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. AJ Says:
    April 23rd, 2012
    Posted at: 9:03 am

    Any hope of recovery in IND CEM?


  2. CB Says:
    April 23rd, 2012
    Posted at: 9:04 am

    Hi AJ, yes, has corrected quite a bit.


  3. abab Says:
    April 23rd, 2012
    Posted at: 9:05 am

    cb tata steel already @ 475 in preopen session can it entered now or shall i wait for dips near 468


  4. ani Says:
    April 23rd, 2012
    Posted at: 9:06 am

    Hi CB,

    Sir holding tcs 1200 @5...plz suggest wat to do...nw [email protected].....


  5. CB Says:
    April 23rd, 2012
    Posted at: 9:07 am

    Hi abab, no, enter if dips to 470

    Hi k fathima, its just people bidding at different prices.. not sure of the entire procedure.


  6. Sourabh Says:
    April 23rd, 2012
    Posted at: 9:08 am

    Gud Mrng CB SIr...


  7. CB Says:
    April 23rd, 2012
    Posted at: 9:08 am

    Hi ani, its a hold with sl at 1070 for now

    Hi Akash, depends on how global markets react.


  8. CB Says:
    April 23rd, 2012
    Posted at: 9:08 am

    Hi Sourabh, Good morning.


  9. gaps Says:
    April 23rd, 2012
    Posted at: 9:08 am

    Hi CB, what is the outlook for IDBI bank and century text today


  10. CB Says:
    April 23rd, 2012
    Posted at: 9:09 am

    Hi gaps, idbi may open higher after results. centex can see 361


  11. Sourabh Says:
    April 23rd, 2012
    Posted at: 9:11 am

    CB SIr.. Bought [email protected] intrday...please advise SL and trgt


  12. Akash Says:
    April 23rd, 2012
    Posted at: 9:11 am

    Hi CB, So shud I buy PE now?


  13. CB Says:
    April 23rd, 2012
    Posted at: 9:12 am

    Hi Sourabh, can see 864. sl near 840

    Hi Akash, not yet.


  14. Kumar Says:
    April 23rd, 2012
    Posted at: 9:14 am

    HI CB, Target of JP and Ashok ley today?


  15. manmin Says:
    April 23rd, 2012
    Posted at: 9:14 am

    hi ,

    Cb . good morning

    is algo trading going to take interest out from retail investors ?


  16. CB Says:
    April 23rd, 2012
    Posted at: 9:15 am

    Hi Kumar, could add 2-3% if markets bounce back from support of 5270

    Hi manmin, Good morning. no, not really sure about it.

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