Quotes with Resistance & Support
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Intraday calls for 07-03-11

Posted on: March 7th, 2011 at 8:27 am

Markets likely to see a gap down opening. Support for nifty is at 5430

If markets show recovery later during the day, buy: Punj Lloyd.

Book profit in Bhushan steel short at 393 (swing call)

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469 Responses

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  1. bhuvana Says:
    March 7th, 2011
    Posted at: 9:30 pm

    hai 'cb' i thin DMK/CONg political drama might be over tonight.so tomorrow we can c a postive market / can v buy SBI at cmp


  2. arijit Says:
    March 7th, 2011
    Posted at: 9:31 pm

    wats ur take on UNITECH now


  3. Gitanjali Says:
    March 7th, 2011
    Posted at: 9:40 pm

    HI CB, How are GMDC /REC/BATA....Are they looking weak enough to go short @ cmp..and can we expect , say 3to 4 rs profit...?Thanks again.


  4. namonias Says:
    March 7th, 2011
    Posted at: 9:42 pm

    thank u goodnight


  5. CB Says:
    March 7th, 2011
    Posted at: 9:45 pm

    Hi bhuvana, yes. but I don't think it will effect market much.. as of now markets are dealing with a bigger picture with the Libyan warfare. lets see. once crude starts to correct, we could see some rally

    Hi arijit, it has strong support at 31.50-32.50 levels. can see some bounce frm here

    Hi Gitanjali, no, don't short these yet. gmdc if crosses 127, one can long for a target of 131


  6. Aman Says:
    March 7th, 2011
    Posted at: 9:55 pm

    HI CB..
    Gud Evening..
    what abt ARSSINF for short term..


  7. CB Says:
    March 7th, 2011
    Posted at: 9:58 pm

    Hi Aman, Good evening. one can enter in small quantity for now. can see 630


  8. Rise Says:
    March 7th, 2011
    Posted at: 10:08 pm

    sir gud evenin....how does market looks...m holding hero honda....and jetairways....shud i continue to hold or exit ?


  9. CB Says:
    March 7th, 2011
    Posted at: 10:15 pm

    Hi Rise, Good evening. seems may open a bit flat. lets see. hold onto both for now. likely to move with the markets.


  10. Rise Says:
    March 7th, 2011
    Posted at: 10:24 pm

    sir also m stuck wid nelcast n timken.....


  11. Mac Says:
    March 7th, 2011
    Posted at: 10:36 pm

    Hi CB , If EUROPE n US mrkt closes on RED than market will go down????


  12. CB Says:
    March 7th, 2011
    Posted at: 10:45 pm

    Hi Rise, yes. these will take a while to recover. midcaps have not been seeing buying interest lately

    Hi Mac, yes, likely see a gap down opening.


  13. Aman Says:
    March 7th, 2011
    Posted at: 10:52 pm

    Thanx CB..
    Gud Nite.. Sleep well..


  14. CB Says:
    March 7th, 2011
    Posted at: 10:53 pm

    Hi Aman, most welcome.. Good night..


  15. Rise Says:
    March 7th, 2011
    Posted at: 10:53 pm

    As per Indian time when european market open?
    and on which site to check


  16. Gitanjali Says:
    March 7th, 2011
    Posted at: 11:30 pm

    Hi CB, ,Thanks a lot .Tc.
    Hi Rise, opens at 1.30 noon[our time]
    Here's the link , for live chart..http://www.livecharts.co.uk/MarketCharts/futsee.php

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