Quotes with Resistance & Support
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Intraday calls for 22-04-09

Posted on: April 22nd, 2009 at 9:31 am

Buy IDFC at 75.60, target: 78. Stoploss: 74.20
Buy Exide Industries at 51.45, target: 53. Stoploss: 50.50

If markets show weakness later during the day, short sell: Reliance industries.

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242 Responses

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  1. CB Says:
    April 22nd, 2009
    Posted at: 11:10 am

    Hi Suresh, it can touch 275.. sl 247.. buy in small quantity


  2. CB Says:
    April 22nd, 2009
    Posted at: 11:11 am

    Hi SJS, it can touch 93.. it has some resisaance at 94.60. above this it can touch 100

    Hi Suresh, no, don't buy Rpower yet.. its a buy only above 132


  3. hari Says:
    April 22nd, 2009
    Posted at: 11:12 am

    Hi CB,

    how will market progresses today..


  4. hari Says:
    April 22nd, 2009
    Posted at: 11:12 am

    hi CB..

    do we see red in the afternoon..


  5. Raj Says:
    April 22nd, 2009
    Posted at: 11:14 am

    Hi CB, can i buy Indusindbk for short term pls suggest the target and SL if it looks good


  6. CB Says:
    April 22nd, 2009
    Posted at: 11:14 am

    Hi hari, As of now finding difficult to cross 3400-3420. .maybe some downside later today. need to see how Europe opens


  7. CB Says:
    April 22nd, 2009
    Posted at: 11:15 am

    Hi Raj, wait for some more time.. buy it on dips


  8. doc Says:
    April 22nd, 2009
    Posted at: 11:17 am

    have icici at 411,your comments please


  9. CB Says:
    April 22nd, 2009
    Posted at: 11:19 am

    Hi doc, It has resistance at 408-410.. if it stays above this level for some time, it can touch 420


  10. Krishna Says:
    April 22nd, 2009
    Posted at: 11:21 am

    CB any Idea why ROLTA is coming down so heavily???


  11. Raj Says:
    April 22nd, 2009
    Posted at: 11:21 am

    CB, suggest me on suzlon and praj holding from long time.. can it move higer or will come down?


  12. Vamsi Says:
    April 22nd, 2009
    Posted at: 11:21 am

    hi CB good morning,

    i have 500 shares of satyam bought at 48.80 yesterday. shall i hold them for short term or shall i sell them now. it looks like going down..


  13. Sujay Says:
    April 22nd, 2009
    Posted at: 11:25 am

    CB,
    Can we short RIL now ?


  14. CB Says:
    April 22nd, 2009
    Posted at: 11:26 am

    Hi Krishna, Quarterly Results were not satisfactory... so seeing some downside..

    Hi Raj, as of now they might move negatively since there are markets see some profit booking.. hold them for short term..a month or so.. they wil give good returns..

    Hi Vamsi, if looking for short term, exit from it.. if you can hold for 2-3 months, its a hold


  15. Ramakil Says:
    April 22nd, 2009
    Posted at: 11:27 am

    profit booking again? but who is making profits.. it is always loss loss loss only for small traders like us


  16. CB Says:
    April 22nd, 2009
    Posted at: 11:27 am

    Hi Sujay, yes.. keep a sl at 1738

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