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. hitesh Says:
    March 9th, 2009
    Posted at: 11:55 am

    frnds as for me is concern citi is going to take the stake in satyam


  2. deba Says:
    March 9th, 2009
    Posted at: 11:58 am

    may i buy suzlon & satym at this range?


  3. hitesh Says:
    March 9th, 2009
    Posted at: 12:03 pm

    dont go with suzlon in u can at 42-45 lvel


  4. Divyesh Says:
    March 9th, 2009
    Posted at: 12:04 pm

    Can i buy satyam @ cmp


  5. CB Says:
    March 9th, 2009
    Posted at: 12:07 pm

    Guys, Axis bank is a sell below 280.. if it stays below 280 for some time go short with a target of 268-270. Sl 284.


  6. Geetha Says:
    March 9th, 2009
    Posted at: 12:17 pm

    Can i intra-trade HDFC at this cmp or at what price?


  7. RP Says:
    March 9th, 2009
    Posted at: 12:19 pm

    Hi CB,

    Can we average RNRL at current price? I have few shares at 88.

    Thanks,
    RP


  8. CB Says:
    March 9th, 2009
    Posted at: 12:19 pm

    Hi Geetha, if markets recover it can touch 1270.. as of now not a buy.. markets look weak


  9. CB Says:
    March 9th, 2009
    Posted at: 12:20 pm

    Hi RP, no.. dont avg yet.. Nifty could see lower levels in near term..


  10. DS Says:
    March 9th, 2009
    Posted at: 12:28 pm

    Gents any shares, derrivatives to sell or buy? Please give ur ideas. Its a really a lacklustre trading going on.


  11. CB Says:
    March 9th, 2009
    Posted at: 12:32 pm

    Hi DS, Short Axis bank below 280..below this level it could come down to 268-270.. Unitech is a sell below 24


  12. chandu Says:
    March 9th, 2009
    Posted at: 12:32 pm

    c b market kya lagta hai+ya-

    plz fast breply me


  13. chandu Says:
    March 9th, 2009
    Posted at: 12:33 pm

    interday koi tips


  14. DS Says:
    March 9th, 2009
    Posted at: 12:33 pm

    Thanks CB


  15. CB Says:
    March 9th, 2009
    Posted at: 12:34 pm

    Hi chandu, Nifty has support at 2540.. Short Axis bank below 280..


  16. CB Says:
    March 9th, 2009
    Posted at: 12:35 pm

    Hi DS, most welcome

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