Quotes with Resistance & Support
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Intraday calls for 30-03-10

Posted on: March 30th, 2010 at 8:18 am

Markets likely to see a flat opening. Support for nifty is at 5250 and resistance at 5320.

If markets show weakness later during the day, sell: JSW Steel. – (book profits at 1245)

9.03 am – To hedge longs buy a 5300 put at cmp 96 – ( if holding more than 1 lot, then book partial profit at cmp 122 and hold rest with trailing sl at 5270)

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526 Responses

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  1. smb Says:
    March 30th, 2010
    Posted at: 12:31 pm

    Hi CB/Kartik
    What is the TODAY'S target of Bajaj Hind.
    Bought at 140.70 at what price to exit ? Thanks in advance


  2. Kartik Says:
    March 30th, 2010
    Posted at: 12:33 pm

    Hi goutam, markets are likely to see some profit booking today, dont enter it for Intraday yet

    Hi rameshbhole, yes

    Hi Shanthi, dont enter it for Intraday

    Hi LEO, you may enter it for Short term as of now

    Hi Sandeep, hold them till Europe opens up, dont add more yet

    Hi akash, hold it with a SL at 5290 on Nifty

    Hi stalin, yes, some downside is possible

    Hi naga, book 50% profits at CMP, and hold the rest with a trailng SL at 1090

    Hi sridhar, it can see 158 today


  3. Kartik Says:
    March 30th, 2010
    Posted at: 12:34 pm

    Hi smb, it can see 144 today, hold it


  4. Ramesh Says:
    March 30th, 2010
    Posted at: 12:34 pm

    hi cb, can i go for positional short in TATASTEEL @ 648. if yes need tgt & sl. tks a lot


  5. LEO Says:
    March 30th, 2010
    Posted at: 12:35 pm

    Mr.karthik........... Ok... Then European opened +ve.. any hope for nifty to touch 5377..


  6. Deepak7791 Says:
    March 30th, 2010
    Posted at: 12:37 pm

    Dear Kartik

    GA

    What is the target for Bankbaroda in cash & FUT. Can hold it for a week or so


  7. R.C.Awasthi Says:
    March 30th, 2010
    Posted at: 12:37 pm

    dear sir what is todays target for ipca and pipa shipping


  8. dilip Says:
    March 30th, 2010
    Posted at: 12:38 pm

    Hi CB,

    is it a wise decision to invest in Satyam and RIL @ CMP ?

    Cheers
    Dilip


  9. Raj Says:
    March 30th, 2010
    Posted at: 12:40 pm

    CB yes bank 2 pts up have sold @ 257.1 now 259.. hold or exit??????


  10. sridhar Says:
    March 30th, 2010
    Posted at: 12:40 pm

    thanks


  11. Kartik Says:
    March 30th, 2010
    Posted at: 12:41 pm

    Hi Ramesh, its a market mover, and markets are likely to see some downside today, dont enter it yet

    Hi R.C.Awasthi, they can add 1-2% if Markets see some upside

    Hi dilip, it would be better to wait for some time


  12. Kartik Says:
    March 30th, 2010
    Posted at: 12:41 pm

    Hi LEO, it seems to be unlikely as of now


  13. Kartik Says:
    March 30th, 2010
    Posted at: 12:42 pm

    Hi Raj, hold it with a SL at 262


  14. Lata Says:
    March 30th, 2010
    Posted at: 12:42 pm

    hi kartik, can i short yes bank or any other, please do let me know...


  15. Kartik Says:
    March 30th, 2010
    Posted at: 12:43 pm

    Hi Lata, dont go short on it yet, wait for Europen markets to open


  16. varun soni Says:
    March 30th, 2010
    Posted at: 12:43 pm

    hi kartik can u provide mee with some information on hedging?

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