Intraday calls for 02-28-11
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
Nifty Future/Index 1,5,10,15 minute Realtime Charts with TOP Indicators – Click to view
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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.
Kb Says:
February 28th, 2011
Posted at: 5:08 pm
Hi CB, hi chummy :)
CB Says:
February 28th, 2011
Posted at: 5:09 pm
Hi Kb, Good evening.. whats up
Kb Says:
February 28th, 2011
Posted at: 5:11 pm
Hi CB, Good evening :). .. have u traded today?
Kb Says:
February 28th, 2011
Posted at: 5:14 pm
Hi CB, Byee .. take care..
Rahul Says:
February 28th, 2011
Posted at: 5:24 pm
Whats target for DLF in this weak????????/
geethika Says:
February 28th, 2011
Posted at: 5:30 pm
HAI FRIENDS
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
CB Says:
February 28th, 2011
Posted at: 5:31 pm
Hi geethika, Good evening.
geethika Says:
February 28th, 2011
Posted at: 5:33 pm
PAGE INDUSTRIES MAY FLUCTUATE TOMMORO
SURESH Says:
February 28th, 2011
Posted at: 5:33 pm
can i buy hindalco lot for march
shiva Says:
February 28th, 2011
Posted at: 5:36 pm
CB..can I buy powergrid 105 call??
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.
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.
thavva Says:
February 28th, 2011
Posted at: 5:53 pm
Thanks CB/Kartik.
Holding ICICI Bank 1000 CE @ 41. Shall I hold it?
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