Quotes with Resistance & Support
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Intraday calls for 24-02-16

Posted on: February 24th, 2016 at 8:30 am

Markets likely to open lower. Support for Nifty is at 7070 and resistance at 7230. Bank Nifty has support at 13900 and resistance at 14200.

Sell BHEL below 97.50, target: 94. Stoploss: 99.5 – (exit from BHEL at 96.20)

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88 Responses

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  1. ranjith Says:
    February 24th, 2016
    Posted at: 9:24 am

    hi sir,

    can i enter to BHEL now ?


  2. CB Says:
    February 24th, 2016
    Posted at: 9:26 am

    Hi ranjith, can sell near 97


  3. CB Says:
    February 24th, 2016
    Posted at: 9:26 am

    ill be back in some time


  4. somashekar Says:
    February 24th, 2016
    Posted at: 9:29 am

    tnk u sir for ur valuable suggestions.


  5. Prabhu Says:
    February 24th, 2016
    Posted at: 9:32 am

    It means Lupin will cross 1750? i am have 1700 put


  6. Suresh Says:
    February 24th, 2016
    Posted at: 9:37 am

    Hi CB,
    Can i test BF Utilities, seems to be strong these days. can you please suggest.


  7. Mahendra Says:
    February 24th, 2016
    Posted at: 9:46 am

    Hi. CB Sir,,,,,,,, can nifty bounce today?


  8. CB Says:
    February 24th, 2016
    Posted at: 10:07 am

    Hi Mahendra, seems a bit unlikely

    Hi Suresh, its facing strong resistance at 560 levels. dont enter it yet

    Hi Prabhu, hold pe for now. below 1740 can test 1725

    Hi somashekar, most welcome


  9. Sarmila Says:
    February 24th, 2016
    Posted at: 10:08 am

    Hi CB, Can i sell DRREDDY for intraday? tgt pls?


  10. CB Says:
    February 24th, 2016
    Posted at: 10:09 am

    Hi Sarmila, not yet. its going a bit strong recently.


  11. Sarmila Says:
    February 24th, 2016
    Posted at: 10:14 am

    Hi CB, previously when i asked u about sell of ACC, u reply me near support..can u help me where i get support & resistance learning oportunity..any website or video..?


  12. Sweekar Says:
    February 24th, 2016
    Posted at: 10:14 am

    Hi CB,

    What are views on investing in SBI for long term.
    Looks close to 52 week low.


  13. Brahan Says:
    February 24th, 2016
    Posted at: 10:16 am

    Hi CB, yr view on cipla? i hv received short call for the target of 500 for intraday


  14. CB Says:
    February 24th, 2016
    Posted at: 10:18 am

    Hi Sarmila, sure, has support at 1225-1230 levels. resistance at 1245

    Hi Sweekar, yes, can add 20-25% for now. shall add more if dips further

    Hi Brahan, does look weak. can short it. sl near 521


  15. Rajasekar Says:
    February 24th, 2016
    Posted at: 10:19 am

    Hi CB, sir, can i enter 7250ce for March series now


  16. CB Says:
    February 24th, 2016
    Posted at: 10:19 am

    Hi Rajasekar, no, not yet

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