Quotes with Resistance & Support
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Intraday calls for 09-03-09

Posted on: March 9th, 2009 at 9:26 am

Markets likley to see a gap down opening..

Nifty has very strong support at 2500-2540. Below this level Nifty could see a free fall. Go short only if Nify breaks 2500.

If markets show recovery later during the day, buy: HDFC and Reliance Industries.

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90 Responses

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  1. Vinesh Says:
    March 9th, 2009
    Posted at: 9:42 am

    Hi CB, thats why I am telling that will it not be worth to buy 2500 put in the morning as market will open further slide down?


  2. CB Says:
    March 9th, 2009
    Posted at: 9:46 am

    Hi Vinesh, Nifty has strong support at 2500-2540 levels.. it may hold these levels today..


  3. ashwin Says:
    March 9th, 2009
    Posted at: 10:01 am

    hai guys, i got a short at 2550 of mini nifty march futurs. shall i hold it or sell it or avg the price when the market is up. plz leave reply...thanks


  4. Harvinder Says:
    March 9th, 2009
    Posted at: 10:02 am

    Hi CB,

    I have Satyam @ 45.50, when should I sell?


  5. CB Says:
    March 9th, 2009
    Posted at: 10:06 am

    Hi ashwin, Dont avg it now.. hold it for some more time..

    Hi Harvinder, hold it for some more time.. it can touch 50


  6. Raj Says:
    March 9th, 2009
    Posted at: 10:06 am

    Hi Cb, Could i short sell rolta @ CMP


  7. CB Says:
    March 9th, 2009
    Posted at: 10:07 am

    Hi Raj, Rolta is in a downtrend. its already down 7%.. dont go short now


  8. CB Says:
    March 9th, 2009
    Posted at: 10:07 am

    I WILL BE BACK IN 30 MIN..


  9. Divyesh Says:
    March 9th, 2009
    Posted at: 10:15 am

    Hi CB good morning
    Any tips of the day


  10. Raj Says:
    March 9th, 2009
    Posted at: 10:17 am

    CB, whats u r hopenian buying satyam @ CMP ?

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