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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. CB Says:
    March 30th, 2010
    Posted at: 9:19 am

    Hi amit, for a good upmove, nifty needs to trade above 5330 for some time.as of now is facing some selling pressure on rise.

    Hi gopal, Good morning. hold it for now.


  2. CB Says:
    March 30th, 2010
    Posted at: 9:20 am

    Hi Pranav.M, jsw can be short around 1270


  3. JASEEM Says:
    March 30th, 2010
    Posted at: 9:20 am

    HI CB WHAT ABOUT ANDHRA BANK


  4. sandy Says:
    March 30th, 2010
    Posted at: 9:21 am

    Hi CB i have mudraport @779 now it,s down what should i do plz give me SL & 1 week target


  5. CB Says:
    March 30th, 2010
    Posted at: 9:21 am

    Hi JASEEM, its a hold. midcaps are not really performing in this rally. need to hold onto them for some more time


  6. rev Says:
    March 30th, 2010
    Posted at: 9:21 am

    cb, At what level one can enter into cpcl.


  7. nitin Says:
    March 30th, 2010
    Posted at: 9:21 am

    what are targets and stoploss for jsw steel


  8. gopal Says:
    March 30th, 2010
    Posted at: 9:22 am

    Thanks cb

    what time i have to exit and time frame plz sir


  9. CB Says:
    March 30th, 2010
    Posted at: 9:22 am

    Hi sandy, hold it with sl at 773. can add 10-12rs.

    Hi rev, no, not sure about it.


  10. syed Says:
    March 30th, 2010
    Posted at: 9:22 am

    i am bought in glory [email protected] pl give me a today target


  11. CB Says:
    March 30th, 2010
    Posted at: 9:23 am

    Hi gopal, 1-2 days.

    Hi nitin, around 1250. sl 1280

    Hi syed, can see 23.80


  12. LP Says:
    March 30th, 2010
    Posted at: 9:23 am

    Hi CB,

    I am holding South Indian Bank @ 148 shall I book profit now or wait for some more upmove


  13. CB Says:
    March 30th, 2010
    Posted at: 9:23 am

    Hi LP, yes, book partial profits for now.


  14. Pranav.M Says:
    March 30th, 2010
    Posted at: 9:23 am

    Hi CB, Holding Zenith comp since long bought @ 32.30, now its 22 rs what to do ?


  15. sandy Says:
    March 30th, 2010
    Posted at: 9:24 am

    Sir but now it,s 770


  16. CB Says:
    March 30th, 2010
    Posted at: 9:24 am

    Hi Pranav.M, yes, looking a bit weak. let it stop falling, we will need to avg it.

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