Quotes with Resistance & Support
Market Information

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: 34567891011Show all

  1. CB Says:
    May 3rd, 2012
    Posted at: 9:28 am

    Hi Akash, yes.


  2. sanzy Says:
    May 3rd, 2012
    Posted at: 9:36 am

    ok thanks CB sir,

    is there any possibility of Nifty closing above 5300 by tomorrow


  3. megs Says:
    May 3rd, 2012
    Posted at: 9:37 am

    hi cb,

    i am holding nifty 5800 ce at 5rs. now it is 1. should i exit or will i get my price


  4. G Says:
    May 3rd, 2012
    Posted at: 9:37 am

    hi cb, can i buy rcom @ 77 for a 2-3 rupee gain for intraday?


  5. CB Says:
    May 3rd, 2012
    Posted at: 9:38 am

    Hi sanzy, depends more on global queues, as of now has good support at 5180-5200. seems may close a bit flat/ lower

    Hi megs, since its an out of money call, would advice to exit if nifty breaks 5180


  6. CB Says:
    May 3rd, 2012
    Posted at: 9:38 am

    Hi G, no, looks weak


  7. raja Says:
    May 3rd, 2012
    Posted at: 9:39 am

    Hi CB, can i buy mcdowell-n at 777 for intraday


  8. G Says:
    May 3rd, 2012
    Posted at: 9:39 am

    ok sirji thanks.


  9. CB Says:
    May 3rd, 2012
    Posted at: 9:39 am

    Hi raja, no, not yet. facing resistance near 790-798

    Hi G, most welcome.


  10. CB Says:
    May 3rd, 2012
    Posted at: 9:40 am

    ill be back in 30 min


  11. SAI Says:
    May 3rd, 2012
    Posted at: 9:47 am

    Hi CB Good Morning


  12. ARCHANA Says:
    May 3rd, 2012
    Posted at: 9:48 am

    Hi CB, hi cb.....GOOD MORNING........
    how is today market....?


  13. sk Says:
    May 3rd, 2012
    Posted at: 9:54 am

    What is your view on Shree Ganesh Jewellery House Ltd. Can this be bought at the current price. What can be expected from this stock.


  14. Sai Palanivel Says:
    May 3rd, 2012
    Posted at: 9:54 am

    HI ARCHANA,GM. REMAIN MARKETS VOLATILE FOR Q4 RESULTS AND GLOBAL MARKET REACTS.


  15. Ham Says:
    May 3rd, 2012
    Posted at: 9:54 am

    GM CB,

    Buy options to hedge portfolio ahead of GAAR rollout: Brokers

    http://economictimes.indiatimes.com/markets/stocks/market-news/buy-options-to-hedge-portfolio-ahead-of-gaar-rollout-brokers/articleshow/12973584.cms


    GAAR effect: Sliding rupee knocks off $9 bn from FIIs' India holdings

    http://economictimes.indiatimes.com/markets/stocks/market-news/gaar-effect-sliding-rupee-knocks-off-9-bn-from-fiis-india-holdings/articleshow/12973055.cms


    Rupee below 53/dlr to 4-month high

    http://in.reuters.com/article/2012/05/03/india-rupee-dollar-idINDEE84202J20120503


  16. Ham Says:
    May 3rd, 2012
    Posted at: 9:58 am

    Expect Nifty to break 5200 and drift lower in May

    http://www.moneycontrol.com/news/technicals/expect-nifty-to-break-5200drift-lowermay-sukhani_699693.html


    Mkt to collapse only if 5050 is taken out

    http://www.moneycontrol.com/news/market-outlook/mkt-to-collapse-only-if-5050-is-taken-out-rahul-mohindar_699720.html

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