Quotes with Resistance & Support
Market Information

Intraday calls for 06-03-09

Posted on: March 6th, 2009 at 9:32 am

Markets likely to open weak. Nifty has support at 2520-2540. It is likely we see a relief rally if we hold onto these levels.

Short sell: Alstom Projects at 251, target: 242. Stoploss: 256

If markets show recovery later during the day, buy Eveready Industries.

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110 Responses

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Comment pages: 1234567Show all

  1. chandu Says:
    March 6th, 2009
    Posted at: 9:46 am

    cb buy hind motor very hot target upper circit


  2. CB Says:
    March 6th, 2009
    Posted at: 9:50 am

    Hi chandu, it looks good.. has some resistance at 12.25.. its a buy above this level..


  3. Geetha Says:
    March 6th, 2009
    Posted at: 9:53 am

    Can i short sell tata motors?


  4. CB Says:
    March 6th, 2009
    Posted at: 9:54 am

    Hi Geetha, yes.. keep a sl at 141.50


  5. VVDP Says:
    March 6th, 2009
    Posted at: 10:04 am

    ANY CALLS SIR...GMMM


  6. CB Says:
    March 6th, 2009
    Posted at: 10:05 am

    Hi VVDP, Good morning.. As of now none..


  7. rashmin Says:
    March 6th, 2009
    Posted at: 10:08 am

    gm cb & all.


  8. Prakash Says:
    March 6th, 2009
    Posted at: 10:13 am

    What do u say abt satyam at the current level for 1 week.


  9. Srinivas Says:
    March 6th, 2009
    Posted at: 10:13 am

    Hi CB


  10. CB Says:
    March 6th, 2009
    Posted at: 10:14 am

    Hi rashmin, Good morning.

    Hi Prakash, no.. dont buy it yet..

    Hi Srinivas, good morning..


  11. rashmin Says:
    March 6th, 2009
    Posted at: 10:20 am

    any stock for buy 2-4 day ?


  12. CB Says:
    March 6th, 2009
    Posted at: 10:22 am

    Hi rashmin, Eveready inds and Rel infra look good we see some upmove


  13. Geetha Says:
    March 6th, 2009
    Posted at: 10:22 am

    Market is highly volatile. Lack of clarity in intra trading. how will be the market +/- ve.


  14. CB Says:
    March 6th, 2009
    Posted at: 10:23 am

    Hi Geetha, As long as we are above 2540 markets are likely to turn positive.. you may buy a stock and keep a sl at 2540 Nifty


  15. srv Says:
    March 6th, 2009
    Posted at: 10:25 am

    dear cb!

    may i enter in ranbaxy ( now @ 139.500)


  16. CB Says:
    March 6th, 2009
    Posted at: 10:27 am

    Hi srv, no.. it looks weak.. could see more downside..


  17. amit Says:
    March 6th, 2009
    Posted at: 10:27 am

    Hi, is it good to buy geodesic as company said today they would be buy back 25% @ 75 rs CMP is 52.


  18. CB Says:
    March 6th, 2009
    Posted at: 10:29 am

    Hi amit, if buy is fiexed at 75 then the stock could move upto 65 levels.. it has some resistance at 54.. buy above 54


  19. TARUN Says:
    March 6th, 2009
    Posted at: 10:33 am

    is this rise temporary ???


  20. CB Says:
    March 6th, 2009
    Posted at: 10:33 am

    Hi TARUN, yes.. maybe couple of days.. a technical bounce..


  21. TARUN Says:
    March 6th, 2009
    Posted at: 10:34 am

    hi sir wat abt HDFC ??? y is it rising ???


  22. CB Says:
    March 6th, 2009
    Posted at: 10:36 am

    Hi TARUN, it is oversold.. could see a 70-100 points bounce if markets turn positive,


  23. Geetha Says:
    March 6th, 2009
    Posted at: 10:37 am

    can i intra trade kotak mahindra @ cmp


  24. CB Says:
    March 6th, 2009
    Posted at: 10:38 am

    Hi Geetha, yes, it can touch 224..


  25. Raj Says:
    March 6th, 2009
    Posted at: 10:38 am

    GM CB, can i buy ICICI for intraday @CMP ?


  26. CB Says:
    March 6th, 2009
    Posted at: 10:39 am

    Hi Raj, it looks extremely weak.. would be risky


  27. hilay Says:
    March 6th, 2009
    Posted at: 10:40 am

    hi CB, evinix @ 1.75? Can go for buy??? and anything for first source and icici today?
    will banks recover today?


