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. Kb Says:
    April 16th, 2010
    Posted at: 8:42 am

    Hi SunilRao,

    haiiiiiii ... Good Morning. ... :) ;)


  2. CB Says:
    April 16th, 2010
    Posted at: 8:43 am

    Hi r, around 15-20% in short term.


  3. Anurag Says:
    April 16th, 2010
    Posted at: 8:44 am

    I missed to SHORT BankNIFTY @ 9700 last week when you were not here..


  4. Gitanjali Says:
    April 16th, 2010
    Posted at: 8:44 am

    Hi CB, Thanks ..I shall bear that in mind ..
    for now how is it looking ..a few are betting on bulls taking mkts higher ...i read a message yesterday...will mkt reach 5800 near term ...


  5. CB Says:
    April 16th, 2010
    Posted at: 8:45 am

    Hi Anurag, oh ok. lets wait for some downside, we can go long on dips.


  6. santosh Says:
    April 16th, 2010
    Posted at: 8:45 am

    hi cb,

    i have infy put.

    How much down side of infy can we see.


  7. CB Says:
    April 16th, 2010
    Posted at: 8:46 am

    Hi Gitanjali, no, not sure of 5800 yet.. for now seems may test support near 5150-5200 levels.


  8. LEO Says:
    April 16th, 2010
    Posted at: 8:46 am

    Hi CB / KARTIK ...................

    Good Morning ...................

    Any Rise in second session can expect in market ....................


  9. CB Says:
    April 16th, 2010
    Posted at: 8:46 am

    Hi santosh, can come down by 20-25rs today

    Hi LEO, Good morning.no, not sure yet


  10. bgdhruve Says:
    April 16th, 2010
    Posted at: 8:47 am

    can buy paper product?


  11. Gitanjali Says:
    April 16th, 2010
    Posted at: 8:47 am

    Hi CB, cool..i could not place an order yet ..got rejected as mkt is not open yet...shall place at 5250 when open ..


  12. Kb Says:
    April 16th, 2010
    Posted at: 8:47 am

    Hi Gitanjali,

    HI.. . GM ... :)


  13. rashid Says:
    April 16th, 2010
    Posted at: 8:47 am

    can i go for wockhardt at 139,,,for short term target of 150


  14. santosh Says:
    April 16th, 2010
    Posted at: 8:48 am

    hi cb,

    can we see infy@ 2750 today


  15. manish Says:
    April 16th, 2010
    Posted at: 8:49 am

    cb..........wats ur view on AMRUTHANJAN? can we buy it at current price both for short and long term?wats ur target price for short and long term on it?


  16. amit Says:
    April 16th, 2010
    Posted at: 8:49 am

    can i enter 5200 put if opens near 5240levels

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