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: 323334353637383940Show all

  1. Shads Says:
    February 2nd, 2010
    Posted at: 3:33 pm

    Hi Karthik,

    pls do reply to my query.. Talk to you later. Have a good day. :)

    Bye all!


  2. MK Says:
    February 2nd, 2010
    Posted at: 3:43 pm

    Hi CB,

    i have 4 lots of 5000 option @65/- any chance for recovery of the market, kindly suggest.

    Regards,
    MK


  3. CB Says:
    February 2nd, 2010
    Posted at: 3:44 pm

    Hi parul, buy in small quantity

    Hi mpd, no, not yet

    Hi SOM, no.. dont enter it yet

    Hi sandeep, yes..it may not be traded between that time

    Hi Sriram, wait for some time.. dont avg yet

    Hi goutam, no, not yet..looks a bit weak

    Hi Raj, if markets recover a bit it can see 76

    Hi CBT, strong support near 4770-4800. should see some bounce from here.

    Hi RSKM, no, dont enter it yet

    Hi Shads, if closes below 4800 then some downside is likely

    Hi rashid, it will recover once markets settle. hold it

    Hi jay, as of now hold it..if possible add few more on dips around 600

    Hi Bapan, ill email you

    Hi satish, thanks


  4. CB Says:
    February 2nd, 2010
    Posted at: 3:44 pm

    Hi MK, as of now hold it..keep strict sl at 4800 (closing basis) and hold it.


  5. CB Says:
    February 2nd, 2010
    Posted at: 3:46 pm

    Hi Bull, hmm


  6. MK Says:
    February 2nd, 2010
    Posted at: 3:46 pm

    thanks.. CB


  7. Sriram Says:
    February 2nd, 2010
    Posted at: 3:48 pm

    at wat levels can i avg unitech...


  8. Sriram Says:
    February 2nd, 2010
    Posted at: 3:49 pm

    any negative breakouts formed in unitech's chart??


  9. Mrs Kiran Shiroor Says:
    February 2nd, 2010
    Posted at: 3:51 pm

    I am stuck up with Nifty 4901. Will get My price


  10. CB Says:
    February 2nd, 2010
    Posted at: 3:51 pm

    Hi MK, most welcome

    Hi Sriram, it has strong support at 71. dont avg yet. lets see if it holds onto 70-71 levels


  11. CB Says:
    February 2nd, 2010
    Posted at: 3:52 pm

    Hi Mrs Kiran Shiroor, yes, for now hold it.. we might have to avg it on dips if needed.


  12. Sriram Says:
    February 2nd, 2010
    Posted at: 3:56 pm

    support or resistance level @ 70-71??..is tat typo error u hv made?


  13. CB Says:
    February 2nd, 2010
    Posted at: 3:57 pm

    Hi Sriram, sorry! yes, i have corrected it now.


  14. Sriram Says:
    February 2nd, 2010
    Posted at: 3:59 pm

    yup thanx...tis is my first trade..hoping it will bounce back provided mkt supports it..hoping t best :)


  15. CB Says:
    February 2nd, 2010
    Posted at: 4:01 pm

    Hi Sriram, :) sure.. it will..


  16. Akila Says:
    February 2nd, 2010
    Posted at: 4:01 pm

    Hi CB Good Afternoon.... doing post mortem of the market ...though it is the one which has killed me!

    Please tell me possible near target for IVRCL... holding at 338, failed to book loss at 330 today, and now it is 320...also pl tell for RIIL.. it is down almost 150rs from my purchase price just 2-3 weeks ago...

    Can Samyak Intnl be bought now (for 1-2 years holding)as it is in upper circuit today after months of continous downcircuits.....

    Koutons is still the only bright spot in my portfolio... all others down around 20-40%

    Pl advice n have a nice day

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