  28. CB Says:
    March 6th, 2009
    Posted at: 10:43 am

    Hi hilay, not sure about banks recovery.. but could add 3-4% if markets recover.. buy Evinix in small quantity


  29. hitesh Says:
    March 6th, 2009
    Posted at: 10:48 am

    hi guys u all can buy put on nifty 2200 for next month when maket will give a smart really reason as we are expecting a major turn arround from budget but see when budget will come u will see the maket at 2000 level and 2200 in 5-6 trading sessions


  30. hitesh Says:
    March 6th, 2009
    Posted at: 10:49 am

    see guys u can book profit in nifty partially in 2555


  31. RAJESH SHENOI Says:
    March 6th, 2009
    Posted at: 10:51 am

    good morning cb and all


  32. CB Says:
    March 6th, 2009
    Posted at: 10:52 am

    Hi RAJESH SHENOI, Good morning..


  33. RAJESH SHENOI Says:
    March 6th, 2009
    Posted at: 10:53 am

    is ther any direction for mkt today


  34. srv Says:
    March 6th, 2009
    Posted at: 10:56 am

    dear cb!

    icici gone so up. can i try for short now ( 277)


  35. CB Says:
    March 6th, 2009
    Posted at: 10:56 am

    Hi RAJESH SHENOI, likely to be positive..


  36. CB Says:
    March 6th, 2009
    Posted at: 10:56 am

    Hi srv, no.. short if Nifty breaks 2540.. dont go short now


  37. hitesh Says:
    March 6th, 2009
    Posted at: 11:04 am

    short ongc future at 650-658 sl 661 tget 625 in 1-2 days


  38. Divyesh Says:
    March 6th, 2009
    Posted at: 11:09 am

    Hi Cb Any calls for intra or short term


  39. CB Says:
    March 6th, 2009
    Posted at: 11:10 am

    Hi Divyesh, Rel infra can touch 455.. dont go for short term yet..


  40. Murali Says:
    March 6th, 2009
    Posted at: 11:12 am

    Hi CB; Will market show green in the afternoon session?


  41. hitesh Says:
    March 6th, 2009
    Posted at: 11:12 am

    guys u can a short terms rally in market till monday or tuesday


  42. Divyesh Says:
    March 6th, 2009
    Posted at: 11:13 am

    Please advise the short loss


  43. hitesh Says:
    March 6th, 2009
    Posted at: 11:15 am

    dont bookprofit in nifty now


  44. CB Says:
    March 6th, 2009
    Posted at: 11:15 am

    Hi Murali, yes, it is likely..

    Hi hitesh, yes.. its a short on rally market for now..

    Hi Divyesh, 437


  45. hitesh Says:
    March 6th, 2009
    Posted at: 11:15 am

    change ur sl to 2548 and then wait for 2600


  46. Prakash Says:
    March 6th, 2009
    Posted at: 11:19 am

    http://www.sharesdaily.in/daily_upload/nse_selections.htm, Sir check this link what do u say about Nova and vindhaya any thing can be bought


  47. Tipguru Says:
    March 6th, 2009
    Posted at: 11:21 am

    Gurujee, bought pantaloon@140 a week ago, should i exit


  48. CB Says:
    March 6th, 2009
    Posted at: 11:22 am

    Hi Prakash, no. .they are low volume stocks.. as of now not a buy


  49. CB Says:
    March 6th, 2009
    Posted at: 11:23 am

    Hi Tipguru, yes.. its a exit on rise.. hold it for 2-3 days. .


  50. CB Says:
    March 6th, 2009
    Posted at: 11:23 am

    I WILL BE BACK IN 30 MIN..


  51. hitesh Says:
    March 6th, 2009
    Posted at: 11:28 am

    maket can rally 2630 in iterday
    book patial profit at 2600


  52. hitesh Says:
    March 6th, 2009
    Posted at: 11:30 am

    market will close at 11.45 am today


  53. Raj Says:
    March 6th, 2009
    Posted at: 11:35 am

    Y mrkets will close at 11:45 ?


  54. hitesh Says:
    March 6th, 2009
    Posted at: 11:44 am

    sun factor an d finally close at 4.15


  55. hitesh Says:
    March 6th, 2009
    Posted at: 11:47 am

    applies from tom


  56. bharath Says:
    March 6th, 2009
    Posted at: 11:51 am

    hi Iam not able to buy HIND MOTOR in Margin...
    Scrip not available for trading - is the message i am getting.any idea..?


