Quotes with Resistance & Support
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Intraday calls for 09-04-10

Posted on: April 9th, 2010 at 8:27 am

Markets likely to see a flat opening. Support for nifty is at 5250 and resistance at 5330

If markets show weakness later during the day, sell: BHEL (10.20am – Short at cmp 2555, strict sl 2565)

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757 Responses

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  1. CB Says:
    April 10th, 2010
    Posted at: 10:37 pm

    Hi sri, as of now not online on chat servers.. not sure of any other websites.. you can try wikipedia.

    Hi raja m, on dips add some of ifci and jsw steel.


  2. sri Says:
    April 10th, 2010
    Posted at: 10:40 pm

    Wiki ?? I meant tools not tuts on them :-)
    Btw, which tools (or websites for plotting charts) do u use?


  3. CB Says:
    April 10th, 2010
    Posted at: 10:44 pm

    Hi sri, ok. m using chartnexus. you can download it from www.chartnexus.com.. its a freeware.


  4. raja m Says:
    April 10th, 2010
    Posted at: 10:50 pm

    Hi CB,thanks but am holding IFCI @64 for about two years ,a great quantity,and hoping for a miracle. I am basically an invester,and not a trader(though I delved a couple of times on your recommended stocks with small quantity).Pls take your time and suggest a measured stock. Thanks.


  5. raja m Says:
    April 10th, 2010
    Posted at: 10:54 pm

    Hi CB,I requested 3 months time , to recoup recent losses.I normally hold for 2+ years,unless windfall occurs.


  6. arun bj Says:
    April 10th, 2010
    Posted at: 11:04 pm

    hi is there anybody from tamilnadu...?


  7. CB Says:
    April 10th, 2010
    Posted at: 11:29 pm

    Hi raja m, yes, ifci is a good long term play.. can see levels of 130-150. continue to hold onto it.


  8. Arasu Says:
    April 10th, 2010
    Posted at: 11:39 pm

    CB, I shorted HDFC April Futures @ 2430 level... what to exit soon even no loss or small profit.... Since after 2-3 Days, I wont be available to trade will go out for long term trip... outside India. Pls help me and out guide what should i do on monday... Im thinking to exit on moday... Is there any possibility... Pls guide me...??????


  9. CB Says:
    April 10th, 2010
    Posted at: 11:39 pm

    Hi arun bj, depends.. 1-2yrs. its been posting good results..


  10. raja m Says:
    April 10th, 2010
    Posted at: 11:40 pm

    HI CB,thanks,thought you called it a day and hit the sack.


  11. CB Says:
    April 10th, 2010
    Posted at: 11:41 pm

    Hi Arasu, hold it with sl at 2900. has strong resistance here. should see some selling pressure soon.

    Hi raja m, :) most welcome.


  12. Arasu Says:
    April 10th, 2010
    Posted at: 11:52 pm

    CB Sorry, HDFC is Shorted @ 2830... Is it 2800 Possible??? on monday???


  13. CB Says:
    April 11th, 2010
    Posted at: 12:03 am

    Hi Arasu, yes, its possible. will face strong selling pressure near 2850-2860


  14. GP Says:
    April 11th, 2010
    Posted at: 12:07 am

    Hi CB,

    How about monday markets..will it be green ?

    Thanks


  15. CB Says:
    April 11th, 2010
    Posted at: 12:21 am

    Hi GP, yes, likely to open slightly higher.


  16. shiv Says:
    April 11th, 2010
    Posted at: 12:31 am

    sir yesterday with my big mistake i have loss 10000 in sree ganesh jewellary

    shall i exit on monday or hold for a week.... pl i need ur sincere advice...

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