Quotes with Resistance & Support
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Intraday calls for 19-03-12

Posted on: March 19th, 2012 at 8:20 am

Markets likely to open flat. Resistance for nifty is at 5360.

Buy ITC at 216, target: 221. Stoploss: 212 – (book profit at 221)

If markets show weakness later during the day, sell: HDFC Bank –

12.26 pm – Can go ahead with hdfc bank short, target: 488. Stoploss: 506 – (exit cost to cost)

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427 Responses

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Comment pages: 2345678910Show all

  1. vipul07 Says:
    March 19th, 2012
    Posted at: 9:15 am

    itc will have gap up opening.so should we wait to enter


  2. CB Says:
    March 19th, 2012
    Posted at: 9:16 am

    Hi vipul07, its near 216 now.


  3. Kb Says:
    March 19th, 2012
    Posted at: 9:16 am

    Hi CB, Gm CBBB


  4. gkpstar Says:
    March 19th, 2012
    Posted at: 9:16 am

    itc at 215.95 can we neter now, but is low now ..going down


  5. CB Says:
    March 19th, 2012
    Posted at: 9:17 am

    Hi Kb, Good morning

    Hi gkpstar, yes.


  6. Akash Says:
    March 19th, 2012
    Posted at: 9:18 am

    Hi CB, Ok. But can I buy 4500 PE? CMP is 1 Rs. and target 15-16


  7. CB Says:
    March 19th, 2012
    Posted at: 9:18 am

    Hi Akash, no


  8. gkpstar Says:
    March 19th, 2012
    Posted at: 9:18 am

    ok cb entered now :) thanks , will wait to see 220


  9. CB Says:
    March 19th, 2012
    Posted at: 9:19 am

    Hi gkpstar, ok


  10. Ram M Says:
    March 19th, 2012
    Posted at: 9:22 am

    CB sir...I had bought Bata India on Fri @705. What will be its this month TGT sir.. Also provide SL...


  11. CB Says:
    March 19th, 2012
    Posted at: 9:25 am

    Hi Ram M, it has some resistance near 720. once manages to cross it, can see 755.


  12. Sourabh Says:
    March 19th, 2012
    Posted at: 9:25 am

    Gud Mrng CB Sir...
    Bought Bought IRB@195 and [email protected] advise for intrday


  13. kumar Says:
    March 19th, 2012
    Posted at: 9:25 am

    cb, 200 ema is 3280. which will act as a mojor support i guess, right ? if so, what will be the upside target or if break & downside target ?


  14. CB Says:
    March 19th, 2012
    Posted at: 9:26 am

    Hi Sourabh, Good morning. these are a hold for now. keep common sl at 5280 on nifty and hold for now

    Hi kumar, yes. below this can test 5200


  15. ganesh Says:
    March 19th, 2012
    Posted at: 9:26 am

    hi CB,
    holding Pantaloon short @159..please suggest your view


  16. kumar Says:
    March 19th, 2012
    Posted at: 9:27 am

    thanks... So, Shall i close my ce's In any rise & buy PE if cross below 5280 ?

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