  57. hitesh Says:
    March 6th, 2009
    Posted at: 11:53 am

    market will little problem in crossing 2583 levels once it will it willl touch 2600


  58. CB Says:
    March 6th, 2009
    Posted at: 12:10 pm

    Hi bharath, one reason could be that maybe your brokerage service wont allow this script for margin trading..


  59. Raj Says:
    March 6th, 2009
    Posted at: 12:11 pm

    Hi CB, shall i buy INDUSIND Bank @cmp


  60. CB Says:
    March 6th, 2009
    Posted at: 12:13 pm

    Hi Raj, no. .wait for some time.


  61. chandu Says:
    March 6th, 2009
    Posted at: 12:16 pm

    hi cb market close +ya-
    plz fast reply me


  62. chandu Says:
    March 6th, 2009
    Posted at: 12:17 pm

    c b rel infra short lagta hai kya


  63. chandu Says:
    March 6th, 2009
    Posted at: 12:18 pm

    c b market close 8000


  64. CB Says:
    March 6th, 2009
    Posted at: 12:18 pm

    Hi chandu, go short only below 2540.. as of now it looks positive


  65. srv Says:
    March 6th, 2009
    Posted at: 12:22 pm

    intra day target for bank baroda


  66. hitesh Says:
    March 6th, 2009
    Posted at: 12:26 pm

    hi cb am i right for nifty level


  67. CB Says:
    March 6th, 2009
    Posted at: 12:30 pm

    Hi srv, BOB looks weak.. not sure about it for intraday..

    Hi hitesh, yes.. you are right..


  68. DS Says:
    March 6th, 2009
    Posted at: 1:05 pm

    CB at what price should I buy GMR Infra


  69. uma Says:
    March 6th, 2009
    Posted at: 1:12 pm

    hai, shall i buy aban@ 235


  70. CB Says:
    March 6th, 2009
    Posted at: 1:21 pm

    Hi DS, wait some more time.. maybe a week or 2..should get it at cheaper rates..

    Hi uma, no.. its in a downtrend.. wait for some more time..


  71. CB Says:
    March 6th, 2009
    Posted at: 1:24 pm

    ILL BE BACK IN 2 HOURS..


  72. Divyesh Says:
    March 6th, 2009
    Posted at: 1:26 pm

    Hi Cb Purchased Relinfra @ 447 can i buy some more or short to avarage the loss already i have puted lots of money since last week


  73. hilay Says:
    March 6th, 2009
    Posted at: 1:38 pm

    hi CB, will bhushan steel reach 310 in short term???


  74. hitesh Says:
    March 6th, 2009
    Posted at: 1:41 pm

    market cut high 2583
    it will move now to 2600


  75. Raj Says:
    March 6th, 2009
    Posted at: 1:42 pm

    Hi CB, some news on ICICI is it a good time to buy for short term ?


  76. hitesh Says:
    March 6th, 2009
    Posted at: 1:47 pm

    no raj its weel icici u can short icici fute for this moth u willl see icici at 220 at end of this month


  77. vipin Says:
    March 6th, 2009
    Posted at: 1:59 pm

    Hi CB

    ur views on tata steel for next week...

    best regards
    vipin


  78. Raj Says:
    March 6th, 2009
    Posted at: 2:08 pm

    Thanks Hitesh,


  79. tushar Says:
    March 6th, 2009
    Posted at: 2:12 pm

    cb ny idea abt icici?


  80. tushar Says:
    March 6th, 2009
    Posted at: 2:12 pm

    ny idea abt icici for today?


  81. hitesh Says:
    March 6th, 2009
    Posted at: 2:15 pm

    aall u guys listen carefully not buy ur any position today sit on today as much as i will show u market at 2300 in next trading setion tht my challenge this temparory pull back to attract trader today so dont buy today plz plz plz take put of 23oo u will definately in profit


  82. hitesh Says:
    March 6th, 2009
    Posted at: 2:21 pm

    for more u can call me on my number


  83. hitesh Says:
    March 6th, 2009
    Posted at: 2:31 pm

    till tuesday u will see downtrend


  84. hitesh Says:
    March 6th, 2009
    Posted at: 2:38 pm

    nifty cut the high 2600 next target 2730


  85. DS Says:
    March 6th, 2009
    Posted at: 2:40 pm

    purchased 1000 put at 16 rs


  86. hitesh Says:
    March 6th, 2009
    Posted at: 2:43 pm

    dont book profit in nifty till now wait for more


  87. DS Says:
    March 6th, 2009
    Posted at: 2:44 pm

    purchased another 1000 at 14


  88. hitesh Says:
    March 6th, 2009
    Posted at: 2:57 pm

    next level for nifty interday 2518,2525,2535


  89. Akila Says:
    March 6th, 2009
    Posted at: 2:59 pm

    A lesson learnt yesterday and today - be your own master and judge. Right?


