Quotes with Resistance & Support
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Intraday calls for 16-04-10

Posted on: April 16th, 2010 at 8:19 am

Markets likely to see a flat opening. Support for nifty is at 5240 and resistance at 5320

If markets show recovery later during the day, buy: Sonata software & Shrenuj & Company

11.02am – options – buy Punj lloyd 170 call at cmp 5.70 with strict sl at 169 (closing basis)

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618 Responses

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  1. CB Says:
    April 16th, 2010
    Posted at: 11:02 am

    options - buy Punj lloyd 170 call at cmp 5.70 with strict sl at 169 (closing basis)


  2. manmin Says:
    April 16th, 2010
    Posted at: 11:03 am

    hi cb can 3i infotech be bought at cmp for 6months?


  3. DS Says:
    April 16th, 2010
    Posted at: 11:03 am

    Dear CB,

    Shd i avg my ITC put?I have it at 3.85 and now its at 2.15


    Warm Regards,

    DS


  4. sayeed Says:
    April 16th, 2010
    Posted at: 11:03 am

    CB i don't understand about sl 169


  5. DS Says:
    April 16th, 2010
    Posted at: 11:04 am

    Dear CB,

    Not sure i understand what do you mean by closing basis?


    Warm Regards,

    DS


  6. CB Says:
    April 16th, 2010
    Posted at: 11:05 am

    Hi sandy, due to the demerger with zee ent..one can enter in small quantity

    Hi sayeed, buy punj lloyd 170 call sl 169

    Hi ARUP, not yet

    Hi AJIT, its rallied quite a bit. wait for some dip to enter it.

    Hi Sunitha, yes, enter bajaj hind in small quantity


  7. ARUP Says:
    April 16th, 2010
    Posted at: 11:06 am

    SIR,ANY INTRADAY MSG.


  8. vimu Says:
    April 16th, 2010
    Posted at: 11:06 am

    HII CB ...good morning...whats ur view on NIIT Technology?


  9. CB Says:
    April 16th, 2010
    Posted at: 11:07 am

    Hi manmin, yes

    Hi DS, no, dont avg it .. closing basis is, if it trades below stoploss just before market closing time of 3.15pm

    Hi sayeed, its stoploss. if it breaks 169, exit it


  10. dak Says:
    April 16th, 2010
    Posted at: 11:07 am

    Thanks CB. Is it okay to buy sonata / shrenuj for intraday now ?


  11. manmin Says:
    April 16th, 2010
    Posted at: 11:07 am

    hi cb can i buy 3i infotech for 6mnths?


  12. nalini Says:
    April 16th, 2010
    Posted at: 11:08 am

    sir intra tar tatasteel


  13. CB Says:
    April 16th, 2010
    Posted at: 11:08 am

    Hi ARUP, in options one can buy punj lloyd 170 call

    Hi vimu, Good morning. above 182 can see 190

    Hi dak, no, dont enter them now.

    Hi manmin, yes.


  14. CB Says:
    April 16th, 2010
    Posted at: 11:09 am

    Hi nalini, around 690


  15. NSE_Trader Says:
    April 16th, 2010
    Posted at: 11:11 am

    Hi CB,
    shorted may nifty at 5271.
    DOW futures are also down 42 pts ..
    What is the probability of nifty closing below 5230?
    thanks


  16. vimu Says:
    April 16th, 2010
    Posted at: 11:11 am

    Thanks CB.....Any idea when NIIT technology going to announce quarter result?

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