Quotes with Resistance & Support
Market Information

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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Comment pages: 34567891011Show all

  1. Anand Says:
    March 17th, 2009
    Posted at: 11:17 am

    Hi CB, Whats the target for Reliance?


  2. CB Says:
    March 17th, 2009
    Posted at: 11:18 am

    Hi Rajesh, thanks for sharing..

    Hi Anand, 1345-1350


  3. rk Says:
    March 17th, 2009
    Posted at: 11:21 am

    hi cb, icsa is moving up suddenly , shall i average now for long term

    in Intra day. i hold ril 1321 , is it ok ? .


  4. rk Says:
    March 17th, 2009
    Posted at: 11:23 am

    also shall i hold Jp associates bought @ 73 , or book profit


  5. SK Says:
    March 17th, 2009
    Posted at: 11:26 am

    how is chambal for intraday @ CMP.


  6. CB Says:
    March 17th, 2009
    Posted at: 11:26 am

    Hi rk, Don’t avg yet. Markets have moved up a lot and could see some profit booking/shorting at higher levels.. as of now its a hold.. Hold Reliance ind. book profits above 1340

    JP Asso has resistance at 78.. once it crosses it, it can touch 82-83


  7. CB Says:
    March 17th, 2009
    Posted at: 11:27 am

    Hi SK, wait for some more time.. dont buy yet..


  8. hilay Says:
    March 17th, 2009
    Posted at: 11:30 am

    Hi CB, any suggestion on precision continuers???


  9. CB Says:
    March 17th, 2009
    Posted at: 11:32 am

    Hi hilay, it looks weak.. dont buy yet..


  10. Amolo Says:
    March 17th, 2009
    Posted at: 11:34 am

    Hi CB,
    Can I buy 2700 Puts ???
    What's your Call
    Amolo


  11. CB Says:
    March 17th, 2009
    Posted at: 11:35 am

    Hi Amolo, dont buy them immediately.. Global markets look good also Dow futures in green.. buy it around 2800-2810 with a stoploss of 2850


  12. Srinivas Says:
    March 17th, 2009
    Posted at: 11:40 am

    hi CB, what's ur take on SAIL? have some bought earlier at 79.. cmp ~85.. shall I book profit?


  13. CB Says:
    March 17th, 2009
    Posted at: 11:43 am

    Hi Srinivas, Technically it looks good.. book profits around 87 levels..


  14. Prakash Says:
    March 17th, 2009
    Posted at: 11:45 am

    Can i buy Sterlite at CMP with a target of rs 2


  15. Prakash Says:
    March 17th, 2009
    Posted at: 11:46 am

    Zee taken at 103.75 what could be the target


  16. CB Says:
    March 17th, 2009
    Posted at: 11:47 am

    Hi Prakash, its already up 4% at 305.. dont buy now..

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