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Intraday calls for 11-03-10

Posted on: March 11th, 2010 at 8:13 am

Markets likely to see a flat opening. Support for nifty is at 5070 and resistance at 5150.

Buy Hindustan Petroleum Corporation Ltd at at 339.10, target: 347. Stoploss: 333.

If markets show weakness later during the day, sell: HDFC Bank

Trade in small quantities.

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687 Responses

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  1. aba Says:
    March 11th, 2010
    Posted at: 10:47 am

    chirag bhai which would be a better stock for intraday at cmp giving good returns SEL Manufac or Unitech at CMP


  2. CB Says:
    March 11th, 2010
    Posted at: 10:47 am

    Hi ttsathya, no, for now hold it. markets could move higher if iip is good

    Hi Nall’s, yes, markets are consolidating after the recent upmove. no news of correction yet but some profit booking cannot be ruled out.

    Hi DS, yes. hold it. it usually rallies after being quiet for a long term. you can accumulate on dips

    Hi rev, Good morning. not sure whats wrong with it today. can bounce back to 338


  3. keval Says:
    March 11th, 2010
    Posted at: 10:47 am

    and what abt steel sector


  4. Manish Says:
    March 11th, 2010
    Posted at: 10:47 am

    CB again asking How much will be small quantity for shree astivinyak . I 'm always confused while buying small quantities ?


  5. tuff money Says:
    March 11th, 2010
    Posted at: 10:48 am

    hi cb,

    i shorted a future of sesagoa at 423.7.. now spot is back at those levels but the discount is being eaten away. it was 16 rs at the time now its down to 5 from 8 this morning. what to do?


  6. CB Says:
    March 11th, 2010
    Posted at: 10:48 am

    Hi keval, they are likely to move with the markets. for now are trading flat.

    Hi Manish, invest 20-30% of the amt with which you usually invest with


  7. Ravi Says:
    March 11th, 2010
    Posted at: 10:49 am

    Hi CB, Renuga Sugar 190 put suddenly rose from 0.9 rs to 1.9. Can we see a uptrend in it in coming days or shall I book loss now? Holding it at 4 rs


  8. Santy Says:
    March 11th, 2010
    Posted at: 10:49 am

    Hi CB holding nifty 5000 put @ 43 since a week ..... please suggest ... should i hold or book loss ..... or can i avg it ..... thanks in advance


  9. CB Says:
    March 11th, 2010
    Posted at: 10:49 am

    Hi shiva, not yet

    Hi tuff money, yes, markets have recovered a bit. its a hold for now. already overbought and is facing resistance near 445-450


  10. lanka Says:
    March 11th, 2010
    Posted at: 10:50 am

    hello cb i buy idea cellular @ 84 can i see in short period


  11. BAPU Says:
    March 11th, 2010
    Posted at: 10:50 am

    Hi harish, may i know the website of that top 5 bids?


  12. DS Says:
    March 11th, 2010
    Posted at: 10:50 am

    Dear CB,

    How much further downside can be expected in KGL?around 15? or will it drop to the erstwhile 9-10 rupees?


    Warm Regards,

    DS


  13. sanjay Says:
    March 11th, 2010
    Posted at: 10:50 am

    Watch:selmcl now @ 88 ,up 5.1%, next tartet 93 and 103, today upper [email protected]


  14. CB Says:
    March 11th, 2010
    Posted at: 10:51 am

    Hi Ravi, yes, for now hold it. some recovery is coming in

    Hi lanka, yes, one can enter it

    Hi BAPU, nseindia.com or odin diet software.


  15. ananya Says:
    March 11th, 2010
    Posted at: 10:51 am

    HICB, YOU HAVE NOT ANSWERED MY QUERIES


  16. sarang Says:
    March 11th, 2010
    Posted at: 10:52 am

    hi cb can i short idea cellular @ 61.40 whts u see is on upside or downside

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