Quotes with Resistance & Support
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Intraday calls for 29-03-12

Posted on: March 29th, 2012 at 8:24 am

Markets likely to open lower. Support for nifty is at 5140.

If markets show recovery later during the day, buy: GMR infra

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368 Responses

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  1. Imran khan Says:
    March 29th, 2012
    Posted at: 3:07 pm

    Hi SM, not buying anything today will check morning with CB and then buy any options


  2. CB Says:
    March 29th, 2012
    Posted at: 3:07 pm

    Hi AJ, yes, hold it

    Hi shashi, no, dont enter these yet


  3. SM Says:
    March 29th, 2012
    Posted at: 3:08 pm

    Hi Imran khan, can wait for a day...
    Hi CA.Tejas, 7 & 14 is good but moving averages work wonders in a trending market and not so in a trading market. It is a lagging indicator. For trading markets, can consider some oscillators


  4. Imran khan Says:
    March 29th, 2012
    Posted at: 3:09 pm

    Hi SM, i think i have to open commodity trading account


  5. SS Says:
    March 29th, 2012
    Posted at: 3:10 pm

    Hi CB,
    Sir, Should I roll-over sesa long...sitting on huge loss ?
    Also,Cairn Apr fut in Rs. 10 discount..Can be entered assuming short covering ?


  6. nv Says:
    March 29th, 2012
    Posted at: 3:11 pm

    Nifty futures for April seems to trade with a premium of arnd 40 points with spot ?


  7. CB Says:
    March 29th, 2012
    Posted at: 3:11 pm

    Hi SS, yes. shall roll over. dont enter cairn yet.


  8. sara Says:
    March 29th, 2012
    Posted at: 3:11 pm

    can i enter Acropetal Technologies Ltd ?


  9. SM Says:
    March 29th, 2012
    Posted at: 3:12 pm

    Hi Imran khan, he he... yes, you can obviously do so :)


  10. amolo Says:
    March 29th, 2012
    Posted at: 3:12 pm

    Hi CB,

    What about 5200 CE ?? Should I hold it ???

    Amolo


  11. CB Says:
    March 29th, 2012
    Posted at: 3:12 pm

    Hi nv, yes. usually there is a difference during expiry

    Hi sara, no, looks weak


  12. Kumar Says:
    March 29th, 2012
    Posted at: 3:13 pm

    CB my query Please Posted at: 2:23 pm now JP is 80.


  13. CB Says:
    March 29th, 2012
    Posted at: 3:13 pm

    Hi amolo, exit for now. shall re-enter tomorrow.


  14. CB Says:
    March 29th, 2012
    Posted at: 3:14 pm

    Hi Kumar, dont enter it today. shall take a call tmorrow.


  15. amolo Says:
    March 29th, 2012
    Posted at: 3:14 pm

    I have the April Series 5200 CE ???


  16. sara Says:
    March 29th, 2012
    Posted at: 3:15 pm

    Thanks CB what about Central bank ?

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