Quotes with Resistance & Support
Market Information

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. nithin2009 Says:
    February 23rd, 2010
    Posted at: 12:54 am

    cb...which of these is best for 3month time span
    abhishek ind,standard industries ltd,aditya birla money...

    pls give tgt also..


  2. CB Says:
    February 23rd, 2010
    Posted at: 1:06 am

    Hi chaitanya, go with hdil in small quantity for now. it has strong support at 288 and can see a good bounce form here. keep strict sl at 285.

    Hi nithin2009, go with abhishek ind for now. has strong support at 14. can see 15.50-16


  3. PRASHANT Says:
    February 23rd, 2010
    Posted at: 1:48 am

    i have reliance media works at average of 265 rs . 600shares what to do


  4. SunilRao Says:
    February 23rd, 2010
    Posted at: 7:39 am

    Good Morning Cb, Are we heading for a gap-down opening today? If so, what is the support level for nifty?


  5. CB Says:
    February 23rd, 2010
    Posted at: 7:54 am

    Hi PRASHANT, has found some support at 213. should see some bounce from here.

    Hi SunilRao, we may open 10-15 points lower. support is at 4800


  6. SunilRao Says:
    February 23rd, 2010
    Posted at: 8:02 am

    Thanks Cb, Can we expect a bounce from 4800 levels or we may trade flat?


  7. CB Says:
    February 23rd, 2010
    Posted at: 8:04 am

    Hi SunilRao, some bounce is likely


  8. SunilRao Says:
    February 23rd, 2010
    Posted at: 8:05 am

    Lets hope for the best :)


  9. CB Says:
    February 23rd, 2010
    Posted at: 8:08 am

    Hi SunilRao, yep


  10. SunilRao Says:
    February 23rd, 2010
    Posted at: 8:13 am

    Hi CB, What's ur view on Reliance? Can we go short below 970 for intraday?


  11. CB Says:
    February 23rd, 2010
    Posted at: 8:14 am

    Hi SunilRao, no, dont go short on it yet..


  12. SunilRao Says:
    February 23rd, 2010
    Posted at: 8:21 am

    Ok CB.


  13. CB Says:
    February 23rd, 2010
    Posted at: 12:37 pm

    Hi Zalak, thanks.


  14. AASHISH JAIN Says:
    February 25th, 2010
    Posted at: 11:12 am

    HI CB
    WHAT WILL SHOULD BE MARKET ON BUDJET DAY

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