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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Comment pages: 67891011121314Show all

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

    Hi micky-intrday, hold for now. both are near resistance levels.


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

    Hi akila, most welcome.


  3. Vishal Says:
    April 2nd, 2012
    Posted at: 10:43 am

    Hi CB, Can i enter a CE abv 5295 with SL 5290 for now ?


  4. test Says:
    April 2nd, 2012
    Posted at: 10:45 am

    is it possible bahrti see 345+ and tatasteel 480 within one or two days?


  5. smarty Says:
    April 2nd, 2012
    Posted at: 10:46 am

    thnxxx alottt cb i bought tata steel...what will b the tgt & sl


  6. Kb Trader Says:
    April 2nd, 2012
    Posted at: 10:46 am

    Buy on dips >> ORCHIDCHEM .. looks good


  7. sanzy Says:
    April 2nd, 2012
    Posted at: 10:47 am

    pls suggest your view on BankNifty..
    i am holding 10500CE


  8. Karan Sharma Says:
    April 2nd, 2012
    Posted at: 10:48 am

    Thanks for the Answer CB.

    What should be my stop loss in Central Bank.

    Can i Sell Adani Power or Canara Bank @ CMP?


  9. Arun Says:
    April 2nd, 2012
    Posted at: 10:48 am

    HI CB,

    Shall i buy Renuka Sugar ?


  10. micky-intrday Says:
    April 2nd, 2012
    Posted at: 10:49 am

    cb market may see downside rapidly whats ur view


  11. CB Says:
    April 2nd, 2012
    Posted at: 10:49 am

    Hi Vishal, no, dont keep a small sl yet

    Hi test, yes. look good

    Hi smarty, most welcome. can see 478

    Hi Kb Trader, thanks

    Hi sanzy, above 10300 can see 10450


  12. CB Says:
    April 2nd, 2012
    Posted at: 10:50 am

    Hi Karan Sharma, keep sl near 103. dont short adani yet

    Hi Arun, yes, in small quantity

    Hi micky-intrday, not sure yet.. global markets are going flat.


  13. Kb Trader Says:
    April 2nd, 2012
    Posted at: 10:50 am

    Hi CB, :)


  14. ttsathya Says:
    April 2nd, 2012
    Posted at: 10:50 am

    CB CB Bt IDEA Fut @99.2. Pl guide.


  15. CB Says:
    April 2nd, 2012
    Posted at: 10:51 am

    Hi ttsathya, book near 101 for now


  16. bhavin Says:
    April 2nd, 2012
    Posted at: 10:52 am

    Hello Cb,
    Tata Steel Bought @ CMP (470-473) & SL 443 Tgt 502.... (Keep Must Delivery SL)

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