Quotes with Resistance & Support
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Intraday calls for 07-03-12

Posted on: March 7th, 2012 at 8:29 am

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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445 Responses

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  1. Craig Says:
    March 7th, 2012
    Posted at: 8:33 am

    Gud Morning CB


  2. Shivaprashanth Says:
    March 7th, 2012
    Posted at: 8:35 am

    CB, can i buy PE of Tata steel, Hindalco and JPassociates ?


  3. Akash Says:
    March 7th, 2012
    Posted at: 8:36 am

    Hi CB, Shud I buy Uniphos in intraday for target 135+ or any Sugar stock u can suggest . Which one?


  4. CB Says:
    March 7th, 2012
    Posted at: 8:36 am

    Hi Craig, Good morning.


  5. CB Says:
    March 7th, 2012
    Posted at: 8:36 am

    Hi Shivaprashanth, go with tata steel and hindalco on a small bounce

    Hi Akash, no, dont enter uni phos yet. balrampur looks good.


  6. SAGAR |sagarblog.com | Says:
    March 7th, 2012
    Posted at: 8:37 am

    CB : Hi bhai , good Morning . Nifty may open a bit flat or higher na ?? , So I think better to go with longs right ?


  7. Irshu Says:
    March 7th, 2012
    Posted at: 8:38 am

    Hi gm..wht abt rpower today?


  8. Akash Says:
    March 7th, 2012
    Posted at: 8:39 am

    Hi CB, Can Balram Chini see 58-59 in INtraday?


  9. SAGAR |sagarblog.com | Says:
    March 7th, 2012
    Posted at: 8:39 am

    On bounce Shall I sell Tatasteel and Biocon


  10. Dinesh Kumar Says:
    March 7th, 2012
    Posted at: 8:41 am

    HI CB can go with today intraday call..


  11. CB Says:
    March 7th, 2012
    Posted at: 8:42 am

    Hi Irshu, it has good support at 118. possible tests it once before moving higher. today may remain a bit flat

    Hi Akash, no, not sure of 58 yet

    Hi SAGAR |sagarblog.com |, yes..

    Hi Dinesh Kumar, yes.


  12. gkpstar Says:
    March 7th, 2012
    Posted at: 8:43 am

    hi cb gm ..the date updated is wrong today pls check :)


  13. CB Says:
    March 7th, 2012
    Posted at: 8:44 am

    Hi gkpstar, Good morning . :) just corrected.


  14. babu Says:
    March 7th, 2012
    Posted at: 8:44 am

    Hello CB,

    Good morning. What is your opinion about Bhartiartl intraday?

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