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. chhaya Says:
    April 2nd, 2012
    Posted at: 8:59 am

    what about tataglobal and tatamotordvr for today target


  2. AJ Says:
    April 2nd, 2012
    Posted at: 9:00 am

    Hows EXIDE on charts?


  3. CB Says:
    April 2nd, 2012
    Posted at: 9:00 am

    Hi chhaya, can see 114.50 and 162


  4. CB Says:
    April 2nd, 2012
    Posted at: 9:00 am

    Hi AJ, has resistance at 152. above this can see 160


  5. vipul07 Says:
    April 2nd, 2012
    Posted at: 9:04 am

    cb sir,
    cant we put buy order for a group companies maring premarket time(between 9 to 9.15)


  6. rgitkare Says:
    April 2nd, 2012
    Posted at: 9:04 am

    gm cb, any view on bank nifty, can go long at opening?


  7. micky-intrday Says:
    April 2nd, 2012
    Posted at: 9:05 am

    cb can we go short on jindal steel and power


  8. aba Says:
    April 2nd, 2012
    Posted at: 9:05 am

    cb gud mrng how do you see titan & godrej cmp today for intraday


  9. shiva Says:
    April 2nd, 2012
    Posted at: 9:08 am

    does jublfood look good?


  10. Subin Says:
    April 2nd, 2012
    Posted at: 9:09 am

    Hi wht abt hdil and dhanalakshmi bank target today


  11. sanzy Says:
    April 2nd, 2012
    Posted at: 9:10 am

    i am holding BankNifty 10500CE...
    pls advice should i continue holding or exit and enter any other stock...


  12. Amey Says:
    April 2nd, 2012
    Posted at: 9:13 am

    Hi CB

    What should be the trading strategy for today in Options market ?


  13. CB Says:
    April 2nd, 2012
    Posted at: 9:14 am

    Hi vipul07, yes. we can

    Hi rgitkare, good morning.can go long above 10300

    Hi micky-intrday, if unable to cross 550 for some time, one can go short

    Hi aba, Good morning. godrej looks better

    Hi shiva, yes. can enter on dips

    Hi Subin, it has resistance at 72-73. dont enter it yet

    Hi sanzy, its a hold. above 10300 it can head upto 10500


  14. CB Says:
    April 2nd, 2012
    Posted at: 9:14 am

    Hi Amey, can enter a ce if nifty crosses 5310


  15. ganesh Says:
    April 2nd, 2012
    Posted at: 9:16 am

    hi CB,
    i bought Bhusan steel @413..shall i book it now?


  16. CB Says:
    April 2nd, 2012
    Posted at: 9:17 am

    Hi ganesh, yes, book near 425

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