Intraday calls for 06-03-12

Quotes with Resistance & Support

Market Information

Intraday calls for 06-03-12

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

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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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VIJAY Says:
March 6th, 2012
Posted at: 3:33 pm
HI CB,
Any Idea on Cals Refineries.not moving anywhere just sitting rather sleeping.
RohitC Says:
March 6th, 2012
Posted at: 3:34 pm
Hi CB, can we go short on nifty now, is market looking technically weak now?
CB Says:
March 6th, 2012
Posted at: 3:37 pm
Hi santosh, hold for 1-2 days.
Hi ROHITR, ok. hold these for now. try and exit on a bounce near 5300-5330
Hi fzwd, can add 4-5rs
Hi CA.Tejas, no, not sure yet.
Hi VIJAY, small caps have been going weak since long. dont enter it yet.
CB Says:
March 6th, 2012
Posted at: 3:38 pm
Hi SAGAR |sagarblog.com |, oh ok. nice to know you exited from it.
CB Says:
March 6th, 2012
Posted at: 3:40 pm
Hi SAGAR |sagarblog.com |, can sell hindalco
fzwd Says:
March 6th, 2012
Posted at: 3:42 pm
:) thanks CB
Akash Says:
March 6th, 2012
Posted at: 3:45 pm
Hi CB, Shud I continue to hold 6300 CE. Not sure what is LTP but when Nifty was around 5250, it was Rs. 1.
shiva Says:
March 6th, 2012
Posted at: 3:47 pm
order didnt get execute to square off glodyne...what can be its opening price tomorrow?
SAGAR |sagarblog.com | Says:
March 6th, 2012
Posted at: 3:47 pm
Hi CB, Hindalco Short ? Then i think Hindalco can
test 125 - 116 levels right . Stoploss for that bhai ????
RAVI Says:
March 6th, 2012
Posted at: 4:37 pm
HI CB,holding ivrcl @61 what to do . why it has fallen from 4% up to 8% down
CB Says:
March 6th, 2012
Posted at: 5:01 pm
Hi fzwd, most welcome
Hi SAGAR |sagarblog.com |, can test 5180 it seems on the downside. yes, hindalco can see 120
Hi Akash, exit from it for now. markets are seeing selling pressure on rise
Hi shiva, no, not sure yet. looking at global queues seems markets may open a bit lower
Hi RAVI, we will need to add for more on dips to avg it. add near 47
shiva Says:
March 6th, 2012
Posted at: 6:35 pm
whats next support for unitech?
CB Says:
March 6th, 2012
Posted at: 6:37 pm
Hi shiva, its near 24-25
shiva Says:
March 6th, 2012
Posted at: 6:38 pm
:( ..m holding at 32...better to exit?
ganesh Says:
March 6th, 2012
Posted at: 6:39 pm
Hi CB, Do we have any link here to get the EOD data
Pradeep Says:
March 6th, 2012
Posted at: 6:48 pm
Hi CB, Dear, u r scaring me by giving agressive short calls on hindalco.
bought hindalco future at 141.50 today and placed sell order at 143.30. it made high of 143.25 and fell like anything. guess what, i am still holding it at 132. big loss :(
pls give me strict sl and pls guide how to recover the loss.
holding deep loss positions in tata motors and 5400ce as well.