Quotes with Resistance & Support
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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. smarty Says:
    April 3rd, 2012
    Posted at: 11:51 am

    Hi Imran Khan, do u trade in derivative ??bcz m having some tips from my axisdirect ??


  2. Kb Trader Says:
    April 3rd, 2012
    Posted at: 11:52 am

    Nifty future > good support around 5300 levls.. expect only minor p.booking .. and strong bull can come in. . :)


  3. Imran Khan Says:
    April 3rd, 2012
    Posted at: 11:53 am

    Hi Krishan,

    hope you will earn more then this amount, just my advise if your trading in options never over trade. :) best of luck for your call option


  4. fzwd Says:
    April 3rd, 2012
    Posted at: 11:55 am

    hi KB Trader
    GM . . .
    your views on IVRCL intraday !!?
    :) f


  5. SS Says:
    April 3rd, 2012
    Posted at: 11:56 am

    Hi Kb Trader,
    Im short on Dr Reddy..pls suggest


  6. Imran Khan Says:
    April 3rd, 2012
    Posted at: 11:56 am

    Hi KB,

    I am also bullish on market for now, hope for the best, just my view is that may be in a 1 or 2 market will correct now for 80 to 100 points, and then it will move up.

    what is your suggestion, anyways how is your trading today


  7. Sanjay Says:
    April 3rd, 2012
    Posted at: 11:56 am

    Hi CB,
    Now can i enter into Alok Ind.. for intraday?


  8. shashi Says:
    April 3rd, 2012
    Posted at: 11:59 am

    hi cb sir ....
    can i enter tcs [email protected]
    ple ..tell me ..sir..


  9. divya Says:
    April 3rd, 2012
    Posted at: 12:00 pm

    holding TCS at 1190...
    in loss now...i can wait for 1-2days...
    pls suggest the target in near term...


  10. Kb Trader Says:
    April 3rd, 2012
    Posted at: 12:00 pm

    Hi fzwd, i replied earlier, "can see some p. booking"

    Hi SS, its p.booking... exit on dips. .


  11. SAI Says:
    April 3rd, 2012
    Posted at: 12:04 pm

    HI KB then shall i hold my 5400 ce


  12. SAI Says:
    April 3rd, 2012
    Posted at: 12:05 pm

    Hi Kb i placed selling near 99


  13. Imran Khan Says:
    April 3rd, 2012
    Posted at: 12:06 pm

    Hi SAI,

    I am also holding call with sl 5300,


  14. Mahesh Says:
    April 3rd, 2012
    Posted at: 12:10 pm

    Hi Imrankhan congrats...


  15. smarty Says:
    April 3rd, 2012
    Posted at: 12:12 pm

    Hi Imran Khan, m going in loss bt i will hedge insha-allah...


  16. fzwd Says:
    April 3rd, 2012
    Posted at: 12:13 pm

    thanks KB
    the earlier reply wasn't showing on my screen !!
    :) f

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