Quotes with Resistance & Support
Market Information

Intraday calls for 04-05-16

Posted on: May 4th, 2016 at 7:36 am

Markets likely to open slightly lower. Support for Nifty is at 7720 and resistance at 7850. Bank Nifty has support at 16250 and resistance at 16650.

No pre-market call for today.

10.11am – Buy RS Software at 104.70, target: 109. Stoploss: 102.50 – (Exit from RS Software at 103)

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137 Responses

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  1. CB Says:
    May 4th, 2016
    Posted at: 12:30 pm

    Hi Anbu, can add hdfc in small quantity. dont enter others yet

    Hi DIP, Good morning. can test 70

    Hi Pravin, yes, does look good

    Hi nath, yes, has support at 7720 (closing basis)

    Hi ani, can test 84. sl at 82

    Hi Soma, avoid entering ce for now.


  2. rajasekar Says:
    May 4th, 2016
    Posted at: 12:36 pm

    Hi CB, sir, still i m holding Nifty 8000,8200&BN 17500ce and Nifty 7300pe

    Kindly advice still nifty trading your support level of 7720, if close 7720 above next level

    advice me holdings exit or hold


  3. CB Says:
    May 4th, 2016
    Posted at: 12:37 pm

    Hi rajasekar, hold ce's with sl at 7720 (Closing basis). shall enter pe if heads for a close below 7720


  4. trade4444 Says:
    May 4th, 2016
    Posted at: 12:39 pm

    Dear CB,
    Can we buy Cairn India at CMP 142 for 1 month horizon ?


  5. CB Says:
    May 4th, 2016
    Posted at: 12:40 pm

    Hi trade4444, not yet. if breaks 140, can fall further.


  6. SaiPalanivel Says:
    May 4th, 2016
    Posted at: 12:41 pm

    CB SIR LT HOLD 1278 AT 200 HOLD OR EXIT CMP 1254 YOUR ADVICE


  7. harshal Says:
    May 4th, 2016
    Posted at: 12:43 pm

    Hi CB Sir, can i enter Justdial for intraday or short term around 800? Target and Stoploss please.


  8. 1 Day Share Market Tips Says:
    May 4th, 2016
    Posted at: 12:43 pm

    CANCEL CALL VEDL DID NOT EXECUTE YET.....


  9. CB Says:
    May 4th, 2016
    Posted at: 12:44 pm

    Hi SaiPalanivel, its a hold. looks good

    Hi harshal, can add in small quantity with sl near 792. can test 810


  10. sand Says:
    May 4th, 2016
    Posted at: 12:44 pm

    Hello sir.. am holding smartlink as of now.. should i exit or hold for some more time.. any time frame of recovery


  11. CB Says:
    May 4th, 2016
    Posted at: 12:44 pm

    Hi sand, its a hold for few days. will recover back.


  12. rajasekar Says:
    May 4th, 2016
    Posted at: 12:45 pm

    Hi CB, thank u sir


  13. subin Says:
    May 4th, 2016
    Posted at: 12:45 pm

    Cb bhartiairtel down badly.tradung at its day low.can recover back ?target ?


  14. CB Says:
    May 4th, 2016
    Posted at: 12:45 pm

    Hi rajasekar, most welcome.


  15. CB Says:
    May 4th, 2016
    Posted at: 12:46 pm

    Hi subin, technically does look good above 355. not really sure whats the news on it tday. if possible hold for 2-3 days


  16. PKP Says:
    May 4th, 2016
    Posted at: 12:46 pm

    Hi CB, sir how is biocon looking, is it good time to buy a ce or pe

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