Quotes with Resistance & Support
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Intraday calls for 16-02-10

Posted on: February 16th, 2010 at 8:17 am

Markets likely to see a flat opening. Support for nifty is at 4750 and resistance at 4860.

Buy Mahindra Lifespace Developers Ltd at 402.45, target: 414. Stoploss: 393.
Buy Elder Pharmaceuticals Ltd at 342. 30, target: 352. Stoploss: 336.

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449 Responses

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Comment pages: 212223242526272829Show all

  1. SOM Says:
    February 16th, 2010
    Posted at: 9:07 pm

    Hi CB, Tata Steel, the world's No 8 steel maker, posted a 42% fall in consolidated quarterly profit as operations of European unit Corus and lower prices weighed, but beat market expectations.

    Tata Steel reported a net profit of Rs 472 crore ($101.9 million) in its fiscal third quarter ended December, compared with a consolidated net profit after minority interest and share of profit of associates of Rs 814 crore reported a year ago.

    Consolidated net sales for October-December fell to Rs 26,069 crore from Rs 32,515 crore reported a year earlier.

    IN THIS NEWS .........BEAT MARKET EXPECTATIONS...........IS A POSITIVE NEWS OR NEGATIVE.
    REALLY CONFUSED.
    PLEASE EXPLAIN IN UR WORDS THIS ABOVE NEWS.
    THANX.


  2. pradip Says:
    February 16th, 2010
    Posted at: 9:27 pm

    Hi cb/kartik,
    Looking at the present market outlook which is better option
    1) Writing a call or
    2) Writing a put
    If yes then at what strike price????


  3. harshpreet Says:
    February 16th, 2010
    Posted at: 9:33 pm

    Hi cb,
    1. i am holding SREINT @66. should i hold or should i sell
    2. MAN INFRA IPO:- is it a buy or not


  4. rahul Says:
    February 16th, 2010
    Posted at: 9:53 pm

    Hi CB, I am holding 1 lot deccan Chronical @154. Today most of the stocks went up except this one.. is there any news which draged this share down.. ?? Should i hold this stock or book losses.


  5. Jay Says:
    February 16th, 2010
    Posted at: 9:56 pm

    Hi CB,

    Good Evening. Holding 6 lots Nifty 4600. Please advice whether any news of market reaching to 4600 level before expiry.


  6. Nall's Says:
    February 16th, 2010
    Posted at: 10:16 pm

    Hi Cb how will b the market tomorrow, tnx sir


  7. Vijay Says:
    February 16th, 2010
    Posted at: 10:18 pm

    Hi Sir, Can i enter GMR infra at CMP ? what is the mid term target. And how about Anu's Laboratories Limited


  8. tnl Says:
    February 16th, 2010
    Posted at: 10:18 pm

    hi CB, im holding bharti at 278..whats ur views on it...bharti looking very weak..


  9. Kartik Says:
    February 16th, 2010
    Posted at: 10:21 pm

    Hi rashid, yes, thats the place where you upload your photo

    Hi a.shanmugam, hold Bharti Airtel with a SL at 262 in Cash, Tata steel is a market mover, and we are likely to see some more upside in the coming days

    Hi tuff money, we are more depended on Global ques as of now, It might require some time for us to decouple our Index from the rest of the world, but in the long run, its likely to be positive due to the economy growth and earnings of our Country

    Hi $$Ansh$$, it faces strong support around 262 level, they have also announced dividend, hold it

    Hi syed, it can see 37 levels in the coming days, hold it for 2-3 days time

    Hi syed, for live charts you need to subscribe to a paid service, many are available, one of them is named Spider

    Hi abc, they can add another 8-10% from CMP

    Hi Rajesh, likely to see some more profit booking in the coming days, dont enter it yet

    Hi Rajesh, it can see 34 levels in a weeks time

    Hi shiva, hold them for Short term, they are strong bets for Investment and shall give good returns

    Hi Snehal, DLF can see 318 tomorrow, hold it with a SL at 306

    Hi SOM, its profits were down by 42%, this was better than expected. CNBC expected a fall in its profits by 56%, the stock is likely to add 4-5rs tomorrow

    Hi pradip, Writing a call of 4900, with a SL at 4750

    Hi rahul, Deccan chronical is a strong bet for Short term, hold it for a couple of weeks, it shall give good returns

    Hi Jay, as of now Global markets seem to see some recovery and we too might see recovery in the coming days, hold them with a SL at 4900 on Nifty


  10. Kartik Says:
    February 16th, 2010
    Posted at: 10:22 pm

    Hi Nall’s, likely to trade positive

    Hi Vijay, dont enter Anu’s Laboratories Limited yet, you may enter GMR Infra for Short term, it can see 70+ levels

    Hi tnl, it faces strong support at 262 levels, hold it with a SL at 262


  11. shiva Says:
    February 16th, 2010
    Posted at: 10:30 pm

    if profit booking comes in 4900-4950 levels??? shd I also book profits in gmdc , hindalco , unitech?? we may get it at lower levels


  12. arup Says:
    February 16th, 2010
    Posted at: 11:24 pm

    Dear CB, Today I have purchased Jain Irrigation 150 shares @ 877.30. May I be able to exit tomorrow with some profit.
    Regards,


  13. smh Says:
    February 16th, 2010
    Posted at: 11:30 pm

    KARTIK, HOLDING JINDAL SAW BOT @ 198 SHALL I BOK PROFIT TOMRW @ 213 LVS


  14. smh Says:
    February 16th, 2010
    Posted at: 11:53 pm

    Kartik, Have bot MTNL @ 89 & Crane soft @ 32 & saint Globian @ 25 & ILFS @ 48 & faciing lot of losses in all of them shall i hold or exit some of them pls guide


  15. Mac Says:
    February 17th, 2010
    Posted at: 12:28 am

    Thank you so much for ur details on Bharti Airtel view and its market factor...U rock dude....tk care...


  16. CB Says:
    February 17th, 2010
    Posted at: 12:37 am

    Hi shiva, yes

    Hi arup, yes, its likely to do well tomorrow.

    Hi smh, yes, it can add 5-6rs tomorrow. as of now others are a hold. dot avg them yet. hold for short term.

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