Quotes with Resistance & Support
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Intraday calls for 24-04-09

Posted on: April 24th, 2009 at 9:31 am

Short sell: ICICI bank at 424, target: 415. Stoploss: 429

If markets show recovery:
Buy Reliance communication at 220-222, target: 232. Stoploss: 217 and Tata Steel

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261 Responses

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Comment pages: 91011121314151617Show all

  1. Deepak Says:
    April 24th, 2009
    Posted at: 3:23 pm

    have a call option 270 CA at 8 Rs. Shall i hold on to it with SL of 5 Rs.


  2. CB Says:
    April 24th, 2009
    Posted at: 3:25 pm

    Hi Deepak, yes.. hold it


  3. Deepak Says:
    April 24th, 2009
    Posted at: 3:26 pm

    Ok thanks a lot CB. You have helped me whenever i was in confusion. Thanks a lot.


  4. S.K. Says:
    April 24th, 2009
    Posted at: 3:26 pm

    HOW U SEE ESSAR OIL TOOK DELIVERY AT 171.00


  5. CB Says:
    April 24th, 2009
    Posted at: 3:29 pm

    Hi Deepak, most welcome..

    Hi S.K., ok.. hold it.. it has resistance ast 180-182..above this it can see 200+


  6. S.K. Says:
    April 24th, 2009
    Posted at: 3:31 pm

    THNX C.B. FOR UR GENIUNE EFFORTS..HV A NICE WEEKEND.


  7. vvdp Says:
    April 24th, 2009
    Posted at: 3:38 pm

    THANKS FOR THE CALLS CB...THOUGHT I LOST.MERE....1K...GREAT CALLS...ALL AROUND..


  8. Ramakil Says:
    April 24th, 2009
    Posted at: 7:02 pm

    CB, thanks for your tips and advises... overall a good week... have a gr8 weekend... wont be available next week..going to miss the market.. all the best to u and all traders...


  9. RAJ Says:
    April 24th, 2009
    Posted at: 7:18 pm

    how do you trade VIJAYA BANK .... short term TGT
    i'm holding 500 shares of VIJAYA BANK @28.50, whats your perception.


  10. RAJ Says:
    April 24th, 2009
    Posted at: 7:24 pm

    could u suggest me a trading company which charges lowest brokerage, in cash as well f&o.


  11. HP Says:
    April 24th, 2009
    Posted at: 8:03 pm

    how is axis bank going to perform on monday


  12. CB Says:
    April 24th, 2009
    Posted at: 8:53 pm

    Hi S.K. and vvdp, thanks.. Happy weekend.

    Hi Ramakil, most welcome.. Happy weekend..

    Hi RAJ, Religare is cheap.. Indiabulls also..


  13. CB Says:
    April 24th, 2009
    Posted at: 11:32 pm

    Hi RAJ, It has resistance at 30-32... above this it can touch 40

    Hi HP, Axis bank looks good.. It can see 580 in short term


  14. Sunil Says:
    April 25th, 2009
    Posted at: 3:30 pm

    Hi CB,

    Now Nifty is above 200 DMA means it has got break out in terms of technical so what can be the new target for the nifty and how you calculate the same.
    thanks in advance.


  15. CB Says:
    April 25th, 2009
    Posted at: 7:38 pm

    Hi Sunil, we did cross 200DMA but resistance is at 3500-3520. .last 2 times we have seen profit booking/shorting at this level..a close above 3520 would trigger another upmove..


  16. senthil Says:
    April 26th, 2009
    Posted at: 3:10 am

    hai CB,how abt market opening on 27th April,can i have few recommendations for
    intraday

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