Quotes with Resistance & Support
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Intraday calls for 09-04-13

Posted on: April 9th, 2013 at 8:29 am

Markets likely to open flat, support for Nifty at 5520, resistance at 5610

Buy IGl around 290, target: 297, SL 285 – (Book profit in IGL 298.50)

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283 Responses

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  1. akila Says:
    April 9th, 2013
    Posted at: 3:01 pm

    5602 to 5497.....................was i dreaming in the morning or 5602 was real?


  2. akila Says:
    April 9th, 2013
    Posted at: 3:02 pm

    SBI ne banaya bhi, bigada bhi..............


  3. Vinit Says:
    April 9th, 2013
    Posted at: 3:03 pm

    Hi akila, it was real.... :/
    since the 5520 support is broken...i guess theres more downside now in coming days


  4. bk Says:
    April 9th, 2013
    Posted at: 3:04 pm

    Hi Akila,

    its real!!!!

    but we didnt catched the momentum and free fall!!!!!


  5. Nitesh Says:
    April 9th, 2013
    Posted at: 3:05 pm

    5500 support has also been broken. what to do should book loss in CE@5700


  6. CB Says:
    April 9th, 2013
    Posted at: 3:07 pm

    Hi ss, :)

    Hi Nitesh, dont see any news yet. technically looks weak

    Hi raju, its looking weak. for now dont add more yet. hold it.


  7. Vinit Says:
    April 9th, 2013
    Posted at: 3:07 pm

    Hi Vinit, SBI played with me too....shorted @ 2042 in the morning, sl triggered at 2066...now look at it... covered the loss in NIfty ce and pe though


  8. CB Says:
    April 9th, 2013
    Posted at: 3:07 pm

    Hi Nitesh, yes, exit for now.


  9. Vinit Says:
    April 9th, 2013
    Posted at: 3:08 pm

    CB sir, whats ur view on Renuka?? after the decontrol, has been falling sharply..


  10. CB Says:
    April 9th, 2013
    Posted at: 3:10 pm

    Hi Vinit, yes, it was partial decontrol. fundamentally is a good med/ long term play.


  11. sunil pothugunta Says:
    April 9th, 2013
    Posted at: 3:11 pm

    hi cb sir shall i buy relcom nw for 1 week hold


  12. CB Says:
    April 9th, 2013
    Posted at: 3:12 pm

    Hi sunil pothugunta, no, dont enter it yet.


  13. Vinit Says:
    April 9th, 2013
    Posted at: 3:12 pm

    ok...and just for the record, thank u so much for your advice on nifty movements, booked profits on both sides... thank u :)


  14. AM Says:
    April 9th, 2013
    Posted at: 3:12 pm

    Hi CB, Sir any PE


  15. PK Says:
    April 9th, 2013
    Posted at: 3:13 pm

    in a day nifty had shown us good movement from upside of 55 point to down of 50 points.....
    as analysis say that more downside can be seen, if it cross below 5450 then can be enter for long... in stocks 5450 is good for buying or entering long side


  16. Mahesh Says:
    April 9th, 2013
    Posted at: 3:14 pm

    Hi CB,

    I am holding 5500PE which is in decent profit and 5700CE which is huge loss? Kindly advise whether I can hold both or I can exit from 5700CE?

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