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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597 Responses

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  1. sunil Says:
    March 31st, 2010
    Posted at: 10:52 am

    cb hw do u expect nifty to close for the day flat or negative


  2. Gauri Says:
    March 31st, 2010
    Posted at: 10:52 am

    ok


  3. CB Says:
    March 31st, 2010
    Posted at: 10:53 am

    Hi sumit, most welcome


  4. preeti Says:
    March 31st, 2010
    Posted at: 10:53 am

    Hi CB, u missed my query abt enterin corp bank at 485


  5. Kb Says:
    March 31st, 2010
    Posted at: 10:53 am

    but cb. Mro tech . 200% volume change today. .


  6. CB Says:
    March 31st, 2010
    Posted at: 10:54 am

    Hi preeti, yes, enter it in small quantity

    Hi sunil, slightly lower

    Hi Raj, it has rallied quite a bit. for now would advice to exit on any rise.


  7. CB Says:
    March 31st, 2010
    Posted at: 10:55 am

    Hi LEO, yes, has resistance at 33

    Hi LEO, from Pune..


  8. Raj Says:
    March 31st, 2010
    Posted at: 10:55 am

    IF i holdYes bank for a month will it come to 265 levels??


  9. CB Says:
    March 31st, 2010
    Posted at: 10:55 am

    Hi Raj, yes. hold it.


  10. rajat Says:
    March 31st, 2010
    Posted at: 10:56 am

    HI CB,

    At what price I can enter in Infosys?


  11. CB Says:
    March 31st, 2010
    Posted at: 10:56 am

    Hi rajat, around 2580


  12. rajat Says:
    March 31st, 2010
    Posted at: 10:57 am

    Thanks CB, You a great help


  13. preeti Says:
    March 31st, 2010
    Posted at: 10:57 am

    Hi CB, thanks..also m holding usha martin..cmp is 100..it went to 103..shld i book profits or hold with long term view??i had booked partial profits at 97-98


  14. suzane Says:
    March 31st, 2010
    Posted at: 10:57 am

    shall i enter more at cmp in corp bank ?? and maintain the stoploss ??


  15. SMH Says:
    March 31st, 2010
    Posted at: 10:57 am

    CB, bot bhel @ 2425 can i expect some intra day gain or its good for deilvery only pls guide


  16. CB Says:
    March 31st, 2010
    Posted at: 10:58 am

    Hi rajat, most welcome

    Hi preeti, hold onto it. looks strong. can see 110

    Hi SMH, hold it. can see 2438

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