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. ganesh Says:
    April 3rd, 2012
    Posted at: 1:46 pm

    Risky intraday Short MCDOWELL-N at 687 target of 680-681. SL 690


  2. Madhu Says:
    April 3rd, 2012
    Posted at: 1:50 pm

    Hi ashutosh, Is that a intraday target? I am on short sell for intraday.


  3. ashutosh Says:
    April 3rd, 2012
    Posted at: 1:52 pm

    HI DIVYA, INTRADAY BUY HDIL AT 88.50 TGT 91.50


  4. Siddharth Says:
    April 3rd, 2012
    Posted at: 1:53 pm

    Hello

    bought Onmobile @ 63.90 qty 1500
    bought vardhman polytex @ 71.10 qty 1000

    both are down .
    what do u suggest
    should i hold it or exit.....
    pls suggest , guide me.


  5. ashutosh Says:
    April 3rd, 2012
    Posted at: 1:54 pm

    MADHU, STOCK NAME OF QUERY?


  6. ganesh Says:
    April 3rd, 2012
    Posted at: 1:56 pm

    Intraday Short call on MCDOWELL_N target done at 681. Now 679


  7. ashutosh Says:
    April 3rd, 2012
    Posted at: 1:57 pm

    ON MOBILE IF BREAKS 64.20 CAN GO UPTO 66.70


  8. SS Says:
    April 3rd, 2012
    Posted at: 1:59 pm

    Hi ashutosh,
    wht cud be nifty down tgt for today ?


  9. ashutosh Says:
    April 3rd, 2012
    Posted at: 2:01 pm

    NIFTY CAN GO UPTO 5490 IF BREAKS 5387


  10. akila Says:
    April 3rd, 2012
    Posted at: 2:14 pm

    hi anyone, please tell today's maximum upside possible in essar oil...........cmp 59 at 7% up..will it cross 60?


  11. Vibhu Says:
    April 3rd, 2012
    Posted at: 2:17 pm

    hi all


  12. ashutosh Says:
    April 3rd, 2012
    Posted at: 2:18 pm

    YES AKILA, IT WILL CROSS 60 BUT SUPPLY CAN ALSO BE SEEN AT 60.45 IMMEDIATELY


  13. SK Says:
    April 3rd, 2012
    Posted at: 2:24 pm

    Can I short Axis bank @cmp?


  14. ashutosh Says:
    April 3rd, 2012
    Posted at: 2:28 pm

    nifty ka intraday correction shyad complete ho gaya..............


  15. subodh Says:
    April 3rd, 2012
    Posted at: 2:28 pm

    CB...Holding one call-5400....Should i carry it tomorrow also or square it off in loss?


  16. ashutosh Says:
    April 3rd, 2012
    Posted at: 2:29 pm

    get ready guys to see the levels 5386 enjoy......................

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