Intraday calls for 24-02-09

Quotes with Resistance & Support

Market Information

Intraday calls for 24-02-09

Posted on: February 24th, 2009 at 9:28 am

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Markets likley to see a gap down opening.

Short sell Reliance industries for a target of 1210. Stoploss: 1260
Short sell NMDC for a target of 145. Stoploss: 155.

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102 Responses

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Comment pages: 1 2 3 4 5 67Show all

KETAN Says:
February 24th, 2009
Posted at: 1:37 pm
can i buy Power grid at current level ?
CB Says:
February 24th, 2009
Posted at: 1:47 pm
Hi VN, maybe some short covering before expiry..
Hi KETAN, for intraday yes..
KETAN Says:
February 24th, 2009
Posted at: 1:57 pm
can u give me the tgt for 2-3days
CB Says:
February 24th, 2009
Posted at: 2:13 pm
Hi KETAN, It has support at 86.. if markets turn positive it can touch 93.. i would advice to exit in intraday and not convert to delivery considering market volatility..
CB Says:
February 24th, 2009
Posted at: 2:13 pm
I WILL BE BACK IN 1 HOUR...
PS Says:
February 24th, 2009
Posted at: 2:30 pm
Dear CB sir,
I m already holding RNRL 205shares @ Rs.50/-. Having a proposal for another 250 shares to purchase, shall i purchase at these levels or can i wait for further low price, so as to average the total for short term trading. Need your valuable advice. Thanks.
hilay Says:
February 24th, 2009
Posted at: 2:34 pm
CB, can I buy AbanOffshore at current level for med term? What are your prospects on this comp?
Geetha Says:
February 24th, 2009
Posted at: 2:36 pm
I have JPAss [email protected]. How long will it take to reach Rs.80 ?
Manthan Says:
February 24th, 2009
Posted at: 2:45 pm
Hi, CB GOOD After Noon
Today I has shortsell Tatamotor (March FUT) below 129.00 and my TGT 120-124.00. so what u say about T.Motor. I till hold or cover it.
Ranga Says:
February 24th, 2009
Posted at: 3:01 pm
why nifty is increasing now?
Geetha Says:
February 24th, 2009
Posted at: 3:27 pm
how will be the market tommorrow
CB Says:
February 24th, 2009
Posted at: 3:50 pm
Hi PS, Dont avg them at cmp..wait for some more time.. Markets are likely to see lower levels in short term...
Hi hilay,Dont buy it at cmp..wait for some more time.. Markets are likely to see lower levels in short term...
Hi Geetha, hold it for 2-3 months and if possible avg on dips.. once markets start recovering it will give good returns..

Hi Manthan, hold it for 2-3 days..
Hi Ranga, maybe some short covering before the expiry..
Hi Geetha, as of now its seems flat.. Lets see how US markets end and how Asian markets open tomorrow..
PS Says:
February 24th, 2009
Posted at: 3:55 pm
Thanks CB sir for your advice. Will wait as per your advice.
Manthan Says:
February 24th, 2009
Posted at: 4:19 pm
Hi,CB what is your TGT T.Motor.?
CB Says:
February 25th, 2009
Posted at: 1:24 am
Hi PS, most welcome..
Hi Manthan, tata motors has resistance at 138. it can come down to 120 levels in short term..hold it with a sl at 138..