Quotes with Resistance & Support
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Intraday calls for 29-04-08

This article was posted on Apr 29, 2008

Buy Unitech at 294, target: 303. Stoploss: 292
Buy Reliance Power at 403.50, target: 413. Stoploss: 400

Markets are likely to remain volatile. There is a very important RBI meet today. If RBI hikes repo rate then we might see a correction in our markets. If it does not hike repo rate then it might turn out to be a non-event. Please trade in small quantity and maintain strict stoplosses.

2 Responses

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  1. tejaramtak Says:
    April 29th, 2008
    Posted at: 4:12 pm

    sir what is your view about kamat hotel , i buy this stock on 179
    plz tell me your view.
    thanks


  2. CB Says:
    April 30th, 2008
    Posted at: 12:52 am

    Hi tejaramtak, technically it has resistance @175 and 185.. fundamentally it is a good stock and avaliable at a very low PE.. hold it for a month or 2..it can touch 220


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