Quotes with Resistance & Support
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Intraday calls for 05-04-10

Posted on: April 5th, 2010 at 8:19 am

Markets likely to see a positive opening. Nifty has resistance at 5330 and support at 5250.

Buy Nava Bharat Ventures Ltd at 415.50, target: 427. Stoploss: 408 – (book profits at 425)

10.22pm – Buy 5300 put at cmp 78, target: 100. Stoploss: 5350 – (SL triggered)

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623 Responses

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  1. CB Says:
    April 5th, 2010
    Posted at: 12:27 pm

    Hi suresh, yes.

    Hi suzane, yes, hold it. should see a bounce soon

    Hi NSE_Trader, yes, book partial here. has strong resistance at 980-1000


  2. Geetha Says:
    April 5th, 2010
    Posted at: 12:28 pm

    can i buy hind copper @cmp for intra day


  3. CB Says:
    April 5th, 2010
    Posted at: 12:28 pm

    Hi shiva, yes, could see some selling pressure.

    Hi Akela, no, dont enter it yet. looks a bit weak.


  4. sri Says:
    April 5th, 2010
    Posted at: 12:28 pm

    @ DS, use :,-,(. That's it
    :-)


  5. YASH Says:
    April 5th, 2010
    Posted at: 12:28 pm

    Hi CB
    wat could be today's market


  6. tuff money Says:
    April 5th, 2010
    Posted at: 12:29 pm

    hi cb,


    can i short tatamotors at these levels? is downside on nifty likely today?


  7. CB Says:
    April 5th, 2010
    Posted at: 12:29 pm

    Hi Geetha, not sure about it

    Hi YASH, may remain flat from here it seems


  8. Gauri Says:
    April 5th, 2010
    Posted at: 12:29 pm

    CB tata Elxsi has hit SL 323 n now trading @ 324.4 i have purchase at 327.1 so what should i do sorry 2 bother u again


  9. CB Says:
    April 5th, 2010
    Posted at: 12:29 pm

    Hi tuff money, dont go short yet. lets see how europe opens


  10. DS Says:
    April 5th, 2010
    Posted at: 12:29 pm

    Dear CB,

    I have a ITC 260 PUT...it had fallen low and now its started to rise....shd i exit or hold onto PUTS? Are markets expected to show some sort of Profit Booking later on in the week?

    Warm Regards,

    DS


  11. CB Says:
    April 5th, 2010
    Posted at: 12:30 pm

    Hi Gauri, it has strong support at 220-223. should see some bounce from here.


  12. shiva Says:
    April 5th, 2010
    Posted at: 12:31 pm

    pls suggest me abt subhash…i had bot @ 164 long back…now it has moved up to 160..wat to do… i think u r also hollding this right?


  13. CB Says:
    April 5th, 2010
    Posted at: 12:31 pm

    Hi DS, keep sl at 267 and hold it. it usually moves in the opposite direction of nifty


  14. Atmaram Says:
    April 5th, 2010
    Posted at: 12:31 pm

    What is the status of Tulip Tele - @ CMP is it a buy / sell ?


  15. Kb Says:
    April 5th, 2010
    Posted at: 12:31 pm

    Hi cb. .

    how to know that, a move is a operator driven / not ??


  16. Mukherjee Says:
    April 5th, 2010
    Posted at: 12:32 pm

    hi cb,
    i was planning to buy 5300 PE. but nifty has spent one hour above 5330.
    should i still buy it or wait for 5350 level

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