Quotes with Resistance & Support
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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. sunny Says:
    April 2nd, 2012
    Posted at: 8:45 am

    thanks cb and a happy trading day


  2. CB Says:
    April 2nd, 2012
    Posted at: 8:46 am

    Hi sunny, you too have a good day!


  3. DJ Says:
    April 2nd, 2012
    Posted at: 8:48 am

    Thx buddy
    can jp be shorted nr 82-84?


  4. CB Says:
    April 2nd, 2012
    Posted at: 8:50 am

    Hi DJ, no, not yet. looks strong


  5. sheeja Says:
    April 2nd, 2012
    Posted at: 8:51 am

    Hi CB goodmorning, Shalli by sujana Towers/ Amtek India for short term? how it looks? pls advice...


  6. DJ Says:
    April 2nd, 2012
    Posted at: 8:51 am

    Ok Buddy
    so can i go long on it if it opens lower?


  7. CB Says:
    April 2nd, 2012
    Posted at: 8:52 am

    Hi sheeja, Good morning. no, dont enter these yet

    Hi DJ, yes.


  8. nv Says:
    April 2nd, 2012
    Posted at: 8:52 am

    Any trade in nifty futures or nifty options ?


  9. swapnil Says:
    April 2nd, 2012
    Posted at: 8:54 am

    hii cb

    am holding nift 5100 pe. ur call?


  10. sheeja Says:
    April 2nd, 2012
    Posted at: 8:54 am

    Hi CB, shalli buy IDBI bank at current price? pls advice..


  11. CB Says:
    April 2nd, 2012
    Posted at: 8:54 am

    Hi nv, on dips near 5260-5270 can go long

    Hi swapnil, try and exit on dips for now. keep sl at 5310


  12. CB Says:
    April 2nd, 2012
    Posted at: 8:55 am

    Hi sheeja, no, has strong resistance at 108-110


  13. Bhavik Says:
    April 2nd, 2012
    Posted at: 8:55 am

    Hi CB. Gm. Whtz ur view over nifty today?


  14. AJ Says:
    April 2nd, 2012
    Posted at: 8:57 am

    JAIN IRR for intraday?


  15. raja Says:
    April 2nd, 2012
    Posted at: 8:57 am

    cb sir, gm, what about ASHOKA LEYLOND TODAY SIR. Pls advice


  16. CB Says:
    April 2nd, 2012
    Posted at: 8:58 am

    Hi Bhavik, Good morning. if crosses 5310, could add more

    Hi AJ, has resistance at 102. seems may remain flat

    Hi raja, Good morning. can test 31.50

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