Quotes with Resistance & Support
Market Information

Intraday calls for 02-04-12

Posted on: April 2nd, 2012 at 8:25 am

Markets likely to open flat. Support for nifty is at 5230 and resistance at 5310.

Buy Tata steel at 469-471, target: 478. Stoploss: 464. – (Book profit in Tata steel at 475-476)
Buy Balrampur Chini at 57, target: 59. Stoploss: 55.50

1.41pm – Buy Larsen & Tubro at 1335, target: 1355. Stoploss: 1320 – (Continue to hold LT till tomorrow)

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429 Responses

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  1. SM Says:
    April 2nd, 2012
    Posted at: 1:38 pm

    Hi CB, Good afternoon buddy :)


  2. lotus Says:
    April 2nd, 2012
    Posted at: 1:39 pm

    goodafternoon cb sir, shall i exit from tata steel at cmp?


  3. CB Says:
    April 2nd, 2012
    Posted at: 1:40 pm

    Hi Karan Sharma, no, not yet. its near good support levels

    Hi lotus, yes, book for now.


  4. lotus Says:
    April 2nd, 2012
    Posted at: 1:40 pm

    txs.


  5. Amey Says:
    April 2nd, 2012
    Posted at: 1:41 pm

    Hi CB

    Please suggest your trading strategy now in options ?


  6. CB Says:
    April 2nd, 2012
    Posted at: 1:41 pm

    Buy Larsen & Tubro at 1335, target: 1355. Stoploss: 1320


  7. CB Says:
    April 2nd, 2012
    Posted at: 1:42 pm

    Hi lotus, most welcome

    Hi Amey, as of now no new call in options.


  8. amolo Says:
    April 2nd, 2012
    Posted at: 1:42 pm

    Hi CB,

    Should I exit 5300 CE with Small Profit or continue to hold it ???

    Amolo


  9. Sourabh Says:
    April 2nd, 2012
    Posted at: 1:42 pm

    CB SIr...
    Bought Reliance@744 for intrday...please advise...where to exit


  10. CB Says:
    April 2nd, 2012
    Posted at: 1:43 pm

    Hi amolo, hold for now

    Hi Sourabh, hold it. can see 755


  11. shiva Says:
    April 2nd, 2012
    Posted at: 1:44 pm

    CB GBP/USD gave a breakout..can i buy?


  12. CA.Tejas Says:
    April 2nd, 2012
    Posted at: 1:45 pm

    Hi CB, Can I buy Bharti Airtel 360 call @ cmp??


  13. CB Says:
    April 2nd, 2012
    Posted at: 1:45 pm

    Hi shiva, yes, seems so


  14. CB Says:
    April 2nd, 2012
    Posted at: 1:46 pm

    Hi CA.Tejas, no, go with a 350 call instead


  15. Ram M Says:
    April 2nd, 2012
    Posted at: 1:46 pm

    CB sir, bought India Cements April fut at 110.. What to do sir, mkt moving, but its not moving up...SL & TGT plz?


  16. SS Says:
    April 2nd, 2012
    Posted at: 1:46 pm

    Hi CB,
    Im long on cairn...shd I book or hold ?

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