Quotes with Resistance & Support
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Intraday calls for 23-03-11

Posted on: March 23rd, 2011 at 8:23 am

Markets likely to open flat, resistance for Nifty at 5450, support at 5350

Sell Sintex around 139, Target: 134, SL 142.50 – (SL triggered)

9:28am: Buy ICICI Bank at 1012, Target: 1030-35, SL 988 (book profits)

3.01pm – btst – buy Kotak bank at 432, target: 441. Stoploss: 426

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581 Responses

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  1. thavva Says:
    March 23rd, 2011
    Posted at: 10:26 am

    Hi SAI, Short on Sintex?


  2. gayaram Says:
    March 23rd, 2011
    Posted at: 10:27 am

    Hi thavva, GM.


  3. Gitanjali Says:
    March 23rd, 2011
    Posted at: 10:27 am

    HI Sunil rao, KB, Geethika, Yogi, can any one of you kindly help me out .. Has to do with bata .. is 360.. it's support now .. pl? Have short at 342..in futures .. now is the good time to exit and go long if at all, one is required to trade in the same counter.. ? wd like to switch to rpower .. instead.. thanks a lot .


  4. SAI Says:
    March 23rd, 2011
    Posted at: 10:28 am

    hi thavva no not yet entered did u?


  5. thavva Says:
    March 23rd, 2011
    Posted at: 10:29 am

    Hi SAI, Me too not yet entered.

    Hi gayaram, GM


  6. KAVITA Says:
    March 23rd, 2011
    Posted at: 10:29 am

    HI SAi,
    Can i short nifty @5490.ur advice


  7. SDG Says:
    March 23rd, 2011
    Posted at: 10:37 am

    GM All,

    Sai / Kartik ..

    I have 5600 CE @ 30 .. shall I exit with loss or wait till exipry.. yestarday it reached 14 so worryinh :-(

    pls guide..


  8. CB Says:
    March 23rd, 2011
    Posted at: 10:38 am

    Hi KAVITA, yes, higher near 5500 one can. for now lets wait

    Hi Gitanjali, yes, if it does manage to close above 361, we will need to exit and go long in it for 1-2 days to recover the loss.

    just came online.


  9. CB Says:
    March 23rd, 2011
    Posted at: 10:38 am

    Hi SDG, continue to hold onto it. seems can add some more from here.


  10. Gitanjali Says:
    March 23rd, 2011
    Posted at: 10:39 am

    HI Kartik, cb, What is best to do now .. it is a lot of loss.. and is building up .. please let me know what must I do.. ?


  11. faisal Says:
    March 23rd, 2011
    Posted at: 10:39 am

    Hi, bought IFCI @ 72, should I hold or exit?


  12. CB Says:
    March 23rd, 2011
    Posted at: 10:40 am

    Hi Gitanjali, Yes. for now go long in it. cover up on a 5-6rs rise. will help reduce your buy price.


  13. CB Says:
    March 23rd, 2011
    Posted at: 10:40 am

    Hi faisal, yes, its a hold for short/ med term. will recover back.


  14. shrikanth Says:
    March 23rd, 2011
    Posted at: 10:40 am

    HI CB, shall I short Sintex now?


  15. thavva Says:
    March 23rd, 2011
    Posted at: 10:40 am

    Hi CB, One can short sintex here?


  16. Siraj Says:
    March 23rd, 2011
    Posted at: 10:40 am

    Hi CB where is resistance.. for nifty

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