Intraday calls for 08-04-13

Quotes with Resistance & Support

Market Information

Intraday calls for 08-04-13

Posted on: April 8th, 2013 at 8:24 am

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Markets likely to open flat, support for Nifty at 5510, resistance at 5620

Buy SBIN around 2052, target: 2075, SL 2030 (strong support at 2035) – (SL triggered in SBI)

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249 Responses

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cvrprakash Says:
April 8th, 2013
Posted at: 9:06 pm
Dear CB / Kartik,
Seems like Yes bank is forming good base near 420.
Do you think its a good place to enter?
Buying a bank stock now is fine? Seems you too posted a buy on SBI today.
Please share your view.
Thanks.
surya Says:
April 8th, 2013
Posted at: 9:09 pm
Hello CB,
Can You Suggest a Great Book for studying Technical Tools.
Thanks
Surya
j k nambiar Says:
April 8th, 2013
Posted at: 9:14 pm
good evening cb and kartik sirs. your view on nifty please. many thanks.
Kartik Says:
April 8th, 2013
Posted at: 9:29 pm
Hi cvrprakash, banking stocks seem to be trading weak, would be better to avoid it for now
Hi surya, here's a good one: http://www.mediafire.com/?2paeoqo6u6hsj4t
Hi j k nambiar, Good evening, it looks weak overall, strong support at 5520, if broken seems can see lower levels ahead
msj Says:
April 8th, 2013
Posted at: 9:47 pm
hiiii cb .........any levels for bank nifty tommorow
Kartik Says:
April 8th, 2013
Posted at: 10:04 pm
Hi msj, seems may continue to trade lower tomorrow, can see around 10900 lvls in 1-2 days
cvrprakash Says:
April 8th, 2013
Posted at: 10:30 pm
Hi Kartik,
Please give me 3 stocks for 2013 which I can accumulate irrespective of the price/trend now with trust that its going to give me 20-25% return in 1 year.
Thanks.
Kartik Says:
April 8th, 2013
Posted at: 10:46 pm
Hi cvrprakash, at current levels Balmer Lawrie & Co. looks good
vindi Says:
April 8th, 2013
Posted at: 11:04 pm
sir,
may i know the out look of delta corp for the short term..
shree Says:
April 8th, 2013
Posted at: 11:20 pm
hi CB sir'
i want to buy suzlon & iob should i buy it?
CB Says:
April 9th, 2013
Posted at: 12:12 am
Hi shree, these are going a bit weak.dont enter yet.
Sohan Says:
April 9th, 2013
Posted at: 1:08 am
Hello CB,
USD/JPY pair where is going to stop.
USDJPY price history
42-year low: 75.35 (2011)
42-year high: 358.44 (1971)
Latest: 99.30
Do you see more gains possible. I am expecting around 100/105. Is it possible.
Sohan
CB Says:
April 9th, 2013
Posted at: 2:04 am
Hi Sohan, yes, its being done by the govt of Japan to increase investments in their country and help retrieve the economy. 105 seems possible.
tejas Says:
April 9th, 2013
Posted at: 7:29 am
hi cb sir
i have sbi at 2080 please give me suggetion
Kartik Says:
April 9th, 2013
Posted at: 8:32 am
Hi tejas, if it continues to trade below 2030 (strong support) today, would e better to exit from the long