Quotes with Resistance & Support
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Intraday calls for 26-02-09

Posted on: February 26th, 2009 at 9:31 am

Markets likely to open flat.
Buy Cairn India at 159.90, target: 165. Stoploss: 157.
Buy Idea Cellular at 48.90, taget: 50.50. Stoploss: 47.90

If markets show weakness later during the day, short sell: Reliance infra.

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85 Responses

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  1. rajnish kumar Says:
    February 26th, 2009
    Posted at: 9:47 am

    lot of short build up for nifty 2200 put march. what does it means. will nifty touch 2200 in march series or below.what is the probability.


  2. CB Says:
    February 26th, 2009
    Posted at: 9:49 am

    Hi RAJESH SHENOI, it has small resistance at 101.80.. above this it can touch 104..

    Hi Ranga, good morning..


  3. CB Says:
    February 26th, 2009
    Posted at: 9:50 am

    Hi rajnish kumar, its possible.. many are expecting Nifty to touch 2500 levels.. I am not sure about 2200 but 2500 is likely..


  4. rajasehar Says:
    February 26th, 2009
    Posted at: 9:51 am

    gm..sir


  5. rashmin Says:
    February 26th, 2009
    Posted at: 9:52 am

    hi cb gm


  6. CB Says:
    February 26th, 2009
    Posted at: 9:53 am

    Hi rajasehar and rashmin, Good morning..


  7. Krishna_Hyd Says:
    February 26th, 2009
    Posted at: 9:57 am

    Dear CB, Is HDFC a buy at 1200 /- ??


  8. CB Says:
    February 26th, 2009
    Posted at: 10:01 am

    Hi Krishna_Hyd, no..it looks weak technically.. its in a downtrend..


  9. rashmin Says:
    February 26th, 2009
    Posted at: 10:04 am

    i short rel inf pls give sl


  10. CB Says:
    February 26th, 2009
    Posted at: 10:05 am

    Hi rashmin, 518..


  11. rashmin Says:
    February 26th, 2009
    Posted at: 10:06 am

    ok thanks cb.


  12. Geetha Says:
    February 26th, 2009
    Posted at: 10:08 am

    How is the stock Lanco Infra?


  13. Murali Says:
    February 26th, 2009
    Posted at: 10:09 am

    Hi CB; what about intraday on JP today? what is the stoploss?


  14. CB Says:
    February 26th, 2009
    Posted at: 10:11 am

    Hi Geetha, its a buy at cmp.. keep a sl at 121 and hold.. looking great above 122..

    Hi Murali, JP is a buy above 70


  15. Murali Says:
    February 26th, 2009
    Posted at: 10:17 am

    Thanks for the intrady call on idea CB; IDEA has reached to 50.30. so intraday call is over. because it has come back to 48.90 again. so can we trade again.


  16. CB Says:
    February 26th, 2009
    Posted at: 10:17 am

    Hi Murali, that was a flash.. it did not trade/touch 50.30.. buy it at cmp... keep a sl at 48.40

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