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. VijayD Says:
    February 17th, 2009
    Posted at: 10:27 am

    Good morning CB! Since two days market is weak n share prices going down. So when should one start to buy shares at lower prices?


  2. keyur Says:
    February 17th, 2009
    Posted at: 10:28 am

    hello cb i have bought tomorrow 299 call @ 43 now it is 20 wat can i do


  3. CB Says:
    February 17th, 2009
    Posted at: 10:29 am

    Hi Ranga, Not sure about Wipro..


  4. CB Says:
    February 17th, 2009
    Posted at: 10:30 am

    Hi VijayD, good morning.. not yet.. if we break 2780 we could go down to 2700.. as of now no buys..

    Hi keyur, not sure which stocks call have u bought.. keep a sl at 2780 (Nifty) and hold..


  5. Abhishek Says:
    February 17th, 2009
    Posted at: 10:36 am

    any intrday call for now.....


  6. VN Says:
    February 17th, 2009
    Posted at: 10:39 am

    is there any support at 2780 nifty


  7. Divyesh Says:
    February 17th, 2009
    Posted at: 10:39 am

    Hi Cb what should be done to beml can hold or book loss as market daily coming down


  8. keyur Says:
    February 17th, 2009
    Posted at: 10:42 am

    when nifty cross the 2900
    plz tell me


  9. CB Says:
    February 17th, 2009
    Posted at: 10:43 am

    Hi Abhishek, as of now no call..

    Hi VN, yes..some support at 2780..

    Hi Divyesh, hold it.. if possible avg on dips.. dont avg yet..

    Hi keyur, as of now it does not seem so. keep a sl at 2780 and hold..


  10. Satish Says:
    February 17th, 2009
    Posted at: 10:45 am

    THANKS FOR WWIL... BOOKED PROFIT AT 14.05


  11. Abhishek Says:
    February 17th, 2009
    Posted at: 10:46 am

    can i sell unitech at this level... if buy wht the target nd stoploss....


  12. CB Says:
    February 17th, 2009
    Posted at: 10:51 am

    Hi Satish, Most welcome..

    Hi Abhishek, Dont go short on Unitech at this level..wait for some time..


  13. Ranga Says:
    February 17th, 2009
    Posted at: 11:03 am

    GURU, WIPRO BOOKED PROFIT AT 210, WAITING FOR THE KOTAK.


  14. VN Says:
    February 17th, 2009
    Posted at: 11:08 am

    For fresh short, should nifty close below 2780 or go down during the day


  15. CB Says:
    February 17th, 2009
    Posted at: 11:08 am

    Hi Ranga, ok.. hold it


  16. CB Says:
    February 17th, 2009
    Posted at: 11:08 am

    Hi VN, yes..below 2780 we can touch 2750-2755

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