Quotes with Resistance & Support
Market Information

Intraday calls for 02-05-12

Posted on: May 2nd, 2012 at 8:24 am

Markets likely to open slightly higher. Support for nifty is at 5180 and resistance at 5260.

Buy United Spirits at 782, target: 798-800. Stoploss: 768 – (Exit united spirits at 788)

Trade in small quantity.

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416 Responses

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  1. CB Says:
    May 2nd, 2012
    Posted at: 8:29 am

    Hi dak, Good morning. it can head upto 755-758.


  2. prashanth Says:
    May 2nd, 2012
    Posted at: 8:32 am

    can i short JP around 75 today.


  3. dak Says:
    May 2nd, 2012
    Posted at: 8:32 am

    thanks CB. can I long bank nifty on opening (or on dips) for intraday ? what's the support and resistance ?


  4. CB Says:
    May 2nd, 2012
    Posted at: 8:33 am

    Hi prashanth, not yet. if markets remain strong, can test 76.50

    Hi dak, its facing resistance at 10400. dont enter it yet.


  5. revan Says:
    May 2nd, 2012
    Posted at: 8:35 am

    CB TATAMOTOR sale down by 7% in april can i buy PE for same??


  6. CB Says:
    May 2nd, 2012
    Posted at: 8:37 am

    Hi revan, does have good support at 308. enter a pe if trades below this levelf or few min


  7. dak Says:
    May 2nd, 2012
    Posted at: 8:42 am

    Thanks CB. Another q - can I buy bhel futures near 224 today with sl of 220 ?


  8. CB Says:
    May 2nd, 2012
    Posted at: 8:43 am

    Hi dak, yes, can enter with strict sl


  9. ans Says:
    May 2nd, 2012
    Posted at: 8:43 am

    i have bought ptc will that move up


  10. AJ Says:
    May 2nd, 2012
    Posted at: 8:45 am

    JAIN IRR for intraday buy?


  11. Dinesh Kumar Says:
    May 2nd, 2012
    Posted at: 8:46 am

    can i go for intraday with 500 quantity...


  12. SS Says:
    May 2nd, 2012
    Posted at: 8:46 am

    Hi CB,
    Good Morning, What abt wipro for today ?


  13. Subin Says:
    May 2nd, 2012
    Posted at: 8:47 am

    Hi gm..wht about ivrcl infra?i have @64


  14. CB Says:
    May 2nd, 2012
    Posted at: 8:47 am

    Hi ans, yes, can test 68 in short term

    Hi AJ, yes, can add 2-3%

    Hi Dinesh Kumar, enter 50% at opening.


  15. CB Says:
    May 2nd, 2012
    Posted at: 8:48 am

    Hi SS, has good support at 400 can test 411

    Hi Subin, its a hold for short term. can test 69


  16. sanzy Says:
    May 2nd, 2012
    Posted at: 8:51 am

    can i enter 5300CE at the opening..

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