Quotes with Resistance & Support
Market Information

Intraday calls for 08-04-10

Posted on: April 8th, 2010 at 8:23 am

Markets likely to see a flat opening. Nifty has support at 5350 and resistance at 5400.

Sell Oracle Financial Services Software Ltd at 2245.70, target: 2210. Stoploss: 2263 – (exit postions at 2248)

If markets show recovery later during the day, buy: Den Networks Ltd

Trade in small quantities.

1.01pm – book profits in SAIL futures at cmp 249. short call given yesterday

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669 Responses

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  1. Gitanjali Says:
    April 8th, 2010
    Posted at: 2:02 pm

    Hi preeti, sail is at 241 ...u booked full did u? wish u hadn't...there is selling pressure there...


  2. preeti Says:
    April 8th, 2010
    Posted at: 2:05 pm

    Hi Gitanjali, thanks :) but nw its 241.. greed has no limits.. i guess


  3. Akash Says:
    April 8th, 2010
    Posted at: 2:05 pm

    How about JUBLFOOD in intraday if it can recover and cross 425. Pls suggest.


  4. LEO Says:
    April 8th, 2010
    Posted at: 2:06 pm

    Hi Everybody!

    don't go short ..... It risky................ News gathered


  5. LEO Says:
    April 8th, 2010
    Posted at: 2:07 pm

    Karthik....

    Any support u found in nifty ..............


  6. rsk Says:
    April 8th, 2010
    Posted at: 2:09 pm

    Hi CB.. shorted Hindalco 1400 @ 179.50.. can i hold or exit? whats target and stoploss?


  7. LEO Says:
    April 8th, 2010
    Posted at: 2:10 pm

    kartik / Cb,

    Any technical / Strong support find @ 5277 .. kindly let me know


  8. Gitanjali Says:
    April 8th, 2010
    Posted at: 2:12 pm

    Hi preeti, I Know...so true :)


  9. Kartik Says:
    April 8th, 2010
    Posted at: 2:12 pm

    Hi Gitanjali, dont go short on Kingfisher Airlines Ltd yet, wait for some time

    Hi Mukherjee, dont enter it yet

    Hi stalin, not likely

    Hi LEO, at 5300

    Hi rsk, hold it for Short term, it can see 200+ levels


  10. LEO Says:
    April 8th, 2010
    Posted at: 2:12 pm

    kartik.....

    Internal Technical team provide - Next resistance @ 5550 . Kindly cnfm me if u found it correct ...............


  11. BILL_S Says:
    April 8th, 2010
    Posted at: 2:13 pm

    hello can i buy JAI CORP. @ curr. price ?


  12. Kartik Says:
    April 8th, 2010
    Posted at: 2:13 pm

    Hi bs, dont enter it yet

    Hi dm, book profits in it around 295 levels, hold it for some more time


  13. rashid Says:
    April 8th, 2010
    Posted at: 2:13 pm

    exited put,,,,,,,,one 5300 put left,,,,,,,,,,,,also 3 lots of 5400 call,,,,,,,,,,,,may i hold on to call,,,,,,,,


  14. Hema Says:
    April 8th, 2010
    Posted at: 2:14 pm

    HI CB, MARKET WILL CLOSE - OR + TODAY


  15. akash Says:
    April 8th, 2010
    Posted at: 2:14 pm

    kartik...............can we short IDEA at current levels or can buy 60 PUT of for may series?


  16. preeti Says:
    April 8th, 2010
    Posted at: 2:14 pm

    Hi Kartik, is this the much awaited "correction" or we mgt see a bounce again??

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