Quotes with Resistance & Support
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Intraday calls for 22-02-10

Posted on: February 22nd, 2010 at 8:20 am

Markets likely to see a gap up opening. Resistance for nifty is at 4970 and support at 4800.

Buy BEML Ltd at 1116.40, target: 1138. Stoploss: 1100.
Buy ABG Shipyard Ltd at 260.15, target: 268. Stoploss: 255.

3:19pm: BTST CALL: BUY RAJESHEXPO, CMP 101.90, TARGET: 105-106

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669 Responses

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  1. BALA Says:
    February 22nd, 2010
    Posted at: 9:33 pm

    Hi CB, thanks for your reply and advice. I am waiting for your email. My mail id is [email protected]. Once again Thank you


  2. shiv Says:
    February 22nd, 2010
    Posted at: 9:39 pm

    what will be tomorrow market ? is it +ve or -ve


  3. mohit Says:
    February 22nd, 2010
    Posted at: 9:46 pm

    hi,
    wat is ur take on KPIT cummins? can i enter it tomorrow for intraday target of around 111-112? can i hold it till thursday with a target of 115? will it be a safe bet?


  4. CB Says:
    February 22nd, 2010
    Posted at: 9:46 pm

    Hi BALA, sure.. most welcome

    Hi shiv, likely to be flat.


  5. CB Says:
    February 22nd, 2010
    Posted at: 9:48 pm

    Hi mohit, its finding good support at 105. one can enter it with strict sl at 104.


  6. ameekur Says:
    February 22nd, 2010
    Posted at: 9:55 pm

    Hi CB, i m holing 5 lots 4900 CE averaging arond 60 rupees can u please guide me


  7. raviu Says:
    February 22nd, 2010
    Posted at: 10:03 pm

    CB,how this news affect the bharat forge in mid-term http://in.biz.yahoo.com/100222/137/bav49w.html


  8. mohit Says:
    February 22nd, 2010
    Posted at: 10:06 pm

    ok thanx..
    nd is it a good bet with a 1 month holding horizon? can see 120 levels??


  9. NSE_Trader Says:
    February 22nd, 2010
    Posted at: 10:08 pm

    Hi CB,
    i have HDIL at 304, do u suggest avg at 295 or so
    And what about Lincoln pharma ?
    Thanks


  10. CB Says:
    February 22nd, 2010
    Posted at: 10:19 pm

    Hi ameekur, seems we will open slightly higher tomorrow. for now hold onto it. keep sl at 4800

    Hi raviu, yes, its positive news for the stock for short/med term

    Hi mohit, yes, its a good bet for short term.

    Hi NSE_Trader, it has very strong support at 288-290. likely to see some upmove from here.lincolin can head upto 35


  11. raja m Says:
    February 22nd, 2010
    Posted at: 10:22 pm

    Hi CB,is BEML good enough for tomorrow day trading?


  12. raviu Says:
    February 22nd, 2010
    Posted at: 10:24 pm

    NSE_Trader,this is positive news for HDIL http://in.biz.yahoo.com/100222/137/bav497.html
    ...right ..CB


  13. CB Says:
    February 22nd, 2010
    Posted at: 10:26 pm

    Hi ruthwik, you are holding good scripts. for now hold onto them. for long nifty is not really doing much on the buying side. once markets settle a bit, they will give good returns.


  14. CB Says:
    February 22nd, 2010
    Posted at: 10:27 pm

    Hi raja m, no, dont enter it tomorrow.

    Hi raviu, yes, its positive for the stock


  15. mani Says:
    February 22nd, 2010
    Posted at: 10:28 pm

    why did reunka sugar did not fall as market fall >


  16. ruthwik Says:
    February 22nd, 2010
    Posted at: 10:29 pm

    ok CB
    but pls letme know which stocks can I sell when market recovers, and which are recommended to hold? pls let me know.

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