Quotes with Resistance & Support
Market Information

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: 343536373839404142Show all

  1. CB Says:
    March 11th, 2010
    Posted at: 3:34 pm

    Hi SunilRao, yes, book tomorrow. it has resistance at 525


  2. munish Says:
    March 11th, 2010
    Posted at: 3:35 pm

    sir,
    i bought 200 selmcl @88. what is short term target of this share


  3. CB Says:
    March 11th, 2010
    Posted at: 3:36 pm

    Hi munish, around 100

    Hi shiva, not sure.


  4. SunilRao Says:
    March 11th, 2010
    Posted at: 3:37 pm

    Thanks Cb.


  5. 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


  6. CB Says:
    March 11th, 2010
    Posted at: 3:39 pm

    Hi SunilRao, most welcome.


  7. munish Says:
    March 11th, 2010
    Posted at: 3:40 pm

    thanks you sir


  8. amit Says:
    March 11th, 2010
    Posted at: 3:40 pm

    what a market???hmmmmm.......what to do with 5000put


  9. 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.


  10. 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


  11. Ravi Says:
    March 11th, 2010
    Posted at: 3:42 pm

    Thanks CB, But will the stocks move further down from here


  12. CB Says:
    March 11th, 2010
    Posted at: 3:42 pm

    Hi Akash, yes, it should bounce back. lets hold it for some more time.


  13. 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


  14. LP Says:
    March 11th, 2010
    Posted at: 3:44 pm

    Hi CB,

    if possible may i accumulate sel at 83-85 tomorrow morning


  15. CB Says:
    March 11th, 2010
    Posted at: 3:45 pm

    Hi LP, yes. its a good bet for med term.


  16. 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?

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