Quotes with Resistance & Support
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Intraday calls for 02-05-11

Posted on: May 2nd, 2011 at 8:31 am

Markets likely to open a bit higher. Nifty has support at 5740.

Buy Timken India Ltd at 220.90, target: 229. Stoploss: 214

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619 Responses

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  1. ams Says:
    May 2nd, 2011
    Posted at: 8:41 am

    Hi CB,

    Good Morning.
    Can i enter PFC @ CMP?


  2. tejas gupta Says:
    May 2nd, 2011
    Posted at: 8:43 am

    Hi CB, sir holding calls in more qty. and puts in less qty. what should be my strategy for today . my calls are not in money ...


  3. CB Says:
    May 2nd, 2011
    Posted at: 8:44 am

    Hi Akash, hold for now. keep sl at 5780. seems may open flat today

    Hi usefor, yes, should be

    Hi ramesh, it can test 226. hold for now


    Hi Avinash, :) ok. go with timken or reliance ind. invest 50% in each both look good

    Hi ams, Good morning. yes, enter in small quantity for now with sl at 220


  4. Akash Says:
    May 2nd, 2011
    Posted at: 8:45 am

    Hi CB, Ok. But the prob is that even market is falling, 4600 PE is not moving at all :( I bought at 3 and now it is just 1.45 :( When can I expect min 15 price in this?


  5. CB Says:
    May 2nd, 2011
    Posted at: 8:45 am

    Hi tejas gupta, for now hold calls with strict sl at 5740. possible see some bounce from here.


  6. CB Says:
    May 2nd, 2011
    Posted at: 8:46 am

    Hi Akash, yes, it won't move much since its far away. exit on rise for now.


  7. Akash Says:
    May 2nd, 2011
    Posted at: 8:48 am

    Hi CB, Oh.. Shud I buy some CE for May? Which one I can buy? I have just 1k remaining :(


  8. CB Says:
    May 2nd, 2011
    Posted at: 8:49 am

    Hi Akash, No, not sure of any withing the 1k range.


  9. dak Says:
    May 2nd, 2011
    Posted at: 8:50 am

    CB, Can I buy nifty futures when nifty is near 5780 ?


  10. CB Says:
    May 2nd, 2011
    Posted at: 8:51 am

    Hi dak, yes. if crosses 5780


  11. MICKY Says:
    May 2nd, 2011
    Posted at: 8:51 am

    hey Cb good mrn dude ...so wassa ?


    Am goin for pidilite and marico sahi hai na ?


  12. dinesh Says:
    May 2nd, 2011
    Posted at: 8:51 am

    hi cb, gm. holding moil at 394? ur opinion pls


  13. Mayur Says:
    May 2nd, 2011
    Posted at: 8:52 am

    Hi CB, Good Morning Sirji.. How are you today...??? its always good to see u in morning everyday to support us.. thanks sirji.. thanks.. :)


  14. CB Says:
    May 2nd, 2011
    Posted at: 8:52 am

    Hi MICKY, Good morning..:) have a good day. yes, go with Pidilite.looks good

    Hi dinesh, fundamentally its a strong bet. can expect a bounce in it soon. good support at 375


  15. anoop Says:
    May 2nd, 2011
    Posted at: 8:54 am

    gudmorning


  16. MICKY Says:
    May 2nd, 2011
    Posted at: 8:54 am

    Hey thnxs tiger enjoi and happy trading trading :)

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