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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. CB Says:
    March 12th, 2010
    Posted at: 11:20 am

    Hi sadanand, yes. would advice to buy once it crosses 390


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

    Hi tuff money, yep..


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

    HI Cb

    I bought ackruti yesterday 50 chares @535. Can I hold till monday or clear it today . pls suggest


  4. DS Says:
    March 12th, 2010
    Posted at: 11:23 am

    Dear CB,

    And now i have a call to buy Nifty 5100 CE ...does that mean ppl are expecting markets to go up due to good data?


    Warm Regards,

    DS


  5. CB Says:
    March 12th, 2010
    Posted at: 11:24 am

    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


  6. CB Says:
    March 12th, 2010
    Posted at: 11:25 am

    Hi Chandrika, book profits on rise today

    Hi DS, yes. but keep strict sl at 5120 for the call.


  7. ANI Says:
    March 12th, 2010
    Posted at: 11:26 am

    Hi CB,

    GM. Can I enter All Bank for intraday. If yes, entry level & exit pl!


  8. rsk Says:
    March 12th, 2010
    Posted at: 11:26 am

    Hi CB… can i short on HDFC bank now? why the sugar stocks going very much down? shorted renuga @156.30… target and stoploss?


  9. Sahana Says:
    March 12th, 2010
    Posted at: 11:27 am

    HI CB,

    I have Norbenteaexp at 15 Rs. Should I hold or sell. If hold, what is ST?


  10. CB Says:
    March 12th, 2010
    Posted at: 11:27 am

    Hi ANI, no, dont enter it for intraday now

    Hi rsk, yes. book profits in renuka for now. finding some support near 150. hdfc bank can be shorted for 1-2 days.


  11. DS Says:
    March 12th, 2010
    Posted at: 11:27 am

    Dear CB,

    So you are expecting it to go to 5120 is it?....if the IIP data is good then wont it rise rather than fall? Or are you expecting bad figures? And shd i avg TCS 800 CA and Unitech 75 CA now and hope to sell it on rise?

    Warm Regards,

    DS


  12. seshu Says:
    March 12th, 2010
    Posted at: 11:27 am

    cb How do we judge to buy a share when it is in up move? Just like Hero Honda is going up and up.... Fortish and etc. also. When they reaching higher and higher i feel it to wait and watch a good process to dip some time. But they are going up and up. When can we buy some and how to judge the right stage?


  13. CB Says:
    March 12th, 2010
    Posted at: 11:29 am

    Hi DS, not sure of the outcome yet. incase its not good, keep sl at 5120. no, dont avg any yet.

    Hi seshu, you will need to learn technical analysis for that. if a stock has given a good breakout technically then fresh buying interest usually comes in


  14. anand Says:
    March 12th, 2010
    Posted at: 11:30 am

    Hi CB,

    Any tgts for NTPC for this expiry


  15. CB Says:
    March 12th, 2010
    Posted at: 11:30 am

    Hi anand, around 206.


  16. rajat Says:
    March 12th, 2010
    Posted at: 11:32 am

    HI CB,

    IIP data is tend to be -ve or +ve ? I have bought nifty @ 5150. Please suggest.

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