Quotes with Resistance & Support
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Intraday calls for 09-02-09

Posted on: February 9th, 2009 at 11:04 am

Sorry for the delay.. Facing Electricity issues also backup not functioning.

Some technical calls for intraday:
Reliance infrastructure – Buy above 551, target: 563. Stoploss: 546
Tata Steel – Buy above 197, target: 202. Stoploss: 195.

Short sell: GAIL below 202, target: 196. Stoploss: 205

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119 Responses

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  1. hilay Says:
    February 9th, 2009
    Posted at: 12:29 pm

    I have ashok leyland at 23 and orient paper at 34. What should I do?


  2. VN Says:
    February 9th, 2009
    Posted at: 12:31 pm

    Hi CB,nikkei is more than 1% down and US futures is more than 100 points negetive. europe may also open negetive. Is is right but a 2800 put at current level.


  3. CB Says:
    February 9th, 2009
    Posted at: 12:31 pm

    Hi DM, Yes, buy it.. it did not go below 546..

    Hi Rudresh, it will take time for Suzlon to touch 50.. hold it for short term..

    Hi GANESH, I would advice to cover it and go short below 2750.. as of now markets are in an uptrend..

    Hi hilay, Hold them for med term and avg on dips.. they will do well in the long run..


  4. CB Says:
    February 9th, 2009
    Posted at: 12:32 pm

    Hi VN, we are positive because GDP numbers were good.. If Dow futures recover later and Europe opens flat we could see some more upmove..


  5. Anil Says:
    February 9th, 2009
    Posted at: 12:33 pm

    Bought Ranbaxy 1000 @ 227. Pls advise.


  6. CB Says:
    February 9th, 2009
    Posted at: 12:34 pm

    Hi Anil, hold it.. it can touch 231-232


  7. Anil Says:
    February 9th, 2009
    Posted at: 12:37 pm

    any SL?


  8. CB Says:
    February 9th, 2009
    Posted at: 12:38 pm

    Hi Anil, 225


  9. Anil Says:
    February 9th, 2009
    Posted at: 12:39 pm

    Thks CB


  10. K K Says:
    February 9th, 2009
    Posted at: 12:45 pm

    What is ur views on PTC and GAIL


  11. Nikhil Says:
    February 9th, 2009
    Posted at: 12:48 pm

    hi, CB GM
    can i buy sumthing now for intra


  12. CB Says:
    February 9th, 2009
    Posted at: 12:49 pm

    Hi K K, Gail has strong resistance at 207.. above this it can touch 220 in short term.. has good support at 202. PTC has strong resisatance at 66.. its a buy above 66


  13. CB Says:
    February 9th, 2009
    Posted at: 12:50 pm

    Hi Nikhil, Nifty has been in a small range all day till now.. If Nifty breaks 2870 buy Rel infra.. as of now no other call..


  14. narendra.bagrecha Says:
    February 9th, 2009
    Posted at: 1:02 pm

    by what time unitech will reach 50, 100 & 200 and ABan 500


  15. DM Says:
    February 9th, 2009
    Posted at: 1:05 pm

    Can I buy Educomp Please tell the buying price the target and SL...?


  16. CB Says:
    February 9th, 2009
    Posted at: 1:06 pm

    Hi narendra.bagrecha, It will take quite some time for Unitech to reach that level. Hold it for long term.. As and when economy shows improvement stocks will move higher.. If markets remain positive Aban can touch 500 in short term.

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