Intraday calls for 24-02-11

Quotes with Resistance & Support

Market Information

Intraday calls for 24-02-11

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

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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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Kartik Says:
February 24th, 2011
Posted at: 3:14 pm
Hi Akash, it can be a risky bet now since Markets are seeing heavy selling pressure from FII's
Hi ramaswamy, ok
Mac Says:
February 24th, 2011
Posted at: 3:14 pm
Any Gud Nifty 50 BTST... or anyother ...
Kartik Says:
February 24th, 2011
Posted at: 3:15 pm
Hi Mac, no
sekhar Says:
February 24th, 2011
Posted at: 3:16 pm
hi "KARTIK" FII selling pressure today?
Akash Says:
February 24th, 2011
Posted at: 3:16 pm
Hi divyesh, Thanks. I wish I had sold Nifty call at 140 that day so I had not to sell the same at Rs. 2.5 :( But can I buy something from Rs. 500 only. I am ready to take big risk if I can recover my loss. My target is to make min 35k by the end of March but it seems impossible now :(
CA.Tejas Says:
February 24th, 2011
Posted at: 3:16 pm
Can Renuka be bought @ CMP??
Kartik Says:
February 24th, 2011
Posted at: 3:17 pm
Hi sekhar, yes
Hi CA.Tejas, no, it looks weak
CA.Tejas Says:
February 24th, 2011
Posted at: 3:17 pm
Any stoploss for RIL bought @ 935
DM Says:
February 24th, 2011
Posted at: 3:18 pm
HI KARTIK,
CAN WE BUY RANBAXY @ CMP FOR LNG TERM, OR IT MAY COME DOWN A BIT...?
ANY SPECIFIC LEVELS TO ENTER IT?
divyesh Says:
February 24th, 2011
Posted at: 3:18 pm
check my last post when nifty is near to 5290 (informed that will see the nifty 5180)
so guys dont hurry to buy anything lets wait n watch dont trade now on both side you will be traped....
Kartik Says:
February 24th, 2011
Posted at: 3:19 pm
Hi CA.Tejas, keep a trailng SL at 958
Kartik Says:
February 24th, 2011
Posted at: 3:19 pm
Hi DM, no, wait for a few days for Markets to settle
sekhar Says:
February 24th, 2011
Posted at: 3:20 pm
yesterday DII gave some support i think , but not today INDIANS have to invest more to save our markets
CA.Tejas Says:
February 24th, 2011
Posted at: 3:20 pm
Hi Kartik, Whether it looks weak below it???
Akash Says:
February 24th, 2011
Posted at: 3:20 pm
Hi Kartik, I understand that. But I have Rs. 500 only so even if I lose that, it will not matter. So pls suggest some good call for March Expiry. market may see some upside and I will cover my 15k
airbites Says:
February 24th, 2011
Posted at: 3:21 pm
Hi Kartik,
I cannot find Jubliant Foods Futures, is it not listed for futures trading ? - Plz check and tellme