Quotes with Resistance & Support
Market Information

Intraday calls for 06-04-11

Posted on: April 6th, 2011 at 8:26 am

Markets likely to open flat. Resistance for nifty is at 5930

Buy Satyam Computer Services Ltd at 70.60, target: 73.50. Stoploss: 68.50 – (book profit at 73.60)
Buy Deccan Chronicle Holdings Ltd at 85.45, target: 88. Stoploss: 82.80 – (book profit at 88.80)

9.34am – Book profit in Gitanjali gems at 275.

11.12pm – buy suzlon at 51.50, target: 53.50-54. stoploss: 49.50 (1-2 day hold) – (book profit at 53.50)

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548 Responses

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  1. nifty 50 Says:
    April 6th, 2011
    Posted at: 1:29 pm

    Market is showing strength and build-up in call/put option shows that we should stay long only. Even if market falls a little it will bounce back soon. Buy on dips should be your trading rule for now.....

    CALL- 09718979319


  2. Akash Says:
    April 6th, 2011
    Posted at: 1:30 pm

    Hi CB, Holding BPL at 31.50. Can I hold for target 36+ in 2-3 days or buy HDIL or RIIL?


  3. CB Says:
    April 6th, 2011
    Posted at: 1:31 pm

    Hi Achauhan, yes, looks good. can see 60-61

    Hi nifty 50, thanks.


  4. CB Says:
    April 6th, 2011
    Posted at: 1:31 pm

    Hi Akash, hold it. can see 33.


  5. Vishal Says:
    April 6th, 2011
    Posted at: 1:31 pm

    Hi CB, Excel what to do ? Can we see 45 in short term


  6. Achauhan Says:
    April 6th, 2011
    Posted at: 1:32 pm

    thanks cb. :)


  7. CB Says:
    April 6th, 2011
    Posted at: 1:32 pm

    Hi Vishal, yes, can test 45. hold it. has been volatile lately


  8. CB Says:
    April 6th, 2011
    Posted at: 1:32 pm

    Hi Achauhan, most welcome.


  9. Vishal Says:
    April 6th, 2011
    Posted at: 1:33 pm

    Hi CB, Also should i book profit in Edserv or hold for a target of 158


  10. vinod Says:
    April 6th, 2011
    Posted at: 1:33 pm

    Hi CB gud afternoon,
    can u pls tel me which stocks to invest for short term from below Baroda Extrusion
    Mukesh Strips
    Empower industries India
    Burnpur Cement Ltd.
    Speciality Paper


  11. CB Says:
    April 6th, 2011
    Posted at: 1:33 pm

    Hi Vishal, book partial for now


  12. CB Says:
    April 6th, 2011
    Posted at: 1:34 pm

    Hi vinod, go with speciality paper in small quatnity


  13. cvrprakash Says:
    April 6th, 2011
    Posted at: 1:34 pm

    Hi CB,

    Can I buy Union Bank of India @ CMP?
    My broker gave me a call on that for a target of 400.
    Please suggest.


  14. YASH Says:
    April 6th, 2011
    Posted at: 1:35 pm

    CB
    Can i buy reliance now


  15. CB Says:
    April 6th, 2011
    Posted at: 1:35 pm

    Hi cvrprakash, looks good above 350. enter in small quantity for now.


  16. CB Says:
    April 6th, 2011
    Posted at: 1:36 pm

    Hi YASH, is facing resistance at 1050. don't enter it yet.

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