Intraday calls for 16-03-09

Quotes with Resistance & Support

Market Information

Intraday calls for 16-03-09

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

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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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kirit Says:
March 16th, 2009
Posted at: 11:46 am
I am having bank nifty march purchased at 3750/-. Can I hold it for a week to get gain in this future?
CB Says:
March 16th, 2009
Posted at: 11:48 am
Hi Raj, yes..
Hi thiru, ICICI bank can be bought on dips.. DLF has resistance at 158-160 levels.. not sure about Sintex..
Hi kirit, yes.. as of now its a hold.. Banks are likely to do well.. Nifty will turn weak once it breaks 2650
Shalu Says:
March 16th, 2009
Posted at: 11:53 am
Hi CB, do you think unitech is a good buy at current price.....for long term
CB Says:
March 16th, 2009
Posted at: 11:56 am
Hi Shalu, yes.. it could double from current levels.. keep a stoploss of 21-23..
SK Says:
March 16th, 2009
Posted at: 12:02 pm
How U see pharma sector for short term, holding glenmark @ 137/-, cipla 199/-, sun pharma advance 51/-
Zen Says:
March 16th, 2009
Posted at: 12:03 pm
any calls
Zen Says:
March 16th, 2009
Posted at: 12:07 pm
CB any calls
CB Says:
March 16th, 2009
Posted at: 12:16 pm
Hi SK, Pharma is not showing any moves.. Cipla is a buy only above 210..
Hi Zen, Punj lloyd looks good.. it can touch 77
hilay Says:
March 16th, 2009
Posted at: 12:16 pm
Hi CB, will Zee touch 97 by the end of the day??? or change the target...
CB Says:
March 16th, 2009
Posted at: 12:17 pm
Hi hilay, yes, it is expected to.. hold it as of now..
hilay Says:
March 16th, 2009
Posted at: 12:17 pm
should I book profit at 95 or 96...
CB Says:
March 16th, 2009
Posted at: 12:18 pm
Hi hilay, no.. hold it.
Raj Says:
March 16th, 2009
Posted at: 12:20 pm
Hi Cb, can we see an up move in market or any strong resistance ?
Srinivas Says:
March 16th, 2009
Posted at: 12:23 pm
hi CB, what do u think of JPAssociates.. have about 200 bought earlier at 74.. In these tough times, should I break even and exit?
CB Says:
March 16th, 2009
Posted at: 12:25 pm
Hi Raj, Resistance is at 2740..Above this we can touch 2800
Hi Srinivas, as of now hold it. if Nifty manages to corss 2740, we could see a rally upto 2800 levels..
Srinivas Says:
March 16th, 2009
Posted at: 12:27 pm
ok, thanks CB