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. CB Says:
    April 23rd, 2012
    Posted at: 3:19 pm

    Hi Mohan, yes, its a hold

    Hi Rohit, if breaks 232 could fall further

    Hi Vasanth, msot welcome

    Hi palanivel, not sure of any news. global markets have turned weak. exit from the nifty ce for now.


  2. CB Says:
    April 23rd, 2012
    Posted at: 3:19 pm

    Hi hitesh, yes, hold these for now.


  3. subodh Says:
    April 23rd, 2012
    Posted at: 3:19 pm

    Cb...CB....Cb...cb....Thanks thanks thanks a lot...Todays losses were all recovered by ur Jindal steel Sell call......Wonderful....Keep up the good work...


  4. CB Says:
    April 23rd, 2012
    Posted at: 3:19 pm

    Hi subodh, you are always welcome.


  5. subodh Says:
    April 23rd, 2012
    Posted at: 3:20 pm

    CB can u plz tell me which options can i buy tomorrow


  6. vijay Says:
    April 23rd, 2012
    Posted at: 3:20 pm

    Hi CB,
    Any specific news why is market falling so drastically...?


  7. palanivel Says:
    April 23rd, 2012
    Posted at: 3:21 pm

    cb sir, nfty ce very down level? not +ve tomorrow recover ?


  8. vijay Says:
    April 23rd, 2012
    Posted at: 3:22 pm

    Hi CB,
    I got struck with Denabank long covered the short one but is gng down like anything
    what do do ?


  9. CB Says:
    April 23rd, 2012
    Posted at: 3:22 pm

    Hi subodh, as of now no new call. lets wait till tomorrow

    Hi vijay, no, don't see any news yet

    Hi palanivel, cannot be sure yet. lets see how US markets close.


  10. CB Says:
    April 23rd, 2012
    Posted at: 3:24 pm

    Hi vijay, would advice to hedge it with a 90 pe for now.


  11. PRAVIN Says:
    April 23rd, 2012
    Posted at: 3:26 pm

    HI
    CB SIR
    can enter to RIL wit small quantity ??now


  12. CB Says:
    April 23rd, 2012
    Posted at: 3:27 pm

    Hi PRAVIN, not yet. enter it tomorrow if trades above 740 for few min


  13. G Says:
    April 23rd, 2012
    Posted at: 3:30 pm

    hi CB, holding jain irrigation 300shares @ 108 and ambuja cement 200 shares @ 168.
    Plz suggest any stratagy to get out of this position. My most of the money is blocked..


  14. airbites Says:
    April 23rd, 2012
    Posted at: 3:31 pm

    Hi CB,

    I am holding 5300PE.... Now if tommorow Nifty consolidate between 5180-5220... will i earn time decay OR i will loose and the price will be slip lower....


  15. sunny Says:
    April 23rd, 2012
    Posted at: 3:36 pm

    hi cb. other than europe being negative was there any other negative news that market fell so much ?


  16. Venkat Says:
    April 23rd, 2012
    Posted at: 3:41 pm

    CB Sir, Thanks Thanks Thanks i bought 5200Pe @ 26 on friday and today it's 52 you told me to hold and i am in huge profit from huge loss again thanks thank you thank you thank you thanks......

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