Quotes with Resistance & Support
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Intraday calls for 20-04-12

Posted on: April 20th, 2012 at 8:25 am

Markets likely to open slightly lower. Support for nifty is at 5280.

Buy HDFC Bank at 548-550, target: 564. Stoploss: 538 – (continue to hold as BTST)

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464 Responses

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  1. Ram Says:
    April 20th, 2012
    Posted at: 5:28 pm

    Thanks CA.. CB do you have something like Paid Tips please let me know. If so I would like to speak to you.


  2. RAVS Says:
    April 20th, 2012
    Posted at: 5:30 pm

    Hi CB, RIL`s results are out. Is it positive or negative for Nifty


  3. CA.Tejas Says:
    April 20th, 2012
    Posted at: 5:46 pm

    Hi CB, I mean Donate Rs.500 for 3 months services.... Its almost correct.... n after all CB is der in any ups or down mkt... to suggest technically....... :)


  4. Ham Says:
    April 20th, 2012
    Posted at: 5:50 pm

    Hi Ram,
    nseguide.com is the best website for guidance and tips in whole India and surprisingly free of cost....... Honestly i paid lot of money to these Dalal street SHILLS for insiders information (2001-2006), believe me, its really waste of time and money....
    The so called rocketcalls.co.in demanding the subscription fee of Rs.5500/month or Rs.43000/year and i don't think its a good idea....

    Who will reply to ur questions and queries so kindly without any hesitation with incredible patience in the whole India, none other than CB/Kartik.... These wonderful guys are doing a great job by helping the needy folks with their wonderful experience...
    I appreciate their efforts...... GOD BLESS THEM
    (IMO)


  5. abraham Says:
    April 20th, 2012
    Posted at: 5:52 pm

    Dear CB sir,


    Total loss crossed 28K in this month. . only hope in RIL results. whats your view in RIL after the results.


  6. CA.Tejas Says:
    April 20th, 2012
    Posted at: 5:52 pm

    Hi CB, Mukesh Ambani Group's flagship company Reliance Industries 's net profit fell 4.6% QoQ to Rs 4,236 crore in the quarter ended March 31, 2012 from Rs 4,440 crore in the previous quarter.

    Gross refining margin came in higher than expectations at USD 7.6 a barrel as against USD 6.8 a barrel in the previous quarter.

    Revenues from its petchem segment increased 8.25% to Rs 21,412 in Q4FY12 from Rs 19,781 crore in the previous quarter.

    Oil & gas division's revenues fell 7.91% to Rs 2,608 crore from Rs 2,832 crore during the same period.

    Petchem EBIT margin declined at 10.2% versus 10.9% during the same period.

    Reliance has decided a final dividend at 85% to the face value of Rs 10 a share.

    For the year ended March 31, 2012, the company posted gross refining margin at USD 8.6 a barrel as against USD 8.4 a barrel in last fiscal.

    Oil & gas producer's net profit for the fiscal 2011-12 dropped to Rs 20,040 crore from Rs 20,286 in the earlier fiscal.

    However, net sales during the same period jumped 33% to Rs 3,29,904 crore from Rs 2,48,170 crore.


  7. Venkat Says:
    April 20th, 2012
    Posted at: 6:00 pm

    CB sir, how to Subscribe your Paid Tips


  8. rohitc Says:
    April 20th, 2012
    Posted at: 6:03 pm

    Hey CB, today I entered RIL 720 PE of April. Any idea about its result, how RIL is going to behave on monday?


  9. Ham Says:
    April 20th, 2012
    Posted at: 6:17 pm

    United States of India: Transition of power stalling economic reforms

    http://profit.ndtv.com/News/Article/united-states-of-india-transition-of-power-stalling-economic-reforms-302462


    Nifty futures drop on trading mistake speculation

    http://www.moneycontrol.com/news/market-news/nifty-futures-droptrading-mistake-speculation_694928.html


    Freak trade, profit booking hit mkt, Nifty ends 42 pts down

    http://www.moneycontrol.com/news/local-markets/freak-trade-profit-booking-hit-mkt-nifty-ends-42-pts-down_694943.html


    NSE denies trading error in its systems

    http://www.moneycontrol.com/news/wire-news/nse-denies-trading-errorits-systems_694973.html


  10. Ham Says:
    April 20th, 2012
    Posted at: 6:27 pm

    RIL results media release,

    http://www.ril.com/downloads/pdf/PR20042012.pdf


  11. CB Says:
    April 20th, 2012
    Posted at: 6:32 pm

    Hi Ram, no, we do not offer any paid tips.

    Hi CA.Tejas, thanks for your kind comments.

    Hi RAVS, its a bit positive. may open higher on monday

    Hi Ham, thanks for your kind comments

    Hi abraham, yes, seems may open hgiher. results are better than expected

    we Hi Venkat, do not have paid services.. have sms alert service where all calls given on the website are sent via sms. charges are rs.500 for 3 months

    Hi rohitc, seems it may open a bit higher. results are a bit higher than expected. lets see. keep sl near 748-750


  12. sanzy Says:
    April 20th, 2012
    Posted at: 6:34 pm

    hi CB/Kartik,

    is Reliance results good or bad to market
    is the US markets are up and Asia do well can we see 5350 monday


  13. rohitc Says:
    April 20th, 2012
    Posted at: 6:48 pm

    Thanks CB..I think I should not have entered its PE..Anyways I will the SL provided by you. Have a great weekend..:)


  14. CB Says:
    April 20th, 2012
    Posted at: 7:15 pm

    Hi sanzy, seems to be a bit positive for the markets. lets see how US markets close

    Hi rohitc, yes, lets see. never know how markets react at times. lets see how US markets clsoe.


  15. Rise Says:
    April 20th, 2012
    Posted at: 7:58 pm

    sir i was holding honda seil at 430...exited at 470....nw where shud i renter it...??


  16. SK Says:
    April 20th, 2012
    Posted at: 8:24 pm

    Hi cb, monday how axisbank parformens?

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