Quotes with Resistance & Support
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Intraday calls for 05-03-12

Posted on: March 5th, 2012 at 8:32 am

Markets likely to open a bit lower. Support for nifty is at 5290 and resistance at 5420.

Buy Bajaj Finserv at 625-630, target: 653. Stoploss: 617

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330 Responses

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  1. SAMEER Says:
    March 5th, 2012
    Posted at: 5:53 pm

    HII CB SIR I HAVE JSW ENG SHOULD i HOLD IT OR BETTER TO SELL NOW
    I ALSO HAVE MAH AND MAH AND TECH MAHI PLS TELL ME SUPPORT AND RESI LEVEL FOR THEM T


  2. CB Says:
    March 5th, 2012
    Posted at: 5:59 pm

    Hi fzwd, may take some time it seems. markets are not really doing much on the upside

    Hi SAI, looking at global queues, seems may open a bit lower tomorrow. book near 5250

    Hi cvrprakash, go with axis bank, south indian bank on dips

    Hi Subhashis, hold it for short term. markets are not really doing much. once markets improve, it can test 550

    Hi SAMEER, shall hold it for short term. its a good bet. can add few more on dips


  3. cvrprakash Says:
    March 5th, 2012
    Posted at: 6:08 pm

    Dear CB,

    Last year from Mid of March to March end, there was a good rally.
    Reason: DIIs buying to boost the Mutual fund and other NAV's higher.

    Anything we can expect this year also? Is this a trend which occurs year on year?


  4. gkpstar Says:
    March 5th, 2012
    Posted at: 6:24 pm

    thanks cb will check tommmr. Also jus not noticed that icici direct is charging too much if we hold the share more than one day. they are saying they ll charge delivery call charges. So for our sun pharma case i bought 36 shares they put 250 rs as brokerage and now 500 in loss again they ll charge 250 for sell order..totaly 100 rs ogaya in a single day :(


  5. SAGAR |sagarblog.com | Says:
    March 5th, 2012
    Posted at: 6:43 pm

    Hi CB, Holding Nifty 5400 CE @ 128 ; closed @ 113 ; So Am I entered in a wrong trade ? Advice me !


  6. CB Says:
    March 5th, 2012
    Posted at: 6:44 pm

    Hi cvrprakash, yes. lets see how the budget shapes up. if its as per expectations, see a good upmove

    Hi gkpstar, oh ok. Hope Sagar's reply helps.


  7. SAGAR |sagarblog.com | Says:
    March 5th, 2012
    Posted at: 6:45 pm

    Hi gkpstar, If u need low brokerage account for free , just email me or msg me in my website http://sagarenterprises.info

    Brokerage : 0.02-0.2
    Options Rs 25 .
    Details are given in my website . see it . ok


  8. CB Says:
    March 5th, 2012
    Posted at: 6:45 pm

    Hi SAGAR |sagarblog.com |, its a hold with sl at 5280 for now. lets see how US markets close.


  9. SAGAR |sagarblog.com | Says:
    March 5th, 2012
    Posted at: 6:52 pm

    Hi CB, Yea But seeing the OI in options , there si a huge buy stalked .... If global cues supports a little bit , technically Nifty will be taken back easily to 5600 levels , wherer is the real barrier. I hope DII's books some profits with the global and central; issues.


  10. Pradeep Says:
    March 5th, 2012
    Posted at: 7:14 pm

    Hi CB, Dear, where do you see reliance infra tomorrow. holding future long at 670. pls advise on target and Sl as well


  11. SAMEER Says:
    March 5th, 2012
    Posted at: 7:26 pm

    SIR CAN I BUY MAH & MAH AND TECH MAHI TO AVE THEM
    MAH AT 734 AND TECH MAHI AT 660


  12. Pradeep Says:
    March 5th, 2012
    Posted at: 8:19 pm

    Hi CB, Dear, pls have a look at relinfra daily chart. looks like volumes were high in future. is it correct that these volumes may be of shorters and stock will fall like anything now?


  13. Kartik Says:
    March 5th, 2012
    Posted at: 8:21 pm

    Hi SAGAR |sagarblog.com |, tough FII's have remained silent, seems we have been reacting to the Global ques, technically we do look weak now

    Hi Pradeep, has rallied quite a lot lately, can see some profit booking ahead, hold it with a tight SL at 650

    Hi SAMEER, no, dont add more of them yet as Markets look weak, wait for a couple of days


  14. Kartik Says:
    March 5th, 2012
    Posted at: 8:21 pm

    Hi Pradeep, Yes, has rallied quite a lot lately, can see some profit booking ahead, strong support at 650, if broken can see 625


  15. Deepak Bedi Says:
    March 5th, 2012
    Posted at: 8:23 pm

    Hi CB... GE... How is ICICI Bank looking on the charts... Holding Mar 940 CE @ 20.4 (2 lots)... I can hold for couple of weeks if required... Could you please advice stop loss and exit levels??


  16. DJ Says:
    March 5th, 2012
    Posted at: 8:24 pm

    Hi Buddy
    still holding Sterlite.just hvng a feeling it may shoot up soon.wat u say?if mkts celebrates tmrw up result where do u c it?

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