Quotes with Resistance & Support
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Intraday calls for 28-02-12

Posted on: February 28th, 2012 at 8:31 am

Markets likely to open slightly higher. Support for nifty is at 5250 and resistance at 5350

Buy LIC housing at 244, target: 250-252. Stoploss: 240 – (Book profit in LIC at 251-252)

10.15 am – Buy Mphasis above 421, target: 429. Stoploss: 416

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325 Responses

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  1. CB Says:
    February 28th, 2012
    Posted at: 4:52 pm

    Hi Akash, no, not sure of entering this yet

    Hi ROHITR, ok. since these are out of the money options, may not move much yet. hold these for a weeks time. if nifty sees another 100-200 point move, these will give returns.


  2. Deepak Bedi Says:
    February 28th, 2012
    Posted at: 4:55 pm

    Hi CB... Power Grid closed flat/negative today even though the markets rebounded... Any reason? Holding Mar 125 CE (3 lots) @ 1.1... Should I keep holding for some time? Please advice?


  3. CB Says:
    February 28th, 2012
    Posted at: 4:57 pm

    Hi Deepak Bedi, its a slow mover. hold it for short term. can see 116


  4. ROHITR Says:
    February 28th, 2012
    Posted at: 4:57 pm

    Hi CB, thanks sir


  5. Deepak Bedi Says:
    February 28th, 2012
    Posted at: 5:46 pm

    Thanks CB... :)


  6. RAVI Says:
    February 28th, 2012
    Posted at: 6:08 pm

    hi cb, what will be the nifty trend tomorrow and target of ivrcl


  7. yogesh Says:
    February 28th, 2012
    Posted at: 6:14 pm

    Hi CB,
    Any stock for medium term i.e. 6 months.

    Thanks


  8. CB Says:
    February 28th, 2012
    Posted at: 7:09 pm

    Hi ROHITR, most welcome

    Hi Deepak Bedi, most welcome

    Hi RAVI, could test resistance at 5420 once if global markets remain positive.

    Hi yogesh, can add some of mphasis and dcb


  9. fzwd Says:
    February 28th, 2012
    Posted at: 7:17 pm

    hi CB
    should we buy TITAN / EDUCOMP / REC tommo ??
    please choose any one with targets and stop loss . . .
    :) f


  10. lalit Says:
    February 28th, 2012
    Posted at: 7:50 pm

    Hi CB GE

    What the target of TATAMOTOR DVR for tommorow ??????

    Thanks


  11. Kartik Says:
    February 28th, 2012
    Posted at: 8:32 pm

    Hi fzwd, no, dont enter them, Markets have been quite volatile lately

    Hi lalit, can see 156


  12. vipul Says:
    February 28th, 2012
    Posted at: 8:58 pm

    Hi CB, KARtik, I want to trade in dabur futures.....plz suggest me a strategy..


  13. jagdish Says:
    February 28th, 2012
    Posted at: 9:09 pm

    shuild i buy 3i infotech or litl for 6 months.what is target of them.


  14. vasu Says:
    February 28th, 2012
    Posted at: 9:21 pm

    what abt orchid bought at 180 and orbit exports bought 82 for short term


  15. divya Says:
    February 28th, 2012
    Posted at: 9:46 pm

    can i enter ONGC for 4-5% upmove


  16. Kartik Says:
    February 28th, 2012
    Posted at: 9:54 pm

    Hi vipul, strong resistance at 106, can be longed above that, short if it breaks 100

    Hi jagdish, no, it looks weak

    Hi vasu, to be on the safe side, book 50% in them, hold the rest for another 3-4 days

    Hi divya, below 290 looks weak, avoid it

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