  90. DS Says:
    March 6th, 2009
    Posted at: 3:00 pm

    What do you think the market will end up positive or negetive


  91. DS Says:
    March 6th, 2009
    Posted at: 3:11 pm

    Hitesh When do you think I should square off this Nifty opt 2300 PE


  92. hitesh Says:
    March 6th, 2009
    Posted at: 3:12 pm

    nifty last target is 2660


  93. hitesh Says:
    March 6th, 2009
    Posted at: 3:18 pm

    till next friday


  94. PS Says:
    March 6th, 2009
    Posted at: 3:53 pm

    Hai CB sir, market get little bit purchase in the level of 2550. Is this an artificial boom ? Shall i think of purchase in these levels ? or wait some more time till it reach 2300 or below 2500. Need your advise and guidance sir. My Int stocks are RNRL/MRPL/IFCI


  95. hitesh Says:
    March 6th, 2009
    Posted at: 4:58 pm

    u can buy nifty but wait for tht i will let u know for tht


  96. hitesh Says:
    March 6th, 2009
    Posted at: 5:05 pm

    u can call me at 9313099788


  97. Vinesh Says:
    March 6th, 2009
    Posted at: 6:53 pm

    Hi CB & Hitesh, I have 10 Lots of March Nifty 2200 put at avg price of 22 and holding since February. Today it closed at 8.30. What do you say will market touch low levels in March so that I hold on or in april to buy April expiry puts?


  98. rohit Says:
    March 6th, 2009
    Posted at: 7:16 pm

    hi cb.. still holding brfl @ 140.. 2day up 25 % @ 104.5,,,,shd i hold on?? or exit on monday..??


  99. hitesh Says:
    March 6th, 2009
    Posted at: 7:43 pm

    hi vinish
    how much and at wht rate


  100. hitesh Says:
    March 6th, 2009
    Posted at: 8:02 pm

    Vinish u can hold and be easy u will get thtrate of 100 one please keep patience


  101. hitesh Says:
    March 6th, 2009
    Posted at: 11:03 pm

    any body guys here in nifty calls or who trades in nifty


  102. CB Says:
    March 7th, 2009
    Posted at: 12:32 am

    Sorry guys was not online in the afternoon..

    Hi PS, I would advice to hold them.. We are seeing a temporary upmove and selling would creep in again.. as of now a hold..

    Hi rohit, hold it for 2-3 days.. upmove could continue..


  103. rohit Says:
    March 7th, 2009
    Posted at: 4:09 pm

    ya closed above 50 ema,..dats y holding.. any targets whr i shd exit....???


  104. CB Says:
    March 8th, 2009
    Posted at: 1:10 am

    Hi rohit, yes.. it can add another 10%.


  105. hitesh Says:
    March 8th, 2009
    Posted at: 9:18 pm

    hello guys how r u all
    hu cb how is the market is looking accoding to u as tomrow point of u, according to me market may open a bit down and will touch 2575 , 2590 and a temprory rally will go on countinue as because tommrow banking will give support to market and will see a rally to 2645, 2660 trader can cut all their holding tilll 2645 and from day after tomorow downtrend will remain countinue.


  106. PS Says:
    March 8th, 2009
    Posted at: 9:32 pm

    Thanks CB sir. For your kind advise


  107. CB Says:
    March 8th, 2009
    Posted at: 11:55 pm

    Hi hitesh, Yes... its a sell on rise markets as of now.. could see Nifty below 2500 in short term..

    Hi PS, Most welcome..


  108. hitesh Says:
    March 9th, 2009
    Posted at: 12:16 am

    wht abt tomrow Cb


  109. Vinesh Says:
    March 9th, 2009
    Posted at: 8:01 am

    Hi CB, is market is sell today in morning? Will it be worth to buy March 2500 Put in morning? Whats your view on HDIL. I am intended to buy at current levels of 68.


  110. CB Says:
    March 9th, 2009
    Posted at: 9:36 am

    Hi hitesh, it will open gap down.. Go short below 2500..

    Hi Vinesh, Dont go short above 2500.. once we break 2500 we could see a free fall.. short below 2500.. HDIL is not a buy yet.. it could fall further.. wait for some more time.

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