Quotes with Resistance & Support
Market Information

Intraday calls for 02-05-13

Posted on: May 2nd, 2013 at 8:28 am

Markets likely to open flat, Resistance for nifty is at 5960, support at 5840

Buy Den Networks around 221, target: 227, SL 216 – (Can continue to hold Den networks as btst.)

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259 Responses

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Comment pages: 91011121314151617Show all

  1. mohit Says:
    May 2nd, 2013
    Posted at: 3:53 pm

    Sir,
    At the last moment I bought 5800 put , what are its chances for tomorrow?


  2. Ajay Says:
    May 2nd, 2013
    Posted at: 4:05 pm

    Hello,

    I feel trapped by buying 5700 and 5800 puts. I can wait till 6100 closing. Do you think this is sensible after today's run?

    I agree tomorrow is RBI policy and today is ECB meeting in another 1.5 hrs, which will provide the direction to this long rally on NIFTY.


  3. CB Says:
    May 2nd, 2013
    Posted at: 4:19 pm

    Hi Vinit, most welcome

    Hi PK, most welcome. tc

    Hi mohit, ok. hold for now. keep sl near 6020 (spot)

    Hi Ajay, lets see how RBI meet shapes up tomorrow. possible see some profit booking.


  4. hitesh Says:
    May 2nd, 2013
    Posted at: 4:38 pm

    sir what is a good bet for tomorrow


  5. Rajesh Says:
    May 2nd, 2013
    Posted at: 4:43 pm

    Hi CB,

    I had sold Bank Nifty at 12674. Kindly suggest the exit and stop loss.

    Regards,
    Rajesh


  6. CB Says:
    May 2nd, 2013
    Posted at: 4:54 pm

    Hi hitesh, still looking for some. shall update soon

    Hi Rajesh, its a hold for now. strict sl near 12850


  7. Rajesh Says:
    May 2nd, 2013
    Posted at: 5:01 pm

    Hi Cb,

    Should we expect to get the Bank Nifty down ahead of RBI Policy and if what what would be the target

    Regards,
    Rajesh


  8. sidquanto Says:
    May 2nd, 2013
    Posted at: 5:29 pm

    Markets Quantified
    NIFTY 02-May-2013
    Current Market Situation :

    NIFTY current close : 5999
    NIFTY resistance level : 6158
    NIFTY support level : 5912
    NIFTY sentiment : positive
    NIFTY dominant cycle period : 14 days


    Levels Tomorrow :

    NIFTY intraday resistance 1 : 6025
    NIFTY intraday resistance 2 : 6053
    NIFTY intraday resistance 3 : 6095

    NIFTY intraday support 1 : 5974
    NIFTY intraday support 2 : 5945
    NIFTY intraday support 3 : 5903
    Markets Quantified


  9. ganeh Says:
    May 2nd, 2013
    Posted at: 5:30 pm

    Hi CB, can i buy CENTURYTEX for intraday tomorrow above 296


  10. Vinit Says:
    May 2nd, 2013
    Posted at: 5:39 pm

    CB Sir, andhra bank posted good results, i still holding good amount of shares since the last quarter.. bought at 126... i hope you remember... can i hope to get my buy price??? please share ur view... i can continue to hold it though..


  11. Vinit Says:
    May 2nd, 2013
    Posted at: 5:41 pm

    i am*


  12. CB Says:
    May 2nd, 2013
    Posted at: 5:53 pm

    Hi Rajesh, if outcme is not as expected by market players, it can test 12300

    Hi sidquanto, thanks

    Hi ganeh, its been moving in a small range since long. dont enter it yet

    Hi Vinit, it has strong support at 90 levels. hopefully will bounce back from here. hold it for now.


  13. Vinit Says:
    May 2nd, 2013
    Posted at: 5:57 pm

    ok...thank u Sir, and congratulations, NSEGUIDE facebook page touches 2600 likes level...
    Great going sir.. all the best ahead :D


  14. hitesh Says:
    May 2nd, 2013
    Posted at: 6:00 pm

    CB Sir, is Essar oil a good bet for tomorrow?


  15. atul Says:
    May 2nd, 2013
    Posted at: 6:04 pm

    Hello sir,
    I am holding HUL 560put (May series)@ 7. But even the stock is going down, my 560put value is not increasing. Please let me know when the contract will be expired?


  16. Kartick Says:
    May 2nd, 2013
    Posted at: 6:25 pm

    CB .. essar oil can be entered @ CMP for 2-3 weeks time of target 80+?

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