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. SAGAR (SB) Says:
    April 20th, 2012
    Posted at: 8:56 am

    Hi CB,

    Bhai Seeing charts I strongly feel , Nifty likely to do well from here despite of volatile dow .........

    Holdinh Tatasteel Fut @ 478 ; ...... wat abt that ? , If it opens above 473 and trade can do well I hope so ...


  2. CB Says:
    April 20th, 2012
    Posted at: 9:00 am

    Hi Pravin, Good morning. hold it for short term. fundamentally its a good bet. will bounce back

    Hi SAGAR (SB), yes, is near good support levels. tata steel can test 480


  3. chandu Says:
    April 20th, 2012
    Posted at: 9:01 am

    cb boss good morning
    kya call dete ho aap acl buy target 173 ab kya kare hold hai 5000 share 168ki rate se exit ya phir w8 reply me fast plz


  4. CB Says:
    April 20th, 2012
    Posted at: 9:01 am

    Hi chandu, Good morning. its a hold for now.


  5. subrat Says:
    April 20th, 2012
    Posted at: 9:02 am

    GM SIR,HOW IS CROMPTRON GREAVES FOR SHORTTERM ? CAN I ENTER ?


  6. aba Says:
    April 20th, 2012
    Posted at: 9:02 am

    cb tgt for ptc india cements & coal india for today


  7. CB Says:
    April 20th, 2012
    Posted at: 9:02 am

    Hi subrat, it looks weak. don't enter it yet.


  8. CB Says:
    April 20th, 2012
    Posted at: 9:03 am

    Hi aba, ptc and india may remain a bit flat. Coal can see 366.


  9. MURUGAN Says:
    April 20th, 2012
    Posted at: 9:05 am

    good morning cb please tell me the target fr jain irrigation i hold it for rs. 95


  10. aba Says:
    April 20th, 2012
    Posted at: 9:06 am

    can i enter hdfc today @ 554


  11. CB Says:
    April 20th, 2012
    Posted at: 9:06 am

    Hi MURUGAN, does have support at 90 levels. would advice to exit 50% if breaks 90. on the upside can test 98


  12. Dinesh kumar Says:
    April 20th, 2012
    Posted at: 9:06 am

    Cb can I go with nifty 5200 pe


  13. CB Says:
    April 20th, 2012
    Posted at: 9:07 am

    Hi aba, enter lower near 550

    Hi Dinesh kumar, no, not yet. good support at 5280


  14. dineshknp Says:
    April 20th, 2012
    Posted at: 9:08 am

    hi cb, gm. yesterday entered 5400 pe at 90. should close position at opening?


  15. CB Says:
    April 20th, 2012
    Posted at: 9:08 am

    Hi dineshknp, yes, book near 5290-5300


  16. Amey Says:
    April 20th, 2012
    Posted at: 9:12 am

    Hi CB

    Please let us know your take on RIL ? Shall we buy a call or put option considering it will be posting results later today ?

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