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. dak Says:
    April 2nd, 2012
    Posted at: 3:24 pm

    Thanks CB


  2. Ram M Says:
    April 2nd, 2012
    Posted at: 3:25 pm

    CB sir, Bought United Phos April fut @ 131... What to do sir?
    SL & GT plz - time frame also sir....


  3. SAI Says:
    April 2nd, 2012
    Posted at: 3:26 pm

    Hi CB shall i exit 5400 ce in loss or hold for some gains tomorrow.


  4. CB Says:
    April 2nd, 2012
    Posted at: 3:26 pm

    Hi dak, most welcome

    Hi Ram M, it has strong support at 126 levels. can head upto 140 in 2-3 weeks.


  5. CB Says:
    April 2nd, 2012
    Posted at: 3:26 pm

    Hi SAI, hold for now.


  6. suzane Says:
    April 2nd, 2012
    Posted at: 3:27 pm

    strucked with CANARA BANK at higher level. Is it good to hold for tomm. ??


  7. Akash Says:
    April 2nd, 2012
    Posted at: 3:27 pm

    Hi CB, I have 75k to pay the loan, shud I buy MRF form that money and make some profit and then repay the loan. I guess I can buy 6 at elast and if it reaches 13500, I will make 10-12k profit in 3-4 days


  8. CB Says:
    April 2nd, 2012
    Posted at: 3:28 pm

    Hi suzane, yes, its a hold for now

    Hi Akash, no, dont invest loan money in markets.


  9. CB Says:
    April 2nd, 2012
    Posted at: 3:29 pm

    Hi RAVS, yes.


  10. Akash Says:
    April 2nd, 2012
    Posted at: 3:31 pm

    Hi CB, Market is closed today. But I don't have any option. I took loan of 1.5 lakhs which I already lost. now to cover that loan, I need to put more money then only I can cover some loss. :( Wht to do?


  11. aba Says:
    April 2nd, 2012
    Posted at: 3:31 pm

    cb can we see L&T @ 1350 -1355 tomorrow i have @1332 plssssssssssss suggest also booked minor loss in balrampur chini


  12. chhaya Says:
    April 2nd, 2012
    Posted at: 3:32 pm

    target of tataglobl ,irb infra, arvind mill target


  13. sameer Says:
    April 2nd, 2012
    Posted at: 3:32 pm

    HELOO CB SIR PLS TELL ME SUPPORT AND RESISTANCE LEVEL FOR AXIS BANK


  14. Amit Says:
    April 2nd, 2012
    Posted at: 3:32 pm

    Hi cb, can I buy MCDOWELL ??


  15. Ram M Says:
    April 2nd, 2012
    Posted at: 3:32 pm

    Thnx a lot CB sir...


  16. SAI Says:
    April 2nd, 2012
    Posted at: 3:33 pm

    Hi CB OK thankss

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