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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. gitanjali Says:
    April 1st, 2010
    Posted at: 6:09 am

    Hi CB,
    Thanks for the reply..kindly let me know if I may enter andhra bank to day in futures please .


  2. gitanjali Says:
    April 1st, 2010
    Posted at: 6:11 am

    Hi Kb, Hi SunilRao,
    Thanks ..for the useful info .


  3. Sandy Says:
    April 1st, 2010
    Posted at: 6:48 am

    Good morning cb sir i am holding corp bank @ 485 plz give me sl


  4. zaheer Says:
    April 1st, 2010
    Posted at: 7:10 am

    hai cb position nifty today


  5. ganga Says:
    April 1st, 2010
    Posted at: 7:39 am

    can i buy sesagoa for short term for a target of 487


  6. CB Says:
    April 1st, 2010
    Posted at: 7:44 am

    Hi gitanjali, yes, one can enter it

    Hi Sandy, keep sl around 475.. can head upto 510

    Hi zaheer, one can go short around 5280-5290 levels

    Hi ganga, yes, its looking strong.


  7. ganga Says:
    April 1st, 2010
    Posted at: 7:51 am

    can u give me sl for sesagoa and target


  8. CB Says:
    April 1st, 2010
    Posted at: 7:52 am

    Hi ganga, keep sl at 464 can add 10-12rs.


  9. santosh Says:
    April 1st, 2010
    Posted at: 7:55 am

    hi cb,

    what is the target for infosys today


  10. suzane Says:
    April 1st, 2010
    Posted at: 8:03 am

    yesterday looking at us market ..it seemed market will open lower but sgxnifty is 30+ ... Will it go down after opening ??
    Secondly for longterm on bank nifty.. Whats ur view it should be seen above 10500 or below 8000 ... Which one can be soon say in six months time frame...
    We should be in buy and average on dips or should short and average on dips ??


  11. suzane Says:
    April 1st, 2010
    Posted at: 8:05 am

    rise ??


  12. CB Says:
    April 1st, 2010
    Posted at: 8:07 am

    Hi santosh, it see a bounce of 20-25rs

    Hi suzane, yes. asian markets are positive. for short term its a sell on rise market considering 5300-5320 is strong resistance zone.


  13. Bunty Says:
    April 1st, 2010
    Posted at: 8:11 am

    market today open or close?


  14. CB Says:
    April 1st, 2010
    Posted at: 8:11 am

    Hi Kevallll, they are all oversold as of now and a bounce can come any anytime soon. hold them for some time


  15. CB Says:
    April 1st, 2010
    Posted at: 8:11 am

    Hi Bunty, its open. tomorrow is a holiday


  16. Gauri Says:
    April 1st, 2010
    Posted at: 8:16 am

    Hi CB,
    Good Morning!!!
    I Have 800 Spicejet @63.5. some speculation is ogoing on regarding stake buying in spicejet by sun tv . Do you suggest I should exit when it crosses my BEP? (sorry to bother u on same issues again, pl. reply)

    Regards

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