Quotes with Resistance & Support
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Intraday calls for 04-05-11

Posted on: May 4th, 2011 at 8:24 am

Markets likely to open flat, support for Nifty is at 5530

If markets show recovery later during the day, buy Exide Industries

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495 Responses

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  1. Ani Says:
    May 4th, 2011
    Posted at: 1:57 pm

    Hi CB,

    Is it right to enter DCB or Deltacorp @ CMP? If not, correct entry level pl!


  2. CB Says:
    May 4th, 2011
    Posted at: 1:57 pm

    Hi Ani, go with dcb in small quantity


  3. Romit Says:
    May 4th, 2011
    Posted at: 1:58 pm

    CB/KB/Sunil,

    Bought ISMT @ 64 n now its at 50.. wat needs to be done...

    Bought Jindal Poly @ 446 n now at 413..

    Pls suggest some solutions to this problematic shares.. pls....


  4. MICKY Says:
    May 4th, 2011
    Posted at: 1:59 pm

    thnxs a lot cb


  5. naresh Says:
    May 4th, 2011
    Posted at: 1:59 pm

    Karthik/CB/Sunil Rao ive just bought 10 sharesf IOC at 346, any views for positional holding


  6. cvrprakash Says:
    May 4th, 2011
    Posted at: 1:59 pm

    Thanks CB. Really you are doing a great job.
    With your reference only I am not loosing money these days.
    Much Appreciated for your work you and your team does.
    Thanks a lot.


  7. CB Says:
    May 4th, 2011
    Posted at: 1:59 pm

    Hi Romit, as of now will need to hold. once small/midcaps start to rally these will recover back. on a bounce in markets if possible enter 2-3 nifty puts as hedge. will help recover some losses


  8. Ani Says:
    May 4th, 2011
    Posted at: 1:59 pm

    ok thanks cb. How much would DCB see by Friday?


  9. CB Says:
    May 4th, 2011
    Posted at: 2:00 pm

    Hi MICKY, most welcome

    Hi cvrprakash, you are always welcome

    Hi Ani, can see 62 if markets improve a bit.


  10. Mahender Says:
    May 4th, 2011
    Posted at: 2:00 pm

    Hello Sir,

    I bought 25 shares of core projects at 313.
    Should i hold or square of my trade ... please suggest.
    or is it good time to average the stock...

    Thanks in advance
    Happy trading.


  11. CB Says:
    May 4th, 2011
    Posted at: 2:00 pm

    Hi Mahender, continue to hold onto it for short term. don't avg it yet.


  12. CB Says:
    May 4th, 2011
    Posted at: 2:00 pm

    ill be back in 1 hour.


  13. Ani Says:
    May 4th, 2011
    Posted at: 2:01 pm

    CB,

    Holding Balramchine @ 92 since long. What happened to this stock? Also
    pl tell me about SPARC.


  14. Romit Says:
    May 4th, 2011
    Posted at: 2:02 pm

    CB Sir,

    Do u mean to say that i should hold all these shares for the market to bounce back??


  15. pathi Says:
    May 4th, 2011
    Posted at: 2:02 pm

    i buy jp at 91 please advice hold or sell


  16. zed Says:
    May 4th, 2011
    Posted at: 2:06 pm

    sir i have HDIL at 154.50 what can i do plz help....

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