Quotes with Resistance & Support
Market Information

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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  1. rafi Says:
    February 24th, 2011
    Posted at: 1:45 pm

    rel infra and educomp which one is gud bet for shorting this time


  2. yaswanth Says:
    February 24th, 2011
    Posted at: 1:46 pm

    Hi CB,

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

    Thanks,
    Yaswanth


  3. jit... Says:
    February 24th, 2011
    Posted at: 1:46 pm

    may i buy nifty


  4. mayank Says:
    February 24th, 2011
    Posted at: 1:47 pm

    Hi CB,should i hold or exit from dlf


  5. CB Says:
    February 24th, 2011
    Posted at: 1:47 pm

    Hi sourabh, hold it for now. may need to avg in a day or 2

    Hi NSK, just came online

    Hi sumit, no, not sure yet

    Hi rafi, educomp looks weaker


  6. CB Says:
    February 24th, 2011
    Posted at: 1:48 pm

    Hi yaswanth, no, as of now none

    Hi jit..., no, lets wait

    Hi mayank, its a hold.


  7. sourabh Says:
    February 24th, 2011
    Posted at: 1:48 pm

    kis rate pe avg karni chahiye....


  8. thavva Says:
    February 24th, 2011
    Posted at: 1:49 pm

    Cb, where nifty will close today?


  9. NSK Says:
    February 24th, 2011
    Posted at: 1:51 pm

    Jet Bought 100 Qty @ 417, wt to do

    Big loss :(


  10. CB Says:
    February 24th, 2011
    Posted at: 1:52 pm

    Hi sourabh, lets see how expiry closes.

    Hi thavva, not sure yet.


  11. CB Says:
    February 24th, 2011
    Posted at: 1:52 pm

    Hi NSK, yes, hold it. its near very strong support. if markets do not recover, shall hold till tomorrow.


  12. sourabh Says:
    February 24th, 2011
    Posted at: 1:54 pm

    can i buy nifty at 5280...


  13. CB Says:
    February 24th, 2011
    Posted at: 1:54 pm

    Hi sourabh, not really sure yet.


  14. jit... Says:
    February 24th, 2011
    Posted at: 1:54 pm

    considering volatility ,can we expect a buying from diis


  15. thavva Says:
    February 24th, 2011
    Posted at: 1:54 pm

    CB, shall i exit 5400 pe around 3 PM?


  16. CB Says:
    February 24th, 2011
    Posted at: 1:55 pm

    Hi jit..., yes, can expect some short covering

    Hi thavva, would advice to book now. it can get really volatile in last 1-2 hrs.

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