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Quotes with Resistance & Support

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Intraday calls for 31-03-10

Posted on: March 31st, 2010 at 8:32 am

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

Buy Corporation Bank at 488-492, target: 505. Stoploss: 481. – (if anybody still holding, continue to hold for 2-3 days, can see 510)

If markets show weakness later during the day, sell: Mahindra & Mahindra – (book profits at 535)

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Comment pages: 12 3 4 5 6 7 8 9 Show all

NISHANT Says:
March 31st, 2010
Posted at: 8:35 am
Hi CB,
Good morning :)
Can we think positive now for Sel Man and Mahindra Satyam ??
thnks,
Nishant
rashid Says:
March 31st, 2010
Posted at: 8:35 am
what option to enter today,,please give hedging pair as i must leave at 9.30
Angana Says:
March 31st, 2010
Posted at: 8:37 am
Good Morning CB!!! I bought archies on margin @98.I can hold it till monday on margin.Is it good for short term.If u tell I'll continue to hold it on cash.Please suggest
ttsathya Says:
March 31st, 2010
Posted at: 8:37 am
Good Morning. Pl guide
1.Gspl Fut Bt @89.5 2.ZEEL Fut Shorted @260 3.Hotl Leela Fut Bt @ 50.2
CB Says:
March 31st, 2010
Posted at: 8:38 am
Hi NISHANT, Good morning. yes. satyam is a good short/med term play.
Hi rashid, no, as of now no call. lets wait till nifty breaks 5250 to go short.
CB Says:
March 31st, 2010
Posted at: 8:39 am
Hi Angana, Good morning. its facings strong resistance near 103. yes, for now hold it
Hi ttsathya, they are a hold for now. hotel leela will do well if trades above 50 for some time.