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. Murali Says:
    February 6th, 2009
    Posted at: 12:09 pm

    Why sudden fall SOBHA from 96 to normal? will it keep its resistance point 94?


  2. CB Says:
    February 6th, 2009
    Posted at: 12:11 pm

    Hi Murali, yes that is resistance level..


  3. VT Says:
    February 6th, 2009
    Posted at: 12:18 pm

    Hi CB


  4. CB Says:
    February 6th, 2009
    Posted at: 12:20 pm

    Hello VT,


  5. koti Says:
    February 6th, 2009
    Posted at: 12:20 pm

    Hi CB
    Wht is "BUYBACK BY COMPANY"...one of my frd telling i can do my shares of Eicher...


  6. DM Says:
    February 6th, 2009
    Posted at: 12:20 pm

    I am holding reliance @ 1320 and SBI @ 1121 what can be the target and SL for the same... ???


  7. CB Says:
    February 6th, 2009
    Posted at: 12:23 pm

    Hi koti, Company buys the shares from you at the rate they fixed.. you need to get in touch with your broker.

    Hi DM, hold both of them as of now.. once Nifty crosses 2840 we will see a good rally


  8. VT Says:
    February 6th, 2009
    Posted at: 12:24 pm

    Any Calls...


  9. koti Says:
    February 6th, 2009
    Posted at: 12:25 pm

    now r thy announced ....i have account in Sharekhan...


  10. CB Says:
    February 6th, 2009
    Posted at: 12:25 pm

    Hi VT, rel infra can touch 555..sl 537


  11. koti Says:
    February 6th, 2009
    Posted at: 12:32 pm

    hi CB
    Eicher has announced or not how can i know(BUYBACK BY COMPANY)...i have account in Sharekhan


  12. Nikhil Says:
    February 6th, 2009
    Posted at: 12:35 pm

    hi cb any call 4 intra now jus came now
    and wht u think of nifty, will it be up in comeing days due to US stimulus package


  13. Srinivas Says:
    February 6th, 2009
    Posted at: 12:36 pm

    hi CB, JP [email protected] (CMP:69.5) & SCI [email protected] (CMP 83.9) Hold or Sell ? TIA


  14. Abhishek Says:
    February 6th, 2009
    Posted at: 12:45 pm

    sci breaks 83.50.. shoul i hold...


  15. CB Says:
    February 6th, 2009
    Posted at: 1:04 pm

    Hi koti, Yes, the did.. at 691.. call Share khan they will explain the procedure..

    Hi Nikhil, Rel infra can touch 555.. yes, markets may see some upmove..

    Hi Srinivas, hold both of them..

    Hi Abhishek, hold it..


  16. Murali Says:
    February 6th, 2009
    Posted at: 1:08 pm

    Hi CB small doubt; as you said hold SCI; hold in the sense of converting from intraday to deliveries or wait for some time

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