Quotes with Resistance & Support
Market Information

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: 6:32 pm

    Hi Chanakya, 11am

    Hi sunny, it does have strong support in the 440-450 zone. hold for now. can expect a bounce from here.

    Hi shiva, go with avg lot size till you recover the loss.


  2. CB Says:
    April 11th, 2012
    Posted at: 6:33 pm

    Hi Rise, hold for now. book on rise near 5280


  3. Kb Trader Says:
    April 11th, 2012
    Posted at: 6:46 pm

    Hi subodh, ha ha ha. .

    Hi CB, new tsunami alert in pune river .. runn cbbbbbbbbb


  4. CB Says:
    April 11th, 2012
    Posted at: 7:12 pm

    Hi Kb Trader, :)


  5. kanu Says:
    April 11th, 2012
    Posted at: 7:13 pm

    buy tomorrow vip up to 106 for the target of 122 delivery basis


  6. Pradeep Says:
    April 11th, 2012
    Posted at: 7:28 pm

    Hi

    Can I buy 2600 PE for Infosys?

    What is the trend for this stock?

    Thanks


  7. Prashant Says:
    April 11th, 2012
    Posted at: 7:43 pm

    Sirji I am holding JPAssociates April 85 Call Option @ Rs 2.1 i m holding 14 lots

    Please can U guide on this Atleast I would like to exit cost to cost Will it bounce back

    above Rs 2.1

    Thank You


  8. palanivel Says:
    April 11th, 2012
    Posted at: 8:39 pm

    HI CB SIR,GE. NOT EFFECT EARTH QUACK NEWS ON US MARKETS.OPEN IN GREEN OR ITS CONSOLIDATED MARKET MOVE. WHATS YOU VIEW CB SIR.


  9. Kartik Says:
    April 11th, 2012
    Posted at: 8:49 pm

    Hi Pradeep, hold it for another 2-3 days with a SL at 2820 (cash)

    Hi Prashant, below 80 it looks weak, would be better to exit

    Hi palanivel, GE, Yes, it has been trading flat, seems may add some more gains today


  10. palanivel Says:
    April 11th, 2012
    Posted at: 8:56 pm

    Thanks Kartik sir.what level opening tomorrow nifty? flat or any small upside.


  11. sudhir Says:
    April 11th, 2012
    Posted at: 9:04 pm

    Hi CB\Karthik Gud evng,

    IIP data : 12.04.2012 11.00 AM
    Inflation \Infosys results : 13.04.2012 (Before market infosys will be announced)
    RBI meeting : 17.04.2012

    S&P rating : any time we have to expect....


    Be cautious......


  12. DJ Says:
    April 11th, 2012
    Posted at: 9:47 pm

    Hi CB
    Idfc tgt for tmrw buddy?wont it c. 141-142 before expiry?


  13. SAGAR (SB) Says:
    April 11th, 2012
    Posted at: 10:38 pm

    Hi Kartik, Still Holding Long tatasteel Fut @ 478 ; what to do for now on it tomorrow ? Exit at opening or hold ?
    If exit at wat price dude ?


  14. Kartik Says:
    April 11th, 2012
    Posted at: 10:46 pm

    Hi palanivel, seems may open positive as Down seems to trade higher

    Hi sudhir, GE, Yes, thanks for the update

    Hi DJ, faces strong support at 130, if broken could see lower levels, if long, keep a tight SL at 129

    Hi SAGAR (SB), hold it with a tight SL at 442 (strong support), has been trading weak, would be better to exit on any possible rise


  15. DJ Says:
    April 11th, 2012
    Posted at: 10:53 pm

    Kartik
    thx bro.i am long.can it cross 136-137 tmrw?


  16. shashi Says:
    April 11th, 2012
    Posted at: 11:02 pm

    hi cb sir....I am holding TATASTEEL 500call @8.40
    what to do ple...tell..me..sir..ple....
    thanks............

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