Quotes with Resistance & Support
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Intraday calls for 12-03-12

Posted on: March 12th, 2012 at 8:28 am

Markets likely to open a bit higher. Resistance for nifty is at 5360.

Buy GVK power & infra at 18.25, target: 19.50. Stoploss: 17.50

Trade in small quantity.

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388 Responses

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  1. Dinesh Kumar Says:
    March 12th, 2012
    Posted at: 8:41 am

    can i go CE option today.. what will be the best..


  2. CB Says:
    March 12th, 2012
    Posted at: 8:41 am

    Hi Dinesh Kumar, enter a ce above 5360


  3. SS Says:
    March 12th, 2012
    Posted at: 8:43 am

    Hi CB,
    Good Morning, Can we see some upmove in Mcleoad and Sesagoa. Pls suggest target...thanks


  4. Aliasgar Says:
    March 12th, 2012
    Posted at: 8:43 am

    Sir Whats your view for LT I have 1200 put at 29 CMP is 21 ?


  5. sudhir Says:
    March 12th, 2012
    Posted at: 8:45 am

    Hi CB,
    Gud mrng , Could you give any comment on IIP data today , if market open 5400 above then go for shorts or until wait for IIP data ?


  6. CB Says:
    March 12th, 2012
    Posted at: 8:45 am

    Hi SS, mcleod can test 245. sesa may remain a bit flat

    Hi Aliasgar, it has resistance at 1320. hold it for now.


  7. SAGAR |sagarblog.com | Says:
    March 12th, 2012
    Posted at: 8:46 am

    Hi CB, Matters in concern is
    1) CRR rate Cut - so market can move up
    2) Global futures trades in red - so can come down
    3) Budget - Volatile till announced

    Inference : Market can Hike up till 5360 and can see some selling pressure @ minor resistance levels and remain volatile throught till EOD.


  8. CB Says:
    March 12th, 2012
    Posted at: 8:48 am

    Hi sudhir, its best to wait till iip data is out

    Hi SAGAR |sagarblog.com |, yes. also best to wait till iip data is out


  9. jals Says:
    March 12th, 2012
    Posted at: 8:52 am

    HI CB G.M

    What ur thought on BHEL and and Dishtv.


  10. CB Says:
    March 12th, 2012
    Posted at: 8:55 am

    Hi jals, dish is looking weak. can fall further. bhel can test 284


  11. Kb Trader Says:
    March 12th, 2012
    Posted at: 8:56 am

    GMM CBBB


  12. lotus Says:
    March 12th, 2012
    Posted at: 8:57 am

    goodmorning cb. wt ur view about IRB Infra? shall i buy for intraday?


  13. imaan Says:
    March 12th, 2012
    Posted at: 8:58 am

    alok textile .what to do today.i have bought @22.5


  14. CB Says:
    March 12th, 2012
    Posted at: 8:58 am

    Hi Kb Trader, Good morning

    Hi lotus, Good morning. its facing resistance at 188. dont enter it yet


  15. CB Says:
    March 12th, 2012
    Posted at: 8:59 am

    Hi imaan, its a hold. can test 24 again in short term.


  16. lotus Says:
    March 12th, 2012
    Posted at: 8:59 am

    okey. wt about axis bank n DLF?

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