Quotes with Resistance & Support
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Intraday calls for 03-05-12

Posted on: May 3rd, 2012 at 8:26 am

Markets likely to open slightly lower. Support for nifty is at 5220 and resistance at 5310.

Sell VIP Industries at 93, target: 89. Stoploss: 96 – (Avoid after gap down opening)

9.19am – Sell Tata motors at 301, target: 294. Stoploss: 307

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322 Responses

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Comment pages: 131415161718192021Show all

  1. akila Says:
    May 3rd, 2012
    Posted at: 3:18 pm

    CB................sonata software up 10%!!! on a day when market is so bad....


  2. RAMESHB Says:
    May 3rd, 2012
    Posted at: 3:18 pm

    any call or put at the closing time? anyone pl.


  3. CHINNA Says:
    May 3rd, 2012
    Posted at: 3:18 pm

    Hey CB.. any BUY call now for 2-3 day target???


  4. Suryakant Dubey Says:
    May 3rd, 2012
    Posted at: 3:23 pm

    Hi CB,

    I am holding 500 shares of Sintex Industry@ 113 price
    Currently it is trading @ 67.
    Please advise what should I do

    Thanks in advance
    Suryakant


  5. CHINNA Says:
    May 3rd, 2012
    Posted at: 3:29 pm

    Can i enter IRB at 150 now???


  6. Dinesh Kumar Says:
    May 3rd, 2012
    Posted at: 3:30 pm

    today also not my day.. Short tatamotors @ 301 at bought 300.75... 1000 Shares.........


  7. abraham Says:
    May 3rd, 2012
    Posted at: 3:43 pm

    dear CB sir,

    Hammering of ashok leyland yesterday and today turned me in huge loss. what should be the statergy i have to take. I bought it at 31.65....


  8. Ham Says:
    May 3rd, 2012
    Posted at: 3:45 pm

    Bank stocks decline as RBI releases Basel-III capital rules

    http://www.indiainfoline.com/Markets/News/Bank-stocks-decline-as-RBI-releases-Basel-III-capital-rules/4284434847


    Advice From A Brilliant Billionaire Investor -- Buy Stocks! Now!

    http://www.forbes.com/sites/steveforbes/2012/05/02/advice-from-a-brilliant-billionaire-investor-buy-stocks-now/


    Euro Remains Lower on Prospects Draghi to Signal Stimulus

    http://www.bloomberg.com/news/2012-05-02/euro-remains-lower-on-prospects-draghi-to-signal-stimulus.html


    Emerging-Market Stocks Drop on Global Jobs, China Services Data

    http://www.bloomberg.com/news/2012-05-03/emerging-market-stocks-drop-on-global-jobs-china-services-data.html


  9. Ham Says:
    May 3rd, 2012
    Posted at: 3:52 pm

    The 86 million invisible unemployed in USA

    http://money.cnn.com/2012/05/03/news/economy/unemployment-rate/index.htm?iid=SF_E_Lead


    European shares gain as ECB eyed, euro steady

    http://in.reuters.com/article/2012/05/03/us-markets-global-idINBRE83R03020120503


    Oil falls below $118, economy weighs

    http://in.reuters.com/article/2012/05/03/us-markets-oil-idINBRE83H17O20120503


    Gold under pressure from weak data; ECB eyed

    http://in.reuters.com/article/2012/05/03/us-markets-precious-idINBRE8390RW20120503


    In Battle Against Crisis, ECB Running Out of Weapons

    http://www.cnbc.com/id/47241411


    Spain Sells $3.3 Billion in Bonds, Yields Jump

    http://www.cnbc.com/id/47274892


  10. Ham Says:
    May 3rd, 2012
    Posted at: 3:55 pm

    Weak Rupee haunts Dalal Street; Nifty ends below 5200

    http://www.moneycontrol.com/news/local-markets/weak-rupee-haunts-dalal-street-nifty-ends-below-5200_699925.html


    India may see 5-10% correction: Arvind Sanger

    http://www.moneycontrol.com/news/fii-view/warning-india-may-see-5-10-correction-arvind-sanger-_699733.html#toptag


    Bulls bet on Indian stocks, despite economic gloom

    http://www.moneycontrol.com/news/market-outlook/bulls-betindian-stocks-despite-economic-gloom_699844.html#toptag


    Re to revisit 54/$ level; will fall by year-end: Barclays

    http://www.moneycontrol.com/news/fii-view/re-to-revisit-5436-level-will-fall-by-year-end-barclays_699763.html


    BoP seen negative in FY13 but GDP over 7%: Deutsche Bank

    http://www.moneycontrol.com/news/economy/bop-seen-negativefy13gdp-over-7-deutsche-bank_699809.html#toptag


  11. MURUGAN Says:
    May 3rd, 2012
    Posted at: 3:56 pm

    OOFS ATLAST WE LOST 51 POINTS BUT YR RECOMM. ON VIP SUPER REALLY I BOOKED PROFIT THAK YOU NSE GUIDE CB AND TEAM


  12. CB Says:
    May 3rd, 2012
    Posted at: 4:29 pm

    Hi MURUGAN, most welcome.

    Hi Ham, thanks

    Hi abraham, yes, has been moving in the 29-32 range since some time. hold it for now. can see a bounce back from here

    Hi Dinesh Kumar, yes, just did not correct.

    Hi CHINNA, no, looks weak

    Hi Suryakant Dubey, we will need to avg it on dips. as of now its a hold. once markets settle can add few more

    Hi RAMESHB, no, as of now no call

    Hi akila, :) yes..


  13. abraham Says:
    May 3rd, 2012
    Posted at: 4:33 pm

    so am i want to accumulate more ashok leyland?


  14. kailash Says:
    May 3rd, 2012
    Posted at: 4:50 pm

    Hi CB,

    IOC has chance to bounce back to 280 levels,

    kindly advise, i am in lose of 50000...at current prices


  15. Jagdish Says:
    May 3rd, 2012
    Posted at: 5:11 pm

    Hi CB, i have sold tata motor dvr may fut @ 169 can it go up to 167 tomorrow.


  16. sanzy Says:
    May 3rd, 2012
    Posted at: 5:22 pm

    holding TCS 1300CE...
    pls advice should i hold or exit...target to exit...

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