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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  1. Akash Says:
    February 24th, 2011
    Posted at: 1:58 pm

    Hi CB, I bought 5400 CE call once again at Rs. 10 when market was looking to recover some. But it went further down and I lost that also. Had to sell at 2.50 Rs. Now I am left with just 500 Rs. Pls advise me to buy some good call for March so that I can cover 10k loss at least.


  2. rafi Says:
    February 24th, 2011
    Posted at: 1:58 pm

    what about tcs cb..short it


  3. thavva Says:
    February 24th, 2011
    Posted at: 1:59 pm

    Thanks a lot CB, exited from the pe. finally made some profit on this which I was holding since 2 weeks :)


  4. CB Says:
    February 24th, 2011
    Posted at: 2:00 pm

    Hi Akash, no call now. shall look for options from tomrrow. due to expiry nothing will really do well

    Hi rafi, on the short side can see 1090


  5. sumit Says:
    February 24th, 2011
    Posted at: 2:00 pm

    hi cb,
    i hv lichousing @ 188. up to how long it can go in last hour.


  6. Kb Says:
    February 24th, 2011
    Posted at: 2:00 pm

    Hi CB, hai cb


  7. DS Says:
    February 24th, 2011
    Posted at: 2:01 pm

    Dear CB,

    Considering that the markets are plummeting is there a SIP in 2-3 stocks that one can do....with at least 01 out of them proving to be a mulit bagger in the long term?


  8. GK Says:
    February 24th, 2011
    Posted at: 2:01 pm

    Hi CB bought DLF march 240 [email protected], can i book loos or hold its trading @6.6 now, thanks


  9. CB Says:
    February 24th, 2011
    Posted at: 2:02 pm

    Hi thavva, :) nice to hear that


    Hi sumit, yes, lets hold

    Hi Kb, Good evening


  10. CB Says:
    February 24th, 2011
    Posted at: 2:03 pm

    Hi DS, would rather suggest to do it with a fund.. possibly hdfc top 200. will give much better returns

    Hi GK, hold onto it.


  11. CB Says:
    February 24th, 2011
    Posted at: 2:03 pm

    ill be back in 30 min.


  12. ARIJIT Says:
    February 24th, 2011
    Posted at: 2:03 pm

    Hi Kb,
    I BOOKED THE 5400 PUT AT 53, HIGH IS 118 :((


  13. sourabh Says:
    February 24th, 2011
    Posted at: 2:04 pm

    kitna aur giregi nifty


  14. sunny Says:
    February 24th, 2011
    Posted at: 2:04 pm

    intrday call


  15. Kb Says:
    February 24th, 2011
    Posted at: 2:05 pm

    Hi ARIJIT, nice :)


  16. GK Says:
    February 24th, 2011
    Posted at: 2:05 pm

    thanks CB!!!

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