Intraday calls for 16-03-12
Markets likely to open flat. Support for nifty is at 5350.
Buy Pipavav Defence (NSE: PIPAVAVDOC) at 80.80, target: 83.20. Stoploss: 78 – (Book profit in Pipavav at 83)
1.14pm – Buy Bharat Forge at 334.90, target: 345. Stoploss: 328. (1-2 day hold) – (SL triggered in Bharat forge)
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SS Says:
March 16th, 2012
Posted at: 1:25 pm
Hi Kb Trader,
Any News on Cairn ? It's sinking
CB Says:
March 16th, 2012
Posted at: 1:26 pm
Hi SS, no, dont see any news yet.
vinod Says:
March 16th, 2012
Posted at: 1:26 pm
CB what shal i do with GVK bought for intraday @ 19
Kb Trader Says:
March 16th, 2012
Posted at: 1:27 pm
Hi SAI, ha ha .. :)
RAVS Says:
March 16th, 2012
Posted at: 1:27 pm
Hi CB, Holding 5500 put at 140. Should I exit or hold
CB Says:
March 16th, 2012
Posted at: 1:28 pm
Hi vinod, possible to hold for 1-2 days? if intraday,try and exit on bounce near 18.60
CB Says:
March 16th, 2012
Posted at: 1:28 pm
Hi RAVS, yes, hold with sl at 5450
RohitC Says:
March 16th, 2012
Posted at: 1:28 pm
* FICCI says that objective of putting economy on growth track not met in the Budget.
* Maruti to hike prices immediately:
Reacting after hike in excise duty on cars in the Union Budget, India's leading car manufactures Maruti says that it will increase car prices immediately.
RAVS Says:
March 16th, 2012
Posted at: 1:30 pm
Thanks CB, But is the budget good for market or bad
Kb Trader Says:
March 16th, 2012
Posted at: 1:31 pm
Hi Shivaprashanth, will take time to move..
sudhir Says:
March 16th, 2012
Posted at: 1:31 pm
Hi CB,
I have IDFC puts so can i hold it or exit ?
CB Says:
March 16th, 2012
Posted at: 1:31 pm
Hi RohitC, thanks for the update
Hi RAVS, seems to be good.
CB Says:
March 16th, 2012
Posted at: 1:32 pm
Hi sudhir, its a hold strong resistance at 150-*152
vinod Says:
March 16th, 2012
Posted at: 1:32 pm
ok CB thank you
RAVS Says:
March 16th, 2012
Posted at: 1:33 pm
So should I exit 5500 put CB
CB Says:
March 16th, 2012
Posted at: 1:35 pm
Hi vinod, most welcome
Hi RAVS, not yet. nifty is facing some resistance near 5420-5440