Intraday calls for 01-03-13

Quotes with Resistance & Support

Market Information

Intraday calls for 01-03-13

Posted on: March 1st, 2013 at 8:32 am

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Markets likely to open flat, Support for Nifty at 5600

Buy Castrol at 320, Target: 328, SL 314

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289 Responses

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Tsa Says:
March 3rd, 2013
Posted at: 3:49 pm
Hi Kartik, ok thanks
moin Says:
March 3rd, 2013
Posted at: 7:32 pm
hi cb and kartik sir what urs views on maruti suz, can i take at the current prize for march fuure, and can i short axis bank on the current levels
plz reply
CB Says:
March 3rd, 2013
Posted at: 8:16 pm
Hi Tsa, most welcome
Hi moin, no, dont enter it yet. has strong resistance at 1450 levels. Axis has support near 1350. dont go short on it yet.
Sanjit Says:
March 3rd, 2013
Posted at: 10:53 pm
Sir, I have welspun corp 600 @170.shall average at this level or hold?
SM Says:
March 3rd, 2013
Posted at: 11:33 pm
Hi CB, Kartik, Cerulean, Kb, Yogi, SAI, thaava, Arijit, Deepak Bedi, Sohan, SR, All friends (pardon me if I missed somebody by name) , Enjoy whatever is left of this Sunday. Enjoy the video in the link below. On a lighter note : WAS IT MASS HYPNOTISM FROM 7 MIN 03 SEC ONWARDS? I guess so. ENJOY and later... SLEEP WELL :)
SM Says:
March 3rd, 2013
Posted at: 11:35 pm
http://www.youtube.com/watch?v=eQsM6u0a038
CB Says:
March 3rd, 2013
Posted at: 11:59 pm
Hi Sanjit, does look a bit weak. for now its a hold. dont add more of it yet. shall look to avg once it stops falling and forms a base
Hi SM, Good evening. nice video..
SM Says:
March 4th, 2013
Posted at: 12:05 am
Hi Sanjit, Before CB, Kartik replies, look where it is now. You should have a stop loss is whatever trade you enter... be it intraday, short term, medium term, or long term. Welspun Corp has broken all support levels and is in a free-fall mode. It can so happen that it can move up from here but the trend, according to charts is definitely DOWN. So, my humble advice to you will be is : NEVER TRY TO CATCH A FALLING KNIFE. Wait for its price to settle and HOLD for now. Also, see what CB, Kartik replies...
SM Says:
March 4th, 2013
Posted at: 12:15 am
Hi CB, Thanks. Glad that you enjoyed :)
CB Says:
March 4th, 2013
Posted at: 12:56 am
Hi SM, :) Good night.. swt dreams..
Vishal Says:
March 4th, 2013
Posted at: 8:03 am
Hi CB, Hi Kartik, GM. Can we buy BPCL 400 CE for March? What is stock target for this series? Can we expect it to cross 435-440 in 2-3 weeks??
Vishal Says:
March 4th, 2013
Posted at: 8:13 am
Hi CB, Hi Kartik, Can I also buy TechM 1120 CE for March for target 75-80?
Kartik Says:
March 4th, 2013
Posted at: 8:27 am
Hi Vishal, BPCL can be entered with a tight SL at 378 for a target of 400 in 3-4 days time if Markets trade strong, dont enter Tech Mah., seems can see some proit booking ahead
Madhu Says:
March 4th, 2013
Posted at: 9:54 am
Thank you CB.
JS Says:
March 4th, 2013
Posted at: 10:44 am
Has the market touched today's low at 5665?