Intraday calls for 23-02-11
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
Nifty Index/Future Live Chart with TOP Indicators – Click to view
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shiva Says:
February 23rd, 2011
Posted at: 5:28 pm
if we dont consider global markets involvement , then where shd be the expiry?? below 5400 or above 5500?
shiva Says:
February 23rd, 2011
Posted at: 5:30 pm
Hi Abdullah and CB, does that mean tata stell's closing price of 627 is false???coz in BSE its 619...
nevergiveup:-) Says:
February 23rd, 2011
Posted at: 5:43 pm
hi gud evng traders......... hi cb sir.. today morning i have given the calls for "dr reddy labarotary" the target achieved ..
the call was given in 22/2/2011 intraday call posts at morning session......
i had given the target of 1575.. target was achieved at morning session only.........
so cheers target is achived ......:-)
nevergiveup:-) Says:
February 23rd, 2011
Posted at: 5:49 pm
hi cb ...Nagarjuna Fertilisers & Chemicals Ltd.
i gave an target of 31rs for today......
open was 28.80
it went upto
29.05 so it reached near by target which gave profit...... a little..... but no loss in that.... i posted this call on 22/2/2011 intraday call post at morning by 8am
Abdullah Says:
February 23rd, 2011
Posted at: 5:54 pm
Hi shiva, No. The closing price is correct. It was maybe a flash trade or some kind of FII activity like CB pointed out. It happened only in NSE. But if it was a flash trade, it goes to show how a "Market Order" can be very dangerous sometimes
pankaj Says:
February 23rd, 2011
Posted at: 6:06 pm
shorted Hero Honda today morning & covered later during the day with big losses. wht was the reason of suge a huge upsurge of more than 7% in this scrip when overall mkt was sliding for support?? was it a bad call or just was my bad luck today?? its frustatin. pls advice.
vipul Says:
February 23rd, 2011
Posted at: 6:26 pm
Hi CB/ Kartik, How is BGR energy for 2-3 months............what's the target in 2-3 months plzzzzz
Sunil Rao Says:
February 23rd, 2011
Posted at: 6:45 pm
Hi CB, SAI, Shiva, Abdullah, With reference to my earlier post regarding flash trades, the flash trade today on Tatasteel represents a major downslide from the major resistance level of 735 on weekly charts and likely to show a major downmove in near term possibly upto 550-560 levels and may even test 520 levels. But we still have to wait till the end of the week for confirmation of the pattern.
craj Says:
February 23rd, 2011
Posted at: 7:01 pm
HI CB, wht will be the peak prc for kalindee 2morow?
ARIJIT Says:
February 23rd, 2011
Posted at: 7:04 pm
Hi Sunil Rao,
what can be our strategy for NIFTY TOMORROW?
Kartik Says:
February 23rd, 2011
Posted at: 7:09 pm
Hi shiva, cant be sure, since Markets are likely to be uncertain ahead of the Budget, the high of 755 in Tata steel seems to be a flash trade in Nse, a few number of shares might have been traded at that price since the rate instantly dropped down
Hi nevergiveup:-), nice, thanks
Hi vipul, it looks expensive at CMP, wait for a dip in it
Hi pankaj, it did look weak below 1405, but Auto stocks rose today, on bargain hunting a recent slide caused by fears of a hike in excise duty on automobiles in the Union Budget 2011-12 and on fuel price hike worries
Hi Sunil Rao, GE, it faces strong support at 595 on the downside
Kartik Says:
February 23rd, 2011
Posted at: 7:10 pm
Hi craj, around 148
ramaswamy Says:
February 23rd, 2011
Posted at: 7:10 pm
goo d evening sir can i buy tata stell call sir
CHARULATHA SATISH Says:
February 23rd, 2011
Posted at: 7:12 pm
Sir,
Can we sell 5400 call tomorrow? If so at what price
Sunil Rao Says:
February 23rd, 2011
Posted at: 7:33 pm
Hi ARIJIT, Nifty likely to show some bounce tomorrow and being the day of expiry may remain quite volatile. support @ 5415 and resistance @ 5485
Hi Kartik, I agree, that is why, we need to wait till the end of the week to confirm the pattern.
craj Says:
February 23rd, 2011
Posted at: 7:34 pm
Kartik, can you suggest any stock for intraday 2morw (onr for short sell & one for buy)?