Intraday calls for 03-04-12

Quotes with Resistance & Support

Market Information

Intraday calls for 03-04-12

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

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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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ganesh Says:
April 3rd, 2012
Posted at: 8:54 am
Hi CB, looks like there are more than one ganesh. :)
ham Says:
April 3rd, 2012
Posted at: 8:55 am
Good morning CB....... I think markets are not yet bottomed out, more likely to test 5050 as i said before..... what do u say ??? Thank u.........:)
rgitkare Says:
April 3rd, 2012
Posted at: 8:55 am
gm cb sir, what will be the strategy in nifty today?
CB Says:
April 3rd, 2012
Posted at: 8:56 am
Hi akila, seems could test 5380-5400 once. not sure if it could rally further.. yes, advanta is a hold. suryajyothi too looks good
Hi AJ, no, not sure
Hi Prashant, no, not sure of any specific sector yet
Hi ganesh, most welcome.
Hi ganesh, :)
aba Says:
April 3rd, 2012
Posted at: 8:56 am
cb l&t intraday entry & TGT plssssssssssssssssssss
CB Says:
April 3rd, 2012
Posted at: 8:57 am
Hi ham, Good morning. not sure yet.. does have resistance near 5380. lets see
Hi rgitkare, Good morning. can look to short on rise if european markets open a bit lower. as of now no call on it
shashi Says:
April 3rd, 2012
Posted at: 8:57 am
GM...cb sir.........
can i enter tata steel [email protected]
ple tell me....cb sir....
CB Says:
April 3rd, 2012
Posted at: 8:57 am
Hi aba, dont enter if opens 10-15 points higher
Hi shashi, Good morning. no, dont enter it yet. enter if crosses 480
akila Says:
April 3rd, 2012
Posted at: 8:57 am
thanku!
CB Says:
April 3rd, 2012
Posted at: 8:58 am
Hi akila, most welcome.
ani Says:
April 3rd, 2012
Posted at: 8:58 am
Hi CB,
Sir holding [email protected] advice at price shld i sell...n wat will be the SL....
CB Says:
April 3rd, 2012
Posted at: 9:00 am
Hi ani, its a hold. book near 5380-5400
shashi Says:
April 3rd, 2012
Posted at: 9:00 am
thanks cb ..sir...
CB Says:
April 3rd, 2012
Posted at: 9:00 am
Hi shashi, most welcome.
ham Says:
April 3rd, 2012
Posted at: 9:02 am
Hi CB, Thank u CB....... All the best !!!
CB Says:
April 3rd, 2012
Posted at: 9:02 am
Hi ham, most welcome..