Quotes with Resistance & Support
Market Information

Intraday calls for 16-04-14

Posted on: April 16th, 2014 at 8:20 am

Markets likely to open flat. Resistance for nifty is at 6810 and support at 6700.

Buy Tata Coffee at 1025, target: 1045. Stoploss: 1012. (SL triggered in Tata coffee)
Buy Indian Bank at 130.20, target: 134.50. Stoploss: 128 (Can continue to hold Indian bank if entered.)

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350 Responses

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  1. K K Says:
    April 16th, 2014
    Posted at: 3:17 pm

    Hi cvrprakash,
    Justdial has been falling for past 6 to 7 trading sessions all the way from 1700 levels. It was added in F&O in April 2014 series.
    Looking at the bear move, it seems, not the retailers some institutions were selling at its counter. Looking at its Yellowpages business model, its a local search engine, where in majority of the similiar information is being available in many other websites as well, It's better to be cautious at the counter. Ashwani Gujral and Mitesh Thacker expressed their views to see the stock soon below 1000 levels.


  2. CB Says:
    April 16th, 2014
    Posted at: 3:18 pm

    Hi AJAXX, around 190

    Hi DS, not yet. lets wait

    Hi fzwd, most welcome. seems can add 12-15rs if markets improve a bit.


  3. amit Says:
    April 16th, 2014
    Posted at: 3:20 pm

    Sir what to do in bfutilities.... it is going down..
    Pls suggest me.


  4. Vicky_S Says:
    April 16th, 2014
    Posted at: 3:21 pm

    Hi CB,

    You rview on Hexaware and SSLT plz.


  5. CB Says:
    April 16th, 2014
    Posted at: 3:22 pm

    Hi amit, its seeing profit booking. for short term its a hold.


  6. Prathmesh Says:
    April 16th, 2014
    Posted at: 3:22 pm

    CB sir if Berger Paint touches 240, shud I sell?


  7. CB Says:
    April 16th, 2014
    Posted at: 3:23 pm

    Hi raj gupta, yes, sorry for that. lets wait till tomorrow to see how global markets shape up

    Hi Vicky_S, hexaware can see 168-170 again in coming days. sslt around 198


  8. CB Says:
    April 16th, 2014
    Posted at: 3:23 pm

    Hi Prathmesh, not yet. lets hold.


  9. amit Says:
    April 16th, 2014
    Posted at: 3:23 pm

    Should i continue holding this.....


  10. Sri Says:
    April 16th, 2014
    Posted at: 3:23 pm

    Hi CB Sir,

    Holding SBI fut 1975 what is the target tomorrow?


  11. Prathmesh Says:
    April 16th, 2014
    Posted at: 3:24 pm

    ok sir...any further upper guideline in Berger to exit with profit?


  12. CB Says:
    April 16th, 2014
    Posted at: 3:25 pm

    Hi amit, yes, hold for now

    Hi Prathmesh, around 245-250

    Hi Sri, its a hold. can test 2020 in coming days


  13. SAI Says:
    April 16th, 2014
    Posted at: 3:27 pm

    Hi CB, still holding STC. Shall i exit or hold


  14. CB Says:
    April 16th, 2014
    Posted at: 3:27 pm

    Hi Rajasekar, yes, lets hold for nw


  15. Prathmesh Says:
    April 16th, 2014
    Posted at: 3:27 pm

    Thnx CB sir


  16. CB Says:
    April 16th, 2014
    Posted at: 3:28 pm

    Hi SAI, yes, its a hold for now

    Hi Prathmesh, most welcome.

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