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Intraday calls for 03-04-12

Posted on: April 3rd, 2012 at 8:25 am

Markets likely to open a bit higher. Support for nifty is at 5300 and resistance at 5380

Buy Dr Reddys Laboratories at 1740, target: 1755-1760. Stoploss: 1722 – (opened at target)

10.09am – Book profit in LT at 1355

10.42am – Buy Divis lab at 770, target: 785. Stoploss: 758 (1-2 day hold) – (Continue to hold Divis lab.)

For a technical view on Ashok Leyland, Dr.Reddy’s and Exide industries, Click here:

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394 Responses

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  1. ani Says:
    April 3rd, 2012
    Posted at: 10:55 pm

    Hi Kartik,

    Wat abt [email protected] advice....wat will be the sl....n wat price shld i sell....cb SIR TOLD TO HOLD UPTO NIFTY 5380 MARK.....


  2. sheeja Says:
    April 3rd, 2012
    Posted at: 10:57 pm

    Ok thanks CB...


  3. DJ Says:
    April 3rd, 2012
    Posted at: 10:58 pm

    Thx SM
    lets c which way my "Future" goes


  4. Kartik Says:
    April 3rd, 2012
    Posted at: 11:07 pm

    Hi Azad, has rallied quite a lot lately, hold it with a SL at 66 (cash)

    Hi SAGAR |sagarblog.com |, hold it for another 2-3 days with a SL at 472 (cash)


    Hi RAVI, looks weak overall, avoid it

    Hi sheeja, most welcome

    Hi SM, GE

    Hi ani, hold it for another 1-2 days, keep a SL at 5320

    Hi Aman, resistance at 45 (,if broken can see higher levels of 50)

    Hi Naran, seems may see some profit booking, upto 5330 on NIfty, can recovery later during the day tough


  5. SM Says:
    April 3rd, 2012
    Posted at: 11:07 pm

    Hi DJ, Good pun :) Dont worry, things will be OK :)


  6. SM Says:
    April 3rd, 2012
    Posted at: 11:08 pm

    Hi Kartik, GE :)


  7. suzane Says:
    April 3rd, 2012
    Posted at: 11:10 pm

    Tommorow's target for CANARA BANK , RAJESH EXPORTS and BFUTI ... am in buy position with all three of them.


  8. Suhail Says:
    April 3rd, 2012
    Posted at: 11:10 pm

    I have purchased Dr Reddy today 1737, pls let me know whether to book loss or to HOLD. Any specific reason for going down.


  9. SK Says:
    April 3rd, 2012
    Posted at: 11:21 pm

    Axis bank target Tomorrow ?


  10. Sohan Says:
    April 3rd, 2012
    Posted at: 11:57 pm

    Hello CB,

    Good evening to you and all on forum

    No new Forex calls ?

    Sohan


  11. CB Says:
    April 4th, 2012
    Posted at: 1:18 am

    Hi SM, Good evening..

    Hi suzane, canara may remain a bit flat. rajesh can test 136. has resistance near 136. bfutility has resistance at 400 levels. if holds onto it, can see 420

    Hi Suhail, hold it for few days. does look strong. likely to do well

    Hi SK, can test 1190

    Hi Sohan, Good evening. no, as of now none. looking for some.


  12. Akash Says:
    April 4th, 2012
    Posted at: 8:06 am

    Hi CB, GM. Can I buy 5800 CE at CMP or may be 5600 CE for min 8-10 times return.


  13. CB Says:
    April 4th, 2012
    Posted at: 8:07 am

    Hi Akash, no, not sure of entering an out of money call yet


  14. CB Says:
    April 4th, 2012
    Posted at: 8:13 am

    Hi Akash, no, its bestto wait for a dip


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    May 3rd, 2012
    Posted at: 2:39 pm

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