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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: 1:37 pm
Hi DS, if europe continues to slip then yes.
Hi keval, we cannot do much. there was news overnight and that is what had an effect. no point booking loss now. wait for some bounce.
CB Says:
March 12th, 2010
Posted at: 1:38 pm
Hi MANIK, hold onto it for 2-3 days. will bounce back
DS Says:
March 12th, 2010
Posted at: 1:38 pm
Dear CB,

But if it falls to say sub 5000 shouldnt i buy more to avg it out for next week....next week more bad news is it?

Warm Regards,
DS
abhijith Says:
March 12th, 2010
Posted at: 1:39 pm
Hiii CB. Pls suggest for JK Tyre for today
CB Says:
March 12th, 2010
Posted at: 1:39 pm
Hi DS, time factor would come into play then for options.
CB Says:
March 12th, 2010
Posted at: 1:39 pm
Hi keval, renuka can see 170-172. balrampur around 98
CS Says:
March 12th, 2010
Posted at: 1:40 pm
Hi CB,
I hv PSL @ 148 and idea @ 61.5. Ur suggestion.
CB Says:
March 12th, 2010
Posted at: 1:40 pm
Hi abhijith, seems may remain a bit flat today. markets are not doing much
CB Says:
March 12th, 2010
Posted at: 1:41 pm
Hi CS, psl can see 164.. idea around 66.
CB Says:
March 12th, 2010
Posted at: 1:41 pm
Hi keval, couple of weeks.
MANIK Says:
March 12th, 2010
Posted at: 1:42 pm
should avg it ?
CB Says:
March 12th, 2010
Posted at: 1:42 pm
Hi MANIK, no, dont avg yet
ttsathya Says:
March 12th, 2010
Posted at: 1:43 pm
Shorted DLF Fut @309 as per Karvy. Your advice Pl
CB Says:
March 12th, 2010
Posted at: 1:44 pm
Hi ttsathya, it can see 303.
SH Says:
March 12th, 2010
Posted at: 1:45 pm
Dear CB,
ur take on Anantraj for short to medium term ? suggest entry level plz.
Kb Says:
March 12th, 2010
Posted at: 1:46 pm
Cbee. .. :)
How nifty looks like ??