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. akhilesh Says:
    February 22nd, 2010
    Posted at: 8:23 pm

    Hi CB, Whats your take on Hindustan Copper for Tuesdays intraday?


  2. CB Says:
    February 22nd, 2010
    Posted at: 8:27 pm

    Hi divya, nifty can may close near 4900 it seems

    Hi akhilesh, if it holds onto 528 for some time then enter it with sl at 522


  3. shiv Says:
    February 22nd, 2010
    Posted at: 8:28 pm

    sir i have jain irrigation- 50, LIC-50 and indus india bank-300 scripts what would be the performance for next 2 weeks, is there any effect from the budget? shall i hold it or book loss


  4. divya Says:
    February 22nd, 2010
    Posted at: 8:29 pm

    k thanks CB...


  5. BALA Says:
    February 22nd, 2010
    Posted at: 8:40 pm

    Hi I purchased Relcapital at Rs 846 but now it is trading Rs 735. May I hold it or Sell it now for cash to buy some other shares. How to select a stock for intraday trading. Plz advice me


  6. kaustabh Says:
    February 22nd, 2010
    Posted at: 8:54 pm

    Hi Chirag....how do you see Tanla Solutions for investment ...medium term ???


  7. Satyabrata Says:
    February 22nd, 2010
    Posted at: 9:11 pm

    Can NIFTY BE MADE LONG.


  8. CB Says:
    February 22nd, 2010
    Posted at: 9:27 pm

    Hi shiv, continue to hold onto them for short term. they are strong bets

    Hi divya, most welcome

    Hi BALA, continue to hold onto it for short term. if possible avg it out on dips.. for intraday trading look for volume breakout or stocks which look good technically. ill email you

    Hi kaustabh, its a good bet for med/long term. can add 30-40%

    Hi Satyabrata, yes, with sl at 4800


  9. 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


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

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


  11. 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?


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

    Hi BALA, sure.. most welcome

    Hi shiv, likely to be flat.


  13. 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.


  14. 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


  15. 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


  16. 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??

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