Quotes with Resistance & Support
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Intraday calls for 05-05-14

Posted on: May 5th, 2014 at 8:21 am

Markets likely to open flat. Support for nifty is at 6650 and resistance at 6810

Buy Aurobindo Pharma at 601.20, target: 615. Stoploss: 593 – (Can continue to hold Aurobindo for BTST. looks good technically)

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410 Responses

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  1. Robotguy Says:
    May 5th, 2014
    Posted at: 2:35 pm

    Hi ND, May be 3-4 days u will hv to hold..


  2. Basu Says:
    May 5th, 2014
    Posted at: 2:35 pm

    i had 4500 quantity auropharma!! now incurring loss of about 30k, whats the situation?? what should i do??


  3. ankush Says:
    May 5th, 2014
    Posted at: 2:36 pm

    Hi robot guy...ur view on ukrain news


  4. Robotguy Says:
    May 5th, 2014
    Posted at: 2:37 pm

    Hi ankush, No idea...don't trade based on news....


  5. Robotguy Says:
    May 5th, 2014
    Posted at: 2:39 pm

    Hi Basu, What rate u had purchased ?


  6. jessi Says:
    May 5th, 2014
    Posted at: 2:39 pm

    sir auropharma target in closing


  7. ankush Says:
    May 5th, 2014
    Posted at: 2:39 pm

    Okay sir... zee biz showed that there is possibility of war in ukrian..which could affect indian market


  8. ankush Says:
    May 5th, 2014
    Posted at: 2:40 pm

    European market is deep red


  9. Rajasekar Says:
    May 5th, 2014
    Posted at: 2:41 pm

    Hi Robotguy, what about monsanto i have 25 @1725 i m holding since march, shall i hold till election result or give exit rate


  10. SAM Says:
    May 5th, 2014
    Posted at: 2:41 pm

    dont panic guys auro is still a hold


  11. Robotguy Says:
    May 5th, 2014
    Posted at: 2:41 pm

    Hi ankush, hmm ok...


  12. ankush Says:
    May 5th, 2014
    Posted at: 2:42 pm

    Robotguy sir..I m confused with auro..book loss of 6 rs pershare total around rs.500 or hold...


  13. Basu Says:
    May 5th, 2014
    Posted at: 2:43 pm

    robotguy!! i had purchased 4500 quantity at 604.85 (Auropharma)!! incurring loss now!! :( this is two day in a row, help me recover in 2/3 days time!!


  14. Rohit Says:
    May 5th, 2014
    Posted at: 2:44 pm

    Sure Robotguy.
    However in case I wish to trade in F&O, please let me know what should I know and study.


  15. Robotguy Says:
    May 5th, 2014
    Posted at: 2:44 pm

    Hi Rajasekar, Since you are holding small qty u can hold on...but if u get good profit then exit 2-3 days before election result is declared...no need to take unnecessary risk..


  16. Rajasekar Says:
    May 5th, 2014
    Posted at: 2:47 pm

    ok sir, how the result will affect market if pjb win what happen or fail what happen

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