Quotes with Resistance & Support
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Intraday calls for 29-02-12

Posted on: February 29th, 2012 at 8:31 am

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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327 Responses

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Comment pages: 131415161718192021Show all

  1. CB Says:
    February 29th, 2012
    Posted at: 3:00 pm

    Hi Kumar, these are going a bit storng. dont short these yet


  2. Sandhu Says:
    February 29th, 2012
    Posted at: 3:02 pm

    Hi CB,bought ind swift@106 in quantity,what should be my target?
    Kindly advice............


  3. Kumar Says:
    February 29th, 2012
    Posted at: 3:03 pm

    Hi CB, i have short DCB in [email protected] what will be SL please advice.


  4. CB Says:
    February 29th, 2012
    Posted at: 3:04 pm

    Hi Sandhu, it does look good. hold it. can see 115 in coming days


  5. grilgates Says:
    February 29th, 2012
    Posted at: 3:04 pm

    sir rupees appreciates any news of money coming in


  6. CB Says:
    February 29th, 2012
    Posted at: 3:04 pm

    Hi Kumar, hold it can see 45


  7. Kumar Says:
    February 29th, 2012
    Posted at: 3:05 pm

    thanks CB


  8. CB Says:
    February 29th, 2012
    Posted at: 3:05 pm

    Hi grilgates, no, not really sure.


  9. SAMEER Says:
    February 29th, 2012
    Posted at: 3:05 pm

    SIR CAN I BUY JSW ENG FOR SWUBG TRADE


  10. Sandhu Says:
    February 29th, 2012
    Posted at: 3:05 pm

    ok ,Thanx


  11. CB Says:
    February 29th, 2012
    Posted at: 3:05 pm

    Hi SAMEER, enter in small quantity

    Hi Sandhu, most welcome.


  12. kishore Says:
    February 29th, 2012
    Posted at: 3:07 pm

    Hi CB,
    Holding JP @112. is that amt can I get back. If so, pls let me know the period of holding. if not at wht best price I can book loss. pls. advise


  13. CB Says:
    February 29th, 2012
    Posted at: 3:09 pm

    Hi kishore, yes, fundamentally its a good bet. will recover back. if possible add few more on dips to avg near 70


  14. Akila Says:
    February 29th, 2012
    Posted at: 3:10 pm

    Hi CB goodafternoon....

    after being in good profits a week ago, was in big losses in the 3 day continous fall, yesterday and today, recovered quite a bit of the loss and in No profit-no loss in most scrips..... is it better to exit all now? or gap up is expected tomorrow too as it looks like we will close above 5400 only?


  15. CB Says:
    February 29th, 2012
    Posted at: 3:11 pm

    Hi Akila, Good afternoon.. sorry to hear that.. hold these stocks for few more days. nifty does look good technically for short term.


  16. Akila Says:
    February 29th, 2012
    Posted at: 3:12 pm

    thanku CB.......it feels gr8 to have someone give a reply that we want to hear!! thanks for your guidance always...

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