Quotes with Resistance & Support
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Intraday calls for 05-03-10

Posted on: March 5th, 2010 at 8:15 am

Markets likely to open slightly higher. Support for nifty is at 5050 and resistance at 5200.

Buy Hitachi Home & Life Solutions (I) Ltd at 182.45, target: 189. Stoploss: 179.
Buy Numeric Power Systems Ltd at 347.05, target: 359. Stoploss: 341

9.12am – Book profits in accel frontine at 53. (technicals section)

12.25pm – to hedge longs buy 5000 put at cmp 58. sl 5150 on nifty.

1.57pm – Book profits in Hero honda at 1855 (technicals section)

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824 Responses

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  1. madhu Says:
    March 5th, 2010
    Posted at: 10:48 am

    hi CB, it is good to buy 5100pe


  2. Kb Says:
    March 5th, 2010
    Posted at: 10:48 am

    Cb, when i can enter 5100 Pe?


  3. Ankur Says:
    March 5th, 2010
    Posted at: 10:48 am

    Thanks CB, what the reason of sudden fall in asthvinayak from 90 to 12.


  4. shiva Says:
    March 5th, 2010
    Posted at: 10:48 am

    if EU opens positive can we move ahead a bit?


  5. Mohit Says:
    March 5th, 2010
    Posted at: 10:48 am

    Holding IDBI@119. shall i book profit or hold?


  6. aba Says:
    March 5th, 2010
    Posted at: 10:48 am

    chirag bhai tgt & duration of holding for hero honda


  7. CB Says:
    March 5th, 2010
    Posted at: 10:49 am

    Hi ganesh, no, not yet

    Hi satpal, it has strong resistance at 1030-1040. will do well once it crosses it

    Hi Arun, book partial for now. i had mistaken it for mcd holdings

    Hi Raj, if in profits book some.


  8. Raj Says:
    March 5th, 2010
    Posted at: 10:50 am

    i want to short sell.. sun tv can i ??


  9. nitin Says:
    March 5th, 2010
    Posted at: 10:51 am

    hi CB... hope you are fine...there is a high probability of increase in inerest rate in april... will it affect realty shares in negative.. if possible pls advice via e mail..
    i ve DLF @ 322 and unitech @ 83..


  10. vasanth Says:
    March 5th, 2010
    Posted at: 10:51 am

    Hi CB,

    Can i enter into Sesa goa for intraday??


  11. CB Says:
    March 5th, 2010
    Posted at: 10:51 am

    Hi madhu, not yet

    Hi Kb, lets wait.

    Hi rashid, hmm

    Hi shiva, yes

    Hi Ankur, there was a stock split

    Hi Mohit, book partial for now

    Hi aba, 2-3 days can see 1850

    Hi Raj, not yet


  12. Arun Says:
    March 5th, 2010
    Posted at: 10:52 am

    CB,Let me ask my question again. Is Herohonda good for Intraday? ( I dont have MCD, so cant book it. I believe MCD is not a good buy as well).


  13. Asri Says:
    March 5th, 2010
    Posted at: 10:52 am

    Hi CB,

    Bought GSPL @ 91.85.

    Advice pls. and price tgt.

    Thanks


  14. Poni Says:
    March 5th, 2010
    Posted at: 10:52 am

    Hi CB,

    Is it right time to invest India Glycols?


  15. suzane Says:
    March 5th, 2010
    Posted at: 10:52 am

    can numeric pwer head upto 360 as u replied arun ... Shall i make a buy trade on it ?? Is that for intraday ??


  16. Shanthi Says:
    March 5th, 2010
    Posted at: 10:53 am

    Hi CB, what is the target price for EScorts today ?

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