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: 2345678910Show all

  1. SS Says:
    May 3rd, 2012
    Posted at: 9:17 am

    Hi CB,
    Can titan be shorted ?


  2. CB Says:
    May 3rd, 2012
    Posted at: 9:18 am

    Hi dak, most welcome. no, dont entr it yet

    Hi SS, no, not yet.


  3. CB Says:
    May 3rd, 2012
    Posted at: 9:19 am

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


  4. G Says:
    May 3rd, 2012
    Posted at: 9:20 am

    good morning cb, holding sbi 2200 ce @58. what should i do?


  5. Dinesh Kumar Says:
    May 3rd, 2012
    Posted at: 9:20 am

    any other calls....


  6. amolo Says:
    May 3rd, 2012
    Posted at: 9:20 am

    Hi CB,

    What about SBIN.....Its moving down....

    Should I hold it ???

    amolo


  7. CB Says:
    May 3rd, 2012
    Posted at: 9:22 am

    Hi G, Good morning. its a hold for now.

    Hi Dinesh Kumar, can sell some of tata motors

    Hi amolo, yes, hold it.


  8. VJ Says:
    May 3rd, 2012
    Posted at: 9:23 am

    hi i am holding SBI 2200 CE @ 68 and Nifty 5300 CE bot @ 89 !! as per your advise bought 5200 PE.. shall i exit long positions?


  9. Akash Says:
    May 3rd, 2012
    Posted at: 9:23 am

    Hi CB, Ok. Hope I will not lose all my loan money also now.. It is now at 32 :( Almost half price since I bought :(


  10. CB Says:
    May 3rd, 2012
    Posted at: 9:24 am

    Hi VJ, ok. hold longs for now.keep sl near 5180-5190

    Hi Akash, no, will not.


  11. G Says:
    May 3rd, 2012
    Posted at: 9:24 am

    cb, tatamotors @ 303. should i sell it now? or wait for 301 levels??


  12. sanzy Says:
    May 3rd, 2012
    Posted at: 9:24 am

    holding Nifty 5400CE in loss...any chance of recovery...
    should i exit or hold...


  13. ginkle Says:
    May 3rd, 2012
    Posted at: 9:24 am

    HI CB, i am holding nifty 5400 ce and yes bank 360 ce should i hold or exit?


  14. CB Says:
    May 3rd, 2012
    Posted at: 9:25 am

    Hi G, yes. can short at cmp

    Hi sanzy, its a hold for now. sl near 5190


  15. CB Says:
    May 3rd, 2012
    Posted at: 9:25 am

    Hi ginkle, hold it with sl at 5190. yes bank is a hold with sl at 342.5 (spot)


  16. Akash Says:
    May 3rd, 2012
    Posted at: 9:27 am

    Hi CB, Ok. So can we expect 5550-5600 in Nifty in 2 weeks or so? Despite today's downside....

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