Quotes with Resistance & Support
Market Information

Intraday calls for 30-04-13

Posted on: April 30th, 2013 at 8:36 am

Markets likely to open higher, Resistance for nifty is at 5960, support at 5840

Buy Apollo Tyres around 95.30, target: 98, SL 93.50 – (Can continue to hold Apollo tyres for 1-2 days if possible. looks good technically) – (Book profit in Apollo tyres at 97)

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311 Responses

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  1. Ram M Says:
    May 1st, 2013
    Posted at: 1:44 pm

    Ok - thanks CB for ur help :-)


  2. nishant Says:
    May 1st, 2013
    Posted at: 1:44 pm

    gov approved sub for urea comp


  3. Ashoka Says:
    May 1st, 2013
    Posted at: 2:00 pm

    Hi cb sar Next today nifty and banknifty level


  4. CB Says:
    May 1st, 2013
    Posted at: 2:19 pm

    Hi nishant, its a hold for now. can test 55-56. lets see how meeting goes

    Hi Ram M, most welcome

    Hi Ashoka, nifty has strong resistance at 5960. if crosses it, can move higher.


  5. nishant Says:
    May 1st, 2013
    Posted at: 4:59 pm

    gov announce today on subsidy is positive for chambal or not
    pls advice me


  6. Kartik Says:
    May 1st, 2013
    Posted at: 6:34 pm

    Hi nishant, can you share the link for the news, also, it posted strong results yesterday and seems may open higher tomorrow


  7. Kartik Says:
    May 1st, 2013
    Posted at: 6:34 pm

    Hi nishant, can you share the link for the news, also, it posted strong results yesterday and seems may open higher tomorrow http://www.business-standard.com/article/companies/chambal-fertilisers-fy13-net-up-51-at-rs-238-cr-113043000687_1.html


  8. nishant Says:
    May 1st, 2013
    Posted at: 6:47 pm

    what target you expect tommrow


  9. nishant Says:
    May 1st, 2013
    Posted at: 6:48 pm

    it will touch 60 in 3 4 days or not


  10. Kartik Says:
    May 1st, 2013
    Posted at: 6:56 pm

    Hi nishant, may open around 56, its likely to trade strong for a couple of days after its results


  11. PK Says:
    May 1st, 2013
    Posted at: 7:20 pm

    Sir suppose if RBI cut the rate & 99% all r expecting the same to b cut
    & if it's done then which banking share will c more out perform


  12. raushan Says:
    May 1st, 2013
    Posted at: 7:33 pm

    kartik sir
    yesterday i bought Tata motor 100@of 300 in margin
    i was aspecting its April sell number is going good
    but number comes not good sell number went down
    sir should i hold or more short sell on tomorrow


  13. Kartik Says:
    May 1st, 2013
    Posted at: 7:38 pm

    Hi PK, nearly all banks shall outperform

    Hi raushan, 300 acts as its resistance, hold the long for a couple of days more with a SL at 295 for a target of 310


  14. AR Says:
    May 1st, 2013
    Posted at: 9:41 pm

    Hi Kartik, How is reliance ind for shorting in futures?please advice the same for hdfc and hdfc bank.
    Thanks


  15. Kartik Says:
    May 1st, 2013
    Posted at: 10:08 pm

    Hi AR, Reliance can be shorted if it breaks 780 (support), HDFC faces support at 840, can be entered around CMP with a SL at 832 for a few days, avoid HDFC Bank for now


  16. pankaj Says:
    May 2nd, 2013
    Posted at: 8:29 am

    BUY HERO MOTO CMP 1644 STOP 1618 TARGET 1700

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