Quotes with Resistance & Support
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Intraday calls for 16-04-12

Posted on: April 16th, 2012 at 8:23 am

Markets likely to open flat. Support for nifty is at 5130 and resistance at 5260

Buy ICICI bank at 860-865, target: 880. Stoploss: 847 – (Book profit in ICICI bank at 875)

1.54pm – Sell Aban Offshore (fut) at 423.50, target: 415. Stoploss: 430

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385 Responses

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  1. Kb Trader Says:
    April 16th, 2012
    Posted at: 6:49 pm

    Hi subodh, will help you, letc wht cb says.. :) ...


  2. bullguy Says:
    April 16th, 2012
    Posted at: 7:00 pm

    Hi CB can I buy infusio
    n tomorrow


  3. bullguy Says:
    April 16th, 2012
    Posted at: 7:02 pm

    infy


  4. CB Says:
    April 16th, 2012
    Posted at: 7:03 pm

    Hi sunny, hold these for now. can head upto 465 again.

    Hi CA.Tejas, no, I haven't used these softwares yet.. ask them for a trail.. will help

    Hi Vishal, go with Timken and ashok leyland on dips.

    Hi Kb Trader, Good evening.

    Hi subodh, as of now seems may open 30-40 points higher. if there is a 25 basis point cut, then it would not really have any effect on markets.. anything higher than 25 would trigger an upmove

    Hi Jagdish, yes, can test 890. hold it. sl near 862

    Hi Nitin, it can head upto 2380-2390 it seems


  5. CB Says:
    April 16th, 2012
    Posted at: 7:04 pm

    Hi bullguy, no, not sure of a fresh entry in it yet.


  6. MURUGAN Says:
    April 16th, 2012
    Posted at: 7:05 pm

    GOOD EVENING CB I HAVE HDIL @101 AND THERMAX AT 501 PLEASE TELL ME ARE THEY FUNDAMENTALLY GOOD AND PLEASE TELL CAN I AVERAGE AT THIS LEVELS. THANK YOU


  7. sai Says:
    April 16th, 2012
    Posted at: 7:10 pm

    HI CB / KB GOOD EVENING


  8. sai Says:
    April 16th, 2012
    Posted at: 7:12 pm

    Hi CB holding 5300 CE @ 53 whats yr view on tomorow opening. what level shld i clear this


  9. ravii Says:
    April 16th, 2012
    Posted at: 7:26 pm

    Hello CB,

    Me tooo ..holding 5300 CE @82 since last week..can we see nifty 5280 tomorrow..if RBI rate cut favoures?


  10. Ham Says:
    April 16th, 2012
    Posted at: 7:43 pm

    Markets likely to be between 5150-5300 levels

    http://economictimes.indiatimes.com/markets/analysis/markets-likely-to-be-between-5150-5300-levels-mitesh-thacker/articleshow/12689681.cms


    Markets can fall to 5000-5050 levels if there is no RBI rate cut

    http://economictimes.indiatimes.com/markets/analysis/markets-can-fall-to-5000-5050-levels-if-there-is-no-rbi-rate-cut-ambareesh-baliga/articleshow/12689279.cms


    Moody's downgrades Nokia's rating to one notch above junk

    http://economictimes.indiatimes.com/news/international-business/moodys-downgrades-nokias-rating-to-one-notch-above-junk/articleshow/12690359.cms


    Monetary policy: RBI hints at rate cut tomorrow to boost growth

    http://economictimes.indiatimes.com/news/economy/policy/monetary-policy-rbi-hints-at-rate-cut-tomorrow-to-boost-growth/articleshow/12690873.cms


  11. Rajkamal Says:
    April 16th, 2012
    Posted at: 7:53 pm

    Hi CB,

    can i hold SBI for tomorrow till 12 PM? what is RBI meet is there?
    where INFY will get settle down? also in IT will wipro/hcl results will be favourable?


  12. DJ Says:
    April 16th, 2012
    Posted at: 7:56 pm

    Hi CB Dow all over places


  13. rgitkare Says:
    April 16th, 2012
    Posted at: 8:00 pm

    cb sir, bought tata motors 320 ce @2 and bank nifty 10500 ce@226 your view plz?thanks


  14. Rise Says:
    April 16th, 2012
    Posted at: 8:08 pm

    sir holdin 5100 pe and 5200 pe at 42 n 76.....hold or exit?


  15. Ham Says:
    April 16th, 2012
    Posted at: 8:08 pm

    We’re Now Ready to Invest in Europe: China’s CIC

    http://www.cnbc.com/id/47058454


    Spanish Bond Yields Top 6% as Debt Crisis Flares

    http://www.cnbc.com/id/47058108


    Euro Zone Exports Surge; Demand at Home Still Weak

    http://www.cnbc.com/id/47058165


  16. CA. TEJAS SHAH Says:
    April 16th, 2012
    Posted at: 8:29 pm

    Can I buy Apollo Tyres.... what should be the tgt n sl....

    HUL at cmp for any tgt n sl...

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