Quotes with Resistance & Support
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Intraday calls for 24-02-10

Posted on: February 24th, 2010 at 8:15 am

Markets likely to see a gap down opening. Support for nifty is at 4800 & resistance at 4930

If markets show recovery later during the day, buy: Ranbaxy & Coromendal International.

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637 Responses

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  1. Jay Says:
    February 24th, 2010
    Posted at: 9:37 pm

    Hi CB,

    Can i enter wipro and TCS as this stage.


  2. Milu Says:
    February 24th, 2010
    Posted at: 10:00 pm

    Hi CB, provog and 3i info, suck with them :( .... any chance of recovery?
    Thanks.


  3. varun soni Says:
    February 24th, 2010
    Posted at: 10:45 pm

    Hi tnl,
    http://www.scribd.com/doc/23978688/John-J-Murphy-Technical-Analysis-of-the-Financial-Markets

    download from here


  4. Kartik Says:
    February 24th, 2010
    Posted at: 10:51 pm

    Hi Anurag, we might add 50-60 points tomorrow

    Hi Jay, wait for some time before making a move in IT stocks as markets seem to see some selling pressure

    Hi Milu, yes, hold them for 4-5 days time, they can do well

    Hi varun soni, thanks for the link


  5. Manan Kundalia Says:
    February 24th, 2010
    Posted at: 10:57 pm

    Hi Cb,
    Should i enter in Zandu pharma at this stage or wait for it to come down.


  6. KD Says:
    February 24th, 2010
    Posted at: 11:13 pm

    Hi CB i have 5 lot of 4900 PE at 58 what should i do for tomorrow please help me.


  7. Avis Says:
    February 24th, 2010
    Posted at: 11:25 pm

    Hi cb
    how will be markets tmrow
    i have hul short pos of feb series at 241
    any downside expected tmrow


  8. Kartik Says:
    February 24th, 2010
    Posted at: 11:50 pm

    Hi Manan Kundalia, wait for some more time

    Hi KD, hold it with a tight SL at 4900 on Nifty

    Hi Avis, markets might see some up-move tomorrow, HUL can add 2-3% tomorrow, hold it


  9. KD Says:
    February 24th, 2010
    Posted at: 11:55 pm

    Hi Kartik what would be the SL for Nifty 4900 Put.


  10. Deepak7791 Says:
    February 24th, 2010
    Posted at: 11:57 pm

    Dear Kartik

    Which Charting tool is best for Technical Analysis and How much does it cost. Is it like a Yearly Subsciption ?


  11. Kartik Says:
    February 25th, 2010
    Posted at: 12:00 am

    Hi KD, hold it with a SL at 4900 on Nifty(cash)

    Hi Deepak7791, you may try ChartNexus for EOD data, if you want realtime data, you may go with spider, not sure abt its charges tough


  12. Deepak7791 Says:
    February 25th, 2010
    Posted at: 12:07 am

    Thank you very much Kartik. May I have your Email Id. I wanted to discuss something Offline.


  13. varun soni Says:
    February 25th, 2010
    Posted at: 12:12 am

    hello please suggest one good future for the month of march


  14. umar Says:
    February 25th, 2010
    Posted at: 12:14 am

    Hi Kartik, I hold Dhampur Sugars 500 @120 and Ester 1000 @20.50 and already in loss, what is the future of these stocks for short term, plZ suggest


  15. krunal veni Says:
    February 25th, 2010
    Posted at: 12:17 am

    Mr. Kartik What about Renuka sugar..


  16. Deepak7791 Says:
    February 25th, 2010
    Posted at: 12:40 am

    Dear CB/Kartik

    Just Trying to Study the Charts of Thinksoft. What I understand is that the Next Support level should be 226 if broken next at 215 , Is that right . Ofcourse if it comes out of circuit.

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