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. ARCHANA Says:
    March 7th, 2012
    Posted at: 2:53 pm

    Hi SAGAR |sagarblog.com |, sagarblog means....whats the benifits.......sir


  2. CB Says:
    March 7th, 2012
    Posted at: 2:56 pm

    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)


  3. ARCHANA Says:
    March 7th, 2012
    Posted at: 2:56 pm

    Hi SAGAR |sagarblog.com |, what was the usage in ur blog ....?


  4. Kb Trader Says:
    March 7th, 2012
    Posted at: 2:57 pm

    Hi CB, :)


  5. CA.Tejas Says:
    March 7th, 2012
    Posted at: 2:57 pm

    Hi CB, Novartis chart appears incorrect in our nseguide site....


  6. SAGAR |sagarblog.com | Says:
    March 7th, 2012
    Posted at: 2:58 pm

    Hi CB, You asked to book Biocon @ 263.50 but In derivative it didnt came .. so still on hold.... wat to do ?


  7. BK Says:
    March 7th, 2012
    Posted at: 2:58 pm

    Hi CB,

    How about entering HPCL for the horizon of six months? What is your suggestion.

    Thank you.


  8. amolo Says:
    March 7th, 2012
    Posted at: 2:59 pm

    Should I exit the 5200 PE and enter the call ??


  9. Akila Says:
    March 7th, 2012
    Posted at: 2:59 pm

    comedy of errors and a chain of unfortunate events.........

    swapped jsw holding for jsw steel, both at the same rates around 705.....now jsw steel at 685 and jsw holding at 732.................what a bad day....


  10. test Says:
    March 7th, 2012
    Posted at: 3:00 pm

    boss iam holding hindal;co pe now cost tocost..shall iexit now? and enter nifty call..if bhustan steel carry forward tow any benefit


  11. CB Says:
    March 7th, 2012
    Posted at: 3:00 pm

    Hi Bony, can go long

    Hi Kb Trader, Good afternoon..

    Hi CA.Tejas, ok. shall chk it

    Hi BK, not yet. with rumors of Israel attacking Iran, crude oil is likely to move higher which is negative for omc's.


  12. CB Says:
    March 7th, 2012
    Posted at: 3:01 pm

    Hi amolo, yes

    Hi Akila, oh ok

    Hi test, hold till tomorrow. can enter a nifty call


  13. CA.Tejas Says:
    March 7th, 2012
    Posted at: 3:01 pm

    Hi CB, MCX IPO NEWS....

    Check allotment status...

    http://mis.karvycomputershare.com/ipo/


  14. CB Says:
    March 7th, 2012
    Posted at: 3:01 pm

    Hi SAGAR |sagarblog.com |, yes, can continue to hold it.


  15. CB Says:
    March 7th, 2012
    Posted at: 3:01 pm

    Hi CA.Tejas, thanks for the link.


  16. BK Says:
    March 7th, 2012
    Posted at: 3:02 pm

    Hi CB, Thank you...!

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