Intraday calls for 21-02-12
Markets likely to open slightly lower. Support for nifty is at 5540 and resistance at 5610.
Sell Larsen & Tubro below 1438, target: 1420. Stoploss: 1452.
If markets show recovery later during the day, buy: Mphasis.
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Sri Says:
February 21st, 2012
Posted at: 1:58 pm
Hi CB,
Pls answer my query..
Kumar Says:
February 21st, 2012
Posted at: 1:59 pm
hi CB, for 5th time nifty testing 5600 in interday. i think profit booking will start in next 30 min.
Akila Says:
February 21st, 2012
Posted at: 1:59 pm
good afternoon CB
One's pain other's gain..........jet airways seeming strong today with negative news in Kfa........ holding at 344 since almost 10-15 days...... after seeing lows of 325 on friday, today holding 345 levels.... should i exit safely or the breakout is coming soon?
CB Says:
February 21st, 2012
Posted at: 2:00 pm
Hi Akash, ok. go with 5400 for now
Hi Kumar, yes. facing some pressure near 5600-5620 levels.
Arun Says:
February 21st, 2012
Posted at: 2:00 pm
Hi CB, Can i short Adanipower and titam at CMP
Sourabh Says:
February 21st, 2012
Posted at: 2:00 pm
Thanks CB Sir...Still holding COAL INDIA...please advise where to exist... still in 2 rs loss
CB Says:
February 21st, 2012
Posted at: 2:00 pm
Hi Akila, yes, facing some resistance at 348. if manages to cross it, can head upto 360
Hi Arun, no, don't go short on these yet.
SS Says:
February 21st, 2012
Posted at: 2:01 pm
Hi CB,
Should I exit Kotak short or hold for closing ?
CB Says:
February 21st, 2012
Posted at: 2:01 pm
Hi SS, no, continue to hold it.
Kumar Says:
February 21st, 2012
Posted at: 2:02 pm
Hi ttsathya, wait for 1 day it will come down nearly 110.
rj Says:
February 21st, 2012
Posted at: 2:02 pm
Hi CB,
and what abt POWERGRID ?
Akash Says:
February 21st, 2012
Posted at: 2:02 pm
Hi CB, Do you think we will turn more bullish as Nifty is not going below 5590. Can we expect Nifty crossing 5750 by Expiry
Akila Says:
February 21st, 2012
Posted at: 2:02 pm
tnku.... i thought on the same lines too, but the resistance seems to be very very strong, and hence testing the patience...
CB Says:
February 21st, 2012
Posted at: 2:03 pm
Hi rj, it looks good for short term. can see 117
Hi Akash, no, not really sure of 5750 yet
Hi Akila, hmm.
sundeep Says:
February 21st, 2012
Posted at: 2:04 pm
Hi CB, Sir, Holding Tata steel at 650 and Hind const, co. at 37. Hold or exit for now?
Akash Says:
February 21st, 2012
Posted at: 2:04 pm
Hi CB, Then at least 5700 and 5700 CE at 35-40?