Quotes with Resistance & Support
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Intraday calls for 06-03-13

Posted on: March 6th, 2013 at 8:16 am

Markets likely to open higher, resistance for Nifty at 5830, support at 5750

Sell SBI on rise

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269 Responses

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  1. Kartik Says:
    March 6th, 2013
    Posted at: 10:21 pm

    Hi vickys, sbi faces strong resistance at 2200 and is likely to see some profit booking from there, hold your short for some more time (avoid adding more for nwo), hold SunTV short with a SL at 425 for a target of 415 in another 2-3 days time, Markets are likely to trade flat tomorrow


  2. Aman Says:
    March 6th, 2013
    Posted at: 10:43 pm

    Hi Kartik..
    Pls describe me the reason of weakness in SBI..


  3. hitesh Says:
    March 6th, 2013
    Posted at: 10:44 pm

    hi kartik i am holding shorts in it last time manage to take supp arround 436 whts ur view on the stocks after that 406 level is good support levels


  4. Kartik Says:
    March 6th, 2013
    Posted at: 10:57 pm

    Hi Aman, it faces strong resistance at 2200, looks weak below that

    Hi hitesh, Yes, seems may continue its downtrend this time, upto 420 lvls


  5. RAVI Says:
    March 6th, 2013
    Posted at: 11:02 pm

    hi kartik, holding HDIL@ 75 & 92 if it advisable to add more at cmp


  6. Aman Says:
    March 6th, 2013
    Posted at: 11:04 pm

    Thanx Bro..
    Gud Nite.. Have a sound sleep..


  7. Kartick Says:
    March 6th, 2013
    Posted at: 11:52 pm

    Thanks Kartik. Currently I am holding REC 220 PE & HUL 420 PE. As you mentioned HUL can go till 420 .. what can be the target for REC? Can it see 220 in next 1-2 weeks?

    Have a gud night ..


  8. j k nambiar Says:
    March 7th, 2013
    Posted at: 12:03 am

    good evening cb/ kartik sirs, your view on jpa 70ce at cmp 6.65 and sterlite 95ce at cmp 6.00. sl and targets pls. many thanks.


  9. mary Says:
    March 7th, 2013
    Posted at: 12:45 am

    Hi CB Sir

    your reply to Amer states that BPCL can test 380 tomorrow.
    Can we see some upmove after that ? is 380 a support level
    My buy rate is 392 ,. i can hold till friday.
    if i hold it till friday any chance to see atleast my buy rate or
    better to sell it tmrw morning itself on loss
    Please give me a reply
    thanks and regards


  10. CB Says:
    March 7th, 2013
    Posted at: 1:22 am

    Hi RAVI, no, avoid adding more of it yet. has been volatile lately

    Hi Aman, Good night..

    Hi Kartick, yes, both are looking weak. hold onto these for now. for rec keep sl near 245

    Hi j k nambiar, Good evening. jp has strong resistance at 75.50. above this can head upto 79-80. sterlite looks weak. dont enter its ce yet

    Hi mary, yes, technically it does look good. can expect a bounce frm 375-380 levels. can see 405 again. hold onto it for now.


  11. Vishal Says:
    March 7th, 2013
    Posted at: 7:04 am

    Hi Kartik, GM. Sun Pharma Stock closed above 797. Should I continue to hold? Also, How is HDIL 75 CE for 2-3 days for stock target 78-80+. Shud I switch to HDIL. I have Rel Cap 400 CE, Sun Pharma 820 CE and Mcdowell 2050 CE. What to do? Sell all and buy HDIL CE or how is tata Motors or INFY CE for 2-3 days?


  12. Vishal Says:
    March 7th, 2013
    Posted at: 8:26 am

    Hi CB, Hi Kartik, Or can I buy Rel Infra 460 CE for 3-4 days


  13. Kartik Says:
    March 7th, 2013
    Posted at: 8:35 am

    Hi Vishal, hold SUn Pharam for now, dont enter HDIL Or RelInfra for now, also try to exit from Rel Cap on rise today


  14. Vishal Says:
    March 7th, 2013
    Posted at: 8:39 am

    Hi Kartik, Ok. So can I buy more of SUn Pharma 820 CE once I make some profit in Rel Cap. Can Rel Cap not see 400 or around in few days? What to buy after that? Also, wht abt Mcdowell-N 2050 CE. Hold that too?


  15. Kartik Says:
    March 7th, 2013
    Posted at: 8:44 am

    Hi Vishal, no, dont add more, hold it with a SL at 790 for now, book in Relcap on rise today, it looks weak

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