Intraday calls for 16-03-12

Quotes with Resistance & Support

Market Information

Intraday calls for 16-03-12

Posted on: March 16th, 2012 at 8:24 am

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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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475 Responses

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fzwd Says:
March 16th, 2012
Posted at: 9:02 am
hi CB
had gotten out of TITAN day before at 247, with a 3 rupee loss . . .
thot i was wise . . .
yesterday i thot i was wiser when the market tanked . . .
but i entered again at 239, and now its closed at 232 . . .
whats your take on TITAN today ?
will it recover losses ??
:) f
Kb Trader Says:
March 16th, 2012
Posted at: 9:03 am
Hi CB, :)
CB Says:
March 16th, 2012
Posted at: 9:03 am
Hi fzwd, ok.. it does have support at 225-230. possble see some bounce form here. hold for now.
akila Says:
March 16th, 2012
Posted at: 9:04 am
Good morning CB
Give me some hope for rail stocks to bounce a bit today.....having kernex at 87, left the profit at 95 and all the levels down below 95, 92, 90, 87, 85, 82 and now at 80..............
vinod Says:
March 16th, 2012
Posted at: 9:06 am
ok CB thank you.
CB Says:
March 16th, 2012
Posted at: 9:06 am
Hi akila, Good morning. cannot really be sure yet.. lets see. some value buying could come in if markets improve.
CB Says:
March 16th, 2012
Posted at: 9:06 am
Hi vinod, most welcome.
fzwd Says:
March 16th, 2012
Posted at: 9:06 am
:) thanks CB, KB Trader
GM !!
MURUGAN Says:
March 16th, 2012
Posted at: 9:07 am
GOOD MORNING CB PL. TELL ME THE TARGET FOR ARVIND LTD, TATACOMM
akila Says:
March 16th, 2012
Posted at: 9:07 am
hmmmmm.............tnku! hoping for the best...........
CB Says:
March 16th, 2012
Posted at: 9:08 am
Hi fzwd, most welcome
Hi MURUGAN, arvind can test 87. tata comm may remain a bit flat today
Hi akila, yes. lets hope for the best.
Kb Trader Says:
March 16th, 2012
Posted at: 9:10 am
Hi fzwd, GM
sona Says:
March 16th, 2012
Posted at: 9:10 am
sir i m holding nifty pe .. what to do ? hold or sell in loss ?
CB Says:
March 16th, 2012
Posted at: 9:12 am
Hi sona, hold it for now. keep sl near 5410
Hi Akash, its a hold for now. above 125 can see 135.
Kb Trader Says:
March 16th, 2012
Posted at: 9:13 am
"Cowards die many times before their deaths,
The valiant never taste of death but once."
“Do not come up, I will handle them”, were the last words which Major Unnikrishnan told his men as he was hit by bullets while engaging well armed Porkistani terrorists inside the Hotel Taj Mumbai in Operation Black Tornado.
CB Says:
March 16th, 2012
Posted at: 9:13 am
Hi Akash, enter above 125. ce is a hold with sl at 5350