Quotes with Resistance & Support
Market Information

Intraday calls for 23-03-10

Posted on: March 23rd, 2010 at 8:08 am

Markets likely to open slightly positive. Support for nifty is at 5170 and resistance at 5260.

Buy Excel Crop Care Ltd at 172.20, target: 178. Stoploss: 169.

If markets show weakness later during the day, sell: HDIL – (book profits at 278)

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503 Responses

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  1. Kartik Says:
    March 23rd, 2010
    Posted at: 4:18 pm

    Hi Imran Pathan, most welcome.


  2. king aijaz Says:
    March 23rd, 2010
    Posted at: 4:20 pm

    Dear sir,
    I have kil shares @Rs75/per share, what is the future & what should i do.


  3. subramanivs Says:
    March 23rd, 2010
    Posted at: 4:20 pm

    Thanks Kartik,

    I have 180 Rcom call April series @ Rs 4.40. How it is?


  4. Ravii Says:
    March 23rd, 2010
    Posted at: 4:25 pm

    Hello Kartik,
    What is nifty range on thursday (F&O expiry)??


  5. Ravii Says:
    March 23rd, 2010
    Posted at: 4:28 pm

    Hello Kartik,
    I have April 5000 PUT ,what is the tgt on thursday?


  6. Ravi Says:
    March 23rd, 2010
    Posted at: 4:55 pm

    Hi Kartik, I am having March 5200 put at 23rs. Today after making a high of 30 rs it suddenly fall down to 13 rs. Wat should I do as only 1 day is left


  7. jay Says:
    March 23rd, 2010
    Posted at: 4:58 pm

    Hi Kartik,

    Can I go for some MAGICUT TOOLS on present rate?

    Rgds


  8. dibyojyoti Says:
    March 23rd, 2010
    Posted at: 5:07 pm

    HOlding PTC, RENUKA & SATYAM....all closed very badly today. Stock specific views plz CB.


  9. sadiq Says:
    March 23rd, 2010
    Posted at: 6:05 pm

    hi cb,

    iam a newbie to options trading, plz bear with me.

    In equity trading, we have auction penalty if shorted stock is not squared-off,
    are there any other penalties , myself, as a newbie shud be aware of before trading in either call or put options ?


  10. svk Says:
    March 23rd, 2010
    Posted at: 7:00 pm

    i bought areva@304 wats the tomorrow target


  11. ramsingh Says:
    March 23rd, 2010
    Posted at: 7:06 pm

    Hai CB!
    What is ur opinion about Crest Animation.What is the price target.Pice to day increase.Please suggest.


  12. Kartik Says:
    March 23rd, 2010
    Posted at: 8:54 pm

    Hi suzane, it faces strong resistance around 225, a close above that could take it to 240

    Hi king aijaz, the stock was spitted, and you buy price should have been reduced, hold it for Mid term, it can do well

    Hi subramanivs, its likely to show some recovery, hold it with a SL at 5180 on Nifty(Cash)

    Hi Ravii, around 5230-60

    Hi Ravi, hold it with a tight SL at 5250 on Nifty (Cash)

    Hi dibyojyoti, PTC, RENUKA & SATYAM are strong bets for Short term, hold them for some weeks, they shall show some recovery

    Hi jay, Magicut Tools Ltd is a loss making company, dont enter it

    Hi sadiq, just make sure that you cover your puts/calls before expiry, if you want to rollover it for the next month, just sell in the current month and purchase the same contract for then next month

    Hi svk, it can see 312 on Thursday


  13. tuff money Says:
    March 23rd, 2010
    Posted at: 8:54 pm

    i have 640 ca for tatasteel, can it see profits on expiry? will the steel price hike occur prior to expiry?


  14. Kartik Says:
    March 23rd, 2010
    Posted at: 8:55 pm

    Hi ramsingh, its a good bet for Long term, but dont enter it at CMP, wait for a dip in it


  15. Kartik Says:
    March 23rd, 2010
    Posted at: 8:57 pm

    Hi tuff money, the steel price hike is likely to take place on 1st April, try rollover it for the next month, markets might see some recovery


  16. option Says:
    March 23rd, 2010
    Posted at: 9:25 pm

    any option to trade?

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