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Quotes with Resistance & Support

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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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shiva Says:
March 12th, 2010
Posted at: 8:58 am
book profits in educomp at opening?
CB Says:
March 12th, 2010
Posted at: 8:58 am
Hi sadiq, most welcome
Hi VBC, for now hold it. markets are directionless as of now. keep it for 2-3 days. stocks are indicating some weakness. should see some selling pressure in coming days.
CB Says:
March 12th, 2010
Posted at: 8:58 am
Hi shiva, yes, book partial
seshu Says:
March 12th, 2010
Posted at: 8:58 am
Hai cb good morning.
Lata Says:
March 12th, 2010
Posted at: 8:59 am
CB, wht can be the target for fortis
CB Says:
March 12th, 2010
Posted at: 8:59 am
Hi seshu, Good morning
Hi Lata, can add 4-5rs.
avi Says:
March 12th, 2010
Posted at: 8:59 am
I HAVE RENUKA @ 185.5 QTY 150 & Nifty 5000 PE @42.50........
Kindly Suggest what i should do now.....
svk Says:
March 12th, 2010
Posted at: 9:01 am
hi cb shall i buy globus spirit and abg shipyard for intraday
CB Says:
March 12th, 2010
Posted at: 9:01 am
Hi avi, for now hold them. renuka has come down quite a bit and likely to see some bounce.
CB Says:
March 12th, 2010
Posted at: 9:02 am
Hi svk, globus can be bought in small quantity
CB Says:
March 12th, 2010
Posted at: 9:06 am
Hi tuff money, yes. upside seems to be limited around 5200 for now.
Dhritiman Sanyal Says:
March 12th, 2010
Posted at: 9:06 am
Dear CB,
Can i buy TCS 800 CA now?
Warm Regards,
DS
CB Says:
March 12th, 2010
Posted at: 9:06 am
Hi Chandrika, around 151. hold it.
Shanthi Says:
March 12th, 2010
Posted at: 9:07 am
Hi CB, can i buy sterlite & Escorts @CMP for intra day ? please advice the target price for these
CB Says:
March 12th, 2010
Posted at: 9:07 am
Hi Dhritiman Sanyal, it has resistance at 800-805. dont enter it yet
ASri Says:
March 12th, 2010
Posted at: 9:07 am
Hi CB,
Your advice for GSPL (93.10) & Petronet (79), pls.