Quotes with Resistance & Support
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Intraday calls for 17-02-12

Posted on: February 17th, 2012 at 8:31 am

Markets likely to open higher. Support for nifty is at 5480 and resistance at 5560.

Buy Future Capital Holdings at 151.50-152, target: 157. Stoploss: 148 – (sl triggered in fch)

1.48pm – sell JSW steel at 873, target: 858-860. Stoploss: 885 – (Book profit in JSW steel at 857)

2.26pm – Sell Kotak bank below 574, target: 562. Stoploss: 580 – (exit kotak bank at 576. If holding in futures, continue to hold till Tuesday)

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543 Responses

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  1. Ram M Says:
    February 17th, 2012
    Posted at: 3:16 pm

    Hi CB, can i enter HeroMoto Mar fur sir? What wud be SL & TGT sir???


  2. tarun Says:
    February 17th, 2012
    Posted at: 3:17 pm

    hi CB,
    can i short 1 lot nifty

    thanks


  3. CB Says:
    February 17th, 2012
    Posted at: 3:17 pm

    Hi SAI, yes, keep sl at 5560

    Hi Ram M, no, dont enter it now.


  4. RAVS Says:
    February 17th, 2012
    Posted at: 3:18 pm

    Hi CB, Holding 5500 put at 54. Plz suggest wat to do as I m in huge loss


  5. ROHITR Says:
    February 17th, 2012
    Posted at: 3:18 pm

    Hi CB, 5400PE BOOKED PROFIT 15K, THANKS SIR. NOW CAN I BUY 5500PE AND 5600CE MARCH OR 5400PE AND 5800CE, PL. ADVICE ME


  6. SANJAY Says:
    February 17th, 2012
    Posted at: 3:19 pm

    sir can i buy hindalco rel infra kalindi rail and dcb or better to wait


  7. HemantB Says:
    February 17th, 2012
    Posted at: 3:19 pm

    Hi CB,
    bought sintex industry at 101. what to do ? continue to hold ?


  8. CB Says:
    February 17th, 2012
    Posted at: 3:20 pm

    Hi RAVS, shall hold it till Tuesday/ wednesday for now

    Hi ROHITR, nice to hear that. dont enter a ce yet.


  9. amolo Says:
    February 17th, 2012
    Posted at: 3:20 pm

    Hi CB,

    Can I enter into 5500 PE (March)

    Amolo


  10. CB Says:
    February 17th, 2012
    Posted at: 3:21 pm

    Hi SANJAY, no, wait for some dip

    Hi Dinesh Kumar, hmm

    Hi amolo, not yet.


  11. Ankush Says:
    February 17th, 2012
    Posted at: 3:22 pm

    Hi CB,
    Holding BHEL @ 308. Please advise, huge loss.


  12. CB Says:
    February 17th, 2012
    Posted at: 3:22 pm

    Hi Ankush, seeing some profit booking it seems. it may consolidate for some time before the next upmove.


  13. amolo Says:
    February 17th, 2012
    Posted at: 3:22 pm

    Any Other Call ??


  14. CB Says:
    February 17th, 2012
    Posted at: 3:23 pm

    Hi amolo, no, as of now none.


  15. tarun Says:
    February 17th, 2012
    Posted at: 3:23 pm

    hi cb,

    can i short nifty ??


  16. CB Says:
    February 17th, 2012
    Posted at: 3:24 pm

    Hi tarun, lets wait till Tuesday..

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