Quotes with Resistance & Support
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Intraday calls for 08-02-11

Posted on: February 8th, 2011 at 8:27 am

Markets likely to open flat, Support for Nifty is at 5365 and resistance at 5440

Buy Glenmark Pharma around 296, Target: 305, SL 290

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662 Responses

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  1. intraday Says:
    February 8th, 2011
    Posted at: 11:18 am

    Hi KSK and gayaram,

    Go with a hedging...purchase 5200 PE @42....if markets goes down then we will get a gud price frm 5200 PE,....n if goes high then frm 5500 CE...


    regds


  2. arjun_chauhan Says:
    February 8th, 2011
    Posted at: 11:19 am

    Hi CB, what is ur view on RICO AUTO?? can it see 2021 by next week??

    Thanks


  3. p.banerjee Says:
    February 8th, 2011
    Posted at: 11:19 am

    wherether unitech will recover today?


  4. CB Says:
    February 8th, 2011
    Posted at: 11:22 am

    Hi p.banerjee, no, seems may remain a bit weak today

    Hi arjun_chauhan, has good support at 17.60. if markets improve a bit, can see 20

    just came online


  5. SAGAR Says:
    February 8th, 2011
    Posted at: 11:22 am

    Hi SAI, GOODMORNING


  6. AjayS Says:
    February 8th, 2011
    Posted at: 11:22 am

    hi cb sir, i have bought glenmark on 299 rs. should i hold or wait?


  7. ravi Says:
    February 8th, 2011
    Posted at: 11:22 am

    sir sd i exit all my positions or wait


  8. SAI Says:
    February 8th, 2011
    Posted at: 11:23 am

    HI YOGI. WHATS YR OPINION ON HOLDING CALLS. 5500 CE & 5800CE. STILL HOLD OR EXIT. OR HV TO HEDGE WITH PUTS


  9. Siraj Says:
    February 8th, 2011
    Posted at: 11:23 am

    long Nifty at 5380 should i bought a new lot at 5350 to Avg 5365


  10. gayaram Says:
    February 8th, 2011
    Posted at: 11:24 am

    Hi intraday, thank yu so much


  11. apoorv Says:
    February 8th, 2011
    Posted at: 11:24 am

    bought 600 glenmark @297 do u think it will reach the target on da back of gud results


  12. CB Says:
    February 8th, 2011
    Posted at: 11:25 am

    Hi AjayS, its a hold for now

    Hi ravi, for now lets wait. if possible hedge them with a put

    Hi Siraj, ok. dont avg more now. for now hedge it with a 5300 put.


  13. askimaskitoss Says:
    February 8th, 2011
    Posted at: 11:25 am

    Derivatives Desk>> AXISBANK 1st TGT ALMOST REACHED.. BELOW 1200 KEEP 2nd TGT OF 1192


  14. chanty Says:
    February 8th, 2011
    Posted at: 11:25 am

    Hi CB,
    sir i have sold feb nifty 5415
    where should i book profit


  15. Akash Says:
    February 8th, 2011
    Posted at: 11:25 am

    Hi CB, Wht abt RS Software? Can we buy at cmp (5% down).


  16. SAGAR Says:
    February 8th, 2011
    Posted at: 11:26 am

    Hi SAI, Dont buy puts as of now. we have support levels here @ 5355 ; below that we can see 5330 ;

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