Intraday calls for 03-09-12

Quotes with Resistance & Support

Market Information

Intraday calls for 03-09-12

Posted on: September 3rd, 2012 at 8:28 am

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Markets likely to open flat. Support for nifty is at 5240.

Buy Century Textiles at 313.30, target: 321. Stoploss: 307 – (Book profit in Century textile at 320-321)

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469 Responses

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suresh Says:
September 3rd, 2012
Posted at: 3:10 pm
thank cb..is technically nifty looks weak? is market due for a small correction?
ravii Says:
September 3rd, 2012
Posted at: 3:11 pm
Hello CB,
Long on nifty ..shall i hold for tomorrow or exit ?
CB Says:
September 3rd, 2012
Posted at: 3:11 pm
Hi suresh, if closes below 5240 could see further selling pressure upto 5150
CB Says:
September 3rd, 2012
Posted at: 3:12 pm
Hi ravii, yes, hold it.
RT Says:
September 3rd, 2012
Posted at: 3:13 pm
hi cb shall i add more bob
S. Sarkar Says:
September 3rd, 2012
Posted at: 3:13 pm
Can we expect Nifty 5350+ tomorrow?
CB Says:
September 3rd, 2012
Posted at: 3:15 pm
Hi RT, no, lets wait till tomorrow
Hi S. Sarkar, may take 2-3 days. nifty needs to hold onto support of 5240-5250 for a good bounce.
dilip Says:
September 3rd, 2012
Posted at: 3:16 pm
Hi CB sir,
I have 250 of Glenmark pharma at 344.70 it is hold or sale. i had taken for intraday. what is the SL.
CB Says:
September 3rd, 2012
Posted at: 3:17 pm
Hi dilip, if intraday, exit frm cmp. can hold it for short term.
ARCHANAA Says:
September 3rd, 2012
Posted at: 3:17 pm
HI CB/SR Sir,
ur view on union bk,boi,infy
sl,tgt plz.
dilip Says:
September 3rd, 2012
Posted at: 3:18 pm
CB sir,
Glen mark @334.70/-
ravii Says:
September 3rd, 2012
Posted at: 3:18 pm
Hello CB,
Thank you.Also holding Axis bank 1040 call but badly since two days it is not doing much ..its going down..Can we expect any bounce in 1 or 2 days?
raja Says:
September 3rd, 2012
Posted at: 3:20 pm
CB sir, What about 1350 TCS CE? Pls advice sir
CB Says:
September 3rd, 2012
Posted at: 3:21 pm
Hi ARCHANAA, bank nifty and nifty are near good support levels. can bounce back frm here it seems
Hi dilip, ok. if can hold for short term, hold it. can see 450
Hi ravii, most welcome. yes, hold it. keep sl at 9950 on bank nifty and hold it
Rajesh Says:
September 3rd, 2012
Posted at: 3:21 pm
HI CB,
Holding RELINFRA Future 4 Lots at 465 and everyday this script is going down.
Can you please suggest as occuring now hefty loss.
Regards,
Rajesh
CB Says:
September 3rd, 2012
Posted at: 3:22 pm
Hi raja, its a hold. can see 1350 in 1-2 days
Hi Rajesh, it does have strong support at 420. hold it for 2-3 days. can expect a bounce from here.