Intraday calls for 23-03-12
Markets likely to open flat. Nifty has strong support at 5150-5180.
Sell Reliance communications at 88-89, target: 85. Stoploss: 92 – (Exit Rcom short if it crosses 90)
For a technical view on Nifty, Bharti Airtel, Bata India & ITC, click here:
Won’t be able to respond to queries as I am currently traveling. Will be back by afternoon
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[email protected] Says:
March 23rd, 2012
Posted at: 4:39 pm
Hi CB,
Your sell call on silver still on or target achieved???
ham Says:
March 23rd, 2012
Posted at: 4:41 pm
Hi SS, Thanks for the updates SS... Actually am not sure abt next week target but am holding april puts and calls in 2:1 ratio(2 puts for every 1 call). I hold them till nifty breaches 5150 or 5100... Then at that point i shift into calls. The global markets too didn't fell as much as our Indian SCAM market.... So am expecting nifty to bounce from these levels once it test 5150(more likely) or 5050(major support level, very very tough to break this level). Lets see.... All the best SS.....!!!
ham Says:
March 23rd, 2012
Posted at: 4:46 pm
Good evening CB !!!
hitesh Says:
March 23rd, 2012
Posted at: 4:52 pm
cb wht abt shrt term of 6 month time frame
Gitanjali Says:
March 23rd, 2012
Posted at: 5:13 pm
HI CB, Thanks for your reply .
HAPPY GUDIPDUA...UGADI ..CHETICHAND..TO ALL
CB Says:
March 23rd, 2012
Posted at: 5:49 pm
Hi [email protected], dont enter it now. its achieved
Hi ham, Good evening.
Hi hitesh, above 149 can head upto 160-165
Hi Gitanjali, hey.. Wish you the same.. Happy Gudipadwa..
RAVS Says:
March 23rd, 2012
Posted at: 5:52 pm
Hi CB, How will our market open on Monday. seeing the European market in red after opening in green
RAVS Says:
March 23rd, 2012
Posted at: 5:57 pm
HI CB, I am bit worried as I m holding 5300 call at 74 in huge quantity.
tuff money Says:
March 23rd, 2012
Posted at: 6:26 pm
Hi cb,
I am a bit confused about nifty. i understand that thursdays bar defines the range break out as todays is an inside bar, but open interest data of options shows a lot of call and put writting.. how would you interpret 5200 and 5300 ca and pe... range bound between 5200 and 5300 expected next week ?
CB Says:
March 23rd, 2012
Posted at: 6:29 pm
Hi RAVS, as of now seems like a flattish opening. lets see how US markets close
Hi tuff money, yes. may remain range bounce. with all the news flow, its not possible to entirely depend on technical analysis as of now
CA.Tejas Says:
March 23rd, 2012
Posted at: 6:42 pm
Whether Can I buy Godrej Consumer Products / Vivimed Labs at cmp??
If yes give me the tgt n sl in both??
ham Says:
March 23rd, 2012
Posted at: 6:50 pm
Hedging minimize the losses and maximize the profits... People who are long in markets must and should hedge their funds (or) buying partially on each and every dip makes sense in these markets now-a-days !!!
Greediness is the worst and dangerous disease in SHARE MARKETS...
ALL THE BEST TO ALL !!!
Rathnagiriswaran Says:
March 23rd, 2012
Posted at: 6:56 pm
Hi CB, unfortunately entered in Varun inds @ 167 level, to average what is the level, pls advice
DJ Says:
March 23rd, 2012
Posted at: 7:41 pm
Hi Buddy
wats wrong with IDFC?Can i go short on it on monday?
kumar Says:
March 23rd, 2012
Posted at: 8:06 pm
Hi CB
Good Evening,
Could you please tell me what are the indicators should i use to find out support and resistance level of intraday movement on 5 mins chart ? please advise
Kartik Says:
March 23rd, 2012
Posted at: 8:30 pm
Hi CA.Tejas, Godrej Consumer Product can be entered around 468, with a tight SL at 462 for a target of 480 in 2-3 days
Hi DJ, faces strong support at 135, wait for it to break 133
Hi rahul, :), its more like a hobby
Hi Rathnagiriswaran, no, avoid adding more, if possible try to exit from it
Hi kumar, you may track its intraday (support and resistance's) for the previous day