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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. NSE_Trader Says:
    March 11th, 2010
    Posted at: 11:38 pm

    Hi CB,
    How do u read Kiri Dyes and chemicals for 3-4 days
    Thanks


  2. sadiq Says:
    March 11th, 2010
    Posted at: 11:38 pm

    hi cb, can fortis touch 182 tomorrow?


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

    Hi CB,

    Cb, u may look in to gitanjali's thanks giving comment. . Told me to remind u. .


  4. som1 Says:
    March 11th, 2010
    Posted at: 11:56 pm

    Kartik, please reply , do we still hold on to HMT ??? its sliding down ... bought it at 82 and now it has crossed it first support @80 ..kindly pls suggest ...


  5. soum1 Says:
    March 11th, 2010
    Posted at: 11:57 pm

    Kartik, please reply , do we still hold on to HMT ??? its sliding down ... bought it at 82 and now it has crossed it first support @80 .. pls suggest ......


  6. CB Says:
    March 11th, 2010
    Posted at: 11:58 pm

    Hi sunil, likely to see a flat opening

    Hi mohit, keep it for a week or 2.

    Hi Jagdish, around 740

    Hi ganga, yes, seeing some profit booking. some bounce is likely soon

    Hi raviu, yes, hold onto it. markets are not really doing much as of now

    Hi NSE_Trader, thanks. sel man is a good bet for med term. its likely to do well. hmt can be bought in small quantity. not sure of kiri dyes



    Hi sadiq, yes, can see 182 tomorrow.


  7. CB Says:
    March 12th, 2010
    Posted at: 12:00 am

    Hi Kb, thanks. ill email her

    Hi soum1, yes, hold onto it. it should show a bounce soon


  8. CB Says:
    March 12th, 2010
    Posted at: 12:06 am

    Hi soum1, yes, hold it. keep it for 2-3 days. should see a good bounce soon. technically looks good.


  9. ameekur Says:
    March 12th, 2010
    Posted at: 12:14 am

    Hi CB, how does nifty lok from here forward do u c any down side from here ???????


  10. Nall's Says:
    March 12th, 2010
    Posted at: 12:15 am

    Hi CB Sir
    I have bought Tips ind at 57/- sir what shall i do its coming down
    I have red its recent post on 03/03/10 that buy back price is 75/-
    date of opening buyback is 17th march 2010, its an announcement
    from this company, please advise me what shall i do..tnx lot...


  11. saravan Says:
    March 12th, 2010
    Posted at: 12:21 am

    Hi CB,

    if a person goes for intra trade, when can he expect, that market can show much volatality. ie., is it in market starting stage or closing stage


  12. CB Says:
    March 12th, 2010
    Posted at: 12:23 am

    Hi soum1, thanks.

    Hi ameekur, above 5150 it can head upto 5200. on the downside support is at 5070. below this we can see 5000

    Hi Nall’s, hold it for now. has some resistance at 54. above this it will do well

    Hi saravan, usually when nifty rallies a quite a bit, markets turn volatile for 1 week or 2. its not possible to predict the trend.


  13. saravan Says:
    March 12th, 2010
    Posted at: 12:31 am

    CB,

    What am asking is for a volatality in a single day, is in the market opening or market closing time, when the volatility become more.


  14. CB Says:
    March 12th, 2010
    Posted at: 12:32 am

    Hi saravan, oh ok. its usually when europe opens and then in the last 45 min


  15. saravan Says:
    March 12th, 2010
    Posted at: 12:35 am

    cb,

    thanx for ur kind advice & good night........


  16. saravan Says:
    March 12th, 2010
    Posted at: 12:38 am

    cb,

    I forget to ask u, when can europe market
    opens

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