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: 456789101112Show all

  1. BIRJU Says:
    May 4th, 2012
    Posted at: 9:47 am

    HI CB having 5200 put 31may at 80 should i hold for more profit or i book profit


  2. sunil Says:
    May 4th, 2012
    Posted at: 9:48 am

    can i buy jp asso. at 72


  3. Sanjay Says:
    May 4th, 2012
    Posted at: 9:49 am

    Hi CB/Kartik,
    GM
    Now can i short JSW?
    Regards


  4. SAI Says:
    May 4th, 2012
    Posted at: 9:56 am

    Hi CB Good Morning.


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

    Hdil breaked its support @76..can i short it?target


  6. CB Says:
    May 4th, 2012
    Posted at: 10:11 am

    Hi SAI, Good morning

    Hi Sanjay, short near 675

    Hi sunil, no, looks weak

    Hi BIRJU, yes, book profit for now. can re-enter below 5130

    Hi raja, yes, hold it

    Hi VJ, has strong support at 5130. if breaks it, could fall further

    Hi MK9009, as of now no new call


  7. CB Says:
    May 4th, 2012
    Posted at: 10:12 am

    Hi Subin, can see 74.50


  8. VJ Says:
    May 4th, 2012
    Posted at: 10:13 am

    i am still holding 5300 CE shall i exit or wait till 5130 levels.. already bought 5100 pe to hedge


  9. CB Says:
    May 4th, 2012
    Posted at: 10:15 am

    Hi VJ, ok. lets hold both for now.


  10. Subin Says:
    May 4th, 2012
    Posted at: 10:17 am

    Thanks..i have shorted vip [email protected] today


  11. Gitanjali Says:
    May 4th, 2012
    Posted at: 10:19 am

    Hi CB, Thanks for yr reply.Yes she is doing fine .Is Sunil Rao keeping well too?Hope he does not take too many walks with Jonny..[as he used to mention here ].wish he took to lemonade instead Hi Kb Trader,Hope all is fine with your studies..I do honestly want to reduce trading ..Hope to achieve that.[It is a kind of habit/addiction ]

    Bye all.


  12. sunil Says:
    May 4th, 2012
    Posted at: 10:20 am

    hi CB can i short gold at 29200


  13. BDM Says:
    May 4th, 2012
    Posted at: 10:20 am

    CB GM. What to do with Ashok Leyland. book loss or wait till @29 in future ?


  14. Madhes Says:
    May 4th, 2012
    Posted at: 10:20 am

    Hi CB, GM. What is the next support level for SBI


  15. CB Says:
    May 4th, 2012
    Posted at: 10:21 am

    Hi Subin, can see 82.60

    Hi Gitanjali, :) yes.


  16. SS Says:
    May 4th, 2012
    Posted at: 10:21 am

    Hi CB,
    Cairn short looking risky. shd I exit or hold ?

Comment pages:456789101112Show all

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