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

Posted on: February 2nd, 2010 at 8:13 am

Markets likely to see a positive opening. Support for nifty is at 4800 and resistance at 4970.

Buy Rajesh Exports Ltd at 99.45, target: 104. Stoploss: 97.50
Buy Polyplex Corporation Ltd at 211.85, target: 222. Stoploss: 207.

9.33am – buy JSW Steel at 1028 target 1048. Stoploss: 1014 – (SL triggered)

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652 Responses

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  1. CB Says:
    February 2nd, 2010
    Posted at: 12:10 pm

    Hi Vijay, hold it with sl at 753..


  2. preeti Says:
    February 2nd, 2010
    Posted at: 12:10 pm

    Hi CB, should i exit jsw steela nd renuka??


  3. CB Says:
    February 2nd, 2010
    Posted at: 12:11 pm

    Hi sonia, most welcome

    Hi dibyo, no, not really sure of 3800 unless economies go ahead for a double dip recession.. for now on the downside we may see 4600 if global markets continue to remain weak for long.


  4. MEENAMURALI Says:
    February 2nd, 2010
    Posted at: 12:11 pm

    cb Sir,

    I think u missed my query. What is the intraday target for IFCI pl!


  5. sree Says:
    February 2nd, 2010
    Posted at: 12:11 pm

    Should I exit from 4900 call holding at 121 ?


  6. shrikanth Says:
    February 2nd, 2010
    Posted at: 12:11 pm

    hi CB, when is the right price to enter M&M, TCS?


  7. CB Says:
    February 2nd, 2010
    Posted at: 12:12 pm

    Hi PRAJA, most welcome

    Hi preeti, yes. exit them for now. markets are turning weak


    Hi MEENAMURALI, its likely to remain flat.. being in F&O may see less buying interest.


  8. janu Says:
    February 2nd, 2010
    Posted at: 12:12 pm

    CB sir ..... i wait for ur answer ....thanks...........


  9. Deepak7791 Says:
    February 2nd, 2010
    Posted at: 12:13 pm

    CB

    Why is Nifty Drifting down when Asia is doing good. US markets closed higher yesterday?


  10. MEENAMURALI Says:
    February 2nd, 2010
    Posted at: 12:13 pm

    thanks CB Sir


  11. Nks Says:
    February 2nd, 2010
    Posted at: 12:13 pm

    how will market today???


  12. Dhritiman Sanyal Says:
    February 2nd, 2010
    Posted at: 12:14 pm

    Dear CB,

    So should i buy or sell Nifty now?


    Warm Regards,

    DS


  13. CB Says:
    February 2nd, 2010
    Posted at: 12:15 pm

    Hi shrikanth, not yet

    Hi sree, yes, enter again above 4970


  14. Raj Says:
    February 2nd, 2010
    Posted at: 12:17 pm

    Hi CB, Any stock for short term.. so that i can recover my loss in polyplex


  15. goutam Says:
    February 2nd, 2010
    Posted at: 12:17 pm

    Hi CB,
    I am holding ARCHIES @94.05 & UTTAMSTL @122 ,Could please suggest abt these.


  16. CB Says:
    February 2nd, 2010
    Posted at: 12:17 pm

    Hi janu, yes, book profits in gmdc for now..shall enter again on dips

    Hi Deepak7791, yes. asian markets have come down a bit..

    Hi MEENAMURALI, most welcome

    Hi Dhritiman Sanyal, as of now no call on nifty..

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