Quotes with Resistance & Support
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Intraday calls for 05-05-11

Posted on: May 5th, 2011 at 8:27 am

Markets likely to open flat, Support for Nifty at 5490

Buy ONGC on dips

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455 Responses

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  1. K K Says:
    May 5th, 2011
    Posted at: 1:38 pm

    Hi CB,
    How is ONGC ? Shall I buy on dips at 308 - 309 ??


  2. Das Says:
    May 5th, 2011
    Posted at: 1:39 pm

    can i buy 5500 CE?


  3. CB Says:
    May 5th, 2011
    Posted at: 1:39 pm

    Hi K K, no, not yet.


  4. CB Says:
    May 5th, 2011
    Posted at: 1:39 pm

    Hi Das, no, lets wait.


  5. Ani Says:
    May 5th, 2011
    Posted at: 1:40 pm

    ok thanks cb. Could u tell me the correct level to enter dcb?


  6. RAVI Says:
    May 5th, 2011
    Posted at: 1:40 pm

    sir i am holding 1 lot of rcom at 99 i thought that i have bght at a very good price bt it is falling at a very fast pace....sd i hold or exit


  7. Kb Says:
    May 5th, 2011
    Posted at: 1:40 pm

    Hi CB, it was good to short around 5530.. missed .. :( :P


  8. nisha Says:
    May 5th, 2011
    Posted at: 1:41 pm

    nifty sell kare ya buy


  9. thavva Says:
    May 5th, 2011
    Posted at: 1:41 pm

    Nifty 425 points down in last one week .......


  10. CB Says:
    May 5th, 2011
    Posted at: 1:41 pm

    Hi Ani, add few near 56-57

    Hi RAVI, yes, guess is due to the 2g scam. if possible enter a 90 put for now to hedge

    Hi Kb, hmm..


  11. CB Says:
    May 5th, 2011
    Posted at: 1:42 pm

    Hi nisha, as of now no call on nifty

    Hi thavva, yes. FII selling along with the 2g scam report. lets see where it settles.


  12. CB Says:
    May 5th, 2011
    Posted at: 1:45 pm

    Hi vipul, yes, will need to hold it longer. fundamentally it is a good bet. may take some time to recover.


  13. MICKY Says:
    May 5th, 2011
    Posted at: 1:46 pm

    hey CB stuck woth chambal yaar bigg loss my way wat shld i hold it till monday ya phir nikal duu bought @ 85


  14. CB Says:
    May 5th, 2011
    Posted at: 1:47 pm

    Hi MICKY, yes, exit 50% for now. hold rest till tomorrow or monday


  15. CB Says:
    May 5th, 2011
    Posted at: 1:48 pm

    ill be back in 1 hour.


  16. swamy Says:
    May 5th, 2011
    Posted at: 1:49 pm

    Hi Cb
    I'm having 500 shares of Indoramasyn(500207) for Rs 80.10 now it is 61.60 shall I Hold? What is short term target?

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