Quotes with Resistance & Support
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Intraday calls for 08-03-10

Posted on: March 8th, 2010 at 8:15 am

Markets likely to see a positive opening. Resistance for nifty is at 5160 and support at 5050.

Buy Avaya GlobalConnect Ltd at 240.55, target: 250. Stoploss: 234.

11.19am – buy globus spirits at 111.50 target 116. stoploss: 108 (sl triggered)

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718 Responses

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  1. sanjay Says:
    March 8th, 2010
    Posted at: 8:49 pm

    cb please suggest what to do with numeric power systems,it always opens higher and then trades lower..can u please suggest wht price i can quote to my broker to keep at the opening only tomorrow??i m holding at 350!!


  2. deba Says:
    March 8th, 2010
    Posted at: 8:53 pm

    may i enter balrampur chini for 140 tgt in 4 months?


  3. Debanjan Says:
    March 8th, 2010
    Posted at: 9:13 pm

    Shall I enter pipavav shipyard, man industries and mercator line for short terms?


  4. Bipin Says:
    March 8th, 2010
    Posted at: 9:25 pm

    Hi CB, I am holding RNRL @ 64.What is the target?


  5. Jay Says:
    March 8th, 2010
    Posted at: 9:26 pm

    Hi CB,

    Wat abt IFCI even though the market is raising, it is showing weakness.


  6. Jagdish Says:
    March 8th, 2010
    Posted at: 9:35 pm

    (I) Hi CB, when a stock opens 20Rs up from its closing,for example from 1000 to 1020 does it mean that no order buy/sell is placed between Rs1000 to Rs1019 ?


    (II) If PP of a stock is 879.6 , resistance (1) 887(2) 901(3)909 Support (1) 865 (2) 857 (3) 843 . 50 DMA 870 and 200 DMA 814. what does 50/200DMA mean and what indication/direction we get by them.


  7. tuff money Says:
    March 8th, 2010
    Posted at: 9:39 pm

    hi cb,

    can i short tata motors even if it has a slight gap down opening? any target? also, jindasaw made new highs today ( 52 week). when can i short it? If going long is better by enter at 5070 levels, what can its upside target be? thanks for taking the time to help in adv


  8. rashid Says:
    March 8th, 2010
    Posted at: 9:59 pm

    at what level can one buy krbl


  9. anoop Says:
    March 8th, 2010
    Posted at: 10:19 pm

    Hi HITESH, yes..some buying interest coming in after the recent fall

    Hi harsha, dont add more..hold it..can see 120 in 3-4 months

    Hi anand, yes..

    Hi deba, buy some of bharti airtel


  10. KEVAL Says:
    March 8th, 2010
    Posted at: 10:19 pm

    how will nifty react in opening


  11. KEVAL Says:
    March 8th, 2010
    Posted at: 10:21 pm

    long on ongc renuka tatamotors ............


  12. KEVAL Says:
    March 8th, 2010
    Posted at: 10:22 pm

    and shorted tulips @ 732 long ongc 1094 renuka 182 tatamotors 794 nifty 5125 give me stoploss and target n how they r going to react tomm


  13. anoop Says:
    March 8th, 2010
    Posted at: 10:23 pm

    Hi deba, not yet..buy some of renuka

    Hi Bipin, hold for mid term

    Hi Debanjan, go with mercator as of now..

    Hi Jay, hold it for short term..non banking financial instituitions got benefited in the union budget..can see 60


  14. anoop Says:
    March 8th, 2010
    Posted at: 10:25 pm

    Hi KEVAL, depends on the dow closing..if the global cues are negative they can shed 1-2%


  15. KEVAL Says:
    March 8th, 2010
    Posted at: 10:26 pm

    cb plz reply what to do


  16. KEVAL Says:
    March 8th, 2010
    Posted at: 10:27 pm

    apart from tulip i m long.............

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