Quotes with Resistance & Support
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Intraday calls for 15-03-11

Posted on: March 15th, 2011 at 8:23 am

Markets likely to see a gap down opening.

If markets show recovery later during the day, buy JSW Steel – (book profit in JSW Steel at 918-920)

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543 Responses

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  1. CB Says:
    March 15th, 2011
    Posted at: 8:28 am

    Hi MURUGAN, Good morning. it has very strong support near 303. if holds onto it, can see 310-312. below this can see selling pressure.


  2. JR Says:
    March 15th, 2011
    Posted at: 8:30 am

    Gud mrng CB sir... what wil be the targt for welcorp today...should i short DLF or HDIL


  3. CB Says:
    March 15th, 2011
    Posted at: 8:33 am

    Hi JR, Good morning. don't short at gap down opening. welcorp may remain a bit flat it seems.


  4. Shereef Says:
    March 15th, 2011
    Posted at: 8:34 am

    Hi CB,

    SGX Nifty is trading below 5400......


  5. CB Says:
    March 15th, 2011
    Posted at: 8:36 am

    Hi Shereef, yes. seems like a big gap down today. lets see


  6. cvrprakash Says:
    March 15th, 2011
    Posted at: 8:36 am

    Hi CB,

    With Charts anything bad you feel for Uflex? More down side from now? I am holding it @ 275 levels. Can I exit it? Or wait? Please advice.


  7. rafi Says:
    March 15th, 2011
    Posted at: 8:37 am

    if markets open in red shall i short reliance in the opening otherwise buy bhel


  8. CB Says:
    March 15th, 2011
    Posted at: 8:38 am

    Hi cvrprakash, yes, does look a bit weak. has support at 121. don't exit at lower levels. if possible add few more to avg. fundamentally its a good bet

    Hi rafi, yes, on dips one can long bhel


  9. rafi Says:
    March 15th, 2011
    Posted at: 8:40 am

    about relaince ...shall i short it in the opening and about which level i book profit booking


  10. CB Says:
    March 15th, 2011
    Posted at: 8:40 am

    Hi rafi, no, don't go short on a gap down opening.


  11. Rahul Says:
    March 15th, 2011
    Posted at: 8:41 am

    Hi CB & all friends. I am regular trader & notice FII actions. I have seen in past also, if FIIs on buying mood, our market is surely go UP in coming days & vice versa. FIIs were buying a lots since Thursday, friday & even on monday also.
    Today we are gap down..... two scenes are there at the time of closing - 1) market will be UP as FIIs will make money. 2) Else they will start selling. Please sussest ur opinion.


  12. Ayran Says:
    March 15th, 2011
    Posted at: 8:41 am

    GM CB!

    What cud be the support for Nifty today? If It opens low is it ok to short it for intraday?


  13. JAGDISH Says:
    March 15th, 2011
    Posted at: 8:42 am

    Hi CB, goodmorning can i buy tatasteel for intra day today for tgt 610 ?


  14. rafi Says:
    March 15th, 2011
    Posted at: 8:42 am

    tata motors,maruthi, hero honda anything for shorting cb


  15. CB Says:
    March 15th, 2011
    Posted at: 8:43 am

    Hi Rahul, yes. if negative news flow continues from Japan then seems can head much lower. lets see

    Hi Ayran, no, dont go short on a gap down opening. may open near 5400


  16. Pushpa Says:
    March 15th, 2011
    Posted at: 8:43 am

    Hi CB, any chance of going down till 5200 if so can v buy put at cmp?

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