Quotes with Resistance & Support
Market Information

Intraday calls for 06-05-16

Posted on: May 6th, 2016 at 8:28 am

Markets likely to open lower. Support for Nifty is at 7700 and resistance at 7820. Bank Nifty has support at 16200 and resistance at 16500.

Buy Multi Commodity Exchange near 910, target: 925. Stoploss: 898 – (Avoid MCX  due to gap down opening)

9.24am – Buy Larsen and Tubro at 1267, target: 1290. Stoploss: 1250 – Continue to hold for BTST.

SMS Alerts, no more page refreshes required

Now get Intraday, Pre-market and market hour calls instantly through SMS for as low as for 1500rs for 3 months
name
cell no.
email

141 Responses

{ ADD YOUR OWN }
Comment pages: 123456789Show all

  1. Giri Says:
    May 8th, 2016
    Posted at: 6:07 pm

    Hi CB Sir

    Advice on UnionBank for Monday, Holding 120 CE


  2. CB Says:
    May 8th, 2016
    Posted at: 6:27 pm

    Hi Prathmesh, Good evening. no, not really sure of any news on it

    Hi Giri, its a hold with sl near 115. can test 120

    Hi Monisha, its best to avoid options. its quite risky. would advice to trade in equity in cash for now

    Hi Ravi, can test 370 it seems

    Hi Harshal, yes, its finding good support at 102-103 levels. if holds onto it, can bounce back from here. hold for now. exit 50% if breaks 102.


  3. Giri Says:
    May 8th, 2016
    Posted at: 6:54 pm

    Hi CB,

    Thanks CB sir


  4. Monisha Says:
    May 8th, 2016
    Posted at: 7:33 pm

    Ok sir agree ur advice but i am holding call and put asvice to come out without loss please


  5. vijay Says:
    May 8th, 2016
    Posted at: 7:47 pm

    Hi, cb

    We can buy any sugar stock ,


  6. rajasekar Says:
    May 8th, 2016
    Posted at: 8:02 pm

    Hi CB, Sir, I still holding 7600&7700PE & 8000ce, Shall i hold this or advice which one i can exit tomorrow


  7. Anupam Says:
    May 8th, 2016
    Posted at: 10:00 pm

    HI,

    I have jindal steel and power PE 60 @1.75. Its volume is very low. Should i hold or exit


  8. harshal Says:
    May 8th, 2016
    Posted at: 10:47 pm

    Hello Sir, please suggest target for ZEEL. Is it good buy on opening if opens around 405-406 for intraday or short term? Also how does Spicejet look technically for short(1 week) and long term(1 year).
    Any idea on opening of Thyrocare tomorrow? It has been oversubscribed by 73.55 times in a price band of Rs 420-446. Can we enter for intraday/short/long term or wait for a month to enter it?


  9. ASHOKBHAI Says:
    May 8th, 2016
    Posted at: 11:17 pm

    Everyone speak their own experience.
    In my view trading Cash is most risky. I am above 60 & traded maximum in options. All my dreams completed by trading in Options..
    My own experience in option is best so I prefer & recommend Options. Of course selection of option is important. Otherwise risk is everywhere.


  10. mrp Says:
    May 9th, 2016
    Posted at: 12:19 am

    Hi CB, shall we add TVS ELE for short / medium term ? Any trgt for 3 months ?? Tq


  11. rajasekar Says:
    May 9th, 2016
    Posted at: 7:27 am

    CB Sir, all global are positive, shall exit my 7600pe&7700pe and average my 8000ce toady opening.

    what is your view on this expiry nifty will close


  12. CB Says:
    May 9th, 2016
    Posted at: 8:00 am

    Hi Giri, most welcome

    Hi rajasekar, not yet. these are a hold for now

    Hi mrp, it is going weak. avoid for now

    Hi harshal, zee has strong support at 395-400 levels. can add few here for short term. spicejet is facing resistance at 75-76 levels. dont enter yet. not really sure of thyrocare.

    Hi Anupam, its a hold. does look weak. can test 62

    Hi vijay, can add some of bajaj hind above 20.50

    Hi Monisha, puts are a hold for now. try and exit ce on rise


  13. rajasekar Says:
    May 9th, 2016
    Posted at: 8:01 am

    Hi CB, sir, u mean still nifty in weak trend, if open green today what can i do my PE's and what about Nifty likely to reach on expiry


  14. sensex Says:
    May 9th, 2016
    Posted at: 8:20 am

    Can I buy reliance for tgt of 999 ?


  15. CB Says:
    May 9th, 2016
    Posted at: 8:25 am

    Hi sensex, not yet. looks weak

    Hi rajasekar, shall hold pe's. markets are likely to remain volatile.


  16. rajasekar Says:
    May 9th, 2016
    Posted at: 8:27 am

    Hi CB, ok thank u sir

Comment pages:123456789Show all

  1. Your name>
    Change your image

    Note: rel="nofollow" in use - do not spam, do not advertise!

Interesting Posts:

Breakouts

+ve 30 DMA    50 DMA    150 DMA    200 DMA
-ve 30 DMA    50 DMA    150 DMA    200 DMA

Latest Query

Samrudhiglobal.com wishing you and your friends and family Advance xmas and Happy New year...view more »
- by Sam
Status: Awaiting reply

Market Stats

Search Our Archives

Latest Investment Idea

Recent Comments