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. madan Says:
    March 31st, 2010
    Posted at: 4:10 pm

    bot aksh optifibre today@ 24.3...closed at 24.2...had resistance @ 23-24 levels... whats the prospect?


  2. Kb Says:
    March 31st, 2010
    Posted at: 4:18 pm

    Have a nice evening cb ..


  3. rsk Says:
    March 31st, 2010
    Posted at: 4:23 pm

    Hi CB.. any short calls on tomo?


  4. SunilRao Says:
    March 31st, 2010
    Posted at: 4:26 pm

    Hi suzane, I hope you have read my views on your trading system you posted yesterday. If not, read it before you try using it. Here's the link to it.


  5. suzane Says:
    March 31st, 2010
    Posted at: 4:41 pm

    Hi Kb, Hi CB, okay


  6. madan Says:
    March 31st, 2010
    Posted at: 5:18 pm

    why i didnt get renuka bonus shares as yet?


  7. suzane Says:
    March 31st, 2010
    Posted at: 5:28 pm

    which is the best fund to enter in with SIP for a year or two ??

    Secondly which one will be best to select a midcapfund or largecapfund ??


  8. jagadeesh Says:
    March 31st, 2010
    Posted at: 5:37 pm

    sir i am holding renuka sugar plz advice me shall i sell or hold if hold whare is support if any stop loss plz tell buying price is 75


  9. dd Says:
    March 31st, 2010
    Posted at: 5:40 pm

    Hi CB, Whether we see below 5200 tomorrow or some recovery?


  10. ganga Says:
    March 31st, 2010
    Posted at: 5:47 pm

    what is meant by retracement of a stock


  11. ganga Says:
    March 31st, 2010
    Posted at: 6:13 pm

    how is sesagoa for a weeks time


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

    Hi Gitanjali, same to you

    Hi tanay, invest 50% of your capital in Sesagoa & Mcleod Russel for Long term as of now. Sintex and Hindalco, Sail can also be bought for Long term investment, they are slow movers tough

    Hi keval, depends on how U.S markets open up

    Hi Raj, hold it with a SL at 665

    Hi madan, Aksh Optifibre Ltd is a weak company fundamentally, try to exit on any rise

    Hi Kb, same to you

    Hi rsk, as of now none, shall let you know in some time

    Hi suzane, Large caps are good bets, SBI magnum is a good one to invest in for Long term

    Hi jagadeesh, hold it for Short term, its likely to give a bounce in the coming days


    Hi ganga, Retracements are temporary price reversals that take place within a larger trend can also be defined as a reversal in the movement of a stock's price, countering the prevailing trend. Its a correction that occours in a stock that has been continuously going up, this correction is necessary for the stock to continue its upward journey

    Hi dd, likely to trade flat tomorrow


  13. Kartik Says:
    March 31st, 2010
    Posted at: 6:20 pm

    Hi ganga, dont enter it yet, wait for some time


  14. ramsingh Says:
    March 31st, 2010
    Posted at: 7:16 pm

    Hai Kartik!
    We have buy HFCL (Himachal Futuristic Communication Limited) at current price.What is the target price.Please suggest.


  15. Krishna Says:
    March 31st, 2010
    Posted at: 7:20 pm

    Kartik...IT is down for past 1 week...is this just due to rupee appreciation or some other reason...also how is the outlook for IT next week?


  16. suzane Says:
    March 31st, 2010
    Posted at: 7:26 pm

    Hi Kartik, so i should go with sbi magnum fund .. Thats for SIP na ??
    Whats ur view for Hdfc Top 200 sip , kotak opportunities fund sip and sundaram smile fund sip ??

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