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Quotes with Resistance & Support

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Intraday calls for 12-04-10

Posted on: April 12th, 2010 at 8:24 am

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Markets likely to see a flat opening. Support for nifty is at 5300 and resistance at 5420.

If markets show weakness later during the day, sell: Tata Steel.

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540 Responses

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zaheer Says:
April 12th, 2010
Posted at: 2:11 pm
can by ashokaleyland
Akash Says:
April 12th, 2010
Posted at: 2:12 pm
Hi CB, Ok. I am arranging some more so that I need not to sell this in loss. Anything above 175 would be good for me. Will it test that level. Market is v high and I am afraid that it should not come down one bad day...
Gauri Says:
April 12th, 2010
Posted at: 2:12 pm
Hey CB booked profits in Havells thanks a lot!!!!
bs Says:
April 12th, 2010
Posted at: 2:12 pm
HA HA.. VERY TRU.. BUT I WILL BE A VERY THANKFUL FOR YOU GUYS FOR ADVISING US.. THANKS A TON
CB Says:
April 12th, 2010
Posted at: 2:13 pm
Hi zaheer, buy it above 57
sourabh Says:
April 12th, 2010
Posted at: 2:13 pm
nifty can touch 5300 today?
vijayblr Says:
April 12th, 2010
Posted at: 2:13 pm
Hi Cb,
What is the expected target for TCS this month(after Q4 result)
preeti Says:
April 12th, 2010
Posted at: 2:13 pm
Hi CB, shortd tata motors arnd 796..cmp 788..cn i book profits nw or wait for 780??also wht to do wth tata steel??
Gitanjali Says:
April 12th, 2010
Posted at: 2:13 pm
Hi CB, OK.. Thanks..Is there anything else I should ..if not 5300, do I continue to hold on ..?
CB Says:
April 12th, 2010
Posted at: 2:14 pm
Hi Akash, ok
Hi Gauri, most welcome..
Hi bs, always welcome..
smb Says:
April 12th, 2010
Posted at: 2:14 pm
Hi CB
have tatasteel futstk @ 672 , hold it till tomorrow or square off positioins at end of day?
ttsathya Says:
April 12th, 2010
Posted at: 2:15 pm
Zeel fut shorted @260 has risen pl advice whether to wait or book loss
preeti Says:
April 12th, 2010
Posted at: 2:15 pm
Hi Gitanjali, no issues :)
CB Says:
April 12th, 2010
Posted at: 2:16 pm
Hi sourabh, seems will remain flat
Hi vijayblr, no, not sure yet
Hi preeti, keep trailing sl at 688 and hold it. technically should come down a bit
Hi Gitanjali, yes, hold onto it
Hi smb, if it heads for a close above 688, hold it. else exit for now
venkat Says:
April 12th, 2010
Posted at: 2:16 pm
is this time to enter bhallarpur ltd @35.50
Mahesh Says:
April 12th, 2010
Posted at: 2:17 pm
Thanks CB,.. :)
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