Quotes with Resistance & Support
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Intraday calls for 29-04-16

Posted on: April 29th, 2016 at 8:33 am

Markets likely to open slightly lower. Support for Nifty is at 7750-7780 and resistance at 8000. Bank Nifty has support at 16500 and resistance at 17050.

Buy JSW steel on dips near 1360, target: 1382. Stoploss: 1355 – (Book profit in JSW steel at 1380)

1.01pm – Sell Aurobindo Pharma at 757.50, target: 745. Stoploss: 764 – (Exit from Aurobindo at 760)

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171 Responses

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  1. CB Says:
    April 29th, 2016
    Posted at: 8:45 am

    Hi umesh, ajanta is going strong. can test 1600 in coming days. aurobindo below 760 can fall further

    Hi ANI, Good morning. seems these may remain a bit flat today. infy can test 1225 if holds onto 1195

    Hi PKP, not yet. can enter nifty ce on dips near 7780


  2. Krish Srinivas Says:
    April 29th, 2016
    Posted at: 8:46 am

    Dear CB sir, I'm holding 650 add shares of smartlink networks @98/- per share what should I do now?


  3. Shiva Says:
    April 29th, 2016
    Posted at: 8:46 am

    is it time to book profits in lloyd electric?


  4. CB Says:
    April 29th, 2016
    Posted at: 8:46 am

    Hi Krish Srinivas, if possible hold for few days. its a strong bet. will bounce back

    Hi Shiva, yes, book 50% for now


  5. PKP Says:
    April 29th, 2016
    Posted at: 8:48 am

    Hi CB, thank you very much sir for the guidance


  6. a2b Says:
    April 29th, 2016
    Posted at: 8:48 am

    dearcb tgt for bergerpaint and jindrill for today please


  7. Kk Says:
    April 29th, 2016
    Posted at: 8:49 am

    Hi sir
    How about babk of baroda today


  8. CB Says:
    April 29th, 2016
    Posted at: 8:49 am

    Hi PKP, most welcome

    Hi a2b, berger can test 270-271. not sure of jindal drilling


  9. CB Says:
    April 29th, 2016
    Posted at: 8:50 am

    Hi Kk, can test 163


  10. Vijay Says:
    April 29th, 2016
    Posted at: 8:50 am

    Hi CB sir,
    What is ur view on DLF for 2-3 days?


  11. SREE Says:
    April 29th, 2016
    Posted at: 8:50 am

    wherz my post ?


  12. CB Says:
    April 29th, 2016
    Posted at: 8:52 am

    Hi SREE, it would be on page 1

    Hi Vijay, does look good. can test 130-133 in coming days


  13. Prashant Says:
    April 29th, 2016
    Posted at: 8:52 am

    What is your view IRB? Also for for smartlink in market there is rumor that compnay will buyback for 110 is it true?


  14. Prashant Says:
    April 29th, 2016
    Posted at: 8:53 am

    I am holding binani industries at 115. Do i add more or it is hold for long term?


  15. CB Says:
    April 29th, 2016
    Posted at: 8:56 am

    Hi Prashant, irb is going weak. avoid for now. yes, smartlink is a hold. should recover back soon. binani is a hold. dont add more yet.shall add few more above resistance of 70


  16. Gautam Reddy Says:
    April 29th, 2016
    Posted at: 8:57 am

    Hi CB GM any call on Granules India and UPL?

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