Quotes with Resistance & Support
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Intraday calls for 21-02-11

Posted on: February 21st, 2011 at 8:26 am

Markets likely to open flat. Support for nifty is at 5430

Buy REC ltd at 233-236, target: 242. Stoploss: 228

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517 Responses

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Comment pages: 252627282930313233Show all

  1. Geethika Says:
    February 21st, 2011
    Posted at: 7:01 pm

    Hi subrotoray, chirag(cb)


  2. Abdullah Says:
    February 21st, 2011
    Posted at: 7:02 pm

    Hi Geethika, Yes. Positive cash flows over a long term for RIL. Investments in the JV can go up to $20b


  3. subrotoray Says:
    February 21st, 2011
    Posted at: 7:06 pm

    hi geetika........ itz gr8 to see that women do participate in stock markets gr8.... i am glad. hats off to u re spirit dear..


  4. Abdullah Says:
    February 21st, 2011
    Posted at: 7:08 pm

    Hi CB,
    Been following the RIL BP JV story???


  5. subrotoray Says:
    February 21st, 2011
    Posted at: 7:09 pm

    hi geetika do u have any strategys which can help me out........... any formulas


  6. suzane Says:
    February 21st, 2011
    Posted at: 7:11 pm

    Hi CB, how is Gujarat Pipavav Ship if bought for tommorow intraday with a stoploss of 57 ??


  7. Geethika Says:
    February 21st, 2011
    Posted at: 7:21 pm

    Economy expected to grow at 8.6 per cent in 2010-11 and 9.0 % in 2011-12
    Agriculture expected to grow at 5.4% in 2010-11 and 3.0% in 2011-12.
    Industry expected to grow at 8.1% in 2010-11 and 9.2% in 2011-12.
    Services expected to grow at 9.6% in 2010-11 and 10.3% in 2011-12.
    Slow recovery in global economic and financial situation.
    Rising domestic savings and investment chief engines of growth

    Investment rate expected to be 37.0% in 2010-11 and 37.5% in 2011-12.
    Domestic savings rate expected to be over 34% in 2010-11 and 34.7% in 2011-12.
    Current Account deficit estimated at 3.0% of GDP in 2010-11 and 2.8% of GDP in 2011-12
    Merchandise trade deficit projected to be $132.0bn or 7.7% of the GDP in 2010-11 and US$151.5bn or 7.7% of GDP in 2011-12.
    Invisibles trade surplus projected to be US$81.3bn or 4.8% of the GDP in 2010-11 and US$95.7bn or 4.8% in 2011-12.
    Capital Flows can be readily absorbed by financing needs of the high growth of the Indian Economy.

    Against the level of US$47.8bn in 2009-10, the capital inflows projected to be US$64.6bn for 2010-11 and US$76.0bn for 2011-12.
    Against accretion to reserves of US$13.4bn in 2009-10, projected to be US$12.1bn in 2010-11 and US$20.2bn in 2011-12.
    Inflation rate projected at 7.0 % by March 2011


  8. Abdullah Says:
    February 21st, 2011
    Posted at: 7:48 pm

    Hi gayaram, :)


  9. Geethika Says:
    February 21st, 2011
    Posted at: 7:51 pm

    Fiscal deficit outcome for 2010-11 could be marginally better than the budget estimates.

    The consolidated fiscal deficit is likely to be 7.5 to 8 per cent of GDP for 2010-11.
    There is considerable urgency in the implementation of goods and services tax (GST).
    Budgeted level of Fiscal Deficit and Revenue Deficit still beyond comfort zone.
    To sustain a growth rate of 9.0 per cent, steps required are:
    Containing inflation by focusing both on monetary and fiscal policies and supply side management.
    The pace of infrastructure creation has to be stepped up with renewed focus on the power sector.
    Continue efforts to contain Current Account Deficit (CAD) at 2-2.5 per cent of GDP and in parallel encourage flow of external investments into the country.
    Greater attention to agriculture including on seed development, management of water and soil fertility and improving delivery system.


  10. CB Says:
    February 21st, 2011
    Posted at: 7:55 pm

    Hi Mahender, most welcome. have a good evening

    Hi nv, thanks

    Hi subrotoray, sure. its Chirag Bedi. to guess stock movements you will need to learn technical analysis. you can download a book from the link I provided

    Hi Abdullah, no, don't really have the details yet

    Hi suzane, yes, enter in small quantity

    Hi Geethika, Good evening. thanks for the updates


  11. Shads Says:
    February 21st, 2011
    Posted at: 8:00 pm

    Good Evening CB!


  12. Geethika Says:
    February 21st, 2011
    Posted at: 8:04 pm

    welcome cb


  13. arijit Says:
    February 21st, 2011
    Posted at: 8:05 pm

    please give me a long term call on south indian bank and reliance for short and medium term


  14. Gitanjali Says:
    February 21st, 2011
    Posted at: 8:12 pm

    Hi Shads, Hi..Long time no see..!
    Hi Geethika, thanks for all the updates.


  15. Mac Says:
    February 21st, 2011
    Posted at: 8:33 pm

    How wud the Nifty Trade tomorrow.. Will ir cross 5550 by any chance....


  16. CB Says:
    February 21st, 2011
    Posted at: 8:36 pm

    Hi Shads, Good evening

    Hi arijit, south ind bank can see bought near 18-19 for long term. can see 30. reliance can see 980 in coming days

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