Quotes with Resistance & Support
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Intraday calls for 06-04-16

Posted on: April 6th, 2016 at 8:32 am

Markets likely to open flat. Support for Nifty is at 7530 and resistance at 7750. Bank Nifty has support at 15450 and resistance at 15900.

Sell Cummins India below 831, target: 818. Stoploss: 840. – (SL triggered in Cummins india)

10.24am – Exit 50% from Bank of India at 92.

12.44pm – Sell Cipla at 498.50, target: 490. Stoploss: 502 – (exit from Cipla at 501)

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134 Responses

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  1. Prakash Says:
    April 6th, 2016
    Posted at: 9:27 am

    Any view about PNB......?


  2. Manish Says:
    April 6th, 2016
    Posted at: 9:43 am

    CB sir, Holding Maruti 3800ce bought at 90. Currently trading at 30. What to do? hold? or exit and enter in another option?


  3. Jagadeesh Says:
    April 6th, 2016
    Posted at: 9:48 am

    Good monring ALl,

    CB sir Pfizer levels ..?


  4. Prashant Says:
    April 6th, 2016
    Posted at: 9:50 am

    Dear Sir

    Can I go long in Maruti FUT ??


  5. Kalairaj Says:
    April 6th, 2016
    Posted at: 9:53 am

    Shall I wait on Cummins ?


  6. CB Says:
    April 6th, 2016
    Posted at: 9:55 am

    Hi Kalairaj, yes, markets quite volatile

    Hi Prashant, no, looks weak

    Hi Jagadeesh, Good morning. it can test 1770

    Hi Manish, yes, hold for now. try and exit on rise near 3590-3600

    Hi Prakash, its a good short term bet. can test 88-90


  7. Manish Says:
    April 6th, 2016
    Posted at: 9:56 am

    Ok. Should I by cummins 800PE?


  8. CB Says:
    April 6th, 2016
    Posted at: 9:57 am

    Hi Manish, lets wait for some more time


  9. Manish Says:
    April 6th, 2016
    Posted at: 9:58 am

    Ok. Any suggestion, At what spot price I can enter?


  10. CB Says:
    April 6th, 2016
    Posted at: 9:59 am

    Hi Manish, below 830


  11. PKP Says:
    April 6th, 2016
    Posted at: 10:02 am

    Hi CB, Sir Gm, holding bank nifty pe any chance to go more down around 15500


  12. CB Says:
    April 6th, 2016
    Posted at: 10:03 am

    Hi PKP, Good morning. yes, possible see some downside later in the day. hold for now


  13. aparna Says:
    April 6th, 2016
    Posted at: 10:03 am

    Sir can I buy indigo at these levels.


  14. PKP Says:
    April 6th, 2016
    Posted at: 10:03 am

    Hi CB, thank you very much sir for the guidance....


  15. CB Says:
    April 6th, 2016
    Posted at: 10:03 am

    Hi aparna, no, not sure of a fresh entry now


  16. Paandu Says:
    April 6th, 2016
    Posted at: 10:03 am

    Hello Sir,

    How about Birlacot share? Shall I buy it for .04 CMP?

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