Quotes with Resistance & Support
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Intraday calls for 04-05-12

Posted on: May 4th, 2012 at 8:27 am

Markets likely to open lower. Support for nifty is at 5160.

Sell JSW Steel below 675, target: 662. Stoploss: 684 – (Book profit in JSW steel at 663)

If markets show recovery later during the day, buy: Essel Propack

12.59pm- buy 5100 pe at 102.50, target: 125. Stoploss: 5140 (spot)

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476 Responses

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  1. CB Says:
    May 4th, 2012
    Posted at: 8:43 am

    Hi Akash, can test 80

    Hi dak, yes. .

    Hi SS, Good morning. cairn can see 339. titan may remain a bit flat.


  2. AJ Says:
    May 4th, 2012
    Posted at: 8:44 am

    Hows CORE EDU or RALLYS IND for intraday buy on opening?


  3. CB Says:
    May 4th, 2012
    Posted at: 8:46 am

    Hi AJ, core does look good above 290. can enter if holds onto 290 after opening. not sure of rallis


  4. AJ Says:
    May 4th, 2012
    Posted at: 8:48 am

    Hows EDUCOMP for a short?


  5. Akash Says:
    May 4th, 2012
    Posted at: 8:48 am

    Hi CB, Just 80 :( I was expecting that it will see at least 150+ :( I will not make any profit if it can see only 80 :( Shud I buy more to make more profit :(


  6. CB Says:
    May 4th, 2012
    Posted at: 8:49 am

    Hi AJ, its near good support levels of 175-182. don't go short yet.


  7. CB Says:
    May 4th, 2012
    Posted at: 8:49 am

    Hi Akash, hmm. for now lets wait. markets have been volatile.


  8. sanzy Says:
    May 4th, 2012
    Posted at: 8:49 am

    holding TCS 1300CE pls suggest when should i exit


  9. CB Says:
    May 4th, 2012
    Posted at: 8:49 am

    Hi sanzy, its as of now overbought. would advice to book near 1300 for now.


  10. STRANGER Says:
    May 4th, 2012
    Posted at: 8:50 am

    CAN I SHORT VIP INDUSTRIES SUGGEST LEVEL PLZ...??


  11. CB Says:
    May 4th, 2012
    Posted at: 8:51 am

    Hi STRANGER, yes, on a small bounce, can go short.


  12. Kb Trader Says:
    May 4th, 2012
    Posted at: 8:51 am

    Hi CB, Good morning cb


  13. YUVRAJ SINGH Says:
    May 4th, 2012
    Posted at: 8:52 am

    Your message... gudmorning cb sir i buy yes bank @345 wt shd i do?n one more pls idea i have 100 nutek ipo listing time..n more 900 buy @40....wt is our advice...


  14. AJ Says:
    May 4th, 2012
    Posted at: 8:53 am

    Hows HEXAWARE for intraday?


  15. ttsathya Says:
    May 4th, 2012
    Posted at: 8:53 am

    GM. CB Shorted GSPL May fut @65.8 Pl Guide.


  16. STRANGER Says:
    May 4th, 2012
    Posted at: 8:54 am

    CAN I ENTER IVRCL INFRA SUGGEST LEVEL PLZ...??

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