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. CB Says:
    February 17th, 2009
    Posted at: 12:39 pm

    Hi hasam, Buy around 78-78.20 level


  2. Nilesh Says:
    February 17th, 2009
    Posted at: 12:46 pm

    Is this time to buy GMR Infra??


  3. Divyesh Says:
    February 17th, 2009
    Posted at: 12:47 pm

    Any tips to buy call for short term


  4. CB Says:
    February 17th, 2009
    Posted at: 12:47 pm

    Hi Nilesh, buy on dips around 78.


  5. CB Says:
    February 17th, 2009
    Posted at: 12:48 pm

    Hi Divyesh, no.. no short term calls yet..


  6. sanjay Says:
    February 17th, 2009
    Posted at: 12:49 pm

    european markets will open in red or green ?


  7. CB Says:
    February 17th, 2009
    Posted at: 12:49 pm

    Hi sanjay, most probably red..


  8. hasam Says:
    February 17th, 2009
    Posted at: 12:50 pm

    GMR infra... 78.30 mai 200 sher kharide hai ab bechne ki kya limit dalu


  9. vipin Says:
    February 17th, 2009
    Posted at: 12:51 pm

    HI CB,

    what are ur views on nifty levels for today...

    best regards
    vipin


  10. CB Says:
    February 17th, 2009
    Posted at: 12:53 pm

    Hi hasam, it can touch 80-81.. sl 77

    Hi vipin, If Europe opens flat we could see some recovery.. currently holding support level


  11. vipin Says:
    February 17th, 2009
    Posted at: 1:00 pm

    thanks


  12. Nilesh Says:
    February 17th, 2009
    Posted at: 1:02 pm

    I hv bought Bindal Agro @ 13.20 Will you suggest what to do?


  13. CB Says:
    February 17th, 2009
    Posted at: 1:03 pm

    Hi Nilesh, company is performing well.. also is trading at cheap valuations.. hold it for med term..


  14. vipin Says:
    February 17th, 2009
    Posted at: 1:05 pm

    europe futures are pointing to a lower start..
    30 mins back, futures for the FTSE, Germany's DAX and for France's CAC were down between 0.7 percent and 1 percent.


  15. CB Says:
    February 17th, 2009
    Posted at: 1:13 pm

    Hi vipin, yes..


  16. VN Says:
    February 17th, 2009
    Posted at: 1:20 pm

    Is the slide due to europe opening

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