Quotes with Resistance & Support
Market Information

Intraday calls for 03-05-16

Posted on: May 3rd, 2016 at 8:29 am

Markets likely to open flat. Support for Nifty is at 7750 and resistance at 7860. Bank Nifty has support at 16350.

If markets show recovery later during the day, buy: BHEL

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135 Responses

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  1. CB Says:
    May 3rd, 2016
    Posted at: 5:43 pm

    Hi CA.Tejas, its a hold for short term. can test 425-430 levels.

    Hi bhaumik, it is in an uptrend. if possible hold for few days. can test 50-52

    Hi MANI, it is in a downtrend. would advice to exit from it. invest the money in lpdc. will help recover loss sooner

    Hi akhil, not yet. is going weak

    Hi Soma, can enter a pe below 7720. can test 7650

    Hi RajaSekar, yes, did give a negative breakout today. will need to exit from these on a small bounce tomorrow.

    Hi trade4444, can add some of cairn for now

    Hi jagadeesh, seems is seeing selling pressure along with global markets

    Hi SaiPalanivel, thanks. ril is a hold for few days if possible.


  2. RajaSekar Says:
    May 3rd, 2016
    Posted at: 5:46 pm

    Hi CB, that mean market will go further down side in coming days??? i have to exit CE tomorrow and enter with PE or wait


  3. Nikhil Says:
    May 3rd, 2016
    Posted at: 5:47 pm

    Hello CB Sir,

    Your view on Voltas please ? I'm holding futures 3200@ 302.60 and CMP 298.15.
    Any chances to recover ?


    Thanks,
    Nikhil


  4. CB Says:
    May 3rd, 2016
    Posted at: 5:57 pm

    Hi RajaSekar, if trades below 7720 for few min, can fall further to 7650. yes, can exit ce on a small bounce and enter a pe

    Hi Nikhil, its near strong support of 293-295 levels. can bounce back from here. hold for now. if possible hedge with a 290pe. its a hold.


  5. Nikhil Says:
    May 3rd, 2016
    Posted at: 6:33 pm

    Thank you CB sir.


  6. CB Says:
    May 3rd, 2016
    Posted at: 6:55 pm

    Hi Nikhil, most welcome.


  7. narendra.v Says:
    May 3rd, 2016
    Posted at: 7:03 pm

    Hi. .cb. .sir. ...
    I bought jetair.640. Ce.25. Hold or exit. Please advise sir


  8. APOORV Says:
    May 3rd, 2016
    Posted at: 7:04 pm

    HELLO CB, SAW A BULLISH DIVERGENCE ON THE 15 MIN CHART OF HINDALCO. WHAT ARE YOUR VIEWS ON INTRADAY TOMORROW?


  9. sauravktr Says:
    May 3rd, 2016
    Posted at: 7:15 pm

    any options or futures call for now sir


  10. siva Says:
    May 3rd, 2016
    Posted at: 7:49 pm

    holding crompton 1000 @57.85 , why crompton gone down suddenly and suggest short term target plsss


  11. mohamed Says:
    May 3rd, 2016
    Posted at: 9:01 pm

    Hi..cb..tmrw ..upl target


  12. rishikanta Says:
    May 3rd, 2016
    Posted at: 9:17 pm

    sir I m holding vedl 115ce bought at 4.55 rs and nifty 8300ce @ 8.6rs plz suggest what to do


  13. deepak7791 Says:
    May 4th, 2016
    Posted at: 12:09 am

    CB

    Holding Bharat forge future at 816, Bata in cash at 580 and Suntv n cash at 371. Your opinion please


  14. CB Says:
    May 4th, 2016
    Posted at: 7:33 am

    Hi deepak7791, bharat forge is a hold. has good support at 790. can bounce back. others are a hold for few days. dont add more yet

    Hi rishikanta, vedanta is going strong. its a hold for now hold nifty ce with sl at 7720

    Hi mohamed, seems may remain a bit weak today with markets

    Hi siva, its a hold for short term. can test 60-62 levels

    Hi sauravktr, no, nothing new yet

    Hi APOORV, if holds onto support of 95-95.5, can bounce back from here

    Hi narendra.v, its a hold. can test 635. sl near 614


  15. varun Says:
    May 4th, 2016
    Posted at: 5:44 pm

    hello sir
    i have 5000 shares of amtek auto @ 39.5
    suggest something sir

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