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: 9:06 am

    Hi SK, seems may remain a bit weak. can test 1035


  2. Dinesh Kumar Says:
    May 4th, 2012
    Posted at: 9:07 am

    CB JSW if opening 681. can i short at this level..


  3. abab Says:
    May 4th, 2012
    Posted at: 9:07 am

    cb tgt for state bank of india today


  4. Rise Says:
    May 4th, 2012
    Posted at: 9:07 am

    sir any ce or pe call ???


  5. CB Says:
    May 4th, 2012
    Posted at: 9:08 am

    Hi Dinesh Kumar, no, short below support of 675

    Hi abab, seems may remain a bit flat today

    Hi Rise, no, as of now none.


  6. AJ Says:
    May 4th, 2012
    Posted at: 9:09 am

    Where is JAIN IRR headed...where are the support levels?


  7. CB Says:
    May 4th, 2012
    Posted at: 9:09 am

    Hi AJ, does have good support at 81 levels. if markets improve, can bounce back to 90


  8. CB Says:
    May 4th, 2012
    Posted at: 9:17 am

    Hi Akash, yes.


  9. CB Says:
    May 4th, 2012
    Posted at: 9:18 am

  10. Akash Says:
    May 4th, 2012
    Posted at: 9:20 am

    Hi CB, Hold Lovable as well? What's today's target for Lovable? 410?


  11. sandeep Says:
    May 4th, 2012
    Posted at: 9:23 am

    cb........gudmornin..............Can we buy hero motocorp for some intraday bounce?


  12. G Says:
    May 4th, 2012
    Posted at: 9:24 am

    good morning cb, sbi 2200CE @ 27. can i enter it now?


  13. CB Says:
    May 4th, 2012
    Posted at: 9:25 am

    Hi Akash, if markets improve, can see 395


  14. sidharth Says:
    May 4th, 2012
    Posted at: 9:25 am

    HI CB,
    can i buy this level hdfcbank n target plz


  15. Akshi Says:
    May 4th, 2012
    Posted at: 9:25 am

    Can.I.short jsw.now ?


  16. CB Says:
    May 4th, 2012
    Posted at: 9:25 am

    Hi sandeep, Good morning. no, dont enter it yet

    Hi G, no. not yet.

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