Quotes with Resistance & Support
Market Information

Intraday calls for 16-03-09

Posted on: March 16th, 2009 at 9:36 am

Markets likely to open flat.

Buy Zee Entertainment around 92-93, target: 97. Stoploss: 90
Buy Punj lloyd on dips around 71-72, target: 76. Stoploss: 70

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109 Responses

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  1. Anand Says:
    March 16th, 2009
    Posted at: 10:43 am

    Thanks CB, Today mkt will go up or down?


  2. VijayD Says:
    March 16th, 2009
    Posted at: 10:45 am

    Hi, thanks it is pretty close to 1268 which I calculated(of course now i moved it to 1270). what i see in 6 monthe chart is, its in sideway trend if everything goes fine it should touch 1390-1400 in short term. please give your valuable comment on it. thanks.


  3. CB Says:
    March 16th, 2009
    Posted at: 10:54 am

    Hi Anand, we would be flat.. Nifty has support at 2680..

    Hi VijayD, yes.. it can touch 1380-1400 if markets remain positive.. i thought you were holding it for intraday.. for short term, its a hold..


  4. VijayD Says:
    March 16th, 2009
    Posted at: 10:55 am

    yes i want to hold it for short term. is stop loss ok for short term? ie 1370 or i should provide little bit more space. thanks.


  5. CB Says:
    March 16th, 2009
    Posted at: 10:57 am

    Hi VijayD, yes.. keep a sl lower at 1240.. or incase markets fall you could avg it..


  6. VijayD Says:
    March 16th, 2009
    Posted at: 11:02 am

    ok thanks did it.


  7. AMAR Says:
    March 16th, 2009
    Posted at: 11:13 am

    WHAT ABT ESCORTS ???


  8. CB Says:
    March 16th, 2009
    Posted at: 11:16 am

    Hi AMAR, Escorts has resistance at 36.50.. above this it can touch 39-40.. support at 34


  9. SK Says:
    March 16th, 2009
    Posted at: 11:19 am

    CB, Comment on SATYAM plz holding at 48/- for short term


  10. CB Says:
    March 16th, 2009
    Posted at: 11:22 am

    Hi SK, Stayam has strong resistance at 54 level.. once it crosses it, it can touch 64.. as of now its a hold.. Hopefully it should see upmove in near term considering takeover plans..


  11. SK Says:
    March 16th, 2009
    Posted at: 11:26 am

    thnx..........what would be the SL ????


  12. chandu Says:
    March 16th, 2009
    Posted at: 11:30 am

    hi cb market kya lagta hai


  13. CB Says:
    March 16th, 2009
    Posted at: 11:30 am

    Hi SK, around 40-41


  14. CB Says:
    March 16th, 2009
    Posted at: 11:31 am

    Hi chandu, we may close flat today..


  15. Raj Says:
    March 16th, 2009
    Posted at: 11:34 am

    Hi CB, Can i buy Punj now ?


  16. thiru Says:
    March 16th, 2009
    Posted at: 11:42 am

    Hi CB can i buy icici,sintex,dlf and tcs? for intraday

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