Quotes with Resistance & Support
Market Information

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

    Hi BK, most welcome.


  2. SS Says:
    March 7th, 2012
    Posted at: 3:02 pm

    Hi CB,
    Anynews on JP. Huge bounce. Is Mr. Gaur going to join SP :o)


  3. CA.Tejas Says:
    March 7th, 2012
    Posted at: 3:03 pm

    Hi CB, Applied 108 shares... no shaes alotted....:(


  4. CB Says:
    March 7th, 2012
    Posted at: 3:04 pm

    Hi SS, :)

    Hi CA.Tejas, oh ok


  5. Kb Trader Says:
    March 7th, 2012
    Posted at: 3:05 pm

    Hi CB, GA


  6. shiva Says:
    March 7th, 2012
    Posted at: 3:06 pm

    can i hold glodyne till friday?


  7. CB Says:
    March 7th, 2012
    Posted at: 3:07 pm

    Hi shiva, yes.


  8. Aravind Says:
    March 7th, 2012
    Posted at: 3:11 pm

    Hi CB,
    can l exit from icicibank shorted @850


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

    Hi Aravind, yes, exit for now


  10. SURESH Says:
    March 7th, 2012
    Posted at: 3:13 pm

    hi cb,HDil is showing good support at 100 levels..will it see 90 levels?


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

    Hi SURESH, yes, a close below this can trigger selling pressure


  12. CA.Tejas Says:
    March 7th, 2012
    Posted at: 3:14 pm

    Hi CB, I have MANAPPURAM @ 44 what should I do.... CMP is 38.50


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

    Hi CA.Tejas, exit 50% for now.


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

    Ok Thanks CB.


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

    Hi Aravind, most welcome.


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

    ill be back in few min

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