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. CB Says:
    March 7th, 2012
    Posted at: 9:14 am

    Hi hi, hold with sl at 5180. if possible enter couple of 5200 pe's to hedge

    Hi gkpstar, go with a sell on rise.


  2. Akash Says:
    March 7th, 2012
    Posted at: 9:16 am

    Hi CB, Bought Balram Chini at 51. Hold for target 55 in Intraday?


  3. lotus Says:
    March 7th, 2012
    Posted at: 9:17 am

    goodmorning cb, can i buy rcap for intraday at cmp?


  4. gkpstar Says:
    March 7th, 2012
    Posted at: 9:18 am

    cb biocon at 263 shall i wait for 267?


  5. sankar Says:
    March 7th, 2012
    Posted at: 9:18 am

    hi cb

    What do u think about satyam.....its good for buy?


  6. lotus Says:
    March 7th, 2012
    Posted at: 9:18 am

    or i can sell tata steel ? now at 417. if yes what wud b its target downside?


  7. AJ Says:
    March 7th, 2012
    Posted at: 9:19 am

    Can i short HDIL @ cmp?


  8. vipul07 Says:
    March 7th, 2012
    Posted at: 9:21 am

    can i short lovable?


  9. aba Says:
    March 7th, 2012
    Posted at: 9:22 am

    gud mrng cb any bets today to gain 500-600/- intraday


  10. prashanth Says:
    March 7th, 2012
    Posted at: 9:22 am

    At what level should i buy jp associate.


  11. Akash Says:
    March 7th, 2012
    Posted at: 9:23 am

    Hi CB, 6300 CE at 80 Paisa now. Hold or not?


  12. gkpstar Says:
    March 7th, 2012
    Posted at: 9:26 am

    cb there
    ?


  13. subrat Says:
    March 7th, 2012
    Posted at: 9:28 am

    sir will pantaloon recover? why it is down so much ? please tell me.i have this @ 200


  14. Azad Says:
    March 7th, 2012
    Posted at: 9:30 am

    HI CB,

    Should I enter Axis bank at this levels?


  15. shiva Says:
    March 7th, 2012
    Posted at: 9:31 am

    CB any call still acitve ?


  16. CB Says:
    March 7th, 2012
    Posted at: 9:32 am

    Hi Akash, yes

    Hi lotus, no, not yet. wait for a small bounce to sell tata steel

    Hi gkpstar, yes, wait

    Hi sankar, no, looks weak. dont enter it yet

    Hi AJ, yes

    Hi vipul07, not yet

    Hi aba, Good morning. can buy some of bushan steel

    Hi prashanth, enter lower near 66

    Hi Akash, try and exit on any bounce for now

    Hi subrat, looking weak as of now. fundamentally its a good bet. after budget ,can look to add few more to avg.

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