Quotes with Resistance & Support
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Intraday calls for 14-03-13

Posted on: March 14th, 2013 at 8:17 am

Markets likely to open flat, Support for nifty at 5850, resistance at 5980

Sell HDFC Bank on rise

Note: I wont be able to reply until 10 a.m as I am travelling

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217 Responses

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  1. Vishal Says:
    March 14th, 2013
    Posted at: 10:42 am

    Hi CB, Pls reply to my query. Wht to do?


  2. PRAVIN Says:
    March 14th, 2013
    Posted at: 10:42 am

    A nationwide, undercover investigation across dozens of branches by Cobrapost reveals HDFC Bank is involved in extensive money laundering. The bank is blatantly violating various sections of the Income Tax Act, FEMA, RBI regulations and the Anti-Money Laundering Act, making the legitimacy of its deposits and its phenomenal profits and growth suspect.
    It was a simple visit by a journalist, posing as a frontman of a politician, to the bank. So was its stated purpose: A huge amount of black money of the politician was to be invested with the bank. Would the officials help make it white? The rider: Under no circumstances should the politician be identified.
    A six-month long undercover investigation by Cobrapost, codenamed Operation Red Spider, found dozens of officials of HDFC Bank, one of the oldest and most prestigious private banks in India, willing to help convert black money into “white”. Bankers across dozens of branches spread across the state...


  3. RG Says:
    March 14th, 2013
    Posted at: 10:43 am

    Hi CB,

    Holding tata motors pe...Can we some more downside..whats the resistance level ?


  4. DS Says:
    March 14th, 2013
    Posted at: 10:44 am

    Hi CB,

    Thank you for your fantastic guidance...covered FED Bank short at 482 as per your guidance...still not sure how did you get the spot price of 480 down so accurately....anyway thanks once again.

    Cani short HDFC now? If yes at what level should i short and cover?
    And infy has fallen quite a bit...can i enter into it for a lil bounce in this series?

    Warm Regards,
    DS


  5. PK Says:
    March 14th, 2013
    Posted at: 10:44 am

    Hi CB, sir but no money to buy more sir


  6. sdg Says:
    March 14th, 2013
    Posted at: 10:45 am

    Hi CB, shorted nifty futures last week @5772.. is it hold or book minimal loss and exit today?


  7. VAN Says:
    March 14th, 2013
    Posted at: 10:46 am

    SIR, at what level i shall buy REC for long term?


  8. FIR Says:
    March 14th, 2013
    Posted at: 10:46 am

    CB sir can i buy rcom @cmp


  9. CB Says:
    March 14th, 2013
    Posted at: 10:46 am

    Hi Vishal, yes, hold these 2 for now. can see some bounce

    Hi PRAVIN, oh ok. thanks for the update

    Hi RG, yes, hold it. can see 292

    Hi DS, you are always welcome. yes, can short hdfc bank near 630

    Hi PK, ok. will need to hold with a sl at 5800 on nifty for now.


  10. CB Says:
    March 14th, 2013
    Posted at: 10:47 am

    Hi sdg, no, its a hold for now

    Hi FIR, no, looks weak

    Hi VAN, no, looks weak


  11. sdg Says:
    March 14th, 2013
    Posted at: 10:48 am

    HDFC bank scam.. just got one link from RM.. http://www.cobrapost.com/index.php/news-detail?nid=138&cid=25


  12. FIR Says:
    March 14th, 2013
    Posted at: 10:49 am

    CB sir can i short hdfc bank @cmp give me the target or sl plz


  13. Sandip Says:
    March 14th, 2013
    Posted at: 10:49 am

    Hi CB,

    your view on nifty????

    Can we expect bounce back???


  14. sandeep Says:
    March 14th, 2013
    Posted at: 10:49 am

    cb..............Can we buy HUL for current series for a target of 465?
    plz reply


  15. CB Says:
    March 14th, 2013
    Posted at: 10:49 am

    Hi Vishal, no, dont avg it yet. hold for now

    Hi sdg, thanks for sharing.


  16. vishnu Says:
    March 14th, 2013
    Posted at: 10:49 am

    Hi CB,

    Hope JP Ass is in down trend .is there any possibility to touch 70 in 2 days
    .I have opted for 70 PE.Pls suggest.

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