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. SIDDHARTH Says:
    April 29th, 2016
    Posted at: 9:58 am

    HELLO CB
    GOOD MORNING
    I HAVE SHORTED SBI MAY FUT 193.20 1 LOT
    WHAT U SUGGEST SHOULD I HOLD IT OR EXIT


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

    Sir is it right time to buy prakash steelage ?


  3. 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


  4. 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??


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

    Hi Sir any target for wockhard?


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

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


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

    ok sir thanks


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

    Hi Nilesh Wagle, can test 1018 sl near 995


  9. 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


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

    Hi SaiPalanivel, most welcome.


  11. 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.


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

    thanks sir


  13. 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


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

    ok thanks.


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

    Hi CB, thanks sir


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

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

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