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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akila Says:
April 8th, 2013
Posted at: 3:15 pm
ok............thankyou.............market literally killed the patience and hopes today...so very undecided as to which side it was going to move....
CB Says:
April 8th, 2013
Posted at: 3:15 pm
Hi vijay, avoid cals as its not yet started production. nifty pe is a hold for now
Hi RC, yes, technically too looks weak
CB Says:
April 8th, 2013
Posted at: 3:15 pm
Hi akila, yes, its best to wait.
SS Says:
April 8th, 2013
Posted at: 3:16 pm
Hi CB, GA
do you see some profit booking in maruti ? Im short with big loss..
Karan Sharma Says:
April 8th, 2013
Posted at: 3:16 pm
Hi CB,
Can i sell Allahabad Bank (Futures) @ CMP?
Azhar Says:
April 8th, 2013
Posted at: 3:17 pm
Hi CB, sir bought tvs motor @ 40.20...ur view
Vinit Says:
April 8th, 2013
Posted at: 3:17 pm
cb sir, looking at above queries, should i hold 5600 ce??? :O
CB Says:
April 8th, 2013
Posted at: 3:17 pm
Hi SS, technically is going a bit strong. for now would advice to hedge with a 1450ce
Hi Karan Sharma, no, near strong support levels.
CB Says:
April 8th, 2013
Posted at: 3:18 pm
Hi Azhar, its a hold. can see 43
Hi Vinit, if nifty breaks 5530 tomorrow after opening we shall exit and re-enter on intraday dips
akila Says:
April 8th, 2013
Posted at: 3:19 pm
CB.. sorry to bother you, but really confused n tensed.....
conversely, if nifty closes above 5550 can we expect a reasonably good bounce back tomorow?
Vinit Says:
April 8th, 2013
Posted at: 3:19 pm
ok.. :(
CB Says:
April 8th, 2013
Posted at: 3:20 pm
Hi akila, it depends on global queues. as of now global markets are going flat
Hi Vinit, yes, this month has not been good so far.. lets see.
anil Says:
April 8th, 2013
Posted at: 3:20 pm
Hi cb,Can i buy tata motors 280 call at this time
CB Says:
April 8th, 2013
Posted at: 3:20 pm
Hi anil, no, looks a bit weak
Azhar Says:
April 8th, 2013
Posted at: 3:20 pm
Hi CB, sir i can hold it till friday....so shall hold it or what
Chandan Says:
April 8th, 2013
Posted at: 3:21 pm
Hi CB, Sir, whats yoru short term view on BHEL ? It came up sharply today.