,couldn't sell in that price rite?) last 5 min only buying price raised (our selling price), but high column showed 289 as high, this 289 was selling price(289 is our buying price no..) we couldn't gain if selling (our buying price) price will move up.


  15. Nik Says:
    February 1st, 2010
    Posted at: 4:17 pm

    Hi CB, looks like a good day for nseguide followers....
    i missed out as i was stuck in office... :(
    but great calls... hope to get some more soon...
    :)


  16. CB Says:
    February 1st, 2010
    Posted at: 4:23 pm

    Hi brinda, yes..that is default. that is the rate where the seller is sitting. the lower price you see is the price where the buyer is sitting. if you wish to buy at a particular price, you need to set a price limit order..

    Hi Nik, thanks..sure.. will try my best.

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