Quotes with Resistance & Support
Market Information

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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Comment pages: 282930313233343536Show all

  1. Deepak7791 Says:
    February 2nd, 2010
    Posted at: 2:33 pm

    Kartik

    Needone advice

    I already hold aptech 1500 Shares @ 220+ rs.

    Option a) Now Should i average it again buying 500 QTY or
    Option b) invest in some other stock.

    If the option b) is your choice please suggest one stock which can balance this loss in 6 months time frame

    Regards
    Deepak


  2. San Says:
    February 2nd, 2010
    Posted at: 2:34 pm

    hi karitk I have TVS motors and i am in profit should I hold it or book profit?(i am holding it from past 2 years


  3. Deepak7791 Says:
    February 2nd, 2010
    Posted at: 2:35 pm

    Karthik .

    Do you recommend any other stock which can balance my loss in aptech?


  4. San Says:
    February 2nd, 2010
    Posted at: 2:35 pm

    what will be the right price to sell it


  5. Mac Says:
    February 2nd, 2010
    Posted at: 2:36 pm

    Market falling????whats the ressistance for Nifty and RIL


  6. ajay Says:
    February 2nd, 2010
    Posted at: 2:37 pm

    hi cb can i look to buy nf at this lvl?


  7. ani Says:
    February 2nd, 2010
    Posted at: 2:39 pm

    hai karthik, u missed my querry posted at 10.30. i have balrmpur chinni bought @126.what will b the target inthis week its chart is good?or shall i average at 119 levels i want the targetprice


  8. Kartik Says:
    February 2nd, 2010
    Posted at: 2:40 pm

    Hi Deepak7791, dont avg it yet, also dont enter any stock yet, lets wait for the markets to settle

    Hi Mac, next support at 4800

    Hi ajay, no, dont enter yet, wait for some more time

    Hi San, to be on the safe side book 50% profits in it at CMP, and hold the rest for Short term


  9. San Says:
    February 2nd, 2010
    Posted at: 2:41 pm

    thanks a lot


  10. lanka Says:
    February 2nd, 2010
    Posted at: 2:41 pm

    hi kartik i want to short idea cellular wht ur views


  11. RAJA Says:
    February 2nd, 2010
    Posted at: 2:42 pm

    cb sir,shall i buy kotak bank now


  12. ameekur Says:
    February 2nd, 2010
    Posted at: 2:44 pm

    Hi Kartik, how down can we go


  13. Kartik Says:
    February 2nd, 2010
    Posted at: 2:46 pm

    Hi lanka, dont go short on it yet

    Hi RAJA, enter in small quantity with a SL at 4800 on Nifty


  14. sweta Says:
    February 2nd, 2010
    Posted at: 2:46 pm

    CB , I BOUGHT ABGSHIP @ 325 ,PLS SUGGEST ME WHT TO DO ?AS ITS IN EXPOSER I CAN HOLD IT FOR 2 DAYS ONLY ..SO PLS RECOMEND ME WHETHER TO HOLD IT OR SELL TODAY AND BOOK THE LOSS


  15. Kartik Says:
    February 2nd, 2010
    Posted at: 2:47 pm

    Hi sweta, hold it with a tight SL at 320


  16. dibyo Says:
    February 2nd, 2010
    Posted at: 2:47 pm

    hi karthik,is there more downside or i should book profit in 4600 put?

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