Quotes with Resistance & Support
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Intraday calls for 02-05-16

Posted on: May 2nd, 2016 at 8:27 am

Markets likely to open lower. Support for Nifty is at 7750 and resistance at 8000. Bank Nifty has support at 16500 and resistance at 17000.

No pre-market call for today.

10.27am – Buy Lupin at 1626, target: 1655. Stoploss: 1612 – Continue to hold Lupin. Looks strong technically

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142 Responses

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  1. Shiva Says:
    May 2nd, 2016
    Posted at: 8:31 am

    where do you see nifty's bottom for this series?


  2. CB Says:
    May 2nd, 2016
    Posted at: 8:33 am

    Hi Shiva, has strong support at 7750 levels. if breaks it, could test 7600.


  3. Pravin Says:
    May 2nd, 2016
    Posted at: 8:35 am

    Hi CB Sir,
    Any intraday calls for today.


  4. SaiPalanivel Says:
    May 2nd, 2016
    Posted at: 8:35 am

    CB SIR HOLD NIFTY 8000 CE 95.00 OR ?


  5. CB Says:
    May 2nd, 2016
    Posted at: 8:36 am

    Hi SaiPalanivel, yes, shall hold for now. sl near 7750. if possible hedge with a pe at opening

    Hi Pravin, not yet. markets may open lower. shall give later during market hours.


  6. Tom Says:
    May 2nd, 2016
    Posted at: 8:37 am

    Hi CB Sir, I have tatamotor @ 410. Shall i sell or hold ?


  7. SaiPalanivel Says:
    May 2nd, 2016
    Posted at: 8:38 am

    CB SIR DURING LATER NIFTY RECOVER BFFORE CLOSING?


  8. CB Says:
    May 2nd, 2016
    Posted at: 8:41 am

    Hi SaiPalanivel, cannot really be sure yet

    Hi Tom, it is a hold. can test 425 in coming days.


  9. DIP Says:
    May 2nd, 2016
    Posted at: 8:43 am

    Good morning CB sir
    Federal and allahabad bank intraday target?


  10. Pravin Says:
    May 2nd, 2016
    Posted at: 8:43 am

    Thank you sir..


  11. CB Says:
    May 2nd, 2016
    Posted at: 8:44 am

    Hi DIP, Good morning. federal may open lower on weak results. albk can test 60 if markets improve a bit.


  12. CB Says:
    May 2nd, 2016
    Posted at: 8:44 am

    Hi Pravin, most welcome.


  13. SAL Says:
    May 2nd, 2016
    Posted at: 8:45 am

    cb , if intraday 7750 breaks ,can we go with 7600 pe .Closing basis we have to check and then go


  14. Riyaz Says:
    May 2nd, 2016
    Posted at: 8:46 am

    Good morning CB today vedanta target? When will reach above VEDL @ 108?


  15. CB Says:
    May 2nd, 2016
    Posted at: 8:47 am

    Hi SAL, yes. if heads for a close below it, can enter a pe

    Hi Riyaz, Good morning. seems may remain a bit flat/ weak along with markets today. has some resistance at 105.

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