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

Posted on: April 12th, 2012 at 8:29 am

Markets likely to open flat. Support for nifty is at 5130 and resistance at 5280

Buy Reliance Industrial Infrastructure at 440-442, target: 452. Stoploss: 431

12.04pm – Book profit in Maruti at 1305

1.21pm – Buy 5200 pe at 58.50, target: 72. Stoploss: 5290 (spot) – (Continue to hold 5200 pe)

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363 Responses

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  1. Kumar Says:
    April 12th, 2012
    Posted at: 8:42 am

    HI CB, Any thing look good in mid-cap for intraday?


  2. CB Says:
    April 12th, 2012
    Posted at: 8:44 am

    Hi arun kumar g, no, dont enter these yet

    Hi Kumar, no, as of now none.


  3. Madhu Says:
    April 12th, 2012
    Posted at: 8:45 am

    Hi CB,

    I am n huge loss in Hindalco long @ 127.5 now 123.8. I have to close it today since its T+2. When are we expecting the IIP data to be released today?


  4. Wasey Says:
    April 12th, 2012
    Posted at: 8:46 am

    Hi CB,
    Would you please give me intraday levels for Reliance Infra, I bought at 570 and I am wondering to hold it today or exit?


  5. CB Says:
    April 12th, 2012
    Posted at: 8:47 am

    Hi Madhu, ok.. its to be released by 11 am

    Hi Wasey, its a hold for now. has support near 430-435 can see 450


  6. Wasey Says:
    April 12th, 2012
    Posted at: 8:48 am

    HI CB, I meant Reliance Infra, not Reliance Industrial Infra :)


  7. SAGAR (SB) Says:
    April 12th, 2012
    Posted at: 8:52 am

    Hi CB, BHai still Have Tatasteel Fut @ 478 ; should I exit on todays bounce ?


  8. AJ Says:
    April 12th, 2012
    Posted at: 8:53 am

    Any hope for IND CEM today?? :((


  9. CB Says:
    April 12th, 2012
    Posted at: 8:54 am

    Hi Wasey, it has good supprt at 540-545. if holds onto it, can expect a bounce from here

    Hi SAGAR (SB), not yet. hold for now. near good support levels. hedge it with a 440 pe.


  10. SAGAR (SB) Says:
    April 12th, 2012
    Posted at: 8:54 am

    Hi CB, HOW U FEEL ON IIP DATA AND INFOSYS RESULT - Good or bad ?


  11. CB Says:
    April 12th, 2012
    Posted at: 8:54 am

    Hi AJ, if holds onto 95-96, can expect some bounce from here


  12. CB Says:
    April 12th, 2012
    Posted at: 8:54 am

    Hi SAGAR (SB), IIP may come in a bit positive. lets see.


  13. dineshknp Says:
    April 12th, 2012
    Posted at: 8:56 am

    hi cb, gm. holding 5400 ce at 85. ur opinion for today?


  14. Subin Says:
    April 12th, 2012
    Posted at: 8:57 am

    Hi wht is the target today for ivrcl ?


  15. chhaya Says:
    April 12th, 2012
    Posted at: 8:57 am

    sir what about bgr


  16. J Says:
    April 12th, 2012
    Posted at: 8:57 am

    Hi CB, Good Morning,

    am holding 5200CE & 5300CE , now both are at BEP level - should hold or exit.

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