Quotes with Resistance & Support
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Intraday calls for 03-02-10

Posted on: February 3rd, 2010 at 8:18 am

Markets likely to see a slightly higher opening. Support for nifty is at 4800 & resistance at 4970.

Buy McDowell Holdings Ltd above 96.90 target: 100. Stoploss: 95. (hold it for 1-2 days for a target of 104)

9.25am – buy micro inks at 629 target 645. stoploss: 619 – (Book partial profits at 648 and hold rest with trailing sl 643)

12.19am – buy Balkrishna industries at 607, target: 617-620, sl 596 (Hard luck – hits target after hitting sl)

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607 Responses

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  1. Lata Says:
    February 3rd, 2010
    Posted at: 1:48 pm

    cb, the above call balkrishan went beyond its SL, canwe hold it for tomorrow


  2. Hemant Says:
    February 3rd, 2010
    Posted at: 1:48 pm

    should i short nifty now


  3. LP Says:
    February 3rd, 2010
    Posted at: 1:55 pm

    Hang Sang up 2.2%, Nikkei up 0.3%, European mkt up 0.2% each, Both Dow and Nasdaq Fut up 0.2% each, Base metal price on LME gained nearly 1-2% each, Oil flat up 0.6% at $77.7 and Rupee appreciated 15bps


  4. Kartik Says:
    February 3rd, 2010
    Posted at: 1:57 pm

    sorry guys just came now

    Exit from Balkrishna industries


  5. pankaj Says:
    February 3rd, 2010
    Posted at: 1:57 pm

    hi Cb, i bot 4900 & 4800 put today morning. wht to do, book losses or hold? thanx.


  6. Lata Says:
    February 3rd, 2010
    Posted at: 1:59 pm

    hi kartik, can we hold it for tomm....


  7. jeetu Says:
    February 3rd, 2010
    Posted at: 1:59 pm

    HI CB/karthick in having astec lifescience @ 74 can hold ?


  8. Vasanth Says:
    February 3rd, 2010
    Posted at: 2:00 pm

    CAn i but Tata Steel @ cmp for intraday??


  9. MANI Says:
    February 3rd, 2010
    Posted at: 2:00 pm

    WHAT IS THE STOPLOSS FOR RAJESH EXPORTS I SHORTED @105 IT NOW MOVING UPWARDS


  10. Kartik Says:
    February 3rd, 2010
    Posted at: 2:01 pm

    Hi Tulika, exit 50% of it at CMP, and hold the rest for 1-2 days time

    Hi Vasanth, no, dont enter it now

    Hi jeetu, hold it for Short term

    Hi Lata, yes, hold it

    Hi pankaj, hold them with a SL at 5000 on Nifty


  11. Pardhasaradhi Says:
    February 3rd, 2010
    Posted at: 2:02 pm

    i have nalco at 390. Kindly letus know the maximum level we can expect for today. thanks in advance


  12. Kartik Says:
    February 3rd, 2010
    Posted at: 2:02 pm

    Hi MANI, hold it with a SL at 110


  13. Rupesh Says:
    February 3rd, 2010
    Posted at: 2:03 pm

    HI CB/karthick

    what is target amtek india


  14. Kartik Says:
    February 3rd, 2010
    Posted at: 2:03 pm

    Hi Pardhasaradhi, around 396


  15. Shads Says:
    February 3rd, 2010
    Posted at: 2:04 pm

    HI CB,
    HAS THE POSITIVE TREND FOR THE MARKET STARTED OR THERE IS SOME MORE CORRECTION IN THE COMING DAYS?
    THANKS!


  16. MANI Says:
    February 3rd, 2010
    Posted at: 2:04 pm

    I DONT HAVE FUNDS SHOULD I EXIT FROM IT OR WAIT FOR SOME TIME ?

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