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Intraday calls for 12-03-10

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

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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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CB Says:
March 12th, 2010
Posted at: 8:24 am
Hi amit, around 15-18
Hi rashid, Good morning
Hi senthil, Good morning.
Hi Bhanu, Good morning
CB Says:
March 12th, 2010
Posted at: 8:25 am
Hi Bhanu, its facing strong resistance near 1300 levels. for now may remain flat. has support at 1215.
Chandrika Says:
March 12th, 2010
Posted at: 8:25 am
Hi Cb
Good Morning
What is the target of HPCl today
CB Says:
March 12th, 2010
Posted at: 8:26 am
Hi Chandrika, Good morning. it should see some bounce. around 4-5rs.
Kb Says:
March 12th, 2010
Posted at: 8:26 am
Cbee. .. Good Morning ... :)
CB Says:
March 12th, 2010
Posted at: 8:28 am
Hi senthil, yes, it looks good.
Hi Kb, good morning..
varun soni Says:
March 12th, 2010
Posted at: 8:29 am
goodmorning cb..what views on sugar stocks like renuka n balrampur after so much downside?
CB Says:
March 12th, 2010
Posted at: 8:31 am
Hi Chandrika, seems will remain a bit flat.
Hi varun soni, Good morning. let them stop falling.as of now they are continuing to see some selling pressure and are also volatile.
Arunava Says:
March 12th, 2010
Posted at: 8:31 am
IN what CE or PE i should trade for today intraday
please suggest sir
varun soni Says:
March 12th, 2010
Posted at: 8:32 am
cn v go short on renuka sugars for intraday?
CB Says:
March 12th, 2010
Posted at: 8:33 am
Hi Arunava, no. as of now not sure. lets see how IIP data shapes up
Hi varun soni, not yet.
tuff money Says:
March 12th, 2010
Posted at: 8:35 am
good morning cb,
u think short at opening or wait till 5150ish
pinto Says:
March 12th, 2010
Posted at: 8:36 am
hi cb, what will nifty trand for today ?
CB Says:
March 12th, 2010
Posted at: 8:36 am
Hi tuff money, Good morning. lets wait..
CB Says:
March 12th, 2010
Posted at: 8:36 am
Hi pinto, likely to open flat. will take queue from iip numbers.
Arun Says:
March 12th, 2010
Posted at: 8:36 am
Hi CB,
how's Core Projects & Technologies Ltd for intraday?