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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Comment pages: 123456789Show all

  1. CB Says:
    February 29th, 2012
    Posted at: 9:07 am

    Hi divya, dont enter these on a gap up opening

    Hi Akash, yes, its likely to.


  2. arindam Says:
    February 29th, 2012
    Posted at: 9:09 am

    Hindcopper - buy 277-278 Today's Target : 294 - 297 Sl - 260


  3. Kb Trader Says:
    February 29th, 2012
    Posted at: 9:09 am

    Hi CB, Gm cbb .. .


  4. preeti Says:
    February 29th, 2012
    Posted at: 9:10 am

    hi cb,

    i am new to trading . want to know if we can sell nifty ce and then buy after 3 or 4 days


  5. ROHITR Says:
    February 29th, 2012
    Posted at: 9:10 am

    Hi CB, GM SIR


  6. ROHITR Says:
    February 29th, 2012
    Posted at: 9:12 am

    Hi Kb Trader, GM SIR, TELL ME NIFTY LEVEL TODAY


  7. CB Says:
    February 29th, 2012
    Posted at: 9:12 am

    Hi arindam, thanks

    Hi Kb Trader, Good morning

    Hi preeti, yes, but shorting options is a high risk bet. can buy a pe instead

    Hi ROHITR, Good morning.


  8. SS Says:
    February 29th, 2012
    Posted at: 9:13 am

    MUMBAI: State-run Oil and Natural Gas Corp will launch on Thursday a share sale through an auction that aims to raise at least $2.5 billion. The offering will close on the same day, the company said.

    The government will sell 5 percent of its holding, or about 428 million shares, in the offering and the floor price for the issue has been set at 290 rupees a share, ONGC said in a notice to stock exchanges late on Tuesday.


  9. CB Says:
    February 29th, 2012
    Posted at: 9:13 am

    Hi ROHITR, can test 5420. has resistance near 5400-5420


  10. ASHOK SINGH Says:
    February 29th, 2012
    Posted at: 9:14 am

    Good Morning CB & Kartik Sir,


  11. preeti Says:
    February 29th, 2012
    Posted at: 9:14 am

    i am having an account in zerodha and when i shorted it automatically got squred off at 3


  12. SONY Says:
    February 29th, 2012
    Posted at: 9:14 am

    HI KB,
    GOOD MORNING
    ANY TIP FOR TODAY ?


  13. sudhir Says:
    February 29th, 2012
    Posted at: 9:15 am

    Hi CB,
    Gud mrng, I have 2 lots Puts@5200 at 78 so wt should i do ? can i hold or ?


  14. CB Says:
    February 29th, 2012
    Posted at: 9:16 am

    Hi ASHOK SINGH, Good morning

    Hi preeti, ok..

    Hi SONY, Good morning. can buy some of hpcl

    Hi sudhir, hold it for now.


  15. gkpstar Says:
    February 29th, 2012
    Posted at: 9:17 am

    No able to buy hpcl cb , its saying order request tried 2 time :( not sure whwtas the issue


  16. SS Says:
    February 29th, 2012
    Posted at: 9:18 am

    Hi CB,
    Shd we hold ongc or exit at 292 ?

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