Quotes with Resistance & Support
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Intraday calls for 12-02-13

Posted on: February 12th, 2013 at 8:15 am

Markets likely to open flat, Support for Nifty at 5830 and resistance at 5950

Sell Jindal steel around 406, Target: 395, SL 412 – (Book profit in Jindal Steel at 395.50-396)

1.21pm – Buy Larsen & Tubro above 1501, target: 1525. Stoploss: 1485 – (Continue to hold LT for btst. )

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314 Responses

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  1. ravii Says:
    February 12th, 2013
    Posted at: 10:37 am

    thnks for your info cb sir...........

    wat about jm financial ltd?????


  2. SS Says:
    February 12th, 2013
    Posted at: 10:38 am

    Hi CB, GM

    Im long on REC and Telco.both in loss. What cud be todays tgt for these ?


  3. AJ Says:
    February 12th, 2013
    Posted at: 10:38 am

    HIND COPPER crashing down :(


  4. RD Says:
    February 12th, 2013
    Posted at: 10:39 am

    Thnks CB,,,n Wats ur opinion r DLF bought in 266 today


  5. CB Says:
    February 12th, 2013
    Posted at: 10:40 am

    Hi ravii, most welcome. it has strong support at 17.50-18 levels. if holds onto it, can see a bounce back from here

    Hi SS, rec can see 245. telco around 296. hold for now

    Hi AJ, yes, technically does look a bit weak. hold with sl for now.


  6. CB Says:
    February 12th, 2013
    Posted at: 10:41 am

    Hi RD, its a hold with sl at 262.50 for now. can test 269 if markets remain flat/ strng.


  7. dak Says:
    February 12th, 2013
    Posted at: 10:42 am

    CB, what happened to unitec suddenly ?
    yesterday the 37.5 CE was Re. 1 - today crashed to 0.15 !!!

    Is it a buy ? is any bounce expected ?


  8. vinit Says:
    February 12th, 2013
    Posted at: 10:43 am

    CB Sir,,, great call on jindal steel... booked profit.. thanks a lot... as always :):)


  9. CB Says:
    February 12th, 2013
    Posted at: 10:44 am

    Hi dak, not really sure whats the news on it. yes, shall hold it for a weeks time. can expect some bounce

    Hi vinit, thanks.. most welcome.


  10. PK Says:
    February 12th, 2013
    Posted at: 10:45 am

    Hi all,
    News related to unitech.....
    Real estate firm Unitech plunged more than 17 percent in early trade on Tuesday as Network 18 has learnt from sources that the CBI suspects its own prosecutor of aiding Unitech MD Sanjay Chandra, one of the accused in the 2G case.
    so better pls play safe.....


  11. Karthik Says:
    February 12th, 2013
    Posted at: 10:47 am

    hi CB
    can i buy dbrealty at cmp? will it recover in 2 or 3 week ?


  12. CB Says:
    February 12th, 2013
    Posted at: 10:47 am

    Hi PK, thanks for sharing.


  13. ravii Says:
    February 12th, 2013
    Posted at: 10:48 am

    thnks sir! gud to hear that stocks bounce back from here...

    what is the target of lanco infratech? i hold 1000 shares @18 what happend this stock? i heard that govt has banned sme infra sectors! is that news got this stock so much down??? can i add average this level cmp @12...... ??


  14. Ritesh Says:
    February 12th, 2013
    Posted at: 10:50 am

    Exited Unitech at 28.10.. Will buy it again at 26..25..


  15. VIKRAM Says:
    February 12th, 2013
    Posted at: 10:51 am

    sll axis bank at cmp tar 1470 sl 1520

    sell sbi at cmp tar 2270-60 sl 2320


  16. CB Says:
    February 12th, 2013
    Posted at: 10:51 am

    Hi ravii, most welcome. its facing resistance at 15 levels. dont add more of it yet. for now its a hold.

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