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. CB Says:
    March 5th, 2010
    Posted at: 8:31 am

    Hi sandeep, allied can be bought above 328. dont enter glodyne yet. not sure about suzler india

    Hi rashid, no, dont enter any of these yet


  2. seshu Says:
    March 5th, 2010
    Posted at: 8:31 am

    good morning


  3. sanjana Says:
    March 5th, 2010
    Posted at: 8:31 am

    CB....India infoline CMP 120............is it ok to expect around 123 today?


  4. Chandrika Says:
    March 5th, 2010
    Posted at: 8:31 am

    HI CB

    Good Morning

    Can I enter above those two calls at the opening ? Pls suggest


  5. CB Says:
    March 5th, 2010
    Posted at: 8:32 am

    Hi ARIJIT DAS, enter in small quantity for now

    Hi manik, around 5150

    Hi senthil, apollo looks good

    Hi Kb, yes. thats imp data

    Hi seshu, Good morning.


  6. Kb Says:
    March 5th, 2010
    Posted at: 8:33 am

    Hi CB,

    Cb, can we expect RBI action due to food prices .. when it will be??


  7. CB Says:
    March 5th, 2010
    Posted at: 8:33 am

    Hi sanjana, no, dont enter it yet

    Hi Chandrika, Good morning. yes.


  8. S.K. Says:
    March 5th, 2010
    Posted at: 8:33 am

    GM CB N ALL.


  9. CB Says:
    March 5th, 2010
    Posted at: 8:34 am

    Hi Kb, no, not sure.


  10. Manasa Says:
    March 5th, 2010
    Posted at: 8:34 am

    Hi CB,

    Good Morning... Can U pls suggest one from the following penny shares for Intraday Trading wchich wud give definite returns. Please suggest if any other stoch is better than the below...

    Haldyn Glass Gujarat Ltd (Public, BOM:515147)
    Shree Ashtavinayak Cine Vision Ltd(Public, BOM:532793)
    SYLPH TECH (Public, BOM:511447)
    India Foils Ltd (Public, BOM:509684)
    Swasti Vinayaka Gems
    INDO BONITO (Public, BOM:531084)
    CHD Developers Ltd (Public, BOM:526917
    Brahmanand Himghar Limited (Public, BOM:590081)
    Jasch Industries Ltd(NDA) (Public, BOM:500220)
    TRC FINAN SE (Public, BOM:511730)
    ADITYA FORGE (Public, BOM:522150)
    IFL PROMOTERS LTD. INR10 (Public, BOM:511682)
    CHD Developers Ltd (Public, BOM:526917)
    JAGAN LAMPS (Public, BOM:530711)
    Siddhartha Tubes (Public,BOM:523728)
    GSB FINANCE LTD IRN10 (Public, BOM:511543)
    Vippy Spinpro Ltd(NDA) (Public, BOM:514302)
    KONKAN TYRES (Public, BOM:526379)
    POLY POL (I) (Public, BOM:531454)
    SUNGOLD CAPI (Public, BOM:531433)
    GULSHAN CHEM (Public, BOM:532425)


  11. ARIJIT DAS Says:
    March 5th, 2010
    Posted at: 8:34 am

    OK, THANKS TO U................


  12. sanjay Says:
    March 5th, 2010
    Posted at: 8:34 am

    Good morning to all. Sgx Nifty trades with 5097.5, up 18 points.


  13. CB Says:
    March 5th, 2010
    Posted at: 8:34 am

    Hi S.K., Good morning.


  14. seshu Says:
    March 5th, 2010
    Posted at: 8:35 am

    goodmorning cb ... a 1 percent down reliance bounce back today?


  15. akram Says:
    March 5th, 2010
    Posted at: 8:35 am

    hi CB.

    Should I buy a call option on nifty for intraday today.???
    What should be the stop loss and target


  16. CB Says:
    March 5th, 2010
    Posted at: 8:35 am

    Hi sanjay, thanks.

    Hi Manasa, Haldyn Glass looks good.

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