Quotes with Resistance & Support
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Intraday calls for 21-04-09

Posted on: April 21st, 2009 at 9:26 am

Markets likley to see a gap down opening. Markets will take queue later today from outcome of RBI meet.

If markets show recovery later during the day, Buy: Prakash Industries and ABB.

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252 Responses

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Comment pages: 5678910111213Show all

  1. CB Says:
    April 21st, 2009
    Posted at: 10:58 am

    Hi Hari, most welcome..

    Hi Raj, Resistance is at 89. support at 70-72


  2. Sujay Says:
    April 21st, 2009
    Posted at: 10:58 am

    CB, Do you think we can short banks if there is no rate cut announced today ?


  3. CB Says:
    April 21st, 2009
    Posted at: 10:58 am

    Hi raj, no..wait for some more time


  4. Divyesh Says:
    April 21st, 2009
    Posted at: 10:59 am

    Hi Cb can i buy tata steel or relinfra for intra


  5. CB Says:
    April 21st, 2009
    Posted at: 11:00 am

    Hi Divyesh, Rel infra is better.but wait for some mroe time before buying


  6. Hari Says:
    April 21st, 2009
    Posted at: 11:00 am

    hi CB.. unitech is now at 50.85

    can we buy it ..


  7. Divyesh Says:
    April 21st, 2009
    Posted at: 11:01 am

    Can any chances to recover the market by today or will close in -tive


  8. CB Says:
    April 21st, 2009
    Posted at: 11:02 am

    Hi Sujay, Banking stocks are already down by 5-6%. if there is no rate cut, there are chances we might see short covering which might move the price higher..

    Hi Hari, buy around 50.50


  9. CB Says:
    April 21st, 2009
    Posted at: 11:02 am

    Hi Divyesh, as of now seems negative


  10. Sujay Says:
    April 21st, 2009
    Posted at: 11:03 am

    CB,
    Not sure if you missed my previous post...
    How about shorting banks if there is no rate cuts ?


  11. Ramakil Says:
    April 21st, 2009
    Posted at: 11:03 am

    HI

    What do u think the RBI announcement will be? it will turn the market up or down? or is it that market is waiting for a news to go down however positive the news may be?


  12. Sujay Says:
    April 21st, 2009
    Posted at: 11:06 am

    Thanks for the response CB...do you think we can buy even if there is no rate cut then..for intraday ?


  13. CB Says:
    April 21st, 2009
    Posted at: 11:06 am

    Hi Sujay, i replied above

    Hi Ramakil, lets hope for the best..if there is a rate cut we might see a positive move


  14. CB Says:
    April 21st, 2009
    Posted at: 11:07 am

    Hi Sujay, yes.. Axis is near its support levels of 470-480


  15. Ranga Says:
    April 21st, 2009
    Posted at: 11:08 am

    any recovery seen in the afternoon?


  16. hilay Says:
    April 21st, 2009
    Posted at: 11:09 am

    Hi CB, buy RCOM, ISPAT and OPTO CIRCUITS or REL INFRA or UNITECH??? Which to buy for a months time???

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