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. rajesh Says:
    March 8th, 2010
    Posted at: 11:06 pm

    can nmdc@tatamotors can be shorted tomorrow.if yes then target please.


  2. shiv Says:
    March 8th, 2010
    Posted at: 11:07 pm

    i have buyed ranbaxy and tajgvk with margin and should settle tomorrow .i was in huge loss from these scripts .how will be tomorrow performance??


  3. CB Says:
    March 8th, 2010
    Posted at: 11:32 pm

    Hi KEVAL, some profit booking is likely. for now would advice to continue to hold onto ur shorts. nifty anyways is overbought and stocks are looking a bit streched

    Hi rajesh, if markets open weak they can be shorted with sl of 8-10rs. they can come down by 2%

    Hi shiv, yes, ranbaxy does look a bit weak. hold it for now. tomrrow seems markets may open flat.


  4. nithin2009 Says:
    March 9th, 2010
    Posted at: 12:06 am

    cb..pls advice which stock to invest for 1 week time..
    pipava@58,dhanus@23,lincon pharma,wwil,ashtavinayak...


  5. suzane Says:
    March 9th, 2010
    Posted at: 12:07 am

    hey cb, today i squared 25% of my arssinfra holding in loss as it was not doing much but at the end time it stood up and gave a smart recovery of 20 rupees ...my average after loss is 845 ... Today after closing 11 rupees higher .. Whats ur suggestion for tommorow ?? And todays high can be considered as its resistance ?? What target u prefer for it tommorow ??


  6. vijay Says:
    March 9th, 2010
    Posted at: 12:08 am

    can i enter Reliance natural resource at cmp?


  7. CB Says:
    March 9th, 2010
    Posted at: 12:56 am

    Hi nithin2009, go with pipavav shipyard for now


    Hi suzane, it can add 10-12rs tomorrow. would advice to exit it on rise tomorrow. resistance is at 820 (closing basis)

    Hi vijay, it has resistance at 67 (closing basis). dont enter it yet


  8. CB Says:
    March 9th, 2010
    Posted at: 1:22 am

    Hi rameshbhole, its 116.


  9. santosh Says:
    March 9th, 2010
    Posted at: 1:26 am

    Hi CB...CAN i SHORT nmdc future tomorrow at current price for target near 350? or is it risky if market go up


  10. CB Says:
    March 9th, 2010
    Posted at: 1:31 am

    Hi santosh, nmdc is traded only in the cash segment.. if plan to do so, then go in small quantities. would be a bit risky since its come down quite a bit recently.


  11. Dibu Peter Says:
    March 9th, 2010
    Posted at: 1:34 am

    I am holding Maars Software at 2.78. Please advise the action to be taken.


  12. CB Says:
    March 9th, 2010
    Posted at: 1:35 am

    Hi Dibu Peter, as of now hold onto it. it has some resistance at 2.70. once it manages to cross it, can head upto 3.20.


  13. Dibu Peter Says:
    March 9th, 2010
    Posted at: 1:39 am

    Hi CB, Thanks for the advise. Shall i accumulate more at CMP ?
    I am planning to invest 1 Lakh immediately, please suggest some good stocks for Short term.


  14. umar Says:
    March 9th, 2010
    Posted at: 1:44 am

    Today I bought Suzlon Energy at 81,can I hold it for some time, what is the tarket for short term?


  15. kumar Says:
    March 9th, 2010
    Posted at: 6:55 am

    HI CB/Kartick,

    please let me knowthe shorterm tgt of sabero organics?

    Regards
    Kumar


  16. bala Says:
    March 9th, 2010
    Posted at: 7:03 am

    dear cb u rnot responding my queries y which is best for todays intraday pl

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