Quotes with Resistance & Support
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Intraday calls for 11-03-10

Posted on: March 11th, 2010 at 8:13 am

Markets likely to see a flat opening. Support for nifty is at 5070 and resistance at 5150.

Buy Hindustan Petroleum Corporation Ltd at at 339.10, target: 347. Stoploss: 333.

If markets show weakness later during the day, sell: HDFC Bank

Trade in small quantities.

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687 Responses

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  1. nitin Says:
    March 12th, 2010
    Posted at: 12:55 am

    cb i have bought educomp future @712 kindly tell me the targets and upto what time. Thanks in advance


  2. CB Says:
    March 12th, 2010
    Posted at: 1:12 am

    Hi saravan, most welcome.. Good night

    Hi porn, i dont recall asking to short idea. after the news of merger with spice it was buy for med/long term

    Hi suzane, thanks.

    Hi nitin, it looks good above 725. can see 745. hold it with sl at 725

    Hi varun soni, thanks.


  3. Guest Says:
    March 12th, 2010
    Posted at: 2:27 am

    Hi CB,
    I am NRI and do purchasing using NRI demat a/c. The restriction is can not do intra day. Can say after 1 day only.
    I want to do trading. Can you suggest me some 4-5 scrips which I can use for trading i.e buy on fall and sell them with 2-3 days with some profits.


  4. amit Says:
    March 12th, 2010
    Posted at: 7:27 am

    sir,got call.........buy 5200putat 80,,,,sell 5000put at 25,,,,maximimum profit 7250per lot,,,,,,,,maximimum loss 2300 per lot............WHAT DOES THIS MEAN,,,BUYING 5200PUT IS UNDERSTANDABLE,BUT SELLING 5000PUT??HOW DOES WE SELL WITHOUT BUYING IT.........PLEASE EXPLAIN


  5. sunil Says:
    March 12th, 2010
    Posted at: 7:38 am

    gud morning cb, Us markets continiously rallying already reached the 52week high.
    So i think are market also can pick up any moment. Am having put wat shd i do.


  6. bhuvana Says:
    March 12th, 2010
    Posted at: 7:42 am

    dear cb pl suggest some small and mid cap for one year investiment pl


  7. bhuvana Says:
    March 12th, 2010
    Posted at: 7:44 am

    for quick deal also suggest some shares please'cc'


  8. chandu Says:
    March 12th, 2010
    Posted at: 7:50 am

    Hi cb, GM

    whats the overall trend of market for march expiry? can we expect 5300 in march


  9. CB Says:
    March 12th, 2010
    Posted at: 7:52 am

    Hi Guest, sure. on dips add ifci, shiv-vani oil & Reliance

    Hi amit, yes, thats short selling. we can do that. if the put price moves higher we will be in a lot, if the put price goes down then we will be in profit

    Hi sunil, yes, seems we will open flat. today markets will take queues from the iip data. for now hold the put

    Hi bhuvana, go with sel man, karuturi global, vikas wsp for long term. as of now no new short term call.


  10. CB Says:
    March 12th, 2010
    Posted at: 7:55 am

    Hi chandu, Good morning. 5300 seems unlikely as of now.om the upside if nifty breaks 5160 then can head upto 5200. downside support is at 5070


  11. amit Says:
    March 12th, 2010
    Posted at: 7:59 am

    today i got to go class,,,,,,may i give order to buy 5000put at 18-19 levels,,,,,as there is chance of nifty touching 5180levels,,,,,please tell me possible rate of 5000put if nifty is at 5180-5200 levels


  12. CB Says:
    March 12th, 2010
    Posted at: 8:03 am

    Hi amit, ok. as of now seems we will open 10-15 points lower. if iip data is good then markets could come up a bit.


  13. pinto Says:
    March 12th, 2010
    Posted at: 8:17 am

    good mng cb, i bought bhel, aban, ralcap, petronet. what should i do plz suggest ?/


  14. Lata Says:
    March 12th, 2010
    Posted at: 8:21 am

    Hi CB, gud morning, today no calls or wht????


  15. CB Says:
    March 12th, 2010
    Posted at: 8:21 am

    Hi pinto, Good morning. for now hold them. markets are not really doing much since quite some time. keep sl at 5090

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