Quotes with Resistance & Support
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Intraday calls for 08-05-12

Posted on: May 8th, 2012 at 8:30 am

Markets likely to open flat. Resistance for nifty is at 5180 and support at 5070

Buy Castrol India at 510, target: 522. Stoploss: 502 – (If entered Castrol, exit at 511)

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379 Responses

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  1. Kartik Says:
    May 8th, 2012
    Posted at: 10:04 pm

    Hi NEW2NIFTY, JP looks weak, seems may take a while to recover, continue to hold Titan for another 1-2 weeks, can add some more gains

    Hi KP, , they look weak with the Markets and seems may take a while to recover, if possible hold them for another 4-5 months time

    Hi sunil, dont enter them, they look weak overall, enter their PE's on rise

    Hi Kb Trader, GE

    Hi Pradeep, book tomorrow at opening, a small short covering rally can come in

    Hi SS, for now has been trading weak, if we manage to break 4940 (closing basis), seems could see some more downside ahead, seems may open lower tomorrow, lets wait to see how Asian ques react, keep a SL at 4940 for your longs tough

    Hi RAVI, DLF can be shorted

    Hi SB, seems to have reacted to the GLobal ques and also we have been seeing some FII selling lately, enter a PE to hedge tata steel

    Hi shashi, GE, most welcome


  2. NEW2NIFTY Says:
    May 8th, 2012
    Posted at: 10:09 pm

    Thanks CB


  3. Jagdish Says:
    May 8th, 2012
    Posted at: 10:11 pm

    Hi CB/Kartik, i have bought coal india may fut @336.25 can it see 340 tomorrow ?


    Can i find out top gainer stocks in back dates example like top gainer stock of 08 may 2011


  4. NEW2NIFTY Says:
    May 8th, 2012
    Posted at: 10:14 pm

    Thanks Kartik


  5. SK Says:
    May 8th, 2012
    Posted at: 10:17 pm

    Axisbank tomorrow?


  6. Aman Says:
    May 8th, 2012
    Posted at: 10:30 pm

    Hi CB/ Kartik..
    Today bought Shalimar Paints @ 445.. How do u see it.. Any support or resistance..


  7. Kartik Says:
    May 8th, 2012
    Posted at: 10:32 pm

    Hi NEW2NIFTY, most welcome

    Hi SK, looks weak, may open weak and give a small bounce

    Hi Jagdish, if Market support, can see around 338, hold it with a SL at 330


  8. Jagdish Says:
    May 8th, 2012
    Posted at: 10:52 pm

    Hi Kartik, Can i find out top gainer stocks in back dates for example top gainer stock of 08 may 2011


  9. Aman Says:
    May 8th, 2012
    Posted at: 11:11 pm

    Hi CB/ Kartik..
    Today bought Shalimar Paints @ 445.. How do u see it.. Any support or resistance..

    ..
    & WHAT ABT CEAT also..


  10. Dinesh Kumar Says:
    May 8th, 2012
    Posted at: 11:25 pm

    karthick... huge loss on past 2 days... why market going much low and low....


  11. CB Says:
    May 8th, 2012
    Posted at: 11:54 pm

    Hi Jagdish, you can check it on moneycontrol.com

    Hi Aman, above 420 does look good. can head upto 460 in near term

    Hi Dinesh Kumar, yes, markets are seeing selling pressure. as of now its best to go short on any bounce.


  12. Deora Says:
    May 9th, 2012
    Posted at: 8:17 am

    Hi Cb, Can i buy Castrol india, today for intraday , and which price


  13. CB Says:
    May 9th, 2012
    Posted at: 8:31 am

    Hi Deora, can enter near 510. can add 7-8rs.


  14. Fawaz Says:
    May 15th, 2012
    Posted at: 11:16 am

    Can i short sell HDIL? though seems strong but possibity of going down as per market?

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