Quotes with Resistance & Support
Market Information

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. MANI Says:
    April 29th, 2016
    Posted at: 10:06 am

    Sir is it right time to buy prakash steelage ?


  2. CB Says:
    April 29th, 2016
    Posted at: 10:24 am

    Hi MANI, it is going a bit weak. avoid for now

    Hi SIDDHARTH, Good morning. its a hold for now. sl near 195. can test 189

    Hi Harshal, it can test 590-592

    Hi SaiPalanivel, can add lower near 7820

    Hi Ajith, can test 106

    Hi Rahul, Good morning. not yet. has resistance at 195-196


  3. Ranga Says:
    April 29th, 2016
    Posted at: 10:28 am

    Guru, I am short in HCLTECH at 765, your view for intraday please, SL , target??


  4. Nilesh Wagle Says:
    April 29th, 2016
    Posted at: 10:28 am

    Hi Sir any target for wockhard?


  5. CB Says:
    April 29th, 2016
    Posted at: 10:28 am

    Hi Ranga, its a hold. can test 758. sl near 767


  6. SaiPalanivel Says:
    April 29th, 2016
    Posted at: 10:29 am

    ok sir thanks


  7. CB Says:
    April 29th, 2016
    Posted at: 10:29 am

    Hi Nilesh Wagle, can test 1018 sl near 995


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

    Hi CB, sir was holding nifty pe of 7700 @ 63 - 2 lots any chances of getting something


  9. CB Says:
    April 29th, 2016
    Posted at: 10:29 am

    Hi SaiPalanivel, most welcome.


  10. CB Says:
    April 29th, 2016
    Posted at: 10:29 am

    Hi PKP, yes, can expect some downside in a day or 2. hold for now.


  11. Nilesh Wagle Says:
    April 29th, 2016
    Posted at: 10:30 am

    thanks sir


  12. Rajasekar Says:
    April 29th, 2016
    Posted at: 10:32 am

    Hi CB, .I bought 8200ce@34(2 Lots). Can I hold or exit and can take Nifty PE

    Pl advice


  13. Ranga Says:
    April 29th, 2016
    Posted at: 10:33 am

    ok thanks.


  14. PKP Says:
    April 29th, 2016
    Posted at: 10:35 am

    Hi CB, thanks sir


  15. shweta Says:
    April 29th, 2016
    Posted at: 10:35 am

    hello sir, Holding Bharat forg @815 in cash. any chace of recovery


  16. CB Says:
    April 29th, 2016
    Posted at: 10:39 am

    Hi Nilesh Wagle, most welcome

    Hi shweta, its near strong support levels. hold for few days. can bounce back

    Hi PKP, most welcome

    Hi Ranga, most welcome

    Hi Rajasekar, hold for now. hedge with a 7800pe

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