Intraday calls for 29-02-12
Markets likely to open slightly higher. Support for nifty is at 5310 and resistance at 5420
Buy Hindustan Petroleum (HPCL) at 300, target: 309. Stoploss: 294 – (Book profit in HPCL at 308-309)
9.21am – Book profit in Mphasis at 429
9.59am – Buy Godrej Consumer at 456.80, target: 467. Stoploss: 447 – (Continue to hold Godrej CP till tomorrow)
Trade in small quantities.
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ravii Says:
February 29th, 2012
Posted at: 8:46 am
Hello CB,
Good morning..ONGC...300 call is holding @12 now it is 6..can i hold or exit?
Some mock bidding is thre...today ...can we benefit out of it or ..will it go 280 below?
kindly suggest so that i ll exit if it is bad news..
Dinesh Kumar Says:
February 29th, 2012
Posted at: 8:47 am
I am solded NIFTY 5700 CE yesterday. can i purchase same again or go for PE...
divya Says:
February 29th, 2012
Posted at: 8:50 am
can i enter into BankNifty at the opening...what would be the target...
CB Says:
February 29th, 2012
Posted at: 8:50 am
Hi ravii, Good morning. yes, hold ongc. likely to see some upmove from here. keep sl near 278
Hi Dinesh Kumar, ok. dont re-enter it yet. if nifty is unable to cross 5400 , can see some selling pressure come in
CB Says:
February 29th, 2012
Posted at: 8:51 am
Hi divya, no, not sure of entering it as of now
Hi Akash, ok
CB Says:
February 29th, 2012
Posted at: 8:54 am
Hi Akash, yes, likely to
H3M4NG Says:
February 29th, 2012
Posted at: 8:55 am
Will HAVELLS touch 542 today?
CB Says:
February 29th, 2012
Posted at: 8:55 am
Hi Satyanarayana, its a hold for now. keep sl near 5330
Hi H3M4NG, yes, does look good.