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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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CB Says:
March 12th, 2010
Posted at: 9:21 am
Hi N MURALI, albnk can see 147. bata india around 257
Hi mythreyi, no issues. grasim will do well if it crosses 2900. others may remain a bit flat.
Dhritiman Sanyal Says:
March 12th, 2010
Posted at: 9:21 am
Dear CB,
How come no movement in Unitech 75 CA call?And the TCS 800 CA is falling steadily too.Are markets expected to come down today?

Warm Regards,
DS
CB Says:
March 12th, 2010
Posted at: 9:22 am
Hi Rohan, no, not sure of any news
Hi ruthwik, hold it for a months if possible..can add 10-15%
Hi Dibyendu, dont enter it now for today.
N MURALI Says:
March 12th, 2010
Posted at: 9:23 am
Thank u CB. Happy trading
madhu Says:
March 12th, 2010
Posted at: 9:23 am
Hi CB, GOOD MORNING,
CAN I BUY 5200 PE FOR NOW
mythreyi Says:
March 12th, 2010
Posted at: 9:23 am
any views on m&m today
CB Says:
March 12th, 2010
Posted at: 9:23 am
Hi Dhritiman Sanyal, tcs has resistance at 800. call wont do much unless it manages to cross it. unitech is a hold for now. keep sl at 73.
N MURALI Says:
March 12th, 2010
Posted at: 9:24 am
Hi CB,
Any scrip to be shorted?
Rupesh Says:
March 12th, 2010
Posted at: 9:24 am
Hi CB, GOOD MORNING,
What is target munjal auto
CB Says:
March 12th, 2010
Posted at: 9:25 am
Hi N MURALI, most welcome.. you too
Hi madhu, good morning. lets wait till iip numbers are out
Hi mythreyi, no, not sure about it for today
Hi Kb, people to push stock prices higher/lower
CB Says:
March 12th, 2010
Posted at: 9:26 am
Hi N MURALI, on rise hdfc bank can be shorted.
Hi Rupesh, Good morning. around 104.
CB Says:
March 12th, 2010
Posted at: 9:27 am
Hi Kb, it can also be a group of traders.
hitesh Says:
March 12th, 2010
Posted at: 9:27 am
good morning cb what is target for litl?
Sandeep Says:
March 12th, 2010
Posted at: 9:27 am
hey C.B. RIL jumped up i hv call 50Lots [email protected] can holf or book profit here???
CB Says:
March 12th, 2010
Posted at: 9:29 am
Hi hitesh, Good morning. around 55.
Hi Sandeep, yes, book partial for now. has strong resistance around 1040
CB Says:
March 12th, 2010
Posted at: 9:29 am
Hi senthil, thanks.