Quotes with Resistance & Support
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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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Comment pages: 202122232425262728Show all

  1. jit... Says:
    April 4th, 2011
    Posted at: 3:12 pm

    if tommorow we opens up above 5920,,can we see 600 levels,,holding short


  2. Vishal Says:
    April 4th, 2011
    Posted at: 3:12 pm

    Hi CB, I have 50 Gitanjali @ 266, Can i buy some more for short term


  3. vandana Says:
    April 4th, 2011
    Posted at: 3:13 pm

    and what about tata chemical. pl advice


  4. CB Says:
    April 4th, 2011
    Posted at: 3:13 pm

    Hi nattubhai, can see 22 in short term

    Hi jit..., yes, if global markets are strong, can see 6000 in 1-2 days.. but technically are overbought. should see profit booking soon


  5. Vishal Says:
    April 4th, 2011
    Posted at: 3:14 pm

    Hi CB, ARSS... Buy, Hold or Sell for short term ???


  6. CB Says:
    April 4th, 2011
    Posted at: 3:14 pm

    Hi Vishal, dont add more yet. lets hold

    Hi vandana, can see 355. hold it.


  7. ARAVIND Says:
    April 4th, 2011
    Posted at: 3:14 pm

    Hi CB,
    shorterm tgt of kajaria ceramics pls. which l holding @79.


  8. CB Says:
    April 4th, 2011
    Posted at: 3:14 pm

    Hi Vishal, yes, enter in small quantity


  9. CB Says:
    April 4th, 2011
    Posted at: 3:14 pm

    Hi ARAVIND, can see 86.


  10. Das Says:
    April 4th, 2011
    Posted at: 3:15 pm

    any nifty options recommedation?


  11. namonias Says:
    April 4th, 2011
    Posted at: 3:15 pm

    sir short relcap@613 canhold for tomorrow or exit today


  12. jit... Says:
    April 4th, 2011
    Posted at: 3:15 pm

    may i exit short today in loss and ener again tommorow


  13. CB Says:
    April 4th, 2011
    Posted at: 3:15 pm

    Hi Das, no, not yet

    Hi namonias, its a hold.


  14. manoj Says:
    April 4th, 2011
    Posted at: 3:16 pm

    hi cb

    what are the level for nifty till friday if tomorrow start above5920


  15. sekhar Says:
    April 4th, 2011
    Posted at: 3:16 pm

    hi "CB" i tried to hedge my shorts on " SINTEX" future with buying call option , but there is no buyers or sellers , what to do now , can i revert my trade from short to long


  16. CB Says:
    April 4th, 2011
    Posted at: 3:17 pm

    Hi jit..., not yet hold it for now.

Comment pages:202122232425262728Show all

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