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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Comment pages: 222324252627282930Show all

  1. Kb Trader Says:
    May 6th, 2012
    Posted at: 1:05 pm

    Hi CB, sure sure :) . . watched amir's show?


  2. CB Says:
    May 6th, 2012
    Posted at: 1:08 pm

    Hi Kb Trader, no. how was it?


  3. sanzy Says:
    May 6th, 2012
    Posted at: 1:14 pm

    i am holding TCS 1300CE at 30..
    in little loss..what levels can it see in coming week...should i exit or shall i hold till 1350..


  4. sheeja Says:
    May 6th, 2012
    Posted at: 1:21 pm

    Dear CB,

    So Can I add on Hexaware on any Dip this week? Keeping 120 as SL?


  5. Kb Trader Says:
    May 6th, 2012
    Posted at: 1:25 pm

    Hi CB, ya .. good initiative by amir .. its bit of emotional bla bla too .. may be people likes, when facts are said with more emotions . . hmm .. .


  6. Ham Says:
    May 6th, 2012
    Posted at: 1:28 pm

    Hi aman, Sorry for being late,
    just now saw ur post, If the GAAR issue is solved and rupee comes under control, then will see 5200 levels again or if the govt. remains calm regarding these two issues and not yet solved till 15th of May, then one can see 4800 levels.... Every thing depends on these two issues and next week plays a crucial role in stock market... Lets wait and see what happens and lets hope for the best....


  7. cvrprakash Says:
    May 6th, 2012
    Posted at: 1:29 pm

    Dear CB,

    Just tell me this...
    Planning to enter PA's on few stocks..
    Best way to pick them is looking for "Fresh shorts" section or "Long Unwinding" section?
    Which will be good... to grab the down side earlier??


  8. CB Says:
    May 6th, 2012
    Posted at: 1:38 pm

    Hi sanzy, its a hold for now. keep sl near 1260. can test 1300 again

    Hi sheeja, no, don't add more of it yet

    Hi Kb Trader, ok..

    Hi cvrprakash, yes, look for fresh shorts.


  9. cvrprakash Says:
    May 6th, 2012
    Posted at: 1:45 pm

    Dear CB,

    Thanks. Any thing you find interesting in fresh shorts section?
    Please share me one or two you find looks better to short for next week....


  10. CB Says:
    May 6th, 2012
    Posted at: 1:54 pm

    Hi cvrprakash, can look to short LT on any bounce as of now.


  11. cvrprakash Says:
    May 6th, 2012
    Posted at: 2:03 pm

    Thanks CB,

    For some one who is willing to add positions in Cap.Goods or in BHEL.
    What's your suggestion? Seeing the BHEL charts, seems its heading below 200!!
    Are you reading the same? Where it may have the next support?


  12. Kb Trader Says:
    May 6th, 2012
    Posted at: 3:32 pm

    ..ko, BCiH


  13. CB Says:
    May 6th, 2012
    Posted at: 4:00 pm

    Hi cvrprakash, as of now its best to wait. seems can fall by another 5-7%

    Hi Kb Trader, :)


  14. Ham Says:
    May 6th, 2012
    Posted at: 6:07 pm

    Am huge die-hard fan of korean music and as well as korean movies(didn't leave even a single movie, watched all the movies up-to-date), Plz check out my all-time favorite korean songs, This is especially for u CB, Gitanjali and every one in this forum,

    http://www.youtube.com/watch?v=uIxtZcSdwkI&feature=related

    http://www.youtube.com/watch?v=ZleZZxDjWNQ

    http://www.youtube.com/watch?v=XG9vu6nXv0Q&feature=related

    http://www.youtube.com/watch?v=8XrnhhmTN9E

    http://www.youtube.com/watch?v=vh6MY1Mhjr4

    http://www.youtube.com/watch?v=7maJOI3QMu0&ob=av2n (wonderful&peaceful music)

    Hope u people liked these songs, forget the meaning, just listen to the wonderful music and am sure u will not forget it.....


  15. Mona Says:
    May 6th, 2012
    Posted at: 6:24 pm

    what is your view of bank nifty futures for the current settlement


  16. Sohan Says:
    May 6th, 2012
    Posted at: 6:55 pm

    Hello Ham,

    Nice songs.

    music is really good. Really something different. i am more into Ghazals.

    sohan

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