Quotes with Resistance & Support
Market Information

Intraday calls for 22-03-11

Posted on: March 22nd, 2011 at 8:30 am

Markets likely to open higher, Resistance at 5450, Support at 5345

Sell Reliance Power around 120-122, Target: 115, SL 124

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407 Responses

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  1. Akash Says:
    March 22nd, 2011
    Posted at: 4:15 pm

    Hi CB, Acropetal will see 160+ or not in few days? is it good company? Can I hold and also avrg? Or buy FAME for 150+ target. Also, how is Escorts for target 250+ in a month or so?


  2. Kranti Says:
    March 22nd, 2011
    Posted at: 4:15 pm

    Hi CB, i have Reliance 1000 call @ 25. Shall i hold or book loss? If hold what would the selling price? Please suggest.


  3. DHIVA Says:
    March 22nd, 2011
    Posted at: 4:16 pm

    hi cb,
    ur view on nifty?pls suggest


  4. CB Says:
    March 22nd, 2011
    Posted at: 5:03 pm

    Hi Akash, yes, fundamentally its a good bet. hold it. dont enter others yet

    Hi Kranti, continue to hold it for now. can test 1010. keep sl near 988

    Hi DHIVA, as of now seems like a flattish opening. will do well if manages to cross 5440. if does not manage to cross it for a day or 2, can see 5370


  5. Kb Says:
    March 22nd, 2011
    Posted at: 5:06 pm

    http://ibnlive.in.com/news/kalam-advisors-death-sparks-false-rumours/146777-3.html


  6. Kb Says:
    March 22nd, 2011
    Posted at: 5:09 pm

    UK inflation rate rises to 4.4% http://chilp.it/a7548f

    UK borrowing hits February record http://chilp.it/de2bf0


  7. setul Says:
    March 22nd, 2011
    Posted at: 5:10 pm

    having chambal call of 75 @1.75,sesa goa call of 280 @ 1,nifty call 5500,nifty put 5200
    what should i do. if hold then what should be the exit pirce. should i average any of them


  8. Rise Says:
    March 22nd, 2011
    Posted at: 5:24 pm

    sir m holding mphasis at 429....how much time it wil take to recover ?


  9. Akash Says:
    March 22nd, 2011
    Posted at: 5:42 pm

    Hi CB, If it is good fundamental stock, then should I avrg so that I can exit earlier or can make big profit once it is above 150. Will it see 165-175 in few days or we need to wait. Pls advise.


  10. CB Says:
    March 22nd, 2011
    Posted at: 6:24 pm

    Hi Kb, thanks for the updates.

    Hi setul, don't avg any yet. for now hold these with sl at 5380

    Hi Rise, may take a while to recover. technically has turned weak after recent sell off. fundamentally its a good bet. one can add few more on dips once it settles.

    Hi Akash, yes, its a good bet. but dont avg it yet. has rallied quite a bit.


  11. Gitanjali Says:
    March 22nd, 2011
    Posted at: 6:25 pm

    hi Kartik, please have a look at BATA..Thanks.


  12. karthickPrabhu Says:
    March 22nd, 2011
    Posted at: 6:26 pm

    Whats happening with icici bank , this stock is near 1005 now, i bought few at 1000 can i add more now or downside expecteD?


  13. CB Says:
    March 22nd, 2011
    Posted at: 6:40 pm

    Hi Gitanjali, its a hold. has strong resistance near 350-360.if does manage to cross this level, then we will need to exit short and go long to recover some losses. hold it for now. as of now is still moving in the same 340-355 zone

    Hi karthickPrabhu, it has been facing strong resistance near 1030 levels. for now would advice to exit on rise. one can enter again once it crosses 1030


  14. wajeed Says:
    March 22nd, 2011
    Posted at: 6:40 pm

    Hi Cb i enter in amtek auto today at the price of 140.00 wht you think for tommorrow target thanks ina advance.


  15. Akash Says:
    March 22nd, 2011
    Posted at: 6:47 pm

    Hi CB, But now it is down. Shud I not avrg?


  16. CB Says:
    March 22nd, 2011
    Posted at: 6:49 pm

    Hi wajeed, it has strong resistance at 145-148. don't make a fresh entry in it yet. wait for some dip

    Hi Akash, no, dont avg yet. lets wait.

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