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: 12:38 pm

    Hi LP, go with hmt for now.


  2. samma Says:
    March 5th, 2010
    Posted at: 12:39 pm

    any kind of share for intraday
    aslo
    abv
    RNRL have 50 share 65..................


  3. chandu Says:
    March 5th, 2010
    Posted at: 12:39 pm

    Hi CB,

    Why market is down suddenly. Any profit booking is going on?
    can i enter CE or PE now?


  4. CB Says:
    March 5th, 2010
    Posted at: 12:39 pm

    Hi samma, no, as of now no new call. continue to hold rnrl. looks good for short term.


  5. samma Says:
    March 5th, 2010
    Posted at: 12:40 pm

    tnx


  6. CB Says:
    March 5th, 2010
    Posted at: 12:40 pm

    Hi chandu, some profit booking coming in. buy pe for now.


  7. shiva Says:
    March 5th, 2010
    Posted at: 12:40 pm

    can we see 5100 again today?


  8. CB Says:
    March 5th, 2010
    Posted at: 12:40 pm

    Hi samma, most welcome

    Hi shiva, lets see how europe opens.


  9. Chida Says:
    March 5th, 2010
    Posted at: 12:42 pm

    Hi CB,

    When should I book profit in ZICOM (I can hold for 7 days)
    Bought @ 125
    Pls advise


  10. CB Says:
    March 5th, 2010
    Posted at: 12:43 pm

    Hi Chida, yes, hold it. can add 4-7rs


  11. Ram M Says:
    March 5th, 2010
    Posted at: 12:43 pm

    At what price shall i enter Renuka 190 call sir?


  12. Chida Says:
    March 5th, 2010
    Posted at: 12:43 pm

    Thanks CB for ur prompt reply.
    What is the target?


  13. shiva Says:
    March 5th, 2010
    Posted at: 12:43 pm

    CB will educomp hold on? or exit in 300 rs loss?


  14. CB Says:
    March 5th, 2010
    Posted at: 12:45 pm

    Hi Ram M, no, not yet. wait for some time.

    Hi Chida, most welcome. around 140

    Hi shiva, no. hold it.


  15. pooja Says:
    March 5th, 2010
    Posted at: 12:46 pm

    hi CB, i m holding zicom at 125 shud i hold or exit plz suggest..


  16. ramesh Says:
    March 5th, 2010
    Posted at: 12:46 pm

    intraday target for suzlon

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