Quotes with Resistance & Support
Market Information

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. akila Says:
    March 29th, 2012
    Posted at: 6:52 pm

    Thanku cb for your reply and advice.........shall go with jsw energy and biocon as adviced by you.......hope they open a little lower in the morning.......a new day begins again tomorrow after squaring off all existing positions today.............need to trade very cautiously from now onwards...............

    thankyou once again and have a nice day..........


  2. vk Says:
    March 29th, 2012
    Posted at: 7:45 pm

    hai cb i have 200 hindalco share @132 tomorrow target and wat should i do


  3. Ram M Says:
    March 29th, 2012
    Posted at: 8:36 pm

    Hi CB sir, why Maruti bounced back at the end, was it on any news or just short covering?
    I am holding its short in Apr Fut. Can you please tell me what does the rollover data in its future suggest - will it go down or up tmw & later next week?? Plz explain its technicals as well sir..
    Thanks a lot...


  4. ham Says:
    March 29th, 2012
    Posted at: 9:11 pm

    Good Evening CB :) I guess Nifty might test 5050 levels before bounce or any chances to test 4950 ???... IMO, as 5050 is the major support level for nifty, once tested can suddenly bounce back sharply from there... What do u say ???


  5. Kartik Says:
    March 29th, 2012
    Posted at: 9:15 pm

    Hi akila, GE, Yes, lets hope for the bets

    Hi Ram M, not really sure of any news on it, faces strong resistance at 1340, hold your Short for some more time

    Hi ham, seems to hover around strong support of 5160-80, if broken (closing basis), likely can lower levels ahead


  6. ham Says:
    March 29th, 2012
    Posted at: 9:17 pm

    Hi Kartik, Thank u very much kartik..... :)


  7. Kb Trader Says:
    March 29th, 2012
    Posted at: 9:20 pm

    heyyyyyyyyy cbbbbbbbbbbbb

    Hi Kartik, heyy karthik.. ge .. . just wanna a help. .. how to make custom email id for domains ... its easily possible with google aps rite ??


  8. Sohan Says:
    March 29th, 2012
    Posted at: 10:07 pm

    Hello CB,

    Need to know if we can see soem upmove on Indoslar in next few weeks.

    This has been in downtrend since IPO.

    sohan


  9. Kartik Says:
    March 29th, 2012
    Posted at: 10:35 pm

    Hi ham, most welcome

    Hi Kb Trader, GE, hope you doing well, never tried with google aps tough

    Hi Sohan, it looks weak overall, has also broken major support levels, would be better to avoid it


  10. AK Says:
    March 29th, 2012
    Posted at: 11:43 pm

    Hi CB\Kartik,

    Can i enter into bhel, adanient and hdil tomorrow for short term?


  11. hitesh Says:
    March 29th, 2012
    Posted at: 11:52 pm

    hi kartik /cb i nedd ur views on sterling biotech


  12. Deepak Bedi Says:
    March 29th, 2012
    Posted at: 11:55 pm

    Hi Kartik..GE... How is Reliance looking... Can it go down to 670 - 680 levels over the next couple of weeks??


  13. RAVI Says:
    March 29th, 2012
    Posted at: 11:58 pm

    hi cb, how much downside left in lanco infra . will it bounce back tomorrow holding @ 18.3


  14. Deepak Bedi Says:
    March 30th, 2012
    Posted at: 12:01 am

    Hi SM... GE... How's things with you... Haven't seen you around here for a while??


  15. CB Says:
    March 30th, 2012
    Posted at: 12:16 am

    Hi AK, no, dont enter these yet. looking weak

    Hi hitesh, its in a strong downtrend. don't enter it yet

    Hi Deepak Bedi, has strong support at 700-715 levels. possible see a bounce from here. if breaks it can fall further

    Hi RAVI, its a hold. its a good market mover. once markets improve can head upto 22. hold for now


  16. SM Says:
    March 30th, 2012
    Posted at: 12:17 am

    Hi Deepak Bedi, GE. I'm doing good, been a bit busy. Hope all is well at your end :)

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