Quotes with Resistance & Support
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Intraday calls for 23-04-12

Posted on: April 23rd, 2012 at 8:26 am

Markets likely to open flat. Resistance for nifty is at 5340 and support at 5270

Buy Tata Steel at 468-470, target: 478. Stoploss: 462 – (Book profit in Tata steel at 477.50-478)

1.36pm – Sell Jindal steel (fut) at 493, target: 480. Stoploss: 505 – (Book profit in Jindal steel at 484.50)

1.41pm – Exit HDFC bank at 547

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350 Responses

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  1. Ham Says:
    April 23rd, 2012
    Posted at: 3:07 pm

    Hi CB,
    Got my target of 5200 and am expecting 5050-5100 before expiry..........
    whats ur opinion ???


  2. VIBHU Says:
    April 23rd, 2012
    Posted at: 3:08 pm

    hi all buy nifty 5205 Target 5290 5330 in 3 days


  3. CB Says:
    April 23rd, 2012
    Posted at: 3:09 pm

    Hi Ham, yes, can test 5150 it seems.


  4. SS Says:
    April 23rd, 2012
    Posted at: 3:10 pm

    Hi CB,
    Exited Reddy short. Can we short Kotak and hold cairn short for tomorrow?


  5. CB Says:
    April 23rd, 2012
    Posted at: 3:10 pm

    Hi Vasanth, yes. guess will need to hold a bit longer. markets are not really doing much on the upside


  6. CB Says:
    April 23rd, 2012
    Posted at: 3:11 pm

    Hi SS, no, lets wait till tomorrow


  7. SS Says:
    April 23rd, 2012
    Posted at: 3:12 pm

    Hi CB,
    Thanks CB. Should I continue to hold cairn short (in loss) ?


  8. Ham Says:
    April 23rd, 2012
    Posted at: 3:13 pm

    Hi CB, Thanx a lot CB.......


  9. Vasanth Says:
    April 23rd, 2012
    Posted at: 3:15 pm

    HI CB,

    Bought 5100PE... Shall i hold r book profit??How ll be the Mkt tomm??


  10. CB Says:
    April 23rd, 2012
    Posted at: 3:15 pm

    Hi SS, yes. hold for now.

    Hi Ham, most welcome


  11. CB Says:
    April 23rd, 2012
    Posted at: 3:15 pm

    Hi Vasanth, yes, hold it. can test 5170


  12. Mohan Says:
    April 23rd, 2012
    Posted at: 3:17 pm

    hi CB,
    i am holding 20 lots of 5100 P.E bought around 5208..shall i hold it for tomorrow?


  13. Rohit Says:
    April 23rd, 2012
    Posted at: 3:17 pm

    Hi CB, How does Titan look for a months time??


  14. Vasanth Says:
    April 23rd, 2012
    Posted at: 3:17 pm

    Thnx CB............


  15. palanivel Says:
    April 23rd, 2012
    Posted at: 3:17 pm

    HI CB SIR,GE. WHAT HAPPEN MARKET TODAY QUICK FALL 85 POINTS ANY -VE NEWS ? I AM HOLD 5300 CE AND PTC 66.00 LEVEL WHAT CAN I DO?


  16. hitesh Says:
    April 23rd, 2012
    Posted at: 3:18 pm

    hi cb holding shorts on tata steel and sbin should i hold or exit short

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