Quotes with Resistance & Support
Market Information

Intraday calls for 03-03-10

Posted on: March 3rd, 2010 at 8:16 am

Markets likely to see a flat opening. Support for nifty is at 4980 and resistance at 5065.

Buy Core Projects & Technologies Ltd at 226.80, target: 234. Stoploss: 221.50 – (book profits at 232)

10.40am – short ranbaxy in futures at cmp 473.50 for a target of 468. strict sl 477 – (target achieved)

2.13pm – some may already be holding it – buy hero honda at 1811 target 1825, sl 1802.

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593 Responses

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Comment pages: 192021222324252627Show all

  1. seshu Says:
    March 3rd, 2010
    Posted at: 12:30 pm

    Looking at some stocks like axis, maruthi etc. indicating intraday profit booking in the second half, and my positive look strongly denying it. Hoping nifty cross its resistence level of 5090. And these stocks will recover modestly... Suggest your view.


  2. CB Says:
    March 3rd, 2010
    Posted at: 12:30 pm

    Hi Bala, most welcome.


  3. nagesh Says:
    March 3rd, 2010
    Posted at: 12:31 pm

    Hi CB, Currently i have

    Yes bank 90@255,
    Airtel 145@305,
    Suzlon 100@77,
    NIIT Tech 100@175,
    Neuland 120@107

    Pls suggest me to hold or exit from the above scritps.


  4. CB Says:
    March 3rd, 2010
    Posted at: 12:31 pm

    Hi seshu, yes. but since we have seen a good upmove is last 3 days. some profit booking could kick in


  5. SunilRao Says:
    March 3rd, 2010
    Posted at: 12:32 pm

    Hi Cb, you missed my query. That's the intraday target for mcdowell-n please?


  6. CB Says:
    March 3rd, 2010
    Posted at: 12:32 pm

    Hi nagesh, for now hold them. they will do well in short term.


  7. CB Says:
    March 3rd, 2010
    Posted at: 12:33 pm

    Hi SunilRao, around 1450


  8. SunilRao Says:
    March 3rd, 2010
    Posted at: 12:34 pm

    thx cb :)


  9. Raj Says:
    March 3rd, 2010
    Posted at: 12:34 pm

    Hi CB can i sell nifty @ cmp ??


  10. nagesh Says:
    March 3rd, 2010
    Posted at: 12:34 pm

    Thanks CB


  11. Ravi Says:
    March 3rd, 2010
    Posted at: 12:34 pm

    Hi CB, Can I buy 4900 put at 42 level


  12. CB Says:
    March 3rd, 2010
    Posted at: 12:35 pm

    Hi SunilRao, most welcome

    Hi Raj, lets wait till europe opens

    Hi nagesh, most welcome

    Hi Ravi, go with a 5000 put for now with sl at 5070 closing basis.


  13. keval Says:
    March 3rd, 2010
    Posted at: 12:35 pm

    sir but if i exit jindalsaw at 202 then it would be loss i.e due to brokerage


  14. CB Says:
    March 3rd, 2010
    Posted at: 12:36 pm

    Hi keval, yes, technically it looks good. if we get a dip upto 200-201 then exit it for now.


  15. AJ Says:
    March 3rd, 2010
    Posted at: 12:37 pm

    Hi CB

    what is the TGT of 5000 put?


  16. Vijay Says:
    March 3rd, 2010
    Posted at: 12:39 pm

    Hi CB, i have CAIRN @272.75. intra day target for this ?

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