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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  1. CB Says:
    May 3rd, 2012
    Posted at: 8:54 am

    Hi maria han, Good morning. no, as of now none. markets are seeing some selling pressure.


  2. dak Says:
    May 3rd, 2012
    Posted at: 8:55 am

    CB, GM. what to do about bhel & ril calls bought yesterday ? If markets open lower decay is sure to set in....


  3. Akash Says:
    May 3rd, 2012
    Posted at: 8:56 am

    Hi CB, GM. Shud I sell 5400 CE as it will go further down today :( I am already in loss of 2k in tomorrow's downside :(


  4. prashanth Says:
    May 3rd, 2012
    Posted at: 8:56 am

    can i buy jp today


  5. Dinesh Kumar Says:
    May 3rd, 2012
    Posted at: 9:03 am

    CB, can i enter SBI today to recover loss


  6. Akash Says:
    May 3rd, 2012
    Posted at: 9:04 am

    Hi CB, Or better I buy one more lot to avrg my price if market can bounce back. Or shud I buy PE to cover loss?


  7. anil Says:
    May 3rd, 2012
    Posted at: 9:04 am

    cb........goodmroning.........Can we buy HUL at current price for target of 440 in the next 5-7 trading days?
    plz reply


  8. CB Says:
    May 3rd, 2012
    Posted at: 9:07 am

    Hi dak, hold for now. for bhel keep sl at 220

    Hi Akash, its a hold for 1-2 weeks

    Hi prashanth, no, not yet

    Hi Dinesh Kumar, no, dont enter yet

    Hi anil, Good morning. yes, does look good technically


  9. abab Says:
    May 3rd, 2012
    Posted at: 9:07 am

    sbi tgt today intraday


  10. r123 Says:
    May 3rd, 2012
    Posted at: 9:07 am

    hai CB, GM ,,,BUY THANGAMAYIL & HATHWAY...?
    THANK YOU


  11. Dinesh Kumar Says:
    May 3rd, 2012
    Posted at: 9:08 am

    can i enter 2000 qunatity on today intraday call...


  12. CB Says:
    May 3rd, 2012
    Posted at: 9:08 am

    Hi abab, can test 227

    Hi r123, go with hathway on dips.


  13. Abhija Says:
    May 3rd, 2012
    Posted at: 9:08 am

    Hi sir, Goodmorning
    What is the support level of tatamotors and hindalco? can i enter tata motors atcurrentlevel?


  14. CB Says:
    May 3rd, 2012
    Posted at: 9:09 am

    Hi Dinesh Kumar, go with 1000 for now since markets are going a bit flat

    Hi Abhija, Good morning. tata below 308 looks a bit weak. hindalco has support near 116


  15. Dinesh Kumar Says:
    May 3rd, 2012
    Posted at: 9:10 am

    K CB,, any call or put options. else market will be volatile


  16. CB Says:
    May 3rd, 2012
    Posted at: 9:10 am

    Hi Dinesh Kumar, no, not yet. nifty is moving in a range. seems may continue to remain volatile today

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