Quotes with Resistance & Support
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Intraday calls for 11-04-12

Posted on: April 11th, 2012 at 8:27 am

Markets likely to open lower. Strong support for nifty is at 5130

If markets show recovery later during the day, Buy Tata motors above 280

9.40am – buy 5300 ce at 55.35, target: 68-70. Stoploss: 5170 (spot) – (Book profit at 68-69)

2.02pm – Buy Maruti Suzuki at 1285, target: 1310. Stoploss: 1265 (1-2 day hold)

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397 Responses

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  1. CB Says:
    April 11th, 2012
    Posted at: 8:46 am

    Hi VIBHU, Good morning

    Hi arun kumar g, no, not yet. has good support at 680-685

    Hi AJ, yes. seems may open flat. will do well once markets improve

    Hi Karan Sharma, its a hold. does have some support near100. below this can see 98

    Hi rgitkare, Good morning. yes.

    Hi chhaya, around 159

    Hi MURUGAN, its a hold for short term. can test 350-360 again

    Hi dineshknp, yes, shall book in the pe on dips today near 5180-5200. continue to hold the ce for now


  2. CB Says:
    April 11th, 2012
    Posted at: 8:47 am

    Hi vikas srivastava, Good morning. Maruti has good support at 1250 levels. dont enter its pe yet. dlf looks a bit strong above 200


  3. SAGAR (SB) Says:
    April 11th, 2012
    Posted at: 8:48 am

    Hi CB,


    I I Hold a Tatasteel Fut @ 478 ;
    It came much lower now . No more funds to enter a CE or PE .... so exit or hold for today too...


  4. sanzy Says:
    April 11th, 2012
    Posted at: 8:49 am

    i am holding 5300CE at 70...pls suggest should i exit at opening...


  5. shame Says:
    April 11th, 2012
    Posted at: 8:50 am

    hai Cb GOOD morning

    i am holding SBIN 2200CE 42 shall i exit r hold


  6. Akash Says:
    April 11th, 2012
    Posted at: 8:50 am

    Hi CB, GM. Shud I buy 5600 CE. Also buy KFA in Intraday?


  7. CB Says:
    April 11th, 2012
    Posted at: 8:52 am

    Hi SAGAR (SB), yes, on a small bounce today, hedge it with a 440 pe

    Hi sanzy, yes, book near 5180

    Hi shame, Good morning. its a hold for now. looks good

    Hi Akash, yes.


  8. vikas srivastava Says:
    April 11th, 2012
    Posted at: 8:52 am

    thanks,can u plz suggest me some for option trading.....


  9. Akash Says:
    April 11th, 2012
    Posted at: 8:53 am

    Hi CB, So I can buy both? But market is going to open lower?


  10. CB Says:
    April 11th, 2012
    Posted at: 8:54 am

    Hi vikas srivastava, can enter a nifty ce if nifty holds onto 5180-5200 levels for some time after opening.


  11. CB Says:
    April 11th, 2012
    Posted at: 8:54 am

    Hi Akash, yes, can enter on dips.


  12. LEOTHEKING Says:
    April 11th, 2012
    Posted at: 8:55 am

    Hi CB / KARTIK,

    GM..............

    CAN WE TAKE POSITION ON CALL 5400 @ 35-40 ..(APR)


  13. Kumar Says:
    April 11th, 2012
    Posted at: 8:55 am

    Some News:
    1.Govt may allow 49% FDI by foreign airlines this week.
    2.Kingfisher may find buyer (RIL).
    3.GMR got 5400cr loan from IDBI for new project.

    CB/Kartik how airline sector look? which will be good Kingfisher/SpiceJet/JetAir.


  14. rahul Says:
    April 11th, 2012
    Posted at: 8:56 am

    hi cb good moning

    what price can i book godrej consumer product holding 10 shares at 415 level not moving beyond 500


  15. cvrprakash Says:
    April 11th, 2012
    Posted at: 8:56 am

    Hi CB GM.... shall i buy and average sujana towers on dips?


  16. CB Says:
    April 11th, 2012
    Posted at: 8:56 am

    Hi LEOTHEKING, go with a 5300 instead if nifty manages to hold onto 5180-5200 for some time after opening

    Hi Kumar, thanksf or the updates.. yes, all aviation stocks will move in this case.

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