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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Comment pages: 456789101112Show all

  1. Kb Trader Says:
    April 3rd, 2012
    Posted at: 9:27 am

    Hi CB, :) ...


  2. SS Says:
    April 3rd, 2012
    Posted at: 9:27 am

    Hi CB,
    GM, I've shorted Dr Reddy on my broker's recommendation. Pls suggest


  3. sanzy Says:
    April 3rd, 2012
    Posted at: 9:28 am

    hi CB/Kartik..GM...

    can i enter BankNifty pls suggest target


  4. AK Says:
    April 3rd, 2012
    Posted at: 9:28 am

    Can i enter adanient @ cmp for intraday target of 310-312?


  5. sudhir Says:
    April 3rd, 2012
    Posted at: 9:28 am

    Hi CB,
    I shorted nifty,IDFC and DLF with large quantity so can i hold or maintain stop loss?


  6. Akshi Says:
    April 3rd, 2012
    Posted at: 9:29 am

    Thank u cb


  7. Sanjay Says:
    April 3rd, 2012
    Posted at: 9:29 am

    Hi CB,
    Good Morning,
    What will be the intraday target of Alok ind. today?
    Pls advice.....


  8. micky-intrday Says:
    April 3rd, 2012
    Posted at: 9:29 am

    hie cb bought balmar today @ 563 where do u see it i think will see 575 whats ur view


  9. CB Says:
    April 3rd, 2012
    Posted at: 9:30 am

    Hi SS, technically it looks strong above 1700. would advice to exit on dips for now

    Hi sanzy, no, dont make a fresh entry now

    Hi AK, in small quantity

    Hi sudhir, yes, hold for now. keep common sl at 5380 on nifty

    Hi Akshi, most welcome


  10. sanzy Says:
    April 3rd, 2012
    Posted at: 9:30 am

    may i know why the premium in Banknifty and Nifty CE and PE are not moving as it used..
    is there any worry about this


  11. chhaya Says:
    April 3rd, 2012
    Posted at: 9:30 am

    can i by ashok leyland


  12. CB Says:
    April 3rd, 2012
    Posted at: 9:31 am

    Hi Sanjay, can see 21.30

    Hi micky-intrday, yes, can test 575


  13. CB Says:
    April 3rd, 2012
    Posted at: 9:31 am

    Hi chhaya, yes.


  14. vakulamalika Says:
    April 3rd, 2012
    Posted at: 9:31 am

    GOODMORNING CB AND FRIENDS.


  15. AK Says:
    April 3rd, 2012
    Posted at: 9:31 am

    Many thanks CB :)


  16. CB Says:
    April 3rd, 2012
    Posted at: 9:31 am

    Hi sanzy, not really sure yet

    Hi vakulamalika, Good morning.

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