Quotes with Resistance & Support
Market Information

Intraday calls for 23-03-12

Posted on: March 23rd, 2012 at 7:57 am

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:

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390 Responses

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  1. Sohan Says:
    March 23rd, 2012
    Posted at: 8:30 pm

    Hello CB,

    Good evening to you and all on forum.

    Happy New year - Hindu Calender style....

    Sohan


  2. karan Says:
    March 23rd, 2012
    Posted at: 9:07 pm

    hey cb
    i hv bought pe of strike price 85 at 1.5
    shall i hold it till expiry?


  3. Sohan Says:
    March 23rd, 2012
    Posted at: 9:39 pm

    Hello Kartik,

    Happy new year to u too.

    Sohan


  4. Kartik Says:
    March 23rd, 2012
    Posted at: 9:52 pm

    Hi Sohan, GE, same to you :)

    Hi karan, script?


  5. karan Says:
    March 23rd, 2012
    Posted at: 10:09 pm

    oh
    rcom


  6. Kartik Says:
    March 23rd, 2012
    Posted at: 10:10 pm

    Hi karan, continue to hold it for 2-3 days, it looks weak overall, keep a SL at 83 (cash)


  7. karan Says:
    March 23rd, 2012
    Posted at: 10:17 pm

    sl 83 or 93?


  8. DJ Says:
    March 23rd, 2012
    Posted at: 10:30 pm

    Hey kartik
    gimme a break man...i want to go long on IDFC bro.whats d upside it can c on monday?


  9. daya79 Says:
    March 23rd, 2012
    Posted at: 10:44 pm

    hi karthik
    i am holding bhel at 270 at what price i should exit from it
    please advise me


  10. rahul Says:
    March 23rd, 2012
    Posted at: 10:45 pm

    hi kartik what is the reson behind raj tv up from 40 level to 140 level


  11. hitesh Says:
    March 23rd, 2012
    Posted at: 11:40 pm

    hi kartik i am looking to build up my portfolio and i planned to add mid cap stock like crompton greaves and dhanlaxmi bank for 1 year time frame plz suggest will it be r8 choice


  12. CB Says:
    March 24th, 2012
    Posted at: 12:16 am

    Hi karan, sorry! its 92-93.. does look weak below 91

    Hi DJ, It looks a bit weak below 142. don't enter it yet

    Hi daya79, it has some resistance at 271. above this can head upto 280

    Hi rahul, no, not really sure whats the news on it

    Hi hitesh, yes. these are fundamentally strong bets. can also look to add south indian bank, Ashok leyland.

    Hi SAGAR |sagarblog.com |, cannot really be sure yet.. markets did see quite a bit of selling pressure on Thursday. need to wait for a couple of days to be sure that selling pressure may not resume in coming days.


  13. CB Says:
    March 24th, 2012
    Posted at: 12:58 am

    Hi SAGAR |sagarblog.com |, :) yes.. sounds good..


  14. Shiv Says:
    March 24th, 2012
    Posted at: 8:29 am

    CB Holding godrej consumer @ 460 can it see 500+ in a month???
    also holding shoppers stop currently in loss but can hold for 3-6 month can it cross 500 its giving wild moves from last week


  15. SAI Says:
    March 24th, 2012
    Posted at: 10:14 am

    HI CB / KARTIK GOOD MORNING

    HI KB GOOD MORNING


  16. Kumar Says:
    March 24th, 2012
    Posted at: 11:01 am

    Hi CB/Kartik, How HDIL & JP look in Chart, Can it add another Rs. 5/6 from CMP?

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