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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Comment pages: 2345678910Show all

  1. CB Says:
    May 4th, 2012
    Posted at: 9:26 am

    Hi sidharth, not yet. has resistance at 560

    Hi Akshi, yes


  2. Azad Says:
    May 4th, 2012
    Posted at: 9:28 am

    Hi CB,

    Should i short Hero MotoCorp or IRB for intraday?


  3. CB Says:
    May 4th, 2012
    Posted at: 9:29 am

    Hi Azad, these are seeing selling pressure. don't enter them yet.


  4. G Says:
    May 4th, 2012
    Posted at: 9:29 am

    cb, how much down side do you see in sbi before it bounce back? what are the support levels for sbi?


  5. CB Says:
    May 4th, 2012
    Posted at: 9:29 am

    Hi G, if nifty manages to hold onto 5130-5140 for 1-2 days, can expect a bounce back


  6. sidharth Says:
    May 4th, 2012
    Posted at: 9:30 am

    hi CB,
    dabur today


  7. CB Says:
    May 4th, 2012
    Posted at: 9:30 am

    Hi sidharth, seems may remain a bit flat today


  8. MK9009 Says:
    May 4th, 2012
    Posted at: 9:32 am

    Hi CB, hi cb...good morning.......
    how is today market...?


  9. SS Says:
    May 4th, 2012
    Posted at: 9:32 am

    Hi CB,
    Can we expect some bounce on Axis from here ?


  10. sidharth Says:
    May 4th, 2012
    Posted at: 9:34 am

    Hi CB,
    today banknifty any idea


  11. CB Says:
    May 4th, 2012
    Posted at: 9:34 am

    Hi MK9009, Good morning. seems may remain a bit weak today

    Hi SS, seems a bit unlikely


  12. G Says:
    May 4th, 2012
    Posted at: 9:34 am

    ok sirji thanks


  13. vishnu Says:
    May 4th, 2012
    Posted at: 9:34 am

    HI CB,
    SOLD UNITED SPIRITS @758 CMP 780 BUY OR HOLD
    ???


  14. CB Says:
    May 4th, 2012
    Posted at: 9:34 am

    Hi sidharth, if breaks 9980, could fall further

    Hi G, most welcome.


  15. Dinesh Kumar Says:
    May 4th, 2012
    Posted at: 9:35 am

    CB, JSW steel, Buyers are morethan sellers.....it indicates will it go up.. Or we can see selling pressure...


  16. CB Says:
    May 4th, 2012
    Posted at: 9:35 am

    Hi vishnu, its a hold for now. strong resistance near 795

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