Quotes with Resistance & Support
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Indigo

Posted on: April 3rd, 2020 at 7:56 am

It seems to be facing some resistance near 1020 levels. If trades above it for few minutes, could head higher near 1060. On the downside, has strong support at 980. Below this could test 950.

Disclaimer – These are only my personal views and not trading recommendations.

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46 Responses

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Comment pages: 123Show all

  1. Premsagar Says:
    April 3rd, 2020
    Posted at: 11:13 am

    Thank you sir


  2. Manoj Says:
    April 3rd, 2020
    Posted at: 11:24 am

    HI CB,

    Your views on Glenmark for intraday.
    Any pharma stock for intraday with targets?


  3. CB Says:
    April 3rd, 2020
    Posted at: 11:44 am

    Hi Manoj, glenmark can test 220-222. nothing new in pharma yet.

    Hi Premsagar, most welcome

    Hi PUNIT BUTANI, most welcome. cannot really be sure yet. depends on which side it breaks out on. if crosses 102, can expect some buying interest come in


  4. Sanjay Says:
    April 3rd, 2020
    Posted at: 11:51 am

    Hi CB,

    Your thoughts on Tatachem. I have bought one lot at 230. Thanks in advance.


  5. Manoj Says:
    April 3rd, 2020
    Posted at: 11:57 am

    Your views on PEL. It is on downtrend. How much level we can expect for intraday if i sell at current level of 992.


  6. CB Says:
    April 3rd, 2020
    Posted at: 12:47 pm

    Hi Sanjay, does look a bit weak below 220-222. if possible hedge with a 210pe for now.

    Hi Manoj, seems can test 860


  7. seema Says:
    April 3rd, 2020
    Posted at: 1:06 pm

    HDFC BANK LOOKS LIKE STUCK AT AROUND 830...WHERE IS IT HEADING?


  8. Yash P Bhanushali Says:
    April 3rd, 2020
    Posted at: 1:11 pm

    Good afternoon CB
    I want to know your view on Motherson Sumi

    Thanks


  9. Sumit Bhalsod Says:
    April 3rd, 2020
    Posted at: 1:26 pm

    Rbl bank


  10. CB Says:
    April 3rd, 2020
    Posted at: 1:56 pm

    Hi Sumit Bhalsod, its in a downtrend. avoid for now

    Hi Yash P Bhanushali, Good afternoon. motherson is going a bit weak. best to avoid for now

    Hi seema, yes, seems may remain a bit flat/ weak today


  11. Bhags Says:
    April 3rd, 2020
    Posted at: 2:02 pm

    Hi CB..... After yday news of reliance for 25000 cr ncd what your viw on ril...... I have sold @1050 to cover at lower level...... What would i do..... At what level i will get ril again......it is in delivery


  12. Sumit Bhalsod Says:
    April 3rd, 2020
    Posted at: 2:07 pm

    Jindal steel


  13. Yash P Bhanushali Says:
    April 3rd, 2020
    Posted at: 2:18 pm

    What about star paper


  14. CB Says:
    April 3rd, 2020
    Posted at: 2:18 pm

    Hi Sumit Bhalsod, its an avoid for now

    Hi Bhags, yes, shall add on dips near 950-980


  15. CB Says:
    April 3rd, 2020
    Posted at: 2:19 pm

    Hi Yash P Bhanushali, it has resistance a 72. a close above this can take it higher.


  16. Yash P Bhanushali Says:
    April 3rd, 2020
    Posted at: 2:26 pm

    What about bel?

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