Quotes with Resistance & Support
Market Information

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: 8:54 am

    Hi Kb Trader, Good morning.

    Hi YUVRAJ SINGH, Good morning. if possible hedge yes bank with a 330 pe for now. nutek is a hold for now. don't add more of it yet

    Hi AJ, does look good. can see 133.


  2. shareman Says:
    May 4th, 2012
    Posted at: 8:54 am

    Hi CB,

    Can i buy titan industries today for intraday purpose.


  3. CB Says:
    May 4th, 2012
    Posted at: 8:55 am

    Hi ttsathya, Good morning. its a hold. can see 64.50

    Hi STRANGER, no, not yet. looks weak

    Hi shareman, no, dont enter it yet. near resistance levels of 250


  4. YUVRAJ SINGH Says:
    May 4th, 2012
    Posted at: 8:56 am

    thanks cb bhai..avg in nutek?


  5. CB Says:
    May 4th, 2012
    Posted at: 8:56 am

    Hi YUVRAJ SINGH, no, don't avg it yet . lets wait.


  6. Akash Says:
    May 4th, 2012
    Posted at: 8:57 am

    Hi CB, Can market recover and go green today :( What are the chances? It will be v low like yesterday or flattish?


  7. shareman Says:
    May 4th, 2012
    Posted at: 8:57 am

    Hi CB,

    Can you suggest me share for intraday purpose ??


  8. CB Says:
    May 4th, 2012
    Posted at: 8:58 am

    Hi Akash, if global markets improve a bit, can see green later during the day

    Hi shareman, can short jsw below 675.


  9. Akash Says:
    May 4th, 2012
    Posted at: 8:59 am

    Hi CB, Can I buy Sonata Soft for today in cash for target 25


  10. Subin Says:
    May 4th, 2012
    Posted at: 9:00 am

    Hi gm..can i short sell in hdil?


  11. CB Says:
    May 4th, 2012
    Posted at: 9:01 am

    Hi Akash, no, not sure of entering it yet.


  12. CB Says:
    May 4th, 2012
    Posted at: 9:01 am

    Hi Subin, not yet. has support near 76


  13. MURUGAN Says:
    May 4th, 2012
    Posted at: 9:02 am

    GOOD MORNING CB PLEASE TELL ME THE TARGET FOR EXIDE INSUTRIES


  14. Akash Says:
    May 4th, 2012
    Posted at: 9:02 am

    Hi CB, I have 2 MCX at 1350. Now at 1050+. Shud I continue to hold?


  15. CB Says:
    May 4th, 2012
    Posted at: 9:03 am

    Hi MURUGAN, if breaks support at 120, could fall further

    Hi Akash, yes, its a good long term bet.


  16. SK Says:
    May 4th, 2012
    Posted at: 9:05 am

    Axisbank today?

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