Intraday calls for 07-03-12

Quotes with Resistance & Support

Market Information

Intraday calls for 07-03-12

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

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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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Kb Trader Says:
March 7th, 2012
Posted at: 1:41 pm
Hi CB, heyyyyyyyy
test Says:
March 7th, 2012
Posted at: 1:41 pm
bosss..i short hindalco at 131.50 and short biocon intrday at 262 and bhustan steel buy at 381 tgt please today......how southindian bank in chart
SAGAR |sagarblog.com | Says:
March 7th, 2012
Posted at: 1:41 pm
Hi CB, Biocon Fut Holding now . By closing will it come down ? I need to square it off today . so any updates on tgts ?
CB Says:
March 7th, 2012
Posted at: 1:44 pm
Hi Sourabh, most welcome
Hi Kb Trader, Good afternoon
Hi test, ok. hold these for now.
Hi SAGAR |sagarblog.com |, yes, hold it.
shiva Says:
March 7th, 2012
Posted at: 1:44 pm
core project given breakout?
CB Says:
March 7th, 2012
Posted at: 1:45 pm
Hi shiva, cannot be sure yet. given quite a few false breakouts before.
Sourabh Says:
March 7th, 2012
Posted at: 1:46 pm
Cb SIr..Bought [email protected] for intrday...please advise...
Aravind Says:
March 7th, 2012
Posted at: 1:47 pm
Hi CB,Good noon & Happy Holi
l short icicibank @850.Can l wait or exit in loss
Vishal Says:
March 7th, 2012
Posted at: 1:47 pm
Hi CB, Holding 5200 PE... where to book ?
CB Says:
March 7th, 2012
Posted at: 1:47 pm
Hi Sourabh, hold with sl at 170 can see 175
shiva Says:
March 7th, 2012
Posted at: 1:48 pm
any view on ttkprestige?
Dinesh Kumar Says:
March 7th, 2012
Posted at: 1:48 pm
CB i purchased bushan steel at 378.50 but now it was 375, will it recover back, else can i exit...
CB Says:
March 7th, 2012
Posted at: 1:48 pm
Hi Aravind, Happy holi. if in futures, hold for 2-3 days. can see 830. intraday can test 840
Hi Vishal, around 5170
CB Says:
March 7th, 2012
Posted at: 1:49 pm
Hi shiva, has support at 2700. below this can fall further
Hi Dinesh Kumar, yes, hold it.
Aravind Says:
March 7th, 2012
Posted at: 1:50 pm
Ok CB Thanks .lt is in intraday.
Kb Trader Says:
March 7th, 2012
Posted at: 1:50 pm
Hi CB, still expecting covering.. wht u thinks ??