Quotes with Resistance & Support
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Intraday calls for 27-03-09

Posted on: March 27th, 2009 at 9:23 am

Buy Cipla above 211 for a target of 217. Stoploss: 209 (Double top at 210)

Buy GVK Power for a target of 24. Stoploss: 22.

If markets show weakness later during the day, short sell: Reliance infra.

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194 Responses

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  1. Hari Says:
    March 27th, 2009
    Posted at: 9:54 am

    hi CB, can i buy crompton today


  2. CB Says:
    March 27th, 2009
    Posted at: 9:55 am

    Hi Hari, not sure about Crompton for intra..


  3. rk Says:
    March 27th, 2009
    Posted at: 9:59 am

    HI cb shall i book Profits in tata motors this level.
    but i wish to hold for long term. shall i sell now and buy on fall?

    Cb did we miss the buying opportunity for long term.
    shall i buy now or wait for a fall

    (your a great guide to the market)


  4. rashmin Says:
    March 27th, 2009
    Posted at: 10:02 am

    gmcb resident of rel inf?


  5. CB Says:
    March 27th, 2009
    Posted at: 10:02 am

    Hi rk, Thanks.. Tata motors faces strong resistance at 190-205 levels.. One should book profits at these levels.. You may again buy it if it crosses 205.. We would get a dip after this run up.


  6. CB Says:
    March 27th, 2009
    Posted at: 10:03 am

    Hi rashmin, its at 575 and 600..


  7. Ranga Says:
    March 27th, 2009
    Posted at: 10:05 am

    WHAT WILL BE YOUR TARGET FOR AXISBANK, BOTH INTRA AND FEW MORE DAYS?


  8. rashmin Says:
    March 27th, 2009
    Posted at: 10:06 am

    i can short here sl of 575.?


  9. Vinesh Says:
    March 27th, 2009
    Posted at: 10:08 am

    Hi CB, can i short nifty now?


  10. kartik Says:
    March 27th, 2009
    Posted at: 10:08 am

    hi CB..............can we short nifty and also HDFC and RIL ?
    Can we short them?


  11. CB Says:
    March 27th, 2009
    Posted at: 10:08 am

    Hi Ranga, it has resistance at 440.. above this it can touch 470..

    Hi rashmin, no..dont go short yet.. Markets look good..


  12. CB Says:
    March 27th, 2009
    Posted at: 10:09 am

    Hi Vinesh, no.. not yet.. lets wait for some time to see if profit booking takes place..

    Hi kartik, no.. not yet.. lets wait for some time to see if profit booking takes place..


  13. sand Says:
    March 27th, 2009
    Posted at: 10:09 am

    great call on GVK CB.. aban entered


  14. CB Says:
    March 27th, 2009
    Posted at: 10:11 am

    Hi sand, thanks..


  15. Vijay Says:
    March 27th, 2009
    Posted at: 10:11 am

    Hi CB can i buy r com @cmp for target 176 (intraday)


  16. Ram Says:
    March 27th, 2009
    Posted at: 10:12 am

    Hi CB and all

    Target for Cairn please. bought at 190 yesterday.

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