Quotes with Resistance & Support
Market Information

Intraday calls for 04-04-11

Posted on: April 4th, 2011 at 8:30 am

Markets likely to open a bit higher. Resistance for nifty is at 5880-5900 and support at 5780

Buy Aban Offshore Ltd at 643-645, target: 656. Stoploss: 630
Buy Patel Engineering Ltd at 147-148, target: 153. Stoploss: 144 (book profits at 154)

10.27am – buy Gitanjali Gems at 266.30, target: 274. Stoploss: 261 – (Continue to hold till tomorrow)

Trade in small quantities.

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499 Responses

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  1. Vishal Says:
    April 4th, 2011
    Posted at: 2:22 pm

    Hi CB, What is the short term target for Gitanjali Gems


  2. CB Says:
    April 4th, 2011
    Posted at: 2:22 pm

    Hi kamlesh, yes, above 295 can see 320


  3. suzane Says:
    April 4th, 2011
    Posted at: 2:24 pm

    Hi CB, what to do with UNITECH ... is it good to hold for term ?


  4. SAI Says:
    April 4th, 2011
    Posted at: 2:24 pm

    hi CB not replied me on Gitanjali gems. Shall I exit


  5. Abc Says:
    April 4th, 2011
    Posted at: 2:24 pm

    i shorted patel eng @ 164 for intraday.shall i book loss??


  6. CB Says:
    April 4th, 2011
    Posted at: 2:25 pm

    Hi Vishal, around 295

    Hi suzane, yes, its a good bet

    Hi SAI, its a hold for now. can see bounce soon

    Hi Abc, yes, try and exit on any dip for now. is seeing short covering.


  7. SAI Says:
    April 4th, 2011
    Posted at: 2:26 pm

    ok CBji thanks.


  8. namonias Says:
    April 4th, 2011
    Posted at: 2:26 pm

    short relcapfuture@613 nowveryhigh pleadse advice


  9. CB Says:
    April 4th, 2011
    Posted at: 2:27 pm

    Hi SAI, most welcome


  10. suzane Says:
    April 4th, 2011
    Posted at: 2:27 pm

    Hi CB, can i think of 150-170 in 2-3 year horizon ?? even rumours heard about it ... can i be another DBREALTY ?? coz continously am investing in it heavily ... can i think of minimum 150 ??


  11. CB Says:
    April 4th, 2011
    Posted at: 2:28 pm

    Hi namonias, hold it. if possible hedge with a 630 call.


  12. palanivel Says:
    April 4th, 2011
    Posted at: 2:28 pm

    HI CB H R U? TODAY CLOSING NIFTY DOWN OR UP LEVEL PLEASE REPLY ME CB SIR.


  13. nitin Says:
    April 4th, 2011
    Posted at: 2:28 pm

    Hi Cb, there are no buyer, seller available in sintex another than april future. how to hedge it :(


  14. manoj Says:
    April 4th, 2011
    Posted at: 2:28 pm

    hi cb

    today i buy nifty 5600 put @40 now it is @24 what can i do


  15. vandana Says:
    April 4th, 2011
    Posted at: 2:29 pm

    hi cb whats the target of jubilant food for today or for next week?


  16. gayaram Says:
    April 4th, 2011
    Posted at: 2:29 pm

    cb, noida, 3iinfo, excelinfo, adhunik are a hold or exit using this hike in market?

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