Quotes with Resistance & Support
Market Information

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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  1. Kartik Says:
    February 29th, 2012
    Posted at: 10:05 pm

    Hi SAGAR |sagarblog.com |, GE, sure

    Hi RAVI, it could add some gains if Markets see some recover, hold it with a SL at 55 (Strong support)

    Hi sudhir, hold it, strong support at 138, if broken can see 125 (cash), hold it with a SL at 145

    Hi DJ, likely to trade weak

    Hi fzwd, most welcome


  2. Aman Says:
    February 29th, 2012
    Posted at: 10:08 pm

    Hi Kartik...
    plz suggest support n resistance for Glodyne Tachno n Aban...


  3. Dinesh Kumar Says:
    February 29th, 2012
    Posted at: 10:11 pm

    how Tommorow tanker lorry strike will impact on market...


  4. lalit Says:
    February 29th, 2012
    Posted at: 10:17 pm

    Hi CB

    can touch tatamotor 300 in this week

    Thanks.


  5. Abhi Says:
    February 29th, 2012
    Posted at: 11:11 pm

    Hi CB, Good evening. Can i enter into WelCorp, Tataglobal or Hexaware tomorrow for intraday if market opens positive?


  6. SM Says:
    February 29th, 2012
    Posted at: 11:17 pm

    Hi CB, Kartik, All, GE :)
    Not feeling good abt Nifty... thinking of shorting on every rise as of now... till I get a reversal signal... lets see what happens in the days ahead... parabolic rise is a cause of concern...


  7. Kb Trader Says:
    February 29th, 2012
    Posted at: 11:30 pm

    Hi ARIJIT, Heyy.. long backk . . :)

    Hi SM, GE . ..

    Hi Kartik, GE karthik ..


  8. CB Says:
    February 29th, 2012
    Posted at: 11:38 pm

    Hi Aman, glodyne is in a downtrend. dont enter it yet. aban has resistance near 510

    Hi Dinesh Kumar, no, not sure about it yet

    Hi lalit, its facing resistance at 290 levels. as of now dont make a fresh entry yet

    Hi Abhi, Good evening. can go with hexware and tata global. looking good

    Hi SM, Good evening.. :) yes. possible correct a bit from here in coming days.


  9. CB Says:
    February 29th, 2012
    Posted at: 11:39 pm

    Hi Kb Trader, Good evening..


  10. DJ Says:
    February 29th, 2012
    Posted at: 11:43 pm

    Hi SM
    Ge..i am feeling good abt nifty future. Below 5400 watch sliding up-to 5355-5262-5254.intra day.i am short on IDFC.can i c 120 lvls?


  11. DJ Says:
    February 29th, 2012
    Posted at: 11:45 pm

    Hey CB
    GE buddy,can i c idfc @120,if breaks 138 tmrw,in cmng wk?


  12. Abhi Says:
    February 29th, 2012
    Posted at: 11:48 pm

    Thanks CB for ur advice :)


  13. vikkey Says:
    March 1st, 2012
    Posted at: 12:10 am

    Hi CB, hi cb... why gold silver dropped suddenly and continuing the fall.. can u explain what is ECB


  14. CB Says:
    March 1st, 2012
    Posted at: 12:19 am

    Hi DJ, yes. can expect some correction in idfc below 138

    Hi Abhi, most welcome

    Hi vikkey, no, not really sure of commodities. ECB stands for European central bank


  15. SM Says:
    March 1st, 2012
    Posted at: 12:30 am

    Hi Kb Trader, HI...
    Hi DJ, IDFC supp at 140 and then lower massive supp at 131. All Fut levels. Let us see if these two levels are taken out first. And, thanks a lot for Nifty levels :)
    Hi CB, Thanks :)
    Hi vikkey, ECB in finance, may mean European Central Bank... if, at all, that is what you want to know...


  16. Anwar Says:
    March 1st, 2012
    Posted at: 1:25 am

    Can I buy Wipro, Reliance for one or three month at CMP
    or any other ?

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