Intraday calls for 21-03-12
Markets likely to see a flattish opening. Support for nifty is at 5230 and resistance at 5300.
Buy Bata India at 725, target: 738. Stoploss: 714
10.46am – Buy 5300 ce at 71.50-72, target: 85. Stoploss: 5250 (spot) – (Book profit in 5300 ce at 97)
1.13pm – Buy BF Utilities at 392.50, target: 402. Stoploss: 387 – (Book profit in BF Utilities at 401-402)
1.47pm – Buy Tata global at 115.50, target: 119. Stoploss: 113 Trade in small quantity – (Continue to hold Tata global as BTST)
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PhoeNix Bird Says:
March 21st, 2012
Posted at: 8:29 am
Good morning cb.... wots u r thought on ITC .... ??
dak Says:
March 21st, 2012
Posted at: 8:30 am
Good Morning CB, Kartik.
Your take on reliance & hdfc for today ?
Holding reliance futures long at 782, and hdfc 480 put at 1.8. Both in loss - what should I do?
CB Says:
March 21st, 2012
Posted at: 8:33 am
Hi PhoeNix Bird, Good morning. its looking good. can test 235 in coming days
Hi dak, Good morning. reliance can add 12-15rs. hdfc below 500 can see 490. hold these for now
dak Says:
March 21st, 2012
Posted at: 8:34 am
Thanks CB. So you mean I should exit reliance future when it comes cost-to-cost ?
Also holding bank nifty 10800 call at 38 - whats the outlook for today ?