Quotes with Resistance & Support
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Intraday calls for 30-04-12

Posted on: April 30th, 2012 at 8:27 am

Markets likely to open slightly higher. Support for nifty is at 5150 and resistance at 5245

Buy Reliance Infra at 515, target: 528. Stoploss: 503 – (Book profit in Rel infra at 527-528)
Buy DLF at 182, target: 188. Stoploss: 178

10.00am – Buy SBI at 2150, target: 2175. Stoploss: 2132. (1-2 day hold) – (Continue to hold SBI)

For Technical view on Nifty, Bharti Airtel, Reliance industries and Cairn India, Click here:

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290 Responses

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  1. micky-intrday Says:
    April 30th, 2012
    Posted at: 8:58 am

    Hi CB, ok thnks cb so long jau jain par


  2. CB Says:
    April 30th, 2012
    Posted at: 8:59 am

    Hi nv, not yet. enter if nifty crosses resistance at 5240

    Hi Akash, yes. these are good bets.

    Hi micky-intrday, ok


  3. cvrprakash Says:
    April 30th, 2012
    Posted at: 8:59 am

    Dear CB,

    Good Morning.
    Can I buy Nifty 5200 PA using today's slight up move?
    Please give me any CA/PA for this May month.


  4. CB Says:
    April 30th, 2012
    Posted at: 9:00 am

    Hi cvrprakash, Good morning. no, dont enter a pe yet. above 5240 can add some more.


  5. cvrprakash Says:
    April 30th, 2012
    Posted at: 9:03 am

    Dear CB,

    Please give me any CA/PA calls for this May series... I can take a risk till 3K
    Please give me one....
    Thanks.


  6. CB Says:
    April 30th, 2012
    Posted at: 9:04 am

    Hi cvrprakash, ok. enter a 5300 ce above 5245


  7. shariff Says:
    April 30th, 2012
    Posted at: 9:07 am

    good morning CB sir i had 1k essar oil which i had brought for 57 what its faith sir


  8. abab Says:
    April 30th, 2012
    Posted at: 9:07 am

    cb tgt for axisbank indiacem & ptc today


  9. MURUGAN Says:
    April 30th, 2012
    Posted at: 9:07 am

    GOOD MORNING CB PLEASE TELL ME THE TARGET FOR SINTEX TODAY TANK U


  10. CB Says:
    April 30th, 2012
    Posted at: 9:08 am

    Hi shariff, It did bounce back from strong support at 50. hold it for short term can see 59-60

    Hi abab, can test 1140. ptc around 60. not sure of india cem yet

    Hi MURUGAN, Good morning. it can see 73. technically it does look a bit weak below 78


  11. CB Says:
    April 30th, 2012
    Posted at: 9:10 am

    Hi Akash, ok. looks good.


  12. cvrprakash Says:
    April 30th, 2012
    Posted at: 9:10 am

    Thanks CB,

    Can you please share your view on IDBI? Is it a buy/sell now?

    Also suggest any better value stock to enter in Oil space... Petronet?


  13. CB Says:
    April 30th, 2012
    Posted at: 9:11 am

    Hi cvrprakash, idbi Looks weak. dont enter yet. no call in oil space as of now.


  14. Kb Trader Says:
    April 30th, 2012
    Posted at: 9:11 am

    Hi CB, yeahhh .. after long time :)


  15. Bhima Says:
    April 30th, 2012
    Posted at: 9:13 am

    Dear Folks.....

    Gud Mng............... Have a nice and profitable day.................


  16. CB Says:
    April 30th, 2012
    Posted at: 9:13 am

    Hi Bhima, Good morning.. you too have a good day

    Hi Kb Trader, yep

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