Quotes with Resistance & Support
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Intraday calls for 26-04-11

Posted on: April 26th, 2011 at 8:28 am

Markets likely to open a bit lower. Support for nifty is at 5850 and resistance at 5920

Buy Zee Entertainment Enterprises Ltd at 131.50-132, target: 136.50. Stoploss: 128.50

Trade in small quantity

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588 Responses

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Comment pages: 789101112131415Show all

  1. nagavenu Says:
    April 26th, 2011
    Posted at: 9:32 am

    Good Morning Sir,

    Shall I go with ZEE TEL at cmp as recommended by u as an intra-day????????


  2. tejas gupta Says:
    April 26th, 2011
    Posted at: 9:33 am

    Hi Mango, 9:11 AM 26-4 MARKET VIEW - 26.04.2011 - NIFTY LEVELS ARE SAME AS GIVEN IN MONDAY'S MARKET VIEW, MEDIUM TO LONG TERM TREND OF NIFTY IS BULLISH AND IT WILL REMAIN UP TILL NIFTY TRADING ABOVE 5400 AND NIFTY EVEN CAN HIT MAGICAL LEVEL OF 7000++ IN COMING MONTHS, OFCOURSE ZIG-ZAG MOVE WILL BE ALWAYS THERE, POSITIONAL TRADERS REMAIN LONG FOR OUR GIVEN TGTs. KEEP EYE ON LOWER SUPPORT LEVEL OF 5840/5800, NIFTY IS WEAK BELOW 5800, USE 5800-5840 ZONE FOR FRESH BUYING AND EXIT IF NIFTY SUSTAIN BELOW 5800, 5950 IS STRONG RESISTANCE LEVEL AND SHORT TRADERS CAN USE THIS LEVEL TO CREATE SHORTS WITH MAX SL OF 5970, ABOVE 5950 IF NIFTY SUSTAIN THEN IT CAN HIT 6060 AND MORE IN NO TIME, FOLLOW STRICT LEVELS AND ENJOYYY


  3. palanivel Says:
    April 26th, 2011
    Posted at: 9:34 am

    HI CB, H R U? NIFTY GOING TO CONTINUE DOWN RECOVER AFTER ? 1 TO 2 HOUR LATER?


  4. Abdullah Says:
    April 26th, 2011
    Posted at: 9:37 am

    Good Morning All :)


  5. tejas gupta Says:
    April 26th, 2011
    Posted at: 9:37 am

    Hi nagavenu, ya u ca enter in it 50 paise below frm cmp


  6. Mango Says:
    April 26th, 2011
    Posted at: 9:38 am

    Hi tejas gupta, again the dead levels. ok fine. enjoy ur trade.


  7. raj gupta Says:
    April 26th, 2011
    Posted at: 9:38 am

    can market come down to below 5800 today ?


  8. MICKY Says:
    April 26th, 2011
    Posted at: 9:39 am

    xCb thomas cook @ 60.80 mcleoad russel @ 278.30 wat this tsocks and can we short binani if touches 210


  9. jit... Says:
    April 26th, 2011
    Posted at: 9:39 am

    may i enter fresh short now,,hardly have cash to buy mini nifty,no money to hedge,,,may i short


  10. Akash Says:
    April 26th, 2011
    Posted at: 9:40 am

    Hi tejas gupta, Lost almost all money in 5900 CE. Now bought 5900 PE at 68. Will it see 175 today? or by Expiry. This can recover some of my loss but min 175 it shud touch.. Shud I hold.


  11. ttsathya Says:
    April 26th, 2011
    Posted at: 9:41 am

    Shall I sell &buy RIL holding-30 shares


  12. tejas gupta Says:
    April 26th, 2011
    Posted at: 9:42 am

    Hi jit..., ya you can short now nifty can see 5800 .


  13. YOGI Says:
    April 26th, 2011
    Posted at: 9:44 am

    Hi Abdullah, GM
    Hi Mango, HA.....


  14. Akash Says:
    April 26th, 2011
    Posted at: 9:45 am

    Hi tejas gupta, If Nifty sees 5800, then what will be the approx price of 5900 PE? Nifty is not 5825 and 5900 PE is now at 78. Can we expect min 110 if nifty goes below 5800.


  15. Rahul Says:
    April 26th, 2011
    Posted at: 9:47 am

    CB,
    wht is target in tata steel,
    short at 628


  16. tejas gupta Says:
    April 26th, 2011
    Posted at: 9:48 am

    Hi Akash, not likely but it may see 90. u can hold ur put till 5800 on nifty

    Hi ttsathya, ya u can sell it and again buy it near 5800 on nifty

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