Quotes with Resistance & Support
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Intraday calls for 23-03-10

Posted on: March 23rd, 2010 at 8:08 am

Markets likely to open slightly positive. Support for nifty is at 5170 and resistance at 5260.

Buy Excel Crop Care Ltd at 172.20, target: 178. Stoploss: 169.

If markets show weakness later during the day, sell: HDIL – (book profits at 278)

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503 Responses

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Comment pages: 242526272829303132Show all

  1. DS Says:
    March 24th, 2010
    Posted at: 4:48 pm

    Dear CB,

    Please can you suggest to me how can one instill discpline and hedge and get some decent gains from trading....


    Warm regards,

    DS


  2. Merwan Says:
    March 24th, 2010
    Posted at: 5:01 pm

    Hi CB,
    Wishing you and all the nseguide followers a very happy Ramnavmi. Can you please tell what does it indicate when the Nifty is showing to be trading at a Discount or Premium? Also, your views on NHPC and why is it underperforming?

    Thanks,
    Merwan


  3. Ravii Says:
    March 24th, 2010
    Posted at: 5:28 pm

    Hello CB,
    Can i have the nifty range for tomorrow as europe is flat as of now?


  4. option Says:
    March 24th, 2010
    Posted at: 8:16 pm

    hello r u expecting anu major correction for 150 points in nifty soon?


  5. Kartik Says:
    March 24th, 2010
    Posted at: 8:21 pm

    Hi keval, it can see 1250 in the coming days

    Hi ganga, it ran up a lot in the past few days, and is facing some profit booking as of now

    Hi Raghav, buy some of Confidence Petor and SEL manufacturing

    Hi Merwan, Happy Ramnavmi to you to, Discount means that in futures the Nifty is trading lower as compared to the cash market and Premium, means that in futures' Nifty is trading higher, as compared to its Cash Price, NHPC seems to face some consolidation at current levels, it shall do well in the Short run, hold it

    Hi Ravii, 5230-5260


  6. Kartik Says:
    March 24th, 2010
    Posted at: 8:21 pm

    Hi option, not likely, we might see some consolidation as of now


  7. keval Says:
    March 24th, 2010
    Posted at: 8:25 pm

    tatamotors expiry where its going to be


  8. bhuvana Says:
    March 24th, 2010
    Posted at: 8:55 pm

    can i buy heidelber cemnet and bharit at cmp now


  9. ganga Says:
    March 24th, 2010
    Posted at: 9:42 pm

    why Gujarat Ambuja Exports Ltd is not moving up


  10. suzane Says:
    March 24th, 2010
    Posted at: 10:34 pm

    looking at asian, and two days u.s market .. Whats ur view on tommorows market ??
    Secondly yesterday u.s market was in green and today its in red... So overall which one is considered ??


  11. jeetu Says:
    March 24th, 2010
    Posted at: 10:42 pm

    Hi CB/KARTIK US tonch 18 months high yday and can v see nifty taste new high in few coming sessions? 5200 level is best to buy a nifty , if not then @ wat level can buy nifty ?


  12. tuff money Says:
    March 24th, 2010
    Posted at: 10:58 pm

    usa is down cb. what to expect from markets tomorrow? writting 5200 puts a good idea if nifty touches / comes close to it?


  13. santosh Says:
    March 25th, 2010
    Posted at: 12:09 am

    Hi CB...After AT& T buy can I buy techm April future or it will impact negatively


  14. manish Says:
    March 25th, 2010
    Posted at: 2:30 am

    hi CB....where do u see bharti airtel from cmp ? do u suggest buy on it ?


  15. CB Says:
    March 25th, 2010
    Posted at: 3:19 am

    Hi keval, around 630. has good support at 630-640

    Hi bhuvana, no, dont enter them now. wait for some dip

    Hi ganga, technically looks a bit weak

    Hi suzane, yes, we may open slightly lower.

    Hi jeetu, no, dont go long yet. wait for some time.

    Hi tuff money, yes. we may open slightly lower

    Hi santosh, no, not really sure how markets would react to it.

    Hi manish, in short/med term it can see 350.

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