Quotes with Resistance & Support
Market Information

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. VVDP Says:
    March 9th, 2009
    Posted at: 12:38 pm

    SIR DLF AND AXIS BANK SUPPORT AND RESIS LEVELS...PLEASE..


  2. siva Says:
    March 9th, 2009
    Posted at: 12:38 pm

    can i buy rolta intraday at 43


  3. chandu Says:
    March 9th, 2009
    Posted at: 12:40 pm

    cb rel ind kya lagta hai interday maibuy ya sell


  4. CB Says:
    March 9th, 2009
    Posted at: 12:40 pm

    Hi VVDP, DLF has resistance at 155.. Support is lower at 124. Axis bank has support at 280-281..

    Hi siva, no.. its in a downtrend..


  5. CB Says:
    March 9th, 2009
    Posted at: 12:41 pm

    Hi chandu, it has support at 1130.1140 levels.. if it goes below 1130 short sell it


  6. chandu Says:
    March 9th, 2009
    Posted at: 12:45 pm

    cb bazar close hoga nifty 2620 par ya 2640


  7. Nikhil Says:
    March 9th, 2009
    Posted at: 12:46 pm

    hi CB GM
    ur view on SBI
    i hav it at 1046
    thanks
    back aftr many days no time because of college exams


  8. Divyesh Says:
    March 9th, 2009
    Posted at: 12:50 pm

    WHAT IS OPINION YR ON MCDOWELL-N CAN IT COME DOWN OR GO UP SHORT SELL @ 570


  9. CB Says:
    March 9th, 2009
    Posted at: 12:54 pm

    Hi chandu, I feel below 2600..

    Hi Nikhil, As of now it looks weak.. Hold it for sme time and if Nifty goes below 2400 in short term avg it..

    Hi Divyesh, It has support at 580.. below this it can touch 550..


  10. Vinesh Says:
    March 9th, 2009
    Posted at: 1:13 pm

    Hi CB, is this a sign of worst coming in few days, as World bank released its press report where it stated that World Economy is going to shrink in coming days?


  11. Divyesh Says:
    March 9th, 2009
    Posted at: 1:17 pm

    HI CB SOLD MC-DOWELLN @ 590 NOW IT IS TRADING MORE THAN 600 CAN I QUIT OR SHORT SELL AGAIN IF IT COMES DOWN ......PLS REVERT


  12. CB Says:
    March 9th, 2009
    Posted at: 1:23 pm

    Hi Vinesh, yes.. thats true.. they said it would shrink by 5%

    Hi Divyesh, Its a sell only below 580.. keep a sl at 608.. dont avg


  13. Geetha Says:
    March 9th, 2009
    Posted at: 1:24 pm

    Will the market improve now. can u suggest some share to intratrade.


  14. Rajesh Says:
    March 9th, 2009
    Posted at: 1:25 pm

    Thanks for the HDFC call.....


  15. CB Says:
    March 9th, 2009
    Posted at: 1:26 pm

    Hi Geetha, I would not advice buying anything yet.. Nifty is in a range.. Wait for some more time.. Short Axis below 280..

    Hi Rajesh, most welcome


  16. Shiny Says:
    March 9th, 2009
    Posted at: 1:26 pm

    Hi Cb, Can i buy Rolta at cmp for short term? Thanks,,,

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