Quotes with Resistance & Support
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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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Comment pages: 272829303132333435Show all

  1. RAMAN Says:
    March 11th, 2010
    Posted at: 2:18 pm

    Hi Only_intraday,

    Thank u for yr information.

    Warm regards,
    RAMAN


  2. DS Says:
    March 11th, 2010
    Posted at: 2:19 pm

    Folks,

    Can anyone tell me if more ppl have started to buy puts than calls....looks like everyone is expecting markets to tank ....


    Warm Regards,

    DS


  3. sri ram kumar Says:
    March 11th, 2010
    Posted at: 2:20 pm

    CB SIR please tell me that shall i hold 5100 put r square off


  4. ANI Says:
    March 11th, 2010
    Posted at: 2:20 pm

    Hello Cb,

    Bought Bata India @ 253/ for intraday. Stock in downtrend. Can it recover
    by t'mrw? Pl guide.


  5. ANI Says:
    March 11th, 2010
    Posted at: 2:24 pm

    Where are CB/Kartik! Can anyone reply my query regarding Bata India pl!


  6. ravi Says:
    March 11th, 2010
    Posted at: 2:25 pm

    hello cb...can i buy 5100pe now


  7. Kb Says:
    March 11th, 2010
    Posted at: 2:26 pm

    Hi DS,

    yes. . All put buyers expect the index to come down . ..


  8. Lata Says:
    March 11th, 2010
    Posted at: 2:26 pm

    can anyone suggest abt HPCL.....to hold or exit


  9. DS Says:
    March 11th, 2010
    Posted at: 2:27 pm

    Dear Ravi,

    5100 PUT has a tgt of 68-70


    Warm Regards,

    DS


  10. DS Says:
    March 11th, 2010
    Posted at: 2:28 pm

    Dear KB,

    So one shd exit calls and enter puts right....but if all companies are doing better as compared to the 4th qtr why shd the markets come down?


    Warm Regards,

    DS


  11. Geetha Says:
    March 11th, 2010
    Posted at: 2:31 pm

    I still hold HPCL 100@339(bought today), if i hold this for 2 to 3 days what will be the target or is it better to exit now.


  12. DS Says:
    March 11th, 2010
    Posted at: 2:32 pm

    Dear Geetha,

    I had to exit @ 233 but i have seen more often than not CB's prediction comes true after some time....


    Warm Regards,

    DS


  13. Kb Says:
    March 11th, 2010
    Posted at: 2:33 pm

    Hi DS,

    Yes .. all looks good. . but this is due to selling pressure, nifty has rallied bit and people are booking their profits. also nifty is in overbought zone.


  14. nitin Says:
    March 11th, 2010
    Posted at: 2:33 pm

    he is right.... its nearly 85% on target


  15. nitin Says:
    March 11th, 2010
    Posted at: 2:35 pm

    dear DS... page 31 has started...


  16. DS Says:
    March 11th, 2010
    Posted at: 2:36 pm

    Dear KB,

    So what would you say would be the correct figure...4900 or 4800 or even lower??


    Warm Regards,

    DS

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