Quotes with Resistance & Support
Market Information

Intraday calls for 04-02-11

Posted on: February 4th, 2011 at 8:27 am

Markets likely to open flat, resistance at 5560, support 5390

Buy Aban offshore at 671, Target: 685, SL 660 – (book profits at 684)

11.02 AM – Buy Tata motors 1150 Put at 47, target: 55. Stoploss: 1210 – (book profit at 55.20)

2.15 PM – sell pnb fut at 1063 target: 1045. Stoploss: 1080 – (book profit in pnb short at 1045)

Nifty Index/Future Live Chart with RSI, MACD, Slow Stochastic – Click to view

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710 Responses

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  1. CB Says:
    February 5th, 2011
    Posted at: 9:15 pm

    Hi Mrs Kiran S, yes, if nifty holds onto 5380, we can expect a bounce back to 5450-5480. hold it for now. seems markets may open a bit higher on Monday.


  2. airbites Says:
    February 5th, 2011
    Posted at: 9:21 pm

    Hi CB,

    CB due to market very negative i holded back buying ICICI Bank futures. My holding capacity is 1 week max, so now what should be my strategy. At what levels shall i buy and when to book loss... request to calculate and tell me...


  3. CB Says:
    February 5th, 2011
    Posted at: 9:24 pm

    Hi airbites, it has strong support at 990-1000 levels. for now would advice to hold. keep strict sl at 985. if breaks 985 can see 950. on the upside can head upto 1030 if markets improve a bit.


  4. AJ Says:
    February 5th, 2011
    Posted at: 9:33 pm

    Has JUBL FOODS corrected enough?
    How do you see its results on monday?


  5. CB Says:
    February 5th, 2011
    Posted at: 9:54 pm

    Hi AJ, does look a bit weak as of now. seems can test 460-470. don't enter it yet.


  6. AJ Says:
    February 5th, 2011
    Posted at: 9:59 pm

    how do you see charts of JINDAL STEEL?? can it recover to 670+ soon?


  7. CB Says:
    February 5th, 2011
    Posted at: 10:23 pm

    Hi AJ, finding strong support near 630. likely to see a bounce from here. hold for now


  8. Aman Says:
    February 5th, 2011
    Posted at: 10:25 pm

    HI CB..
    Gud evening.
    Did u see Investor Marathon on CNBC.. What did u like abt it.. Any stock did u like from their recomendations for investment .


  9. CB Says:
    February 5th, 2011
    Posted at: 10:26 pm

    Hi Aman, Good evening.. no.. did not get a chance to see it.


  10. Tejas Says:
    February 5th, 2011
    Posted at: 10:39 pm

    Hi CB, sir

    corrected:above msg i have corrected.

    sir good news for you, i became an MBA. today my result was there and have cleared ....and selected as rural asist.divisional manager in Axis bank..


  11. MICKY Says:
    February 5th, 2011
    Posted at: 10:42 pm

    Tejas congrats .


    Cb can we short m and m , HCLTEC and rcom on monday ..do u see the downside


  12. Aman Says:
    February 5th, 2011
    Posted at: 10:45 pm

    Diff Advisors recomnd-Delta, Mahindra Holidays,Infosys,TCS,HCL, Page Ind, Duncans, Agro Tech, Talwalkars,Hindalco..


  13. Tejas Says:
    February 5th, 2011
    Posted at: 10:50 pm

    Hi MICKY, thanks too ..


  14. Venkatagee Says:
    February 5th, 2011
    Posted at: 11:08 pm

    Hi CB

    Reliance Industries for Monday?

    Any bounce likely?


  15. CB Says:
    February 5th, 2011
    Posted at: 11:24 pm

    Hi Tejas, that's great! congrats and best of luck

    Hi MICKY, one can go short on hcl below 477. dont short others yet

    Hi Aman, of the list page ind and talwalkars are good bets.. IT has rallied quite a bit. not sure of entering at current levels.

    Hi Venkatagee, if opens 8-10rs lower one can enter it with sl near 890. dont enter at cmp yet.


  16. Tejas Says:
    February 5th, 2011
    Posted at: 11:28 pm

    Hi CB, sir if you will guide me i shall be success from hear after i m changing my name in nseguide.com . as MBA Tejas ok

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