Quotes with Resistance & Support
Market Information

Intraday calls for 29-04-11

Posted on: April 29th, 2011 at 8:29 am

Markets likely to open flat, Resistance for nifty is at 5880 and support at 5745

Buy Bajaj Corp around 550, Target: 565, SL 542

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745 Responses

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Comment pages: 202122232425262728Show all

  1. pk Says:
    April 29th, 2011
    Posted at: 1:45 pm

    Hi CB , its time to invest in market now ?


  2. Kartik Says:
    April 29th, 2011
    Posted at: 1:46 pm

    Hi pk, wait for a few more days


  3. raj gupta Says:
    April 29th, 2011
    Posted at: 1:46 pm

    Anyone please tell me ...are European markets closed today ? can nifty bounce from here ? i m in big loss in 5900 call.


  4. Sunil Rao Says:
    April 29th, 2011
    Posted at: 1:46 pm

    Hi Akash, What are the chances of Nifty going below 4600 by May expiry??? Exit it.

    Hi tuff money, Above 5630-40.


  5. cvrprakash Says:
    April 29th, 2011
    Posted at: 1:46 pm

    Hi Kartik,

    Holding Union Bank of India @ 350 levels. Can I buy more now?


  6. pk Says:
    April 29th, 2011
    Posted at: 1:47 pm

    Hi Kartik , Thanks


  7. Kartik Says:
    April 29th, 2011
    Posted at: 1:47 pm

    Hi raj gupta, as of now we look weak, would be better to hedge with PE


  8. Kb Says:
    April 29th, 2011
    Posted at: 1:47 pm

    Hi Sunil Rao, GA :)


  9. Vivek Shah Says:
    April 29th, 2011
    Posted at: 1:47 pm

    market gone..........


  10. Kartik Says:
    April 29th, 2011
    Posted at: 1:47 pm

    Hi cvrprakash, dont add more yet, Markets look weak

    Hi pk, most welcome


  11. lakish Says:
    April 29th, 2011
    Posted at: 1:47 pm

    Hi Kartik, thanx for your reply


  12. Sunil Rao Says:
    April 29th, 2011
    Posted at: 1:48 pm

    Hi Kartik, GA :)

    Hi Kb, GA :)


  13. tuff money Says:
    April 29th, 2011
    Posted at: 1:48 pm

    thanks kartik...

    @ akash , i hope u've factored in cost of options - which is often many rupees unless u are a frequent derivatives tradertrader - to ur Rs 3 cost of aquiring for 4600 pe.... Dude dont buy options so out of the money.. buy few lots of 100 up or down from current spot value... its more economical as smaller moves on index show profits easier


  14. cvrprakash Says:
    April 29th, 2011
    Posted at: 1:49 pm

    Should I Exit Union Bank of India? Or hold to see my Cost price Rs.350 back?


  15. Akash Says:
    April 29th, 2011
    Posted at: 1:49 pm

    Hi Kartik, Ok. I can even hold it for May month too but the prob is that it is not moving at all. Even Nifty is 30 Points down, it is not even moved 5 paisa. Will it see 15-20 level or not and for that till what level Nifty shud go down?


  16. Shereef Says:
    April 29th, 2011
    Posted at: 1:49 pm

    Hi Sunil Rao,

    Perfect NIFTY Call........Congrats.

    Best Wishes.

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