Quotes with Resistance & Support
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Intraday calls for 04-02-09

Posted on: February 4th, 2009 at 9:28 am

Buy Eicher Motors at 228, target: 238. Stoploss: 224.
Buy Alok Industries at 17.30, target: 18.40. Stoploss: 16.90

If markets show weakness later during the day, short sell: Reliance Petroleum below 82.

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130 Responses

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  1. CB Says:
    February 4th, 2009
    Posted at: 11:37 am

    Hi narendra.bagrecha, i already replied to your comment.. - hold it with a sl of 16.90..or you could also keep it for 2-3 days..


  2. CB Says:
    February 4th, 2009
    Posted at: 11:38 am

    Hi Deepak, sure.. i will..


  3. rashmin Says:
    February 4th, 2009
    Posted at: 11:43 am

    cb ntpc 178.85. what happen.


  4. CB Says:
    February 4th, 2009
    Posted at: 11:44 am

    Hi rashmin, hold it.. Markets taking a pause at current levels.. maybe some more upmove later as global queues look good.


  5. Raj Says:
    February 4th, 2009
    Posted at: 11:46 am

    Hi Cb, How is Suzlon looking ..


  6. A.U Says:
    February 4th, 2009
    Posted at: 11:47 am

    Hi CB, can i short DLF or Unitech for today.


  7. RAJESH SHENOI Says:
    February 4th, 2009
    Posted at: 11:50 am

    good morning all


  8. CB Says:
    February 4th, 2009
    Posted at: 11:51 am

    Hi Raj, it can touch 47 in short term.. some resistance at 50-52 levels..

    Hi A.U, if Nifty breaks 2800, yes..


  9. CB Says:
    February 4th, 2009
    Posted at: 11:53 am

    Hi RAJESH SHENOI, Good morning..


  10. RAJESH SHENOI Says:
    February 4th, 2009
    Posted at: 11:53 am

    sir please give me strategy for canarabank,relcapital,rpower,federalbank


  11. narendra.bagrecha Says:
    February 4th, 2009
    Posted at: 11:53 am

    thanks for reply , I would like -to -hear on RCOM & -RNRL I am long


  12. Govindakrishna Says:
    February 4th, 2009
    Posted at: 11:54 am

    Sir
    How are the following stocks for short term

    Wellpack Containers
    Kilburn Engineering
    Punjab Alkalies
    Winsome yarns


  13. CB Says:
    February 4th, 2009
    Posted at: 11:56 am

    Hi RAJESH SHENOI, Canara bank can touch 183.. it has resistance at 187.. Rpower looks weak.. it will do well above 110.. relcap can touch 400 in short term. i am not sure about Federal bank


  14. DM Says:
    February 4th, 2009
    Posted at: 11:57 am

    Will the Market move up from this levels?
    What will be trend... ?


  15. CB Says:
    February 4th, 2009
    Posted at: 11:59 am

    Hi narendra.bagrecha, Rcom has very strong support at 150.. it can touch 175 in short term. RNRL looks weak below 48


    Hi Govindakrishna, if you have not bought them i would advice to wait for some more time before buying into.. Small cap stocks will not see buying interest come in soon.. it will take some time.


  16. CB Says:
    February 4th, 2009
    Posted at: 12:00 pm

    Hi DM, we are testing 2830-2840.. if we manage to stay above this level for some time we could see 2950 in short term..

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