Quotes with Resistance & Support
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Intraday calls for 24-02-09

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

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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  1. CB Says:
    February 24th, 2009
    Posted at: 10:19 am

    Hi hilay, I would advice to hold for med term.. 5-6 months.. markets as of now are not in a mood to recover soon..


  2. VN Says:
    February 24th, 2009
    Posted at: 10:20 am

    any more fall during the day


  3. CB Says:
    February 24th, 2009
    Posted at: 10:23 am

    Hi VN, its possible.. below 2700 shorts would be triggered and longs exited..


  4. AMAR Says:
    February 24th, 2009
    Posted at: 10:23 am

    Good Morning CB, anything abt ESCORTs ???


  5. Satish Says:
    February 24th, 2009
    Posted at: 10:24 am

    Hi CB. booked profits in rel ind....... thnks...


  6. CB Says:
    February 24th, 2009
    Posted at: 10:26 am

    Hi AMAR, Escorts had support at 36.. if markets continue to slide, it could come down to 31 in short term..


  7. CB Says:
    February 24th, 2009
    Posted at: 10:26 am

    Hi Satish, Most welcome..


  8. bharath Says:
    February 24th, 2009
    Posted at: 10:27 am

    Hi CB I have OPTOCircutes 100 @ 89Rs and GTL INfra 450 @ 31.4 RS.
    what should I do..shall i avg them ....?


  9. VN Says:
    February 24th, 2009
    Posted at: 10:27 am

    you mean close below 2700


  10. CB Says:
    February 24th, 2009
    Posted at: 10:29 am

    Hi bharath, Dont avg them yet.. wait for some more days.. avg them on dips..

    Hi VN, if we stay below 2700 for some time in intraday trade..


  11. deba Says:
    February 24th, 2009
    Posted at: 10:30 am

    hi sir good morning
    may i invest in bafna sppining?


  12. VVDP Says:
    February 24th, 2009
    Posted at: 10:30 am

    ANY CALLS SIR


  13. VN Says:
    February 24th, 2009
    Posted at: 10:33 am

    is it good to take a 2600 put of feb now with 2 days left for expiry or should I take it of march series


  14. Krishna_Hyd Says:
    February 24th, 2009
    Posted at: 10:36 am

    Dear CB, Matrix labs is it a short sell at CMP ??


  15. CB Says:
    February 24th, 2009
    Posted at: 10:38 am

    Hi deba, wait for some more time. .not yet..

    Hi VVDP, as of now none..

    Hi VN, take March series..

    Hi Krishna_Hyd, no... its looking good technically..


  16. AMAR Says:
    February 24th, 2009
    Posted at: 10:39 am

    What do say abt SPICETELE ???

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