Quotes with Resistance & Support
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Intraday calls for 04-02-13

Posted on: February 4th, 2013 at 8:30 am

Markets likely to open higher, resistance for Nifty at 6080

Buy Dr Reddys Laboratories around 1940, Target: 1965, SL 1925 – (SL triggered in DrRedddys)

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247 Responses

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  1. cerulean Says:
    February 4th, 2013
    Posted at: 4:04 pm

    Hi CB, GE ! The data for to day ...
    10:00 GMT Eurozone Producer Price Index m/m
    15:00 GMT United States Factory Orders m/m

    Have a nice evening ! God bless you.


  2. sonu Says:
    February 4th, 2013
    Posted at: 4:37 pm

    Hi Kb trader, Sir Thanks a lot , I booked profit of 20% in 6 lots of 5900 PUT .
    Hi Suneelr , So far the Bearish view on Nifty of KB TRADER Sir is going right . And also helped me to hold my PUTs and book profit appropriately . And as far as 5000 Target is concerned . If Nifty breaks trend line support of 5900 (Bank Nifty has already broken trend line support ) , it may fall to next major support of 5700 . And if you notice the Neck line of Head & shoulder pattern is near 5630-50 [ Head is @ 6112 , top right shoulder is @ around 5900 and bottom of right shoulder is @ around 5630] . If neck line of this Head & Shoulder pattern i.e. 5630 is broken , then it may test 5200 and 5000 . This is quite possible in long term . And I believe KB TRADER Sir has posted a "LONG TERM BEARISH VIEW" . You can please correct me , if I may be wrong . Here on this site all are my good friends including you . So don't feel bad and don't keep any thing in your mind or heart .


  3. bhat85 Says:
    February 4th, 2013
    Posted at: 4:47 pm

    What is your view on the Nifty where is it heading?


  4. CB Says:
    February 4th, 2013
    Posted at: 5:11 pm

    Hi bhat85, seems can test support at 5950

    Hi cerulean, Good evening.. thanks for the updates

    Hi vikash, just came online

    Hi ziakay, can go with raymond short for now.

    Hi vijaykumar, its a hold for short term. may need to add few more on dips in coming days

    Hi SURAJIT PATRA, its a hold for few days. technically is in an uptrend. seeing some profit booking. likely to bounce back in coming days

    Hi Chandan, just came online

    Hi rajesh, yes, its a hold for now. hedge with a 5900pe

    Hi vickys, yes, can add some of mastek here. dont enter hexaware again.

    Hi taj, Good afternoon


  5. suneelr Says:
    February 4th, 2013
    Posted at: 5:25 pm

    Hi sonu, i asked him to tell reason for nifty at 5000 by yearend which is impossible.this is nothing but creating fear in investors.i told in yest message to accumulate longs in fall,i did not say market will not fall inch.i only requested you not to believe 5000 mark rumors.ask cb if 5000 is possible in 2013?
    you keep shortin as per great personalities suggestions.no issues


  6. sidquanto Says:
    February 4th, 2013
    Posted at: 5:28 pm

    NIFTY 04-Feb-2013
    Current Market Situation :

    NIFTY current close : 5987
    NIFTY resistance level : 6158
    NIFTY support level : 5912
    NIFTY sentiment : positive
    NIFTY dominant cycle period : 18 days


    Levels Tomorrow :

    NIFTY intraday resistance 1 : 6012
    NIFTY intraday resistance 2 : 6041
    NIFTY intraday resistance 3 : 6083

    NIFTY intraday support 1 : 5962
    NIFTY intraday support 2 : 5933
    NIFTY intraday support 3 : 5891

    for more log onto
    Markets Quantified


  7. vickys Says:
    February 4th, 2013
    Posted at: 5:29 pm

    Hi CB Sir ,

    Short Jubilant foodwork @ 1134 Rs FUT ? At what level i should cover my short. plz advice.


  8. suneelr Says:
    February 4th, 2013
    Posted at: 5:33 pm

    Hi CB, if you want to delete troubling messages please maintain it equally for everyone.dont delete answers by keeping questions visible nd there is no room for honesty here.


  9. Kartick Says:
    February 4th, 2013
    Posted at: 5:36 pm

    CB,

    Pantaloons good to enter at current CMP? looking for 3-5 trading sessions ...


  10. CB Says:
    February 4th, 2013
    Posted at: 5:45 pm

    Hi sidquanto, thanks

    Hi vickys, it can test 1100

    Hi suneelr, sure, maybe was not online at that time.

    Hi Kartick, no, not yet. wait for some more dip


  11. sonu Says:
    February 4th, 2013
    Posted at: 5:54 pm

    Hi suneelr, Ok thanks .


  12. SURAJIT PATRA Says:
    February 4th, 2013
    Posted at: 6:08 pm

    HI CB, INDIA BULL FINANCE TOMMORROW CAN TOUCH 320/- ANY HOPE SIR


  13. pavan Says:
    February 4th, 2013
    Posted at: 6:13 pm

    Hi CB, my holding reliance 940 ce at 9:80 , now 6:50 what to do sir please tell me sir


  14. pavan Says:
    February 4th, 2013
    Posted at: 6:16 pm

    Hi CB, my holding tata motors 320 ce at 3:80 , now 3:30 what todo sir please tell me sir


  15. Kb trader Says:
    February 4th, 2013
    Posted at: 6:30 pm

    Hi sonu, most welcome. .yeah.. that's a long term view. if breaks and holds above 6220 levels, will again look to it.. till that time will hold on to that view. . and if it happens, it wont go down in a day/ month, will take plenty of time.. bounce backs & range bounds..

    hello cb & everybody.. i will be back after some time. may be after couple of weeks.. byee. . tc


  16. CB Says:
    February 4th, 2013
    Posted at: 6:39 pm

    Hi SURAJIT PATRA, it has good support at 307-308 levels. can expect a bounce from here.

    Hi pavan, it does have strong support near 880 levels. hold onto it for now. can see a bounce from here. tata motors has strong support at 285 levels. hold for now. can see a bounce from here

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