Quotes with Resistance & Support
Market Information

Intraday calls for 09-04-12

Posted on: April 9th, 2012 at 8:25 am

Markets likely to open lower. Support for nifty is at 5275.

Buy PTC India on dips near 66-66.50, target: 69. Stoploss: 64.
Buy Rushil decor on dips near 222, target: 230. Stoploss: 217

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407 Responses

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  1. CB Says:
    April 9th, 2012
    Posted at: 9:00 am

    Hi RAVI, it does look good. strong support at 18.50. can see 21. hold for now.


  2. SAGAR (SB) Says:
    April 9th, 2012
    Posted at: 9:01 am

    Hi CB, holding tatasteel Fut @ 478 ; closing price was 474 ; what to do bhai ?


  3. revan Says:
    April 9th, 2012
    Posted at: 9:01 am

    hi CB can you pls explain your PTC buy call in technically??????


  4. CB Says:
    April 9th, 2012
    Posted at: 9:02 am

    Hi SAGAR (SB), it has good support at 470. likely to hold onto it. keep it for a day or 2. hedge with a 5200 pe.


  5. SAGAR (SB) Says:
    April 9th, 2012
    Posted at: 9:03 am

    Hi CB, ok


  6. CB Says:
    April 9th, 2012
    Posted at: 9:06 am

    Hi revan, it has given a breakout above 62. also above 200dma of 63. hope this helps: http://www.4shared.com/photo/oz6aIbRe/bakedChart.html


  7. divya Says:
    April 9th, 2012
    Posted at: 9:08 am

    can i short BankNifty at the opening for a target of 10200 on the downside


  8. CB Says:
    April 9th, 2012
    Posted at: 9:08 am

    Hi divya, yes, below 10300, one can go short


  9. Akash Says:
    April 9th, 2012
    Posted at: 9:10 am

    Hi CB, GM. How is Schneider Electric in intraday and also for 1-2 weeks hold? How is it for long term also? Can we buy at CMP for target 100+ in 1-2 weeks and 150+ in 6-9 months?


  10. Kumar Says:
    April 9th, 2012
    Posted at: 9:11 am

    Thanks CB, That will be target if i hold Ashok Leyland for 1 mth.


  11. CB Says:
    April 9th, 2012
    Posted at: 9:12 am

    Hi Akash, its a good long term bet. can add on dips

    Hi Kumar, can test 35


  12. ARCHANA Says:
    April 9th, 2012
    Posted at: 9:13 am

    Hi CB, good morning cb......how is tiday market...?


  13. CB Says:
    April 9th, 2012
    Posted at: 9:13 am

    Hi ARCHANA, seems may open 40-50 points lower. likely to recover back later in the day


  14. sanzy Says:
    April 9th, 2012
    Posted at: 9:15 am

    hi CB/Kartik,

    can i consider entering Bank Nifty 10000PE at the opening...
    pls give me levels for Bank Nifty in the lower side


  15. CB Says:
    April 9th, 2012
    Posted at: 9:15 am

    Hi sanzy, yes. can test 10100


  16. SS Says:
    April 9th, 2012
    Posted at: 9:16 am

    Hi CB,
    GM, What cud be wipro target. Holding short...thanks

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