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. sanzy Says:
    April 22nd, 2012
    Posted at: 8:13 pm

    i am holding
    HDFC 560CE
    TataMotors 320CE
    CIL 360CE

    pls suggest levels for these stocks tomorrow...should i exit from all these at the opening or cn i hold till expiry for better levels to exit


  2. rahul Says:
    April 22nd, 2012
    Posted at: 9:06 pm

    hi kartik can i buy bharti april call 340 looking to bounce anytime next week


  3. SM Says:
    April 22nd, 2012
    Posted at: 9:13 pm

    Hi CB, GE. Enjoying the weekend?
    Hi Gitanjali, :) Since there was a rally in metals, you can keep an eye on Lead. Above 108, looks good. 112, 115, and then who knows where !!! Will you go long in that? Entirely up to you :D
    Hi DJ, GE. What up bro ? Any news ?


  4. SM Says:
    April 22nd, 2012
    Posted at: 9:23 pm

    Hi Ham, Thanks a lot for the links :)


  5. DJ Says:
    April 22nd, 2012
    Posted at: 9:24 pm

    Hi SM
    GE...nothing bro.facing d ultimate moments in my life.dont know how long?can u take up JP upto 84-85 tmrw,so that i can hv a smile for a change


  6. CB Says:
    April 22nd, 2012
    Posted at: 9:28 pm

    Hi Sohan, most welcome.. best of luck :). go with april series for now

    Hi sanzy, these are looking good technically. likely to do well tomorrow.

    Hi rahul, yes, strict sl near 317

    Hi SM, yes :)


  7. SM Says:
    April 22nd, 2012
    Posted at: 9:31 pm

    Hi DJ, 84-85 in JP looks next to impossible tomorrow. should face res at 79.50 - 80 zone. all fut levels


  8. DJ Says:
    April 22nd, 2012
    Posted at: 9:34 pm

    SM
    Hmm...so no chance of smile.so sud i book loss in long and go short around 80?


  9. SM Says:
    April 22nd, 2012
    Posted at: 9:38 pm

    Hi DJ, sidewise movement between 77 to 84. can keep a SL just below 77 and try to exit on a bounce. not a great stock to go long or short for big movements. traders playing the above mentioned range. all fut levels


  10. DJ Says:
    April 22nd, 2012
    Posted at: 9:41 pm

    Thx SM
    Take care bro.call u when i get a news to share


  11. SM Says:
    April 22nd, 2012
    Posted at: 9:43 pm

    Hi DJ, most welcome. will wait for your call. tc and keeping my fingers crossed :)


  12. rohan Says:
    April 22nd, 2012
    Posted at: 10:12 pm

    Hi cb,what ur view on srtransfin and itc,can i buy them for 1-3 days


  13. Deepak Bedi Says:
    April 22nd, 2012
    Posted at: 10:21 pm

    Hi SM... GE... Got stopped out in SBI nd made a loss on the 2150 PE... Thanks to you tho my losses were limited... :)... Hows Wipro looking... Holding 420 Apr PE (1 Lot) @ 6... It closed at 4.8 on fri... Shud I keep holding till expiry or exit on mon?? Pls advice... :)


  14. SM Says:
    April 22nd, 2012
    Posted at: 10:38 pm

    Hi Deepak Bedi, GE. Yes, I believe I had given 2290 as SL for SBIN puts, which got hit. After that SBIN made a high of 2349.70. Nevertheless, feeling bad about your loss... Wipro is in a range between 415 to 430. Can hold your PE with a SL of 430 and exit on a dip in the stock's price. All cash levels :)


  15. Gitanjali Says:
    April 22nd, 2012
    Posted at: 10:39 pm

    Hi Ham, wcHi SM, I will ..THANKS..Hi CB, Hi sanzy, and all here ..HAPPY TRADING..


  16. Murali Says:
    April 22nd, 2012
    Posted at: 10:40 pm

    Hi CB,

    I'm holding onelife 190@ 345, how much time will take to get my price, can i add more or wait for bounce back please advice me. thanks

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