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. Vijay Says:
    March 31st, 2010
    Posted at: 11:47 am

    HI CB, i am holding KRBL 650 shares @ 30.52 and planning to average it by investing around 4000 share in it at cmp. Is it good call or i should wait for some more dip, pls advice


  2. Manish Says:
    March 31st, 2010
    Posted at: 11:49 am

    @samma Kisnfisher airlines good company but its long term bet .. for 1 week its very risky


  3. raja m Says:
    March 31st, 2010
    Posted at: 11:53 am

    Hi CB ,what should be the CMP for NMDC for about 6 months holding?


  4. onlybull Says:
    March 31st, 2010
    Posted at: 11:54 am

    good morning kb/cb. yes bank is sliping down whats the reason will in april it will touch 300.


  5. Akela Says:
    March 31st, 2010
    Posted at: 12:07 pm

    Hi CB - How much upside is left in Usha Martin Education and Solutions Limited. I mean any target for one month?


  6. Angana Says:
    March 31st, 2010
    Posted at: 12:20 pm

    I've got a buy call of velan hotel.cmp 31.85 .target 100.Is it possible?


  7. NITIN Says:
    March 31st, 2010
    Posted at: 12:22 pm

    HI CB, I HAVE GREAT OFFSHORE @525, HINDUSTAN OIL @290, IL & FS MANAGEMENTS @50, PLEASE SUGGEST WHAT TO DO? SHOULD BUY MORE OR EXIT ?


  8. Kartik Says:
    March 31st, 2010
    Posted at: 12:29 pm

    Hi Arunava, dont enter it yet, Velan Hotels Ltd is a average company fundamentally, you may enter it for Long term invesmtent

    Hi NITIN, hold them for Short term, dont add more yet

    Hi rsk, hold it with a SL at 475


  9. Akela Says:
    March 31st, 2010
    Posted at: 12:31 pm

    Karthik can you please reply my query as well. - How much upside is left in Usha Martin Education and Solutions Limited. I mean any target for one month?


  10. rashid Says:
    March 31st, 2010
    Posted at: 12:32 pm

    karthik sir.
    today bought mcleod at 280....now its 274......should i exit now


  11. Gitanjali Says:
    March 31st, 2010
    Posted at: 12:32 pm

    Hi Kartik,
    How r the europe mkts doing ...please ?


  12. NSE_Trader Says:
    March 31st, 2010
    Posted at: 12:32 pm

    Hi Kartik,
    Sold M&M at 554,
    Is it a hold wat is tgt and sl ?
    Thanks


  13. Gauri Says:
    March 31st, 2010
    Posted at: 12:33 pm

    Good afternoon kartik pl. tell me Lower levels of havells n higher level of Tata Elxsi pl.


  14. Ram M Says:
    March 31st, 2010
    Posted at: 12:34 pm

    HI Cb.... Holding April nifty future bought at 5330. In big loss now. What to do nw? Will earnings fig next week a +ve trigger for the market. I wanna knw will mkt bounce back this month & what level will it go. Will i be in profit? Thnx Sir


  15. Sri Says:
    March 31st, 2010
    Posted at: 12:35 pm

    Hi CB,
    Can Nagarjuna Fert reach 36 level in next one week?


  16. Kartik Says:
    March 31st, 2010
    Posted at: 12:36 pm

    Hi Akela, its likely to face some profit booking at 55 levels, parital profits around 55, and hold the rest with a trailing SL at 50

    Hi rashid, Mcleod Russel is good bet for Long term, its the Largest Tea manufacturer in the Word, hold it, it shall give good returns

    Hi NSE_Trader, it can see 545, hold it with a SL at 558

    Hi Gauri, HAVELLS seems to trading strong, dont go short on it yet, TATAELXSI can see 330

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