Intraday calls for 07-03-12
Markets likely to open flat. Support for nifty is at 5150 and resistance at 5300
Buy Bhushan Steel at 376.50, target: 384. Stoploss: 371. – (exit Bhushan steel at 374)
Sell Biocon at 267-268, target: 260. Stoploss: 273 – (Book profit in Biocon at 263.50)
2.56pm – Nifty has strong long term support at 5150-5180. Also 200 dma at 5160. Buy 5200 ce at 149.50, target: 175. Stoploss: 5160 (spot)
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hitesh Says:
March 8th, 2012
Posted at: 10:30 pm
hi dear hope u had a grt holi
how r u seeing nifty tom and sbi tom if we see gap up will it be safe to keep sbi till budget
CB Says:
March 8th, 2012
Posted at: 10:30 pm
Hi Kb, :)
Hi Bhima, nice to hear that. yes, book profit in longs tomorrow. after opening, keep a trailing sl of 15-20 points on nifty and hold
CB Says:
March 8th, 2012
Posted at: 10:30 pm
Hi hitesh, :) yes, hope you too. likely to open gap up tomorrow. sbin can add 35-40 points.
DJ Says:
March 8th, 2012
Posted at: 10:43 pm
Hi CB
In a downtrend mkt in march expiry,which one will b. best to short-JP:Sterlite:tatasteel:or:unitech?assuming nifty breaks 5050.
vipul07 Says:
March 8th, 2012
Posted at: 11:00 pm
Hi CB Sir,
how is IGL,MNM,LOVABLE AT CURRENT LEVEL ACCORDING TO TECHNICAL CHART(SUPPORT,RSI) FOR SELLING AT NEXT RESISTANCE LEVEL
CB Says:
March 8th, 2012
Posted at: 11:22 pm
Hi DJ, go with tata steel on rise
Hi vipul07, igl looks better. can add 12-15rs from here. lovable below 368 can fall further.
DJ Says:
March 8th, 2012
Posted at: 11:30 pm
Thx buddy
where do u c upside of nifty tmrw?
rahul Says:
March 8th, 2012
Posted at: 11:33 pm
hi cb how is the fundama ndal of well pack papers . . Can i buy now .for 4 month period ?
CB Says:
March 8th, 2012
Posted at: 11:59 pm
Hi DJ, can add 50-70 points
Hi rahul, its looking weak. dont enter it yet. can fall further.
vipul07 Says:
March 9th, 2012
Posted at: 12:05 am
cb sir,
igl has rsi of 58 while lovable is at 30 according to rsi.so sir should we consider that or volume growth in igl
DJ Says:
March 9th, 2012
Posted at: 12:19 am
Thx buddy
GN
Sohan Says:
March 9th, 2012
Posted at: 12:22 am
Hello CB,
There was a debate on whether govt is going to fall or hold.
Does this news make a reall trouble tommorow.
Sohan
CB Says:
March 9th, 2012
Posted at: 12:27 am
Hi vipul07, lovable technically looks a bit weak below 388. for now can go with igl
Hi DJ, Good night
Hi Sohan, as of now seems a bit unlikely.
fzwd Says:
March 9th, 2012
Posted at: 12:29 am
hey CB
good Holi-day ??
wht target fr REC and TITAN tommo ??
:) f
CB Says:
March 9th, 2012
Posted at: 12:34 am
Hi fzwd, :) yes, hope you too. REC can see 200. Titan around 236-237