Quotes with Resistance & Support
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Intraday calls for 04-03-09

Posted on: March 4th, 2009 at 9:33 am

Buy National Aluminium Company at 198.50, target: 205. Stoploss: 196.
Buy Grasim Industries at 1364, target: 1395. Stoploss: 1347

If markets show weakness later during the day, short sell: Reliance infrastructure.

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90 Responses

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  1. CB Says:
    March 4th, 2009
    Posted at: 10:21 am

    Hi thiru, gm.. ICICI looks weak. .dont buy it..

    Hi padhuz, Good morning..

    Hi DS, all 3 look weak technically.. dont buy them. go short on rise..


  2. CB Says:
    March 4th, 2009
    Posted at: 10:22 am

    I WILL BE BACK IN 30 MIN..


  3. A.U Says:
    March 4th, 2009
    Posted at: 10:35 am

    Hi CB Good Morning,
    I want to know about Face Value of the Stocks........... Whats the face value ? Does Face value of the stock effect on stock price.


  4. CB Says:
    March 4th, 2009
    Posted at: 10:55 am

    Hi A.U, yes.. it does impact the stock price.. here are some links that might be helpful.

    http://www.keralabanking.com/html/what_is_face_value_of_a_share_.html

    http://www.traderji.com/fundamental-analysis/1822-face-value-factor.html


  5. rajnish kumar Says:
    March 4th, 2009
    Posted at: 10:57 am

    sir i have 2200 pe @ 15.is there any chance to increase it to 30+ by march expiry.please advice. how market looks. will it touch 2400 by expiry


  6. CB Says:
    March 4th, 2009
    Posted at: 11:03 am

    Hi rajnish kumar, as of now its a hold.. Markets look weak and could touch 2500..


  7. bharath Says:
    March 4th, 2009
    Posted at: 11:41 am

    Hi Nation Al has high of 202 till now...i have 100 @ 199.8 .
    Hold or sell at cmp?


  8. CB Says:
    March 4th, 2009
    Posted at: 11:51 am

    Hi bharath, hold it.. Exit around 201 levels..


  9. Divyesh Says:
    March 4th, 2009
    Posted at: 12:04 pm

    Hi CB Good Morning

    sold Mcdowell-n @ cmp 567 What is bottom target to exit and if there is any chances to improve please be let me know so can exit from the stock


  10. Geetha Says:
    March 4th, 2009
    Posted at: 12:06 pm

    Can i intratrade nalco @ cmp or sugguest any other stock


  11. Divyesh Says:
    March 4th, 2009
    Posted at: 12:06 pm

    can we short sell in icicibank as per order book there is seeling pressure


  12. CB Says:
    March 4th, 2009
    Posted at: 12:09 pm

    Hi Divyesh, hold it with a sl at 576..


  13. CB Says:
    March 4th, 2009
    Posted at: 12:10 pm

    Hi Geetha, no.. its 202.50 now.. dont buy it now


  14. Siraj Says:
    March 4th, 2009
    Posted at: 12:11 pm

    Hi CB, Can I buy SAIL at 74.15?


  15. CB Says:
    March 4th, 2009
    Posted at: 12:14 pm

    Hi Siraj, Sail has strong resistance at 78 levels.. dont buy it yet


  16. Divyesh Says:
    March 4th, 2009
    Posted at: 12:17 pm

    can i short sell in icici bank

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