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. Chandrika Says:
    February 2nd, 2010
    Posted at: 1:38 pm

    hi

    any one know how europe markets will open ?


  2. Kartik Says:
    February 2nd, 2010
    Posted at: 1:41 pm

    just came online..


  3. rashid Says:
    February 2nd, 2010
    Posted at: 1:42 pm

    would there be crash


  4. Ravii Says:
    February 2nd, 2010
    Posted at: 1:43 pm

    EUROPE -VE


  5. sanjay Says:
    February 2nd, 2010
    Posted at: 1:44 pm

    hai cb, what about kwality dairy and thiksof global. short term tgt?


  6. Kartik Says:
    February 2nd, 2010
    Posted at: 1:44 pm

    Hi rashid, we might see some consolidation at 4850 levels

    Hi Ravii, yes


  7. Prem Says:
    February 2nd, 2010
    Posted at: 1:45 pm

    I have 200 Shares of Punj Loyd at 205.when can someone expect growth in the share value?


  8. Kartik Says:
    February 2nd, 2010
    Posted at: 1:45 pm

    Hi sanjay, book 50% profits in them at CMP, hold the rest for another 2-3 months tim


  9. MM Says:
    February 2nd, 2010
    Posted at: 1:46 pm

    Hi kartik,
    Any Intraday Script..


  10. Anu Says:
    February 2nd, 2010
    Posted at: 1:46 pm

    Hi Kartik/CB,

    I purchased Reliance media works at 280, is it advisable to switch to SEL MAN from reliance media works at CMP?

    Thanks,


  11. Shads Says:
    February 2nd, 2010
    Posted at: 1:48 pm

    Hi Kartik,

    I was expecting a pre-budget rally.. So keeping that in mind, so you think it is advisable to buy a NIFTY CE now? If yes then what strike price should I be looking at?


  12. Kartik Says:
    February 2nd, 2010
    Posted at: 1:48 pm

    Hi Anu, to be on the safe side, exit 50% of REL media and invest in SEL manufacturing for Short term


  13. Amit Says:
    February 2nd, 2010
    Posted at: 1:48 pm

    HI Kartik!!
    Am stuck in JSW Steel..will it recover today???


  14. Kartik Says:
    February 2nd, 2010
    Posted at: 1:48 pm

    Hi Shads, yes, enter it with a SL at 4800


  15. Kartik Says:
    February 2nd, 2010
    Posted at: 1:49 pm

    Hi Amit, it more of a market mover, hold it with a SL at 1000


  16. Sidharth Says:
    February 2nd, 2010
    Posted at: 1:50 pm

    Kartik, SL for yes bank..?

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