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: 11:34 am

    Hi VN, It is likely to open gap down or marginally negative.. it wont open gap up..


  2. PPG Says:
    February 24th, 2009
    Posted at: 11:34 am

    Hi Cb, what parameters we should give when we set Stochastic indicator for intraday?


  3. CB Says:
    February 24th, 2009
    Posted at: 11:35 am

    Hi RAJESH SHENOI, if markets recover it can touch 66..


  4. Divyesh Says:
    February 24th, 2009
    Posted at: 11:35 am

    Hi Cb how you see the Maruti today can it chances to come down or it will recover from -tive


  5. rashmin Says:
    February 24th, 2009
    Posted at: 11:35 am

    cb any stock buy or sell ?


  6. CB Says:
    February 24th, 2009
    Posted at: 11:37 am

    Hi PPG, I am not familiar Stochastic indicator.. wont be able to comment on it..

    Hi Divyesh, As of now markets are in a range.. hold it with a sl..


  7. CB Says:
    February 24th, 2009
    Posted at: 11:37 am

    Hi rashmin, as of now none.. markets not doing much..


  8. RAJESH SHENOI Says:
    February 24th, 2009
    Posted at: 11:38 am

    can we say that by thursday f&o closing nifty will be in the range of 2 7 5 0 - 2 8 5 0


  9. CB Says:
    February 24th, 2009
    Posted at: 11:39 am

    Hi RAJESH SHENOI, If global markets remain weak we could see shorts being rolled over which could bring Nifty down to 2600..


  10. kcs Says:
    February 24th, 2009
    Posted at: 11:40 am

    Hi, Morning,


  11. Divyesh Says:
    February 24th, 2009
    Posted at: 11:43 am

    any chances for selling pressure above nifty cross 2700


  12. CB Says:
    February 24th, 2009
    Posted at: 11:45 am

    Hi kcs, Good morning..

    Hi Divyesh, Dow futures are up 50 points. maybe some recovery upto 2715..


  13. kcs Says:
    February 24th, 2009
    Posted at: 11:49 am

    Bought 50 ABB @387.50 for Intraday, what is the prospect


  14. Divyesh Says:
    February 24th, 2009
    Posted at: 11:53 am

    Hi Cb any chances to recover the losses for maruti what has to be done can i short again or square up and buy extra quantity what you suggest check the sell/buy quantity


  15. CB Says:
    February 24th, 2009
    Posted at: 11:54 am

    Hi kcs, ABB has strong support at 382.. hold it with a sl at 382.. it can touch 393..


  16. CB Says:
    February 24th, 2009
    Posted at: 11:56 am

    Hi Divyesh, If markets continue to recover it can move up further.. as now it is facing resistance at 630-632 levels.. as of now its a hold with a sl at 632..

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