Quotes with Resistance & Support
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Intraday calls for 05-03-09

Posted on: March 5th, 2009 at 9:33 am

Buy Tech Mahindra at 251, target: 260. Stoploss: 247
Buy Gati at 38.45, target: 41. Stoploss: 37.70

If markets show weakness later during the day, short sell: BHEL

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127 Responses

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  1. VVDP Says:
    March 5th, 2009
    Posted at: 12:00 pm

    SHALL I SHORT BOTH....AXIS BANK AND LIC HOUSING SIR


  2. Raj Says:
    March 5th, 2009
    Posted at: 12:10 pm

    Hi Cb, when is the good time to buy Rolta & Axis bank for short term ?


  3. CB Says:
    March 5th, 2009
    Posted at: 12:11 pm

    Hi VVDP, no.. SBI looks weakest in banks..

    Hi Raj, definitely not now.. Lets wait for some more time.. maybe below 2500


  4. hari123rocks Says:
    March 5th, 2009
    Posted at: 12:17 pm

    some big party exists the stock around 90 levels and you never know their intention when they will the lasthammer this happened in case of core projects and opto circuit.best forget rolta at the moment and wait for a month.


  5. Harvinder Says:
    March 5th, 2009
    Posted at: 12:18 pm

    Hi CB,

    Where this downfall is going to stop?


  6. Harvinder Says:
    March 5th, 2009
    Posted at: 12:18 pm

    Also is recovery expected today end of session?


  7. CB Says:
    March 5th, 2009
    Posted at: 12:19 pm

    Hi Harvinder, next support is at 2540.. below this I cannot say where Nifty could go.


  8. CB Says:
    March 5th, 2009
    Posted at: 12:19 pm

    Hi Harvinder, it seems unlikely now


  9. VVDP Says:
    March 5th, 2009
    Posted at: 12:23 pm

    WHAT COULD BE THE DOWN TARGET SIR...FOR SBIN


  10. CB Says:
    March 5th, 2009
    Posted at: 12:29 pm

    Hi VVDP, it can touch 920


  11. Akila Says:
    March 5th, 2009
    Posted at: 12:32 pm

    What the hell is happening to banking stocks? sir pl advise. i am just looking at the rates coming down but unable to book a loss, hoping for a bounce back.


  12. Srinivas Says:
    March 5th, 2009
    Posted at: 12:33 pm

    Hi CB, what about TechM ? hold or sell?


  13. CB Says:
    March 5th, 2009
    Posted at: 12:34 pm

    Hi Akila, All banking stocks look weak.. Dow futures also in red.. not sure if we would see a recovery..last hope would be European markets.. keep a sl.. dont hold if it comes below the stoploss


  14. CB Says:
    March 5th, 2009
    Posted at: 12:35 pm

    Hi Srinivas, hold it as of now


  15. srv Says:
    March 5th, 2009
    Posted at: 12:37 pm

    dear cb
    what will be down side targert for icicibank for intraday.


  16. Raj Says:
    March 5th, 2009
    Posted at: 12:37 pm

    are we seeing some recovery here crossed 2600 ?

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