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. CB Says:
    March 31st, 2010
    Posted at: 2:41 pm

    Hi suzane, btst wont be allowed for stocks bought today.. we will need to sell them on monday

    Hi karthik, may remain flat .


  2. CB Says:
    March 31st, 2010
    Posted at: 2:42 pm

    Hi Gitanjali, yes. hold onto them

    Hi Kb, around 57


  3. madan Says:
    March 31st, 2010
    Posted at: 2:42 pm

    whats ur view on mukund engineers?


  4. swapnil Says:
    March 31st, 2010
    Posted at: 2:42 pm

    hi,
    can i enter kpit or infosys for a week's trade?
    which one is better?


  5. Gitanjali Says:
    March 31st, 2010
    Posted at: 2:43 pm

    Hi CB,
    Thanks ..


  6. Vijay Says:
    March 31st, 2010
    Posted at: 2:43 pm

    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


  7. ASHISH Says:
    March 31st, 2010
    Posted at: 2:44 pm

    CB, HOLDING MCDOWEL ONE LOT AT 1348, SHOULD I BOOK LOSS CMP IS 1320?


  8. CB Says:
    March 31st, 2010
    Posted at: 2:45 pm

    Hi swapnil, they are looking weak dont enter it yet

    Hi Gitanjali, most welcome

    Hi Vijay, yes, do that but wait for another 3-5% dip


  9. Ramesh ss Says:
    March 31st, 2010
    Posted at: 2:45 pm

    hi cb/karthik, pls advise on BANKINDIA i bought @ 345 CMP 341.50 should i close at 3.5/rs loss or hold for day


  10. CB Says:
    March 31st, 2010
    Posted at: 2:47 pm

    Hi ASHISH, no, continue to hold onto it. it look strong.

    Hi Ramesh ss, may close flat from here it seems. keep it for 2-3 days. will bounce back. wont be allowed to do btst today


  11. CB Says:
    March 31st, 2010
    Posted at: 2:47 pm

    Hi Kb, most welcome.


  12. Akash Says:
    March 31st, 2010
    Posted at: 2:47 pm

    Hi CB, Ok. Blue Star Info is also not moving at all. I am stucked in this badly. Today also went up to 115 but now again down and trading near last close price!!!


  13. dak Says:
    March 31st, 2010
    Posted at: 2:48 pm

    CB - am just getting into options trading, and would like to buy some put option - just to get the hang of it. can you suggest a good one?


  14. suzane Says:
    March 31st, 2010
    Posted at: 2:49 pm

    why so ??


  15. CB Says:
    March 31st, 2010
    Posted at: 2:49 pm

    Hi Akash, yes. markets are not really doing much today.


  16. CB Says:
    March 31st, 2010
    Posted at: 2:50 pm

    Hi dak, go with a 5200 put for now. sl 5280

    Hi suzane, looks weak below 700

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