Quotes with Resistance & Support
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Intraday calls for 23-04-10

Posted on: April 23rd, 2010 at 8:23 am

Markets likely to see a flat opening. Support for nifty is at 5200 and resistance at 5320.

If markets show recovery later during the day, buy: Gammon Infrastructure Projects Ltd with stoploss at 26.20

12.40pm – sell sbi in small quantity at 2257 target 2240, sl 2270

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882 Responses

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  1. aJIT Says:
    April 23rd, 2010
    Posted at: 10:39 am

    cb......its at 128 level now...should i hold??will it bounce back??


  2. raja m Says:
    April 23rd, 2010
    Posted at: 10:39 am

    Thanks indeed,CB.


  3. sonal Says:
    April 23rd, 2010
    Posted at: 10:39 am

    HI CB, your view on jindal south west holding..will it go up from here or come down?


  4. CB Says:
    April 23rd, 2010
    Posted at: 10:39 am

    Hi srg, yes, roll it over next week. can see some recovery

    Hi Shanthi, no, not yet

    Hi raju, yes, hold it.


  5. dak Says:
    April 23rd, 2010
    Posted at: 10:40 am

    Hi CB - M&M is in oversold territory - is it likely to give a bounce sometime soon? Or will it remain weak because of the logan news?


  6. SRP Says:
    April 23rd, 2010
    Posted at: 10:41 am

    HI CB, WHY INDIABULLS FINANCE IS GOING DOWN. SHOULD I SELL IT OR HOLD?


  7. CB Says:
    April 23rd, 2010
    Posted at: 10:41 am

    Hi aJIT, its seeing some consolidation. hold it for now

    Hi raja m, most welcome.

    Hi sonal, has strong resistance above 2000. as of now seems will remain a bit flat


  8. cool duchess Says:
    April 23rd, 2010
    Posted at: 10:41 am

    Hi CB - Holding Fed Bank. At what rate should I exit? Thanks.


  9. CB Says:
    April 23rd, 2010
    Posted at: 10:41 am

    Hi dak, not really seeing good buying interest yet

    Hi SRP, for now hold it.

    Hi cool duchess, around 295.


  10. sonal Says:
    April 23rd, 2010
    Posted at: 10:42 am

    ok CB..Thanks..


  11. shiva Says:
    April 23rd, 2010
    Posted at: 10:43 am

    which will be broken according to you? 5400 or 5180


  12. preeti Says:
    April 23rd, 2010
    Posted at: 10:43 am

    Hi CB, thank you so much..wht wld i ever do wthout ur word of advice :)


  13. Shanthi Says:
    April 23rd, 2010
    Posted at: 10:43 am

    Hi CB, WIPRO gives good results. Why this stock goes down ?


  14. abhi Says:
    April 23rd, 2010
    Posted at: 10:43 am

    may i switch from Mastek ti Ib fin?


  15. skmishra Says:
    April 23rd, 2010
    Posted at: 10:44 am

    Sir,
    Can I buy NF above 5292 intraday?


  16. DS Says:
    April 23rd, 2010
    Posted at: 10:45 am

    Dear CB,

    As preeti rightly says whatever would we do without your advice....exited fed bank at 295.2 earlier....


    Warm Regards,

    DS

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