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. KETAN Says:
    February 26th, 2009
    Posted at: 11:34 am

    sirji what about HDIL ?


  2. CB Says:
    February 26th, 2009
    Posted at: 11:35 am

    Hi KETAN, if markets recover it can touch 77.. short term looks weak..


  3. VVDP Says:
    February 26th, 2009
    Posted at: 11:36 am

    GM ...ANY CALLS ...WHAT ABOUT RNRL AND SUZLON


  4. Akila Says:
    February 26th, 2009
    Posted at: 11:52 am

    Hi
    Piramal health - is it a good stock to try? it moves haphazardly, yesterday (and whole of last week) it was at 170s now at 230 in morning, now 204. very unpredictable but vey volatile and having a huge range. can i short sell it now?


  5. CB Says:
    February 26th, 2009
    Posted at: 11:55 am

    Hi VVDP, as of now none.. RNRL and Suzlon look weak..

    Hi Akila, no..dont sell it yet.. Its a buy on dips..


  6. CB Says:
    February 26th, 2009
    Posted at: 11:55 am

    I WILL BE BACK IN 30 MIN..


  7. rajesh shenoi Says:
    February 26th, 2009
    Posted at: 11:58 am

    BOT HDFC50 @1220 SHALL I AVG OR EXIT


  8. VVDP Says:
    February 26th, 2009
    Posted at: 12:21 pm

    ekc any news ....support and resis. please...


  9. CB Says:
    February 26th, 2009
    Posted at: 12:23 pm

    Hi rajesh shenoi, hold it..

    Hi VVDP, it has support at 90.. resistance is at 110.. not sure about intraday..


  10. sripal Says:
    February 26th, 2009
    Posted at: 12:42 pm

    hi cb can we go long in herohonda


  11. A.U Says:
    February 26th, 2009
    Posted at: 12:43 pm

    Hi CB Sir,
    I want to know about Face Value of the shares. Is it better to buy those stocks whose prices are cheap but face value is 10/- pe share.........
    e.g. Kolti Patil Devlopers Ltd.... and 20 Microns Ltd.......
    Both shares have face value of Rs. 10 and trading at Rs. 22/- and Rs. 16/- approx....

    Is it better to buy them or not


  12. CB Says:
    February 26th, 2009
    Posted at: 12:49 pm

    Hi sripal, yes..keep a sl at 897..

    Hi A.U, I would advice to wait for some more time.. Markets look weak.. it could see some more downside in the short term..


  13. Gopi Says:
    February 26th, 2009
    Posted at: 12:50 pm

    Hi CB,
    Could i buy Educomp Solutions for intraday or short term at 1500


  14. CB Says:
    February 26th, 2009
    Posted at: 12:56 pm

    Hi Gopi, no.. its looks weak.. it needs to stop falling and form a base..


  15. srv Says:
    February 26th, 2009
    Posted at: 1:08 pm

    dear cb
    intraday target for rcom, tatasteel, siemens please


  16. CB Says:
    February 26th, 2009
    Posted at: 1:10 pm

    Hi srv, if markets recover Relcom can touch 158, Tata steel can touch 164.. not sure about Siemens..

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