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. ASHDIN Says:
    March 5th, 2010
    Posted at: 1:04 pm

    sir can u suggets two stocks that i can intra trade next week


  2. Chandrika Says:
    March 5th, 2010
    Posted at: 1:04 pm

    HI CB

    I bought unitech @78.50. What can I do . Pls suggest


  3. CB Says:
    March 5th, 2010
    Posted at: 1:05 pm

    Hi Manasa, dont add more yet. wait for some time.

    Hi mohu, most welcome

    Hi Ravi, yes.

    Hi askathiravan, yes, can add some if markets remain good.


  4. DS Says:
    March 5th, 2010
    Posted at: 1:06 pm

    HI CB,

    Any idea about DQ entertainment. They are coming up with their IPO at a price band of 80 and its supposed to list @ 100. Apparently this is info coming in from the mgt. Can this happen?

    After the ARSS Infra fiasco i am very tempted. Any idea why did ARSS double in such a few days?

    Warm Regards,

    DS


  5. Bunty Says:
    March 5th, 2010
    Posted at: 1:06 pm

    Hi cb, how is arss infra for trading? what is it today's target?


  6. Geetha Says:
    March 5th, 2010
    Posted at: 1:06 pm

    can i buy KRBL @ cmp (swing call given by broker) target 30/32


  7. CB Says:
    March 5th, 2010
    Posted at: 1:06 pm

    Hi ganesh, not sure as of now


    Hi Shanthi, exit from it for now.

    Hi ASHDIN, buy some of hero honda

    Hi Chandrika, if for short term, continue to hold it. looks good.


  8. V D Says:
    March 5th, 2010
    Posted at: 1:08 pm

    CB, holding 5100PE @ 98, should i exit here or target pls .......


  9. CB Says:
    March 5th, 2010
    Posted at: 1:08 pm

    Hi DS, yes, is possible if they are saying so. apply for it.

    Hi Bunty, not sure about this one

    Hi Geetha, no, not yet wait for some dip.


  10. CB Says:
    March 5th, 2010
    Posted at: 1:08 pm

    Hi V D, yes, hold it. can add 25-30%


  11. DS Says:
    March 5th, 2010
    Posted at: 1:11 pm

    Dear CB,

    Isnt that pure price rigging? Any clues why Ind Swift Lab went crazy and rose by ten bucks and has now fallen again?


    Warm Regards,

    DS


  12. CB Says:
    March 5th, 2010
    Posted at: 1:12 pm

    Hi DS, yes.. indswift is a good short/med term play. can see 85.


  13. CB Says:
    March 5th, 2010
    Posted at: 1:13 pm

    ill be back in some time..
    ;l


  14. vijaai Says:
    March 5th, 2010
    Posted at: 1:16 pm

    HI CB, I bought Nemeric Power @ 350. shall I exit or Hold? Now market price is 341


  15. sanjana Says:
    March 5th, 2010
    Posted at: 1:17 pm

    Is zee gonna move up at all today :X

    (PS: how do i put a pic here,anybody?)


  16. rajat Says:
    March 5th, 2010
    Posted at: 1:18 pm

    Hi Cb ,

    I have nifty call . What to do ? shd I sell in loss and buy put

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