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. sandeep Says:
    March 31st, 2010
    Posted at: 3:21 pm

    cb..............Im holding SAIL 220 PUT of this series @1.45 and now its tarding @.85.wats ur view on SAIL?can we see lower levels in this series or should i square off my position?


  2. CB Says:
    March 31st, 2010
    Posted at: 3:21 pm

    Hi ttsathya, ok. hold it.


  3. CB Says:
    March 31st, 2010
    Posted at: 3:22 pm

    Hi sandeep, its seeing some buying interest. has strong resistance at 255. can come down a bit from here.


  4. swapnil Says:
    March 31st, 2010
    Posted at: 3:22 pm

    can i enter balrampur chini at cmp


  5. CB Says:
    March 31st, 2010
    Posted at: 3:22 pm

    Hi Gitanjali, yes, buy some

    Hi swapnil, yes, in small quantity


  6. Krishna Says:
    March 31st, 2010
    Posted at: 3:23 pm

    CB...how is TCS...bought 2 lots @790.....


  7. ttsathya Says:
    March 31st, 2010
    Posted at: 3:23 pm

    ZEEL is comingdown Shall I wait or book loss in fut shorted @260


  8. Gitanjali Says:
    March 31st, 2010
    Posted at: 3:24 pm

    Hi CB,
    Thanks ..


  9. haresh thakkar Says:
    March 31st, 2010
    Posted at: 3:25 pm

    sir thnx for ur yesdays short call on jsw stl.. earnd some money after long time.. many thx..


  10. CB Says:
    March 31st, 2010
    Posted at: 3:25 pm

    Hi Krishna, its looking a bit weak. has strong support at 775-780. hold onto it.

    Hi ttsathya, hold it.

    Hi Gitanjali, most welcome.


  11. CB Says:
    March 31st, 2010
    Posted at: 3:25 pm

    Hi haresh thakkar, most welcome..


  12. ANIL SAH Says:
    March 31st, 2010
    Posted at: 3:26 pm

    HI CHIRAG, I M BUY ASHOK LEYLAND 57.5 CALL @ 1.7.SO I M HOLD ?????


  13. RL Says:
    March 31st, 2010
    Posted at: 3:27 pm

    Thanks CB


  14. CB Says:
    March 31st, 2010
    Posted at: 3:28 pm

    Hi ANIL SAH, yes, hold it. has some resistance at 57.50 above this can see 61

    Hi RL, most welcome.


  15. Krishna Says:
    March 31st, 2010
    Posted at: 3:28 pm

    will it move above my buy price within few days....which is 790


  16. CB Says:
    March 31st, 2010
    Posted at: 3:29 pm

    Hi Krishna, yes. hold it. will bounce back.

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