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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. Tipguru Says:
    February 24th, 2009
    Posted at: 12:02 pm

    Ur vew on tech mahindra today


  2. CB Says:
    February 24th, 2009
    Posted at: 12:03 pm

    Hi Tipguru, not sure about Tech Mahindra for today..


  3. VN Says:
    February 24th, 2009
    Posted at: 12:04 pm

    a very narrow band on nifty over last hour.. where are we headed for the day


  4. CB Says:
    February 24th, 2009
    Posted at: 12:08 pm

    Hi VN, we either break 2680 on the downside or 2720 on the upside to some move.. as of now a no trade zone..


  5. rajnish kumar Says:
    February 24th, 2009
    Posted at: 12:16 pm

    what does rollover means


  6. rajnish kumar Says:
    February 24th, 2009
    Posted at: 12:17 pm

    how does it afffect nifty


  7. VN Says:
    February 24th, 2009
    Posted at: 12:19 pm

    most of asia has fallen 2%+ while nifty is just 1.3% , ftse will a gap down. do you see any reason why nifty can move 2720 and above


  8. CB Says:
    February 24th, 2009
    Posted at: 12:22 pm

    Hi rajnish kumar, It is in futures.. if you are short in Feb series you continue to remain short in March by carrying it in March series..

    Hi VN, i dont think we will move above 2720 today.. If Europe opens weak we could correct further..


  9. Deepak Says:
    February 24th, 2009
    Posted at: 12:32 pm

    CB GM. How can I do a roll over. You mean I should sell first then buy next future? or can I do it straight away


  10. CB Says:
    February 24th, 2009
    Posted at: 12:41 pm

    Hi Deepak, yes..sell this months and buy next months..


  11. chandu Says:
    February 24th, 2009
    Posted at: 12:42 pm

    hi cb


  12. chandu Says:
    February 24th, 2009
    Posted at: 12:42 pm

    aaj kya lagta hai market


  13. CB Says:
    February 24th, 2009
    Posted at: 12:49 pm

    Hi chandu, as of now seeing some recovery.. above 2720 we could add 15-20 points..


  14. Divyesh Says:
    February 24th, 2009
    Posted at: 12:53 pm

    as per the market recovery should i exit from maruti


  15. CB Says:
    February 24th, 2009
    Posted at: 12:54 pm

    Hi Divyesh, yes..


  16. VN Says:
    February 24th, 2009
    Posted at: 1:33 pm

    ftse down but still nifty moving up.. any reason

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