Intraday calls for 23-02-11

Quotes with Resistance & Support

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Intraday calls for 23-02-11

Posted on: February 23rd, 2011 at 8:27 am

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Markets likely to open lower, Support for nifty is at 5430 and resistance near 5580

If markets show recovery later during the day buy Tata steel

2.23pm – hedge longs with a 5400 put at 14. stoploss: 5510

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568 Responses

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AJ Says:
February 23rd, 2011
Posted at: 8:41 am
above what JUBL FOODS looks good...?? it is moving up slightly last 2 days...
Kartik Says:
February 23rd, 2011
Posted at: 8:42 am
Hi sumit, you may short Bharti on rise
Hi anoop, they are likely to trade flat today, might take some time to recover, hold them for 2-3 months
Hi kfathima, it looks expensive at CMP, wait for a dip in it
Hi pankaj, can be bought if Markets manage to see some recovery can see 450
Hi sekhar, Good morning
Kartik Says:
February 23rd, 2011
Posted at: 8:42 am
Hi AJ, looks weak overall below 530, can see 515 today
Ary Says:
February 23rd, 2011
Posted at: 8:43 am
Hi Karthik,
I am sorry to bother again. But could not sleep y'day with the load of the 5600CE:(
What strategy would you suggest today for me?
anoop Says:
February 23rd, 2011
Posted at: 8:44 am
k thanq you sir
CM Raghu Says:
February 23rd, 2011
Posted at: 8:44 am
Hi, good morning... Holding Escorts at rs.119... Wat can be today's target?
Raghu Says:
February 23rd, 2011
Posted at: 8:45 am
Hi karthik gd mg i buy balrampurchini at 75 yesterday to day target tellme
Kartik Says:
February 23rd, 2011
Posted at: 8:46 am
Hi Ary, we face strong support at 5430 if we manage to break it today, then enter 2-3 puts to hedge
Hi anoop, most welcome
Hi CM Raghu, can see 221
Kartik Says:
February 23rd, 2011
Posted at: 8:46 am
Hi Raghu, can see 76
AJ Says:
February 23rd, 2011
Posted at: 8:46 am
BGR has fallen from 850 levels...do you see a recovery coming soon?
protap Says:
February 23rd, 2011
Posted at: 8:48 am
good morning everyone
Kartik Says:
February 23rd, 2011
Posted at: 8:49 am
Hi protap, Good morning
Hi AJ, no, it had rallied quite a lot in the past few months, might take some time to recover
Kb Says:
February 23rd, 2011
Posted at: 8:50 am
Good Morning karthik . . :)
askimaskitoss Says:
February 23rd, 2011
Posted at: 8:50 am
GUD MORNING.........
Investors crowd Wall St exits on Libyan unrest
Wall Street suffered its worst day since August on Tuesday as investors dumped stocks on turmoil in oil exporter Libya, in what could be the start of a long-anticipated pullback after a lengthy rally.
Kartik Says:
February 23rd, 2011
Posted at: 8:50 am
Hi Kb, Good morning
ttsathya Says:
February 23rd, 2011
Posted at: 8:51 am
Sir GM. Shall I short Mar Nifty. Pl Guide.