Quotes with Resistance & Support
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Intraday calls for 31-03-09

Posted on: March 31st, 2009 at 9:31 am

Buy Financial Technologies for a target of 604. Stoploss: 581
Buy Reliance Industries for a target of 1540. Stoploss: 1500

If markets show weakness later during the day, short sell: ICICI bank.

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197 Responses

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  1. Sujay Says:
    March 31st, 2009
    Posted at: 9:52 am

    Hi CB,

    I squared off ICICI sold @ 342...Still holding Nifty sold @ 2880.
    what do you suggest ?

    -Sujay


  2. rupesh Says:
    March 31st, 2009
    Posted at: 9:53 am

    good morning, what about nifty


  3. CB Says:
    March 31st, 2009
    Posted at: 9:53 am

    Hi kartik, you may buy them for intra.. but not for short term yet..

    Hi SK, around yesterday's closing or 5rs higher.. depends on the opening..

    Hi Ranga, yes, one can..


  4. hari Says:
    March 31st, 2009
    Posted at: 9:53 am

    hi CB ,

    can we buy glenmark for intraday


  5. Ranga Says:
    March 31st, 2009
    Posted at: 9:56 am

    I have axis at 434, can I wait for few more days? any changes in plan. or shall I buy few more to come out fast avg??


  6. CB Says:
    March 31st, 2009
    Posted at: 9:56 am

    Hi ANKIT, NTPC looks good.. buy with a sl at 179.. it can touch 187..

    Hi Vijay, not sure about LT..

    Hi Sujay, hold it as of now..

    Hi rupesh, Nifty has support at 2770.. resistance at 3050


  7. CB Says:
    March 31st, 2009
    Posted at: 9:57 am

    Hi hari, yes.. it can touch 165

    Hi Ranga, hold it.. dont avg yet


  8. Geetha Says:
    March 31st, 2009
    Posted at: 9:59 am

    Can i trade tata power@cmp.


  9. CB Says:
    March 31st, 2009
    Posted at: 10:01 am

    Hi Geetha, it has resistance at 600.. dont buy it now..


  10. Ram Says:
    March 31st, 2009
    Posted at: 10:02 am

    Hi Gd mg CB

    how does welspun look today? wl it touch 80?


  11. raj Says:
    March 31st, 2009
    Posted at: 10:04 am

    hi cb srf down ho gaya kya kiya jay is share ka sell ya hold 85 jayga tab kuch hoga


  12. Divyesh Says:
    March 31st, 2009
    Posted at: 10:05 am

    Hi Cb Good Morning Beml Showing good opening can i hold or sell


  13. CB Says:
    March 31st, 2009
    Posted at: 10:06 am

    Hi Ram, it can touch 76 today.. its a good short term play..

    Hi raj, it has strong resistance at 85.. as of now if possible hold it for short term.. once it breaks 85, it can touch 110


  14. Srinivas Says:
    March 31st, 2009
    Posted at: 10:06 am

    hi CB, what is the outlook for metal stocks today.. do u see recovery of yesterday's losses esp TATASTL ?


  15. CB Says:
    March 31st, 2009
    Posted at: 10:07 am

    Hi Divyesh, hold it for some more time.. its looking strong..


  16. CB Says:
    March 31st, 2009
    Posted at: 10:08 am

    Hi Srinivas, Steel sector looks good.. it saw some profit booking yesterday.. its a good buy on dips or short term.. they are likely to move higher

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