Quotes with Resistance & Support
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Intraday calls for 06-03-12

Posted on: March 6th, 2012 at 8:25 am

Markets likely to open a bit lower. Nifty has resistance at 5320.

Sell Axis bank at 1150, target: 1122. Stoploss: 1165

If markets show some recovery later during the day, buy: Godrej Industries

9.22am – sell HDIL below 100, target: 96. Stoploss: 103

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304 Responses

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Comment pages: 8910111213141516Show all

  1. vipul Says:
    March 6th, 2012
    Posted at: 1:38 pm

    Hi CB, As I told you I suffered huge loss in L&T futures.....I'm thinking to recover it from either SBI futures or HDFC bank Futures,,,,,,which shall I enter & when???


  2. gp Says:
    March 6th, 2012
    Posted at: 1:38 pm

    CB
    can i enter in SAIL at CMP @95-95.50, will it come back to 97-98 ? as it traded in between whole day?


  3. CB Says:
    March 6th, 2012
    Posted at: 1:39 pm

    Hi vipul, no, these are too looking weak. dont enter these yet

    Hi gp, no, not yet. looks weak


  4. SHYJO Says:
    March 6th, 2012
    Posted at: 1:39 pm

    Hi CB,Whats the future of Manappuram Finance ?? Can I buy it @ 40/- ?? Pls advice.


  5. divyesh Says:
    March 6th, 2012
    Posted at: 1:40 pm

    Hi Cb, Brought Jswsteel @ 771 and struck on closing what level seen, as have to exit today itself


  6. gp Says:
    March 6th, 2012
    Posted at: 1:40 pm

    ok CB , thanks


  7. Akash Says:
    March 6th, 2012
    Posted at: 1:40 pm

    Hi CB, Hold 6300 CE or not. market has gone down again form 5380 to 5270 :( However, 6300 CE did not move at all with the market. Neither it has gone down... When market was around 5225, it was around 1 Rs. and when market was at 5380+, it was still there and still at same price... Wht to do


  8. vipul Says:
    March 6th, 2012
    Posted at: 1:41 pm

    Hi CB, Thanks......then any other strategy that you like to suggest with other stocks


  9. Aravind Says:
    March 6th, 2012
    Posted at: 1:41 pm

    Ok CB,Thanks then tgt pls


  10. CB Says:
    March 6th, 2012
    Posted at: 1:42 pm

    Hi SHYJO, no, looks weak.can fall further

    Hi divyesh, hold for now. if possible hedge it with a 700 pe

    Hi gp, most welcome

    Hi Akash, keep sl at 5250 and hold.


  11. sudhir Says:
    March 6th, 2012
    Posted at: 1:45 pm

    Hi CB,
    shorted 5300 PE 2 lots at 110 so can we hold it or exit ?


  12. gkpstar Says:
    March 6th, 2012
    Posted at: 1:46 pm

    cb market truned negative now shall we short HDIL? or axis bank now?


  13. CB Says:
    March 6th, 2012
    Posted at: 1:46 pm

    Hi sudhir, hold it with sl at 5250 for now.


  14. CB Says:
    March 6th, 2012
    Posted at: 1:47 pm

    Hi gkpstar, short axis below 1150


  15. Reddy Says:
    March 6th, 2012
    Posted at: 1:47 pm

    Hi CB, :( would it be able to go up in another week?


  16. Das Says:
    March 6th, 2012
    Posted at: 1:48 pm

    holding 5400CE @112 CMP 92. please advise

Comment pages:8910111213141516Show all

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