Quotes with Resistance & Support
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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. Harvinder Says:
    February 6th, 2009
    Posted at: 2:01 pm

    It means if no bad news on weekend, Monday will be again a rally?


  2. CB Says:
    February 6th, 2009
    Posted at: 2:02 pm

    Hi Harvinder, yes, it is possible..


  3. Anil Says:
    February 6th, 2009
    Posted at: 2:05 pm

    JP is still not moving. Any chance??


  4. DM Says:
    February 6th, 2009
    Posted at: 2:06 pm

    Will nifty move higher from here?


  5. deba Says:
    February 6th, 2009
    Posted at: 2:06 pm

    sir i have shipping co-opration of india limited ka rs85 pe 50 share hai
    what to do
    i took it for intraday
    hold or sell at current?


  6. CB Says:
    February 6th, 2009
    Posted at: 2:08 pm

    Hi Anil, hold it till end of trade.. hopefully should show some upmove..

    Hi DM, if 2840 hold, chances are it wil...

    Hi deba, hold it.. keep a stoploss of 83.


  7. CB Says:
    February 6th, 2009
    Posted at: 2:08 pm

    I WILL BE BACK IN 1 HOUR...


  8. rupesh Says:
    February 6th, 2009
    Posted at: 2:12 pm

    sir i have shipping co-opration of india limited ka rs84.5 pe 200 share hai

    hold or sell at current?


  9. Mano Says:
    February 6th, 2009
    Posted at: 2:20 pm

    I wonder if you are an artist or scientist with technicals!!!! Great predictions with Nifty 2840


  10. Tipguru Says:
    February 6th, 2009
    Posted at: 2:41 pm

    Can i hold sci?@84


  11. VT Says:
    February 6th, 2009
    Posted at: 2:43 pm

    Buy calls on NSE:

    SAGAR CEMENTS LTD.
    HB STOCKHOLDINGS LIMITED
    SIMBHAOLI SUGARS LIMITED
    ADHUNIK
    NELCO LIMITED
    DYNACONS SYSTEMS & SOLUTIONS LTD.


  12. VT Says:
    February 6th, 2009
    Posted at: 2:47 pm

    Buy calls on BSE:-

    ROLLATAINER
    Bombay Bar.Road
    PAL Credit & Cap
    Systematix Corp.
    UV DER HORST
    Jaypee Hotels
    Asian Tea & Exp
    SREI Infra. Fin.
    G S Auto Interna
    Hind.Motors


  13. Manthan Says:
    February 6th, 2009
    Posted at: 2:51 pm

    Hi,CB what u say if Nifty close below 2830.00 so what is look on monday.(up or Down)


  14. Ranga Says:
    February 6th, 2009
    Posted at: 3:03 pm

    I tok punj at 86, now avg came to 135. now will wait for it. How long it may take to exit safely from this??


  15. Kanailal Says:
    February 6th, 2009
    Posted at: 3:44 pm

    Techniclly market is in upmove. If global market supports it can move upto 2950 by Wednesday. Your views ? I am depended on your assesment


  16. CB Says:
    February 6th, 2009
    Posted at: 3:54 pm

    Hi rupesh, Sorry was not online before so could not reply..

    Hi Mano, thanks for the compliment..

    Hi Tipguru, Sorry was not online before so could not reply..

    Hi VT, so many of them..

    Hi Manthan, yes.. close above 2840 is good.. hope global markets dont turn weak on Monday..

    Hi Ranga, hold it for 4-5 months..

    Hi Kanailal, yes.. 2950 is on cards..

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