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. Kb Says:
    March 5th, 2010
    Posted at: 11:07 am

    Hi CB,

    Cb, at what level i can enter in PE?


  2. CB Says:
    March 5th, 2010
    Posted at: 11:07 am

    Hi rashid, no, looks strong.


  3. Deepak7791 Says:
    March 5th, 2010
    Posted at: 11:07 am

    Bought Hikal at 384 and now at 380. It gave a breakout yesterday. If i hold on to it for a week or so do you think it can see 400+ levels?


  4. serenity Says:
    March 5th, 2010
    Posted at: 11:07 am

    Thanks CB


  5. CB Says:
    March 5th, 2010
    Posted at: 11:08 am

    Hi Kb, 5130

    Hi Deepak7791, yes hold onto it. will do well

    Hi serenity, most welcome.


  6. Lalith Says:
    March 5th, 2010
    Posted at: 11:09 am

    cb can we book profits in zicom ?


  7. CB Says:
    March 5th, 2010
    Posted at: 11:09 am

    ill be back in some time.


  8. Kb Says:
    March 5th, 2010
    Posted at: 11:09 am

    Hi CB,

    ok cb..


  9. Anil Bhambhani Says:
    March 5th, 2010
    Posted at: 11:10 am

    CB i have short APTECH at 179.40 please advice


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

    Hi, CB, can I enter Ajanata Pharma are CMP? Thanks.


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

    Hi CB,

    Can i exit Core projects at the current cmp of 235.50 or wait for some more time ?


  12. serenity Says:
    March 5th, 2010
    Posted at: 11:10 am

    CB how is SREI Infra looking on charts. Should I hold it or exit


  13. Deepak7791 Says:
    March 5th, 2010
    Posted at: 11:12 am

    Ok Thanks a Lot CB.

    Do you advice to hold on to renuka CA 180 or should i exit now


  14. harish Says:
    March 5th, 2010
    Posted at: 11:16 am

    thanks for the awesome call on hitachi. bought at 185 sold at 191.90


  15. rev Says:
    March 5th, 2010
    Posted at: 11:18 am

    hi, will i now get some intraday tip from you


  16. Nithin Says:
    March 5th, 2010
    Posted at: 11:18 am

    hi CB
    shall i buy SREINTFIN at current prize

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