Quotes with Resistance & Support
Market Information

Intraday calls for 05-04-16

Posted on: April 5th, 2016 at 8:31 am

Markets likely to open lower. Support for Nifty is at 7650 and resistance at 7770. Bank Nifty has support at 16000 and resistance at 16300.

No pre-market call for today. Continue to hold Bank of India – (Hold for intraday)

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140 Responses

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  1. nsefan Says:
    April 5th, 2016
    Posted at: 5:23 pm

    Hi CB, Sir I'm in big loss in BOI CEs. To hedge I've entered 15500 PE. Please guide further.


  2. siva Says:
    April 5th, 2016
    Posted at: 6:05 pm

    Cb bought relaxo at 506.75 , targeting BTST for 530 possible??


  3. CB Says:
    April 5th, 2016
    Posted at: 6:46 pm

    Hi siva, its rallied quite a bit in coming days. can test 512 tomorrow. hold for now. dont add more yet

    Hi nsefan, yes, sorry for the loss on this one. shall hold bank nifty pe.below 15500 can test 15250


  4. Ranga Says:
    April 5th, 2016
    Posted at: 6:53 pm

    Helo Guru, having Amara raja batteries at 901, can you give views if I hold it for few days? or should I exit??


  5. Vijay Says:
    April 5th, 2016
    Posted at: 7:01 pm

    Hi CB sir,
    Holding SpiceJet @ 68.8, Please suggest near term (2-3 days) target for it.


  6. Hiten Says:
    April 5th, 2016
    Posted at: 7:08 pm

    ABB India... Strong buy... Tgt-1400++
    Source:-----BL:--------BENGALURU, APRIL 5: ABB has signed a memorandum of understanding (MoU) with the Indian Institute of Technology Madras (IITM) to enter into technical co-operation to build microgrids as well as joint R&D in the field of rural electrification, utilisation of natural non-fossil resources, battery energy storage and their connection to loads and main grid.The agreement also includes internship opportunities for post-graduate students of IITM given that the Indian scenario related to microgrids is expected to evolve rapidly in the coming years. With thousands of Indian villages still un-electrified, decentralised microgrids are a viable solution to power these villages.A low-maintenance microgrid has the potential to eliminate dependence on expensive diesel fuel and the grid.IITM has been doing pioneering work over the last few years developing and demonstrating solar-based energy-efficient DC homes. ABB, a global power and automation major, has a strong portfolio of products for renewable energy integration, distribution and automation of interconnected renewable energy sources that form local microgrids.IITM and ABB will jointly work to design, build and supply equipment for up to two such microgrids in rural areas. Along with ABB equipment, the microgrid will enable homes to be fitted with energy-efficient DC devices such as LED bulbs, TV, cell-phone charges, brushless DC motor-based fans, specially designed by IITM. The project will be managed by IITM till the transfer of the installations to the local distribution utility“This is a great opportunity to combine our expertise with bright young minds from this renowned institute to devise and deploy solutions tailored for India,” said ABB CEO Ulrich Spiesshofer. “Microgrids technology is an important part of our Next Level strategy and well poised to make the Indian government’s vision of power to all a reality by providing access to energy and ensuing economic empowerment to the people.”At the end of last year, ABB had set up India’s first multi-source urban microgrid in the heart of Delhi to power its flagship event, Automation and Power World.


  7. sameer Says:
    April 5th, 2016
    Posted at: 7:13 pm

    how to calculate puts and calls delta


  8. Rajasekar Says:
    April 5th, 2016
    Posted at: 7:16 pm

    Hi CB, sir, i m holding 8100ce@20 (3 Lots) what can i do, can i hold this ??

    if Nifty fall below 7550 & BN belwo 15500 can i enter this both PE


  9. narendra.v Says:
    April 5th, 2016
    Posted at: 7:29 pm

    Hi. .cb. .sir. .
    I bought maruti 3600.ce hold or exit. Please advise .support and sl.


  10. siva Says:
    April 5th, 2016
    Posted at: 7:30 pm

    HI CB , since i am new to stocks , i didnt get the terms rally , book profit, dips , DIYSIP any basic articles on this topics


  11. CB Says:
    April 5th, 2016
    Posted at: 8:56 pm

    Hi siva, no, not really sure of any article on these terms. rally means markets are moving higher non-stop. book profit means you sell your shares and take the profit from it. dips means wait for a downside.

    Hi narendra.v, it did give a negative breakout today. hold with sl at 3540 for now

    Hi Rajasekar, pe's are a hold. exit from out of money call for now

    Hi sameer, hope this helps: http://www.option-price.com/

    Hi Hiten, thanks for sharing the same

    Hi Vijay, it can test 74 in coming days. looks good

    Hi Ranga, yes, it does look good. hold for few days. can test 925


  12. rishikanta Says:
    April 5th, 2016
    Posted at: 10:13 pm

    hi sir i bought 2 lots of
    powergrid 145 ce today at 1.65 plz sugest what to do


  13. Hegde Says:
    April 5th, 2016
    Posted at: 10:18 pm

    Hi CB sir

    What are thar chances of nifty recovery?
    Holding nifty ce


  14. Prince Mayank Says:
    April 5th, 2016
    Posted at: 10:37 pm

    Hi CB, Good Evening , Today bought CEAT @ 1057 and BIOCON @ 529 ... Ur suggestion on both counter plzz ... what target you suggest for tommorow ??


  15. CB Says:
    April 6th, 2016
    Posted at: 7:46 am

    Hi Prince Mayank, Good morning. CEAT is a hold with sl at 1038 for now. below this could fall further. Biocon can test 536.

    Hi Hegde, possible see a small bounce. hold ce for now. sl near 7570

    Hi rishikanta, its a hold for 2-3 days. keep sl at 137. can test 143

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