Intraday calls for 20-03-12

Quotes with Resistance & Support

Market Information

Intraday calls for 20-03-12

Posted on: March 20th, 2012 at 8:26 am

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Markets likely to open flat. Support for nifty is at 5180-5200

Buy Jindal Steel & Power at 573-578, target: 592. Stoploss: 562

9.25am – Buy Axis bank at 1207, target: 1223. Stoploss: 1190 – (continue to hold axis bank, near strong support levels)

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399 Responses

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Sanjay Says:
March 20th, 2012
Posted at: 1:26 pm
Hi CB,
taken reliance [email protected] for intraday target of @92.Hold or sold
Regards
Sanjay
Sourabh Says:
March 20th, 2012
Posted at: 1:28 pm
Thanks Micky...
AT Says:
March 20th, 2012
Posted at: 1:28 pm
CB,
Holding 5500 CE @ 75.........WAT TO DO???
CB Says:
March 20th, 2012
Posted at: 1:29 pm
Hi Sourabh, no, not yet
Hi micky-intrday, looks a bit weak
Hi Pradeep, it is seeing profit booking. if possible enter a 550 pe for now to hedge. in short term its likely to bounce back
Hi Sourabh, can test 716
Hi Sanjay, hold for now.
CB Says:
March 20th, 2012
Posted at: 1:29 pm
Hi AT, its a hold with sl near 5220
Raj Says:
March 20th, 2012
Posted at: 1:31 pm
Hi CB,
whats your view on SBI now? it touched pivot point(above 2180) and now its 2159..
Shivaprashanth Says:
March 20th, 2012
Posted at: 1:31 pm
holding tata steel 440 PE(bought at 15), Nifty 5300 CE(bought at 63),reliance pe760(bought at 13).. what should i do
AT Says:
March 20th, 2012
Posted at: 1:32 pm
Thanks CB..........any chances of bounce back???......almost 90% in losss:(
CB Says:
March 20th, 2012
Posted at: 1:32 pm
Hi Raj, it does have strong support at 2130 levels. if holds onto it can see 2200 again
H3M4NG Says:
March 20th, 2012
Posted at: 1:32 pm
Bought Jindal Steel @ 585 What should I do?
CB Says:
March 20th, 2012
Posted at: 1:33 pm
Hi Shivaprashanth, these are a hold for now. for ce's keep sl at 5200
Hi AT, its likely it sees some bounce from 5200 levels.
TradingSentiments Says:
March 20th, 2012
Posted at: 1:33 pm
Hi CB,
Any Idea on Unitech and Lanco Infro if they can cross 32 and 21 respectively by this expiry... Or should i book loss...
Shivaprashanth Says:
March 20th, 2012
Posted at: 1:34 pm
Thanks CB
H3M4NG Says:
March 20th, 2012
Posted at: 1:34 pm
CB, Bought Jindal Steel @ 585 What should I do. Please reply.
sameer Says:
March 20th, 2012
Posted at: 1:34 pm
sir stuck in axis bank should i seel or can wait
micky-intrday Says:
March 20th, 2012
Posted at: 1:35 pm
Buy sun pahrma @ 568 target 574