Quotes with Resistance & Support
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Intraday calls for 08-04-11

Posted on: April 8th, 2011 at 8:29 am

Markets likely to see a flat opening. Nifty has support at 5860 and resistance at 5940

Buy EID Parry (India) Ltd at 227.20, target: 235. Stoploss: 221 – (exit from EID parry at 223.50-224)

9.15am – book profit in Koutons (BTST) at 40.50-41

Trade in small quantities

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644 Responses

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  1. CB Says:
    April 9th, 2011
    Posted at: 8:42 pm

    Hi rana, most welcome. go with 5900 call once nifty nears 5780-5800

    Hi RAMSINGH, could see some profit booking for now. in short term can see 160.


  2. gaps Says:
    April 9th, 2011
    Posted at: 8:43 pm

    Hi CB, how is Zerodha online broking services?


  3. CB Says:
    April 9th, 2011
    Posted at: 8:44 pm

    Hi gaps, no, not really sure about it.


  4. Raman Says:
    April 9th, 2011
    Posted at: 8:59 pm

    Can i enter suzlon call on monday.


  5. Swapnil Says:
    April 9th, 2011
    Posted at: 9:06 pm

    hi
    wat wud b the market like in the coming week...?
    why is the premium in options so less this month..?


  6. ARIJIT Says:
    April 9th, 2011
    Posted at: 9:38 pm

    Hi CB,
    holding VOLTAS at ₹ 255, where to avg.?


  7. CB Says:
    April 9th, 2011
    Posted at: 9:42 pm

    Hi Raman, I replied in the queries section. "not yet. enter it on dips near 52.50-53"

    Hi Swapnil, as of now seems may open flat. has strong support at 5750-5780 levels. if holds onto these can see a bounce from here

    Hi ARIJIT, avg it near 175


  8. Abdullah Says:
    April 9th, 2011
    Posted at: 9:46 pm

    Hi CB / Kartik, Any information about my query at 4:43pm ? If you know, plz tell me...


  9. Kb Says:
    April 9th, 2011
    Posted at: 9:47 pm

    Hi CB, CBBBBBB ..

    hear http://www.youtube.com/watch?v=lWBZypQpwSM


  10. Kb Says:
    April 9th, 2011
    Posted at: 9:48 pm

    Hi ARIJIT, correctly entered at top .. and why u didn't avg around 150 ?? bad trade .


  11. Kb Says:
    April 9th, 2011
    Posted at: 9:50 pm

    Hi ARIJIT, well. .. not a problem, will get more opportunities .. :) as far as it trades in exchange , we can exit with profit :)


  12. ARIJIT Says:
    April 9th, 2011
    Posted at: 9:51 pm

    Hi CB,
    ok, can VOLTAS SEE 225-230 AGAIN?


  13. Aman Says:
    April 9th, 2011
    Posted at: 10:23 pm

    Hi CB..>>
    What abt ARSS & RECLTD in short term.. Can i short them on monday from my holding to cover later..


  14. CB Says:
    April 9th, 2011
    Posted at: 10:23 pm

    Hi Abdullah, no, not really sure about it

    Hi Kb, :)

    Hi ARIJIT, yes. its a good bet fundamentally


  15. Sanjoy Das Says:
    April 9th, 2011
    Posted at: 10:24 pm

    Hi Cb what could be the target of Arvind and Delta on Monday. Will it be upside or downside.


  16. CB Says:
    April 9th, 2011
    Posted at: 10:25 pm

    Hi Aman, it can see 650 in short term. hold it for now. rec if breaks 248, sell for now and enter again on dips near 238

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