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. CB Says:
    April 23rd, 2010
    Posted at: 8:44 am

    Hi Lata, Good morning. enter around 27

    Hi rohit, hdfc bank looks a bit weak. dont go long on it. other trades can be taken depending on market movement

    Hi S.MAHESH, thanks.


  2. CB Says:
    April 23rd, 2010
    Posted at: 8:45 am

    Hi DEV, can add 3-4rs.

    Hi LEO, support is lower at 5200. not sure of a bounce yet


  3. ARAVIND Says:
    April 23rd, 2010
    Posted at: 8:45 am

    HI CB which is the resistance level of icicibank in the short period


  4. shipra Says:
    April 23rd, 2010
    Posted at: 8:45 am

    HI CB u r back! how is ivrcl for intra


  5. uday Says:
    April 23rd, 2010
    Posted at: 8:46 am

    cb.............wats ur view on BHEL? I'm holding BHEL 2600 CALL @5 and now its trading at @3.2.wat should i do? should i hold it or sell it? any chance of seeing BHEL @2550 in this expiry?


  6. CB Says:
    April 23rd, 2010
    Posted at: 8:47 am

    Hi ARAVIND, its around 980-1000

    Hi shipra, yes.. dont enter it yet.. wait for some time. faces some resistance at 180


  7. shipra Says:
    April 23rd, 2010
    Posted at: 8:47 am

    Also UR federalbk has started moving tar today?


  8. CB Says:
    April 23rd, 2010
    Posted at: 8:48 am

    Hi uday, hold it with sl at 2450 for now. its looking good. can add some.

    Hi chandu, buy some of gammon infra on dips.


  9. CB Says:
    April 23rd, 2010
    Posted at: 8:49 am

    Hi shipra, yes, seems to be given a good closing. can add 4-5rs.


  10. ttsathya Says:
    April 23rd, 2010
    Posted at: 8:49 am

    Pl advice On ZEEL fut Shorte @260. To Wait or book huge loss


  11. Shanthi Says:
    April 23rd, 2010
    Posted at: 8:49 am

    Hi CB, Can I short Tatamotors @836 ?


  12. satya Says:
    April 23rd, 2010
    Posted at: 8:50 am

    Good Morning CB...!
    I have Buy Crompton at 273 What should I do ?


  13. CB Says:
    April 23rd, 2010
    Posted at: 8:50 am

    Hi ttsathya, we will need to hold it. dont book loss now.


  14. CB Says:
    April 23rd, 2010
    Posted at: 8:51 am

    Hi Shanthi, no, it looks strong

    Hi satya, Good morning. hold it for short term. seeing some profit booking. technically looks good. will bounce back in coming days.


  15. dak Says:
    April 23rd, 2010
    Posted at: 8:51 am

    CB, how much can reliance go if results are good?


  16. nalini Says:
    April 23rd, 2010
    Posted at: 8:51 am

    good morning sir today tar crompton creaves it reach 268 thank u

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