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. shiva Says:
    March 5th, 2010
    Posted at: 10:59 am

    Cb, g s auto everyday opens up and the comes down...why so?? its trend seems to hv changed inlast 2 days


  2. CB Says:
    March 5th, 2010
    Posted at: 11:00 am

    Hi Arun, no, not yet

    Hi seshu, can see 2050. no, its not negative

    Hi hari, no, looks strong technically. one can buy in small quantity


  3. CB Says:
    March 5th, 2010
    Posted at: 11:00 am

    Hi shiva, not really sure.


  4. ASHISH Says:
    March 5th, 2010
    Posted at: 11:01 am

    CB, I AM SHORT WITH ONE LOT OF RENUGA SUGAR @ 171.00. PLS ADVISE SL AND TARGET


  5. friend Says:
    March 5th, 2010
    Posted at: 11:03 am

    yaar cb look at zicom


  6. HK Says:
    March 5th, 2010
    Posted at: 11:03 am

    Hi CB, I want to trade in MINIFTY APR & May, what should i do at current level ? Pl. advice with Tgt.


  7. Lalith Says:
    March 5th, 2010
    Posted at: 11:03 am

    can suzlon see 82 today ?


  8. shiva Says:
    March 5th, 2010
    Posted at: 11:03 am

    can i buy something else if booked profits in gmdcc?? if not i will hold it...


  9. CB Says:
    March 5th, 2010
    Posted at: 11:03 am

    Hi friend, Yep. going strong. may hit a circuit

    Hi HK, as of now no call on nifty. lets wait for some time.


  10. CB Says:
    March 5th, 2010
    Posted at: 11:04 am

    Hi Lalith, yes

    Hi shiva, no, as of now no new call.


  11. serenity Says:
    March 5th, 2010
    Posted at: 11:05 am

    CB whats the target for Zicom? I am holding at 118


  12. rsk Says:
    March 5th, 2010
    Posted at: 11:05 am

    hi cb.. can i go short on SESA GOA?


  13. CB Says:
    March 5th, 2010
    Posted at: 11:05 am

    Hi serenity, around 135-140


  14. sathya Says:
    March 5th, 2010
    Posted at: 11:05 am

    sir can i buy escorts at current price?


  15. rashid Says:
    March 5th, 2010
    Posted at: 11:06 am

    can i short zicom at 132


  16. CB Says:
    March 5th, 2010
    Posted at: 11:06 am

    Hi sathya, no, not yet

    Hi rsk, not yet

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