Quotes with Resistance & Support
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Intraday calls for 18-03-11

Posted on: March 18th, 2011 at 8:32 am

Markets likely to open higher, Support for nifty is at 5380 and resistance higher at 5550

Buy Sail around 159, Target: 165, SL 155

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529 Responses

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  1. Kartik Says:
    March 20th, 2011
    Posted at: 12:47 am

    Hi Mohit, if nifty does breaks 5370 one can enter a put. for call keep sl at 5370 (closing basis). as of now there has been some positive news flow. seems may open a bit higher on Monday

    Hi Sanjoy, most welcome.. Good night.


  2. Shereef Says:
    March 20th, 2011
    Posted at: 8:54 am

    Hi CB,

    Speculation:
    1. NIFTY may open gapdown around 5290-5300.
    2. Buy index moving scrips around -4% and Sell around -2%.
    3. Chance to book 5300 Puts.

    Reason:
    The Libya and Middle East issues may impact global markets to open negative.
    Crude prices may bounce up.

    Any comments ?


  3. sdkbest Says:
    March 20th, 2011
    Posted at: 9:25 am

    Hi CB/Kartik,

    give your view on Ester Industries,
    Is this fundamentally good bet? Thanks.


  4. RAMSINGH Says:
    March 20th, 2011
    Posted at: 9:29 am

    Hi cb!Suggest ur view about shree ashtavinayak cine


  5. Kartik Says:
    March 20th, 2011
    Posted at: 9:59 am

    Hi Shereef, as of now it seems we might see a bounce

    Hi sdkbest, looks expensive at CMP, wait for a dip in it

    Hi RAMSINGH, its a operator driven stock, avoid it


  6. thavva Says:
    March 20th, 2011
    Posted at: 10:31 am

    Hi Kartik, Good morning. Can you tell me SL for nifty put and call to exit on monday?


  7. gayaram Says:
    March 20th, 2011
    Posted at: 11:02 am

    Hi ARIJIT, Goodmorning. you got out of 5600 ce? Thavaa's decision was correct. (He quits with min. loss).


  8. gayaram Says:
    March 20th, 2011
    Posted at: 11:04 am

    Hi [email protected], Goodmorning. Your yesterdays call (esp. put) was quite ok. But i missed it and traded in tatacoffee. exited with min. profit. thanks.


  9. gayaram Says:
    March 20th, 2011
    Posted at: 11:14 am

    CB/Karthi Goodmorning. How was your holi celebrations. When Sail reaches its target (165) on Monday shall i quit from my longs or it is a hold? Shall i quit from ibr on any rise? Thanks and happy weekend.


  10. Jagdish Says:
    March 20th, 2011
    Posted at: 11:58 am

    Hi Kartik/CB, "Wish You A Happy Holi"


  11. CB Says:
    March 20th, 2011
    Posted at: 1:03 pm

    Hi thavva, for call keep sl at 5365. for put sl near 5400

    Hi gayaram, Good morning. Happy Hoil. yes, book near 165 for now

    Hi Jagdish, Wish you the same.. Happy Holi.


  12. sanzy Says:
    March 20th, 2011
    Posted at: 1:12 pm

    will thr be bounce in Reliance tomorrow...seems Nifty will open a bit higher...


  13. CB Says:
    March 20th, 2011
    Posted at: 1:15 pm

    Hi sanzy, seems may open a bit higher. for now keep sl near 5370 and hold.


  14. dinesh Says:
    March 20th, 2011
    Posted at: 1:22 pm

    HI CB, HAPPY HOLI. HOW GLOBAL NEWS WILL EFFECT TOMORROW NIFTY. HOLDING IBREALEST FUT @110. CLOSED @108.


  15. gayaram Says:
    March 20th, 2011
    Posted at: 1:42 pm

    cb, shall i short tata coffee on a rise tomorrow? whichone is good for intraday on tomorrow : jp, ongc, coal india or acropetal. Thanks.


  16. ARIJIT Says:
    March 20th, 2011
    Posted at: 2:03 pm

    Hi gayaram,
    NO YAAR I AM STILL HOLDING :((

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