Quotes with Resistance & Support
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Intraday calls for 02-28-11

Posted on: February 28th, 2011 at 8:24 am

Markets likely to open flat. Support for Nifty is at 5260 and resistance at 5340.

Buy ABB at 674-678, target: 690. Stoploss: 663

1.44pm – book profit in nifty 5600 call at 76

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479 Responses

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Comment pages: 222324252627282930Show all

  1. CB Says:
    February 28th, 2011
    Posted at: 5:06 pm

    Hi thavva, may consolidate a bit. overall is a good long term bet

    Hi GEETHA, yes, not much for agri stocks in the budget. hold onto it for short term


    Hi Priyanka, yes. food articles were given more imp. educomp has turned weak. don't enter it yet

    Hi rajesh, has strong support near 1050 levels. can expect some bounce from here

    Hi Akash, yes. dont avg it. won't really move much unless nifty adds 200-250 points from here.


  2. Kb Says:
    February 28th, 2011
    Posted at: 5:08 pm

    Hi CB, hi chummy :)


  3. CB Says:
    February 28th, 2011
    Posted at: 5:09 pm

    Hi Kb, Good evening.. whats up


  4. Kb Says:
    February 28th, 2011
    Posted at: 5:11 pm

    Hi CB, Good evening :). .. have u traded today?


  5. Kb Says:
    February 28th, 2011
    Posted at: 5:14 pm

    Hi CB, Byee .. take care..


  6. Rahul Says:
    February 28th, 2011
    Posted at: 5:24 pm

    Whats target for DLF in this weak????????/


  7. geethika Says:
    February 28th, 2011
    Posted at: 5:30 pm

    HAI FRIENDS


  8. CB Says:
    February 28th, 2011
    Posted at: 5:30 pm

    Hi Kb, Good evening. not really. was holding a call from Friday which I exited

    Hi Rahul, can see 220. sl near 207


  9. CB Says:
    February 28th, 2011
    Posted at: 5:31 pm

    Hi geethika, Good evening.


  10. geethika Says:
    February 28th, 2011
    Posted at: 5:33 pm

    PAGE INDUSTRIES MAY FLUCTUATE TOMMORO


  11. SURESH Says:
    February 28th, 2011
    Posted at: 5:33 pm

    can i buy hindalco lot for march


  12. shiva Says:
    February 28th, 2011
    Posted at: 5:36 pm

    CB..can I buy powergrid 105 call??


  13. geethika Says:
    February 28th, 2011
    Posted at: 5:50 pm

    BUDGET
    The allocation for social sector has been increased by 17% to Rs. 1,60,887 crore which amounts to 36.4% of the total plan allocation. Bharat Nirman has been allocated Rs. 580bn. Remuneration for Anganwadi workers have been increased to Rs. 3,000 per month from Rs. 1,500 per month while the Anganwadi helpers will get Rs. 1,500 per month. This will be effective from 1st April 2011 benefiting about 22 lakh Anganwadi workers and helpers.


  14. geethika Says:
    February 28th, 2011
    Posted at: 5:52 pm

    Underlining the need to strengthen Public Sector Banks (PSBs) the Finance Minister proposed to provide Rs. 60bn to maintain tier 1 capital to risk weighted asset ratio. He also proposed to infuse Rs. 5bn into Regional Rural Banks (RRB). A Women’s Self Help Groups Development Fund with a corpus of Rs. 5bn is proposed to be created. He also proposed to create a micro finance equity fund of Rs. 1bn with Small Industrial Development Bank of India (SIDBI) for providing equity to smaller micro finance institutions. Rs. 30bn crore will be provided to NABARD to help handloom weaver cooperative societies to become financially viable.


  15. thavva Says:
    February 28th, 2011
    Posted at: 5:53 pm

    Thanks CB/Kartik.

    Holding ICICI Bank 1000 CE @ 41. Shall I hold it?


  16. CB Says:
    February 28th, 2011
    Posted at: 6:12 pm

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

    Hi shiva, not yet. enter once crosses 100

    Hi geethika, thanks

    Hi thavva, yes, hold it. keep sl near 955-960

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