Quotes with Resistance & Support
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Intraday calls for 24-02-11

Posted on: February 24th, 2011 at 8:34 am

Markets likely to open lower, Support for nifty is at 5410 and resistance at 5480

If markets show recovery later during the day, buy Power Grid

11.40am – sell canara bank at 581, target: 572. stoploss: 587 – (book profits at 568)

12.04pm – buy jet airways at 419, target: 428. Stoploss: 409 – (continue to hold Jet airways)

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453 Responses

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Comment pages: 141516171819202122Show all

  1. Akash Says:
    February 24th, 2011
    Posted at: 12:12 pm

    Hi Dharam, It is not a good stock. I also lost a lot in this but exited at 42. You may get your price but it may take longer time frame like around 6+ months. If you can hold, try to hold with SL 31. If it breaks 52 weeks low (31.25), then we may see 20 or even 15 level also. But on the other hand, it can cross 60 also in med-long term.


  2. ashish Says:
    February 24th, 2011
    Posted at: 12:13 pm

    Hi CB,
    Can i buy arbindo phaarma at this lavel for short term.
    whats wrong with this share


  3. p.banerjee Says:
    February 24th, 2011
    Posted at: 12:14 pm

    gm cb sir,1 have taken some long position for interday. what 2 do?


  4. gayaram Says:
    February 24th, 2011
    Posted at: 12:19 pm

    cb, gm. having 5500 ce march series at 135. shall i hold or exit on rise


  5. shiva kumar reddy Says:
    February 24th, 2011
    Posted at: 12:25 pm

    i have tata steel @620 what shoud i do plz reply me


  6. raj gupta Says:
    February 24th, 2011
    Posted at: 12:33 pm

    Sir i shorted 2000 idbi @ 131 when market was 5390 now market is 5360 but it is at 131.75 what should i do book loss or hold if can go down ? please suggest sir.


  7. afu` Says:
    February 24th, 2011
    Posted at: 12:47 pm

    hi,
    is apolo tyre will reach 58 today?


  8. test Says:
    February 24th, 2011
    Posted at: 12:57 pm

    tatamotors short at 1102..tgt please


  9. siri Says:
    February 24th, 2011
    Posted at: 12:58 pm

    any body knows when dalmiasug list was prepaired........


  10. SAI Says:
    February 24th, 2011
    Posted at: 1:05 pm

    HI CB JETAIR HOLD OR EXIT


  11. Ayran Says:
    February 24th, 2011
    Posted at: 1:18 pm

    Hi CB,

    How low cud Nifty go today?


  12. yaswanth Says:
    February 24th, 2011
    Posted at: 1:18 pm

    Hi CB,

    Any March futures to Buy or Sell for now . Please suggest.

    Thanks,
    Yaswanth


  13. raghu Says:
    February 24th, 2011
    Posted at: 1:22 pm

    crude is killing equity markets all over world


  14. Mac Says:
    February 24th, 2011
    Posted at: 1:26 pm

    Plus 400% 0n Nifty 5400 put... OMG!!!!!!


  15. vijay Says:
    February 24th, 2011
    Posted at: 1:29 pm

    Hi Mac, I came out when it was just 150% :(


  16. nitin Says:
    February 24th, 2011
    Posted at: 1:29 pm

    hi cb, is it a right time to buy aurobindo pharma... for mid term holding period

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