Quotes with Resistance & Support
Market Information

Intraday calls for 06-02-09

Posted on: February 6th, 2009 at 9:20 am

Markets likely to open higher. Nifty has resistance at 2840 and support at 2750.

Buy Shipping Corporation of India at 83.15, target: 88. Stoploss: 81
If markets show weakness later during the day, short sell: Aurobindo Pharma below 129.

There is a rumor that markets will see a surprise rally next week though technically markets look weak.

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173 Responses

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Comment pages: 34567891011Show all

  1. CB Says:
    February 6th, 2009
    Posted at: 11:36 am

    Hi Abhishek, it had resistance at 81.. it should move higher not sure whats stopping it..


  2. Abhishek Says:
    February 6th, 2009
    Posted at: 11:38 am

    thnx...
    whts the expected target for me. I've [email protected]..


  3. Geetha Says:
    February 6th, 2009
    Posted at: 11:40 am

    Can i buy jp ass @70.80
    How is the result of Ambuja Cements?


  4. CB Says:
    February 6th, 2009
    Posted at: 11:40 am

    Hi Abhishek, target is 88..


  5. Anil Says:
    February 6th, 2009
    Posted at: 11:40 am

    want to square of today itself. shall i wait for some more time or do it at cmp?


  6. CB Says:
    February 6th, 2009
    Posted at: 11:41 am

    Hi Geetha, its a buy above 73..

    Hi Anil, wait till 2pm..


  7. VVDP Says:
    February 6th, 2009
    Posted at: 11:50 am

    GM...ANY NEWS ON ANSAL SIR


  8. CB Says:
    February 6th, 2009
    Posted at: 11:52 am

    Hi VVDP, nope


  9. aryan Says:
    February 6th, 2009
    Posted at: 11:54 am

    hi cb.,

    can we short purvankara at cmp


  10. CB Says:
    February 6th, 2009
    Posted at: 11:56 am

    Hi aryan, no dont go short at these levels.. markets look strong..


  11. Anil Says:
    February 6th, 2009
    Posted at: 11:57 am

    thks cb..


  12. koti Says:
    February 6th, 2009
    Posted at: 11:58 am

    Hi CB
    I have Eicher motors @ 248/share ..wht to do..
    should i book loss here ..now at 225


  13. CB Says:
    February 6th, 2009
    Posted at: 12:00 pm

    Hi Anil, most welcome..

    Hi koti, no, hold it for short term.. it will do well


  14. rajnish kumar Says:
    February 6th, 2009
    Posted at: 12:03 pm

    sir how do you think about nifty in feb series. with us stimulus Package of $935b in the coming session .will it cross 3000+ or 2700 - . any idea


  15. srv Says:
    February 6th, 2009
    Posted at: 12:05 pm

    dear cb!
    what abt aban for intraday? target pl.
    tks


  16. CB Says:
    February 6th, 2009
    Posted at: 12:07 pm

    Hi rajnish kumar, as long as we are above 2750 i would go with 3000..

    Hi srv, it can touch 430..

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