Quotes with Resistance & Support
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Intraday calls for 12-04-10

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

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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  1. rashid Says:
    April 12th, 2010
    Posted at: 9:20 am

    thank god 5200 put is reduced loss,,,,,,,,,,,,,,may i exit now without taking uch risk


  2. srg Says:
    April 12th, 2010
    Posted at: 9:21 am

    CB, despite weakness in Market, Hindalco looking strong. Can it be entered for intraday?


  3. nitin Says:
    April 12th, 2010
    Posted at: 9:21 am

    i have welspun guj at 284 and bank of india at 362. Educomp at 750. Kindly tell what to do?


  4. CB Says:
    April 12th, 2010
    Posted at: 9:21 am

    Hi Ramesh bhole, keep sl around 688. can come down by 10-12rs.

    Hi raja m, hold it for now

    Hi Karthik, can see 200 in coming days.

    Hi Gitanjali, what rate did you short at, at first?


  5. Vijay Says:
    April 12th, 2010
    Posted at: 9:22 am

    Hi CB, i bought Sterlite @879. now @875. can i wait for intra day ?


  6. vimu Says:
    April 12th, 2010
    Posted at: 9:23 am

    i heard that cements stock wll doing good in coming week?whats ur view?


  7. CB Says:
    April 12th, 2010
    Posted at: 9:23 am

    Hi rashid, no, for now hold onto it.

    Hi srg, no, dont enter it yet

    Hi nitin, they are a hold for now. they are looking strong and will do well in short ter.


  8. madhu Says:
    April 12th, 2010
    Posted at: 9:23 am

    Hi rashid, Hold it for some time.. it can reach around 70 in a week time... :)


  9. Gitanjali Says:
    April 12th, 2010
    Posted at: 9:23 am

    Hi CB, In the begening it was 5330 ...but has been going to and fro ..each day ..today I am in profit ...


  10. raja m Says:
    April 12th, 2010
    Posted at: 9:23 am

    CB,thanks indeed.


  11. CB Says:
    April 12th, 2010
    Posted at: 9:24 am

    Hi Vijay, yes, hold it. keep sl at 872

    Hi vimu, no, not sure of any news on this sector


  12. arora Says:
    April 12th, 2010
    Posted at: 9:24 am

    hi cb,
    what is the future of pradip?


  13. Kb Says:
    April 12th, 2010
    Posted at: 9:24 am

    Hi CB,

    Cb.. IIP comes today rite ??


  14. Vijay Says:
    April 12th, 2010
    Posted at: 9:24 am

    Hi CB, thanks


  15. CB Says:
    April 12th, 2010
    Posted at: 9:24 am

    Hi raja m, most welcome.


  16. CB Says:
    April 12th, 2010
    Posted at: 9:25 am

    Hi Kb, yes, markets may remain flat till then

    Hi Vijay, most welcome.

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