Quotes with Resistance & Support
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Intraday calls for 12-03-10

Posted on: March 12th, 2010 at 8:19 am

Markets likely to see a slightly lower opening. Support for nifty is at 5070 and resistance at 5160.

If markets show some recovery later during the day, buy: Fortis healthcare with stoploss at 170-172

11.24am – buy shree renuka sugars in small quantity at cmp 152.80 for short term. strict sl 140-142. in case markets correct from here we will need to avg around 145

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564 Responses

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  1. Madhav Says:
    March 12th, 2010
    Posted at: 11:12 am

    Hi Sir, i have bought 100 shares of Subex at 71Rs, now it is sliding continueosly. I don't know why its falling even if market is up. Please suggest me what to do. Thanks


  2. CB Says:
    March 12th, 2010
    Posted at: 11:13 am

    Hi Madhav, yes. hold it. its seeing some profit booking. if possible avg it on dips around 57


  3. hello Says:
    March 12th, 2010
    Posted at: 11:14 am

    CB, Holding Allahabad Bank @ 145.45, target for today.


  4. shiva Says:
    March 12th, 2010
    Posted at: 11:14 am

    CB, if iip data is good and nifty will give brkout, then what shd i buy?


  5. CB Says:
    March 12th, 2010
    Posted at: 11:14 am

    Hi hello, hold it for 2-3 days. can see 155. today can see 149


  6. parinistha Says:
    March 12th, 2010
    Posted at: 11:14 am

    THANKS CB AND MANISH FOR YOUR KIND SUGGESTION !


  7. rajeshshenoi Says:
    March 12th, 2010
    Posted at: 11:15 am

    im holding 300 renuka@155 levels wat to do


  8. ttsathya Says:
    March 12th, 2010
    Posted at: 11:15 am

    Shorted Baj Hind fut @146 TGTPl
    Shall I sell & buy JSW steel Fut @ current levels. Pl advice for both


  9. GSR Says:
    March 12th, 2010
    Posted at: 11:15 am

    Thanxs CB


  10. CB Says:
    March 12th, 2010
    Posted at: 11:15 am

    Hi shiva, no, not sure yet

    Hi parinistha, most welcome

    Hi rajeshshenoi, for now hold it. should stop falling and see some short covering soon


  11. CB Says:
    March 12th, 2010
    Posted at: 11:16 am

    Hi ttsathya, ok. hold it. dont go short on jsw yet

    Hi GSR, most welcome

    Hi ravi, no, not yet


  12. DS Says:
    March 12th, 2010
    Posted at: 11:17 am

    Dear CB,

    My broker has taken TCS 800 CA @ 11 inspite of me telling to hold on....now its at 10. Shd i hold or exit?

    Warm Regards,

    DS


  13. Chandrika Says:
    March 12th, 2010
    Posted at: 11:18 am

    HI Cb

    What is the target of ackruti today. Pls


  14. tuff money Says:
    March 12th, 2010
    Posted at: 11:18 am

    hi cb,

    is the 152 target still applying for albk? or should i exit as it above my buy price ... i know s/l was triggered


  15. sadanand Says:
    March 12th, 2010
    Posted at: 11:19 am

    Hi, Boss, Can I go for Shiv vani at CMP for 3 months ?


  16. CB Says:
    March 12th, 2010
    Posted at: 11:19 am

    Hi DS, ok. hold it. keep sl at 790


    Hi Chandrika, around 551

    Hi tuff money, yes. hold onto it.

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