Intraday calls for 11-03-10
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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CB Says:
March 11th, 2010
Posted at: 3:34 pm
Hi SunilRao, yes, book tomorrow. it has resistance at 525
munish Says:
March 11th, 2010
Posted at: 3:35 pm
sir,
i bought 200 selmcl @88. what is short term target of this share
CB Says:
March 11th, 2010
Posted at: 3:36 pm
Hi munish, around 100
Hi shiva, not sure.
SunilRao Says:
March 11th, 2010
Posted at: 3:37 pm
Thanks Cb.
Nall's Says:
March 11th, 2010
Posted at: 3:39 pm
Hi KB
Did u noticed that CAC and Ftse just touched green
and dax 5min back started to green now 13 points up
but luckyli we r closed in green with premium of 12points
we might smashing day tomorrow if we r able to sustain
above 5170 for first half hour.. cheers god bless all of us
CB Says:
March 11th, 2010
Posted at: 3:39 pm
Hi SunilRao, most welcome.
munish Says:
March 11th, 2010
Posted at: 3:40 pm
thanks you sir
amit Says:
March 11th, 2010
Posted at: 3:40 pm
what a market???hmmmmm.......what to do with 5000put
CB Says:
March 11th, 2010
Posted at: 3:41 pm
Hi Lata, bye..tc.. sure.
Hi munish, most welcome.
Hi amit, we will need to avg it if nifty is unable to cross 5170 tomorrow.
sweta Says:
March 11th, 2010
Posted at: 3:41 pm
hi..i bought 50 hindustan petrolium @337 today for intraday but couldnt sold it as it went down ..as i am in exposer so cant wait more than 3-4 days..please suggest
Ravi Says:
March 11th, 2010
Posted at: 3:42 pm
Thanks CB, But will the stocks move further down from here
CB Says:
March 11th, 2010
Posted at: 3:42 pm
Hi Akash, yes, it should bounce back. lets hold it for some more time.
CB Says:
March 11th, 2010
Posted at: 3:43 pm
Hi sweta, yes, hold it.its near strong support levels and will bounce back.
Hi Ravi, as of now not sure. lets see how US markets close. if nifty crosses 5150 some more upmove can come in
LP Says:
March 11th, 2010
Posted at: 3:44 pm
Hi CB,
if possible may i accumulate sel at 83-85 tomorrow morning
CB Says:
March 11th, 2010
Posted at: 3:45 pm
Hi LP, yes. its a good bet for med term.
pradeep Says:
March 11th, 2010
Posted at: 3:53 pm
dear cb,would it be prudent to short nifty at 5170.at what levels should be shorts covered?