Quotes with Resistance & Support
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Intraday calls for 17-02-09

Posted on: February 17th, 2009 at 9:06 am

Markets likely to open weak. Below 2840 we can touch 2790. Support at at 2780.

Sell Wire and Wireless India for a target of 14.20. Stoploss: 15.40
Sell ABB for a target of 402. Stoploss: 422.

If markets show recovery later during the day, buy: GMR Infrastructure.

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116 Responses

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  1. jolly guha roy Says:
    February 17th, 2009
    Posted at: 9:25 am

    want to know -kalindee rail intra day tips on 17.02.09


  2. CB Says:
    February 17th, 2009
    Posted at: 9:26 am

    Hi jolly guha roy, Railway stocks witnessed profit booking after the recent rally.. They are not a buy as of now..


  3. sanjay Says:
    February 17th, 2009
    Posted at: 9:28 am

    hi, should we go for nifty short at beginning ? which stop loss should be used ?


  4. CB Says:
    February 17th, 2009
    Posted at: 9:30 am

    Hi sanjay, keep a sl at 2870 and go short.

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