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Intraday calls for 09-03-12

Posted on: March 9th, 2012 at 8:28 am

Markets likely to open higher. Resistance for nifty is at 5420.

Buy Cairn India at 357-358, target: 364. Stoploss: 352

9.16am – Book profit in 5200 ce at 209

9.26am – Buy Infosys at 2897, target: 2920. Stoploss: 2877 – Exit infosys at 2875

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465 Responses

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  1. Gitanjali Says:
    March 10th, 2012
    Posted at: 11:22 pm

    HI CB, A very happy week end to all !
    That's a witty chatter between SM and KBtrader..!! Let the humor flow!


  2. Gitanjali Says:
    March 10th, 2012
    Posted at: 11:25 pm

    humour


  3. CB Says:
    March 10th, 2012
    Posted at: 11:42 pm

    Hi DJ, yes, its possible

    Hi Gitanjali, yes.. Have a good weekend..


  4. cvrprakash Says:
    March 11th, 2012
    Posted at: 3:58 am

    Dear CB,

    What's your view on Hindalco, if you too views negatively - sugest any one below scenario.

    Can I proceed with Selling Hindalco 150 CA @ 3.10

    Or with this,
    Buying Hindalco 120 PA @ 2.15
    Selling Hindalco 110 PA @ 0.70

    Kindly suggest.


  5. nv Says:
    March 11th, 2012
    Posted at: 9:05 am

    Hi, CB .... I have sold a 5000 PE @ 44 and now it is trading at 25 ....shall I book profits or wait for expiry to see the put decay ..... If markets react negatively to budget ...I hope the downfall may not be up to level of 5000 ..Whats your view ?


  6. CB Says:
    March 11th, 2012
    Posted at: 11:42 am

    Hi cvrprakash, hindalco looks weak. dont enter it yet go with a 120 pe below 131.

    Hi nv, yes, book profit on monday for now. with budget nearing, markets could turn volatile. 5000 seems a bit unlikely. has very strong support in the 5150-5180 zone


  7. wasey Says:
    March 11th, 2012
    Posted at: 2:25 pm

    HI CB,
    I have 5200 PE at 65, the cmp is 62 what shall I do on Monday morning? Please advise!
    Thanks!


  8. CB Says:
    March 11th, 2012
    Posted at: 2:32 pm

    Hi wasey, its a hold for now. keep sl at 5360. nifty may open a bit flat.


  9. DJ Says:
    March 11th, 2012
    Posted at: 3:08 pm

    Hi CB
    me too think nifty may open flat.do u c sterlite coming down from cmp in a flat mkt tmrw?


  10. Sohan Says:
    March 11th, 2012
    Posted at: 3:15 pm

    Hello,

    Good evening to one and all.

    Sohan


  11. CB Says:
    March 11th, 2012
    Posted at: 3:18 pm

    Hi DJ, can test 112 if unable to cross 116

    Hi Sohan, Good evening..


  12. Sohan Says:
    March 11th, 2012
    Posted at: 3:20 pm

    Hello CB,

    Can you see something positive for airline industry in the budget session.

    After the Jet airways scenerio, govt may have to think on some move to make some corrective actions.
    Can i take some major risk in these stocks.
    Similar risk also for steel industry?
    Finally can we short all cement stocks tommorow?
    Sohan


  13. DJ Says:
    March 11th, 2012
    Posted at: 3:40 pm

    Thx buddy
    u working or free right now?


  14. CB Says:
    March 11th, 2012
    Posted at: 4:25 pm

    Hi Sohan, yes, possible see some positive news for the aviation sector. steel sector does look weak. can short hindalco.

    Hi DJ, most welcome. would be going out for couple of hours.. whats up?


  15. vipul07 Says:
    March 11th, 2012
    Posted at: 4:59 pm

    Cb sir,
    tommorow what shall be the important support and resistance for lovable?


  16. Sohan Says:
    March 11th, 2012
    Posted at: 5:01 pm

    Hello CB,

    Thanks very much.

    Have a nice sunday evening.....

    Sohan

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