Quotes with Resistance & Support
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Intraday calls for 02-03-16

Posted on: March 2nd, 2016 at 8:30 am

Markets likely to open gap up. Resistance for Nifty is at 7330. Bank Nifty has resistance at 14620.

No pre-market call for today

10.04am – Buy VIP Industries at 98.35, target: 103. Stoploss: 96.5 – (Continue to hold VIP for BTST if possible)

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161 Responses

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  1. prema Says:
    March 2nd, 2016
    Posted at: 8:35 am

    Hi CB,

    Good Morning.

    Planning to take 5 lots of 7450 at CMP , Please suggest.


  2. CB Says:
    March 2nd, 2016
    Posted at: 8:36 am

    Hi prema, Good morning. not really sure of entering it at a gap up opening. best to wait for some intraday dip


  3. Prabhu Says:
    March 2nd, 2016
    Posted at: 8:36 am

    Sir, Arvind & dlf intraday target pls


  4. pavan Says:
    March 2nd, 2016
    Posted at: 8:37 am

    Sir, what can be the target for MCDOWELL-N ( united spirits) for today.


  5. Vasavi Says:
    March 2nd, 2016
    Posted at: 8:37 am

    What about reliance power and industries ?
    Also pls suggest can i get bosch now ?


  6. CB Says:
    March 2nd, 2016
    Posted at: 8:39 am

    Hi Prabhu, arvind can test 264.

    Hi Vasavi, rpower above 46 can test 48. bosch can test 17500 in a day or 2.

    Hi pavan, can test 2680


  7. siva Says:
    March 2nd, 2016
    Posted at: 8:42 am

    GOOD MORNING SIR, HDFC BANK FOR TODAY


  8. Sumit Says:
    March 2nd, 2016
    Posted at: 8:44 am

    Sir what about larsen and Toubro and Bhel??


  9. CB Says:
    March 2nd, 2016
    Posted at: 8:44 am

    Hi siva, Good morning. it has resistance at 992. can test it once today


  10. Harshal Says:
    March 2nd, 2016
    Posted at: 8:44 am

    GM Sir, what are your views on Good Luck Steel and RCOMM for short term? Can I enter for 2-3 days? I am holding SBI at 167. Shall I continue holding or sell near my book price? How does SBI look for 2-3 months? Can it reach 195-200 levels.


  11. CB Says:
    March 2nd, 2016
    Posted at: 8:45 am

    Hi Sumit, LT above 1130 can test 1150. bhel is a hold with sl at 91 for now


  12. Shani Says:
    March 2nd, 2016
    Posted at: 8:45 am

    Hi CB, Any chances that Banknifty to slip down to 14150 level today? It is heard that Rate cut is only a rumor??


  13. CB Says:
    March 2nd, 2016
    Posted at: 8:46 am

    Hi Harshal, Good morning. these are still going a bit weak. dont enter yet. sbin is a hold. can test 170-175 in coming days. rcom can be added above 55


  14. niveda Says:
    March 2nd, 2016
    Posted at: 8:46 am

    Good Morning CB. Yesterday i have bought Nifty PE7100 @ 111. Whether i will hold or exit. Please guide me


  15. CB Says:
    March 2nd, 2016
    Posted at: 8:46 am

    Hi Shani, seems a bit unlikely. above 14450 can move higher.


  16. CB Says:
    March 2nd, 2016
    Posted at: 8:47 am

    Hi niveda, Good morning. would advice to exit on dips in intraday for now. seems may remain positive today too

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