Quotes with Resistance & Support
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Intraday calls for 08-02-10

Posted on: February 8th, 2010 at 8:15 am

Markets likely to see a flat opening. Support for nifty is at 4680 and resistance at 4800

Buy Magma Fincorp Ltd at 221.50, target: 230. Stoploss: 216. – (exit positions at 219.50)

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527 Responses

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  1. tnl Says:
    February 8th, 2010
    Posted at: 12:28 pm

    Karthik, Im also holding vsnl at 340..when can i avg..or shal i exit?


  2. RLN Says:
    February 8th, 2010
    Posted at: 12:29 pm

    Magma @219/ for intraday bought. Shall I book loss or wait for some more time


  3. tuffmoney Says:
    February 8th, 2010
    Posted at: 12:29 pm

    HI CB,

    one more question.. reaction to the gdp estimate? do we know what is the number at? is it 7.2 correct and will it pull markets up?


  4. Manish Says:
    February 8th, 2010
    Posted at: 12:32 pm

    @ abc ........ u will earn good bucks in 1-2 operator stocks and then loose good bucks in 2-3 operator stcks....so buy good fundamental stcks


  5. Inder Says:
    February 8th, 2010
    Posted at: 12:34 pm

    Dear Kartik
    Is Shree ashtavinak is good deal at @20?
    Is it going to see that level tday only
    Also Is Magnum finance is worth @ cmp i.e 215.50


  6. krishnan Says:
    February 8th, 2010
    Posted at: 12:35 pm

    Hi CB, Any intra day target for Unitec and Godrej Ind plz?


  7. Manish Says:
    February 8th, 2010
    Posted at: 12:35 pm

    i had sold atvinayak at 27 brought at 77 ( before bonus) .. When i can buy it again. ?


  8. viji Says:
    February 8th, 2010
    Posted at: 12:35 pm

    what is difference btw future nifty points & spot nifty points,is it -4 or +4i.e if spot current nifty is4685.60 than future nifty will be 4681 or 4689 clear me


  9. rakesh Says:
    February 8th, 2010
    Posted at: 12:36 pm

    hi karthik,
    What do you suggest for 4900 call, bought at 74 now 37-38


  10. SRINIVASAN Says:
    February 8th, 2010
    Posted at: 12:36 pm

    DEAR KARTHIK
    BPCL @ 296 WHT CAN I DO?


  11. raj Says:
    February 8th, 2010
    Posted at: 12:36 pm

    Hi Kartik, target for Sanwaria in coming days....???. and can i enter PVP Vent. @ cmp? Please guide


  12. Rushi Says:
    February 8th, 2010
    Posted at: 12:38 pm

    CB can short tata steel in small qty.


  13. Manish Says:
    February 8th, 2010
    Posted at: 12:38 pm

    nifty holding above 4680 . Do u see it a sign of recovery ?


  14. ROI Says:
    February 8th, 2010
    Posted at: 12:39 pm

    Can I buy relaince industries at CMP which is trading at around 980 and if yes then shld be my target in short time to gain max profit like with a month or two.

    thanks


  15. shiva Says:
    February 8th, 2010
    Posted at: 12:40 pm

    can i apply for hathway IPO?


  16. CB Says:
    February 8th, 2010
    Posted at: 12:40 pm

    Hi tnl, as of now hold it.. dont avg yet

    Hi RLN, exit it around 216-217 for now

    Hi tuffmoney, yes. numbers are good

    Hi Inder, dont enter magnum yet. shree ashtavinayak can be bought in small quantity

    Hi krishnan, they are likely to remain flat today

    Hi Manish, buy around 18-19

    Hi viji, if future is -4 then this indicates some weakness

    Hi rakesh, as of now hold it.. keep sl at 4680

    Hi SRINIVASAN, as of now its a hold

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