Quotes with Resistance & Support
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Intraday calls for 06-02-12

Posted on: February 6th, 2012 at 8:30 am

Markets likely to open a bit higher. Resistance for nifty is at 5360.

Buy Thermax ltd at 522, target: 535. Stoploss: 510 – (Continue to hold Thermax for a day more.)

Trade in small quantities.

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492 Responses

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Comment pages: 232425262728293031Show all

  1. SM Says:
    February 6th, 2012
    Posted at: 10:00 pm

    Hi DJ, yes, rel cap and nifty, great


  2. DJ Says:
    February 6th, 2012
    Posted at: 10:06 pm

    Sm
    i hope u mean it.booked profit in Jp @79.thinking of going long on m&m.holding rel capital long.hoping to exit nr 415-418.


  3. Revan Says:
    February 6th, 2012
    Posted at: 10:09 pm

    Hi CB Last time you and Abdula predicted about hindalco (@ 146 level ) it will came near about 125 level but hindalco is still at 156 level ????????


  4. deep Says:
    February 6th, 2012
    Posted at: 10:16 pm

    Hi CB/Kartik,
    Long on tata motors future.please suggest for tomorrow.


  5. rahul Says:
    February 6th, 2012
    Posted at: 10:26 pm

    hi kartik can i go long mahindra n mahindra last two days it closing above 710 resistance


  6. SM Says:
    February 6th, 2012
    Posted at: 10:40 pm

    Hi Revan, The prediction was done on 27th January 2012 (friday). Data available with us was till that day. Now, did I ever said then, that Hindalco will come near about 125 level? Deepak Bedi was asking me whether Hindalco was showing some kind of weakness or not. I replied that 7DMA (then) was at 142.50, which will act as support. Then lower, major support was at 136.30. I also said, all popular indicators in charts showed no weakness whatsoever. Finally, I said to Deepak Bedi that if 142.50 and 136.30 are broken, we CAN THINK of 125-130 levels. Now, have a look at the chart of Hindalco today. After 27th January, did Hindalco for once even, broken 136.30? NO. The low of Hindalco on 31st was exactly 136.30. And you know where Hindalco stands today.
    Requesting you to go through my post on Hindalco on 27th January 11:16 pm again :)


  7. rahul Says:
    February 6th, 2012
    Posted at: 10:41 pm

    hi kartik as you told 2 days back tcs came near 1200 level today

    will tcs doing well last 3 days ll it cross the resistance tomo 1210 level or can i book tomo


  8. sujeet Says:
    February 6th, 2012
    Posted at: 10:52 pm

    hi cb i bought thermax ltd in 522 what happent tommorrow


  9. Ganesh Says:
    February 6th, 2012
    Posted at: 10:59 pm

    Hi Kartik,
    I m holding Vijaya bank, Uco bank,HCC & Hindalco hold r Book profit pls advice ?


  10. Kartik Says:
    February 6th, 2012
    Posted at: 11:04 pm

    Hi vipul, keep a tight SL at 1400 for it

    Hi DJ, resistance at 70, dont enter it at CMP yet

    Hi Revan, if Markets remain strong, Large caps shall be the first to bounce off

    Hi deep, can see 254, hold with a traling SL at 250 for now

    Hi rahul, keep a traling Sl at 1185 and hold it, seems may trade flat tomorrow

    Hi sujeet, didnt seem to work out today, if holding keep a tight SL at 498


  11. rahul Says:
    February 6th, 2012
    Posted at: 11:09 pm

    hi kartik good evening
    can i go long mahindra n mahindra last two days it closing above 710 resistance it can see 750 level in coming days


  12. DJ Says:
    February 6th, 2012
    Posted at: 11:15 pm

    Thx Kartik
    wat abt hdil?can i go long on it tmrw on. any dip or rise?


  13. Prabhat Says:
    February 6th, 2012
    Posted at: 11:21 pm

    Hi CB,

    I am holding VIP@170, Rolta@81 and [email protected] advice me the target and best time to exit from these stocks..


  14. arun bj Says:
    February 6th, 2012
    Posted at: 11:26 pm

    hi kartik siemens looks good for tomo intraday...?


  15. SM Says:
    February 6th, 2012
    Posted at: 11:42 pm

    Hi Kartik, Thanks :)


  16. SM Says:
    February 6th, 2012
    Posted at: 11:48 pm

    Hi DJ, hmmm. supp zone at 700-705 fut level for m&m. better to make an entry on a dip

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