Quotes with Resistance & Support
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Intraday calls for 17-03-09

Posted on: March 17th, 2009 at 9:35 am

Markets likely to open flat.

Buy Reliance Industries for a target of 1350. Stoploss: 1315
Buy Ranbaxy Laboratories at 147-148, target: 153. Stoploss: 145.

If markets show weakness later during the day, short sell: State bank of India.

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165 Responses

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  1. Geetha Says:
    March 17th, 2009
    Posted at: 9:53 am

    How about wipro,larsen


  2. rani Says:
    March 17th, 2009
    Posted at: 9:53 am

    buy lic housing tgt 220-230


  3. Murali Says:
    March 17th, 2009
    Posted at: 9:53 am

    Hi CB Good Morning; What is put option and call option? We have both buy and sell in both the cases?


  4. CB Says:
    March 17th, 2009
    Posted at: 9:55 am

    Hi Geetha, Wipro can touch 235.. L&T can touch 675


  5. Ranga Says:
    March 17th, 2009
    Posted at: 9:57 am

    I have vijaya bank at 21.60, what you say to do now?


  6. CB Says:
    March 17th, 2009
    Posted at: 9:58 am

    Hi Murali, please refer: http://www.financialexpress.com/news/options-the-basics-of-call-and-put/194327/

    yes, we can buy sell in both cases


  7. CB Says:
    March 17th, 2009
    Posted at: 10:01 am

    Hi Ranga, hold it till afternoon.. should see some upmove..


  8. VijayD Says:
    March 17th, 2009
    Posted at: 10:03 am

    Good morning CB! bought rel ind at 1320 now its very close to stop loss trigger.


  9. CB Says:
    March 17th, 2009
    Posted at: 10:03 am

    Hi VijayD, hold it.. keep a sl at 1310.. markets may move higher..


  10. Ranga Says:
    March 17th, 2009
    Posted at: 10:03 am

    what abt the kotak bank, holding at 256


  11. CB Says:
    March 17th, 2009
    Posted at: 10:03 am

    I WILL BE BACK IN 20 MIN...


  12. Ranga Says:
    March 17th, 2009
    Posted at: 10:04 am

    reliance can touch 1345, sure


  13. VijayD Says:
    March 17th, 2009
    Posted at: 10:07 am

    ok thanks stop loss moved and now some relief as its moving up!


  14. Divyesh Says:
    March 17th, 2009
    Posted at: 10:19 am

    Hi Cb Good morning Any tip for the day


  15. Anand Says:
    March 17th, 2009
    Posted at: 10:20 am

    GM CB, What about ICICI? Will go up or down? Shall I buy Reliance Ind at CMP?


  16. CB Says:
    March 17th, 2009
    Posted at: 10:22 am

    Hi Ranga, hold it.. it can touch 265-270 in couple of days.

    Hi VijayD, ok.. hold it..

    Hi Divyesh, as of now no call..

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