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. wasey Says:
    April 16th, 2012
    Posted at: 8:43 am

    Hi CB,
    At what time inflation data is announced today?
    Thanks!


  2. CB Says:
    April 16th, 2012
    Posted at: 8:43 am

    Hi Irshu, most welcome

    Hi shail410, yes, its a good bet. once markets improve, will recover back. hold it

    Hi DJ, :) Nice to hear that. Best of luck

    Hi sunny, Good morning. no, shall hold it as nifty and tata steel both are near strong support levels.


  3. CB Says:
    April 16th, 2012
    Posted at: 8:44 am

    Hi wasey, around 12 I guess.


  4. santosh Says:
    April 16th, 2012
    Posted at: 8:46 am

    hi cb gm what about dlf when to buy is it looks good what ur suggestions


  5. CB Says:
    April 16th, 2012
    Posted at: 8:47 am

    Hi santosh, Good morning. can enter in small quantity at cmp.


  6. MURUGAN Says:
    April 16th, 2012
    Posted at: 8:50 am

    GOOD MORNING CB I BOUGHT INFOSYS AT 2500 WHAT WILL BE SHORT TERM TARGET AND ALSO FOR ABAN OFF SHORE PLEASE


  7. CB Says:
    April 16th, 2012
    Posted at: 8:52 am

    Hi MURUGAN, Good morning. not really sure of infy yet. aban if holds onto 420, can see 440 levels.


  8. bala Says:
    April 16th, 2012
    Posted at: 8:54 am

    HI CB,

    Shall i Buy 5400 CE this month & hold till Expiry? pls suggest me


  9. CB Says:
    April 16th, 2012
    Posted at: 8:55 am

    Hi bala, no, dont enter it yet.


  10. kamal Says:
    April 16th, 2012
    Posted at: 8:57 am

    hi cb what is short term target for hdil and JP associat


  11. Karan Sharma Says:
    April 16th, 2012
    Posted at: 8:57 am

    Hi,

    Sold (1 lot) Central Bank @ 100/-. Please tell what to do?


  12. CB Says:
    April 16th, 2012
    Posted at: 8:58 am

    Hi kamal, jp assoc if holds onto 74-75 levels, can test 82. hdil looks a bit weak. dont enter yet

    Hi Karan Sharma, its a hold. can test 98.50


  13. Pravin Says:
    April 16th, 2012
    Posted at: 9:01 am

    Hi good morning cb
    Bharti airtel if go down what should be SL ?
    I have since 336 100 shares
    Pl tell me


  14. Amey Says:
    April 16th, 2012
    Posted at: 9:01 am

    Hi CB

    I have bought 5200 Call Option on Friday for April Expiry. Please suggest what should I do as markets are expected to fall ? Also let me know your pick in options trading ?


  15. gaps Says:
    April 16th, 2012
    Posted at: 9:01 am

    Hi CB, How is Cairn and tata global looking today?


  16. Riya Says:
    April 16th, 2012
    Posted at: 9:01 am

    Good morning CB...can i short infosys for intrady???wot is downfall targt for todays?????

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