Intraday calls for 02-05-12

Quotes with Resistance & Support

Market Information

Intraday calls for 02-05-12

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

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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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CA.Tejas Says:
May 2nd, 2012
Posted at: 3:26 pm
Hi CB, Any call / put options??
akila Says:
May 2nd, 2012
Posted at: 3:26 pm
ok....tnku...
CB Says:
May 2nd, 2012
Posted at: 3:26 pm
Hi Naren, its moving with the nifty. hold for now. nifty has good support near 5220
Hi CA.Tejas, no, as of now none
Hi akila, most welcome.
SAI Says:
May 2nd, 2012
Posted at: 3:27 pm
HI CB SBI EXIT OR HOLD FOR TOMORROW
CB Says:
May 2nd, 2012
Posted at: 3:27 pm
Hi SAI, its a hold.
SAI Says:
May 2nd, 2012
Posted at: 3:28 pm
HI CB OK
CB Says:
May 2nd, 2012
Posted at: 3:29 pm
Hi Dinesh Kumar, will need to hold for few days if possible
SAI Says:
May 2nd, 2012
Posted at: 3:29 pm
HI CB CAN I HV YR VIEW ON BHARAT FORGE, AMBUJA CEMENT & BHEL. HOLDING SOME.
CB Says:
May 2nd, 2012
Posted at: 3:32 pm
Hi SAI, bharat forge is looking good. can see 340. bhel has strong support at 320. if holds onto it, can bounce back to 245. ambuja is going a bit weak. seems may take some time to recover
CHINNA Says:
May 2nd, 2012
Posted at: 3:32 pm
Hi cb..any call to buy for tomorrow sell?
ARCHANA Says:
May 2nd, 2012
Posted at: 3:32 pm
Hi Dinesh Kumar, 120 shares........
akila Says:
May 2nd, 2012
Posted at: 3:32 pm
cb............what a dragging day....the fall i expected at 2 happend at 3, bought a whole lot of stocks at day end, hoping for a bounce tomorrow....jai corp, jsw energy , fintech and geodesic, and ganesh jewellery....hope atleast 1 or 2 out of the list clicks tomorrow...
CB Says:
May 2nd, 2012
Posted at: 3:34 pm
Hi CHINNA, no, as of now none
Hi akila, yes.. despite positive global queues, nifty seeing selling pressure. lets see how it goes tomororw
SAI Says:
May 2nd, 2012
Posted at: 3:34 pm
HI CB OK NOTED THANKS. BUT BHEL IS HAVING SUPPORT AT 220 SHALL I READ LIKE THIS?
CB Says:
May 2nd, 2012
Posted at: 3:36 pm
Hi SAI, sorry! yes..
Madhu Says:
May 2nd, 2012
Posted at: 3:39 pm
Hi CB,
I am long on uniech @ 26.65 for T+2 and all of sudden @ 1 pm it went down to 25.5. Canwe expect some up move from here? What should be the stoploss which I can put here.