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. Rohit Says:
    May 5th, 2014
    Posted at: 3:58 pm

    Hi KK, please let me know what do I need to study to trade in F&O OR in case cash is better option


  2. Ravi Kiran Says:
    May 5th, 2014
    Posted at: 3:58 pm

    CB : Good Evening, what about TITAN, VIjaya Bnk and HDFC Ltd for tomorrow's day trading?


  3. chandan Says:
    May 5th, 2014
    Posted at: 4:11 pm

    cb sir i bought iob at rs:62.60 give advice exit or hold for this week


  4. K K Says:
    May 5th, 2014
    Posted at: 4:24 pm

    Hi Rohit,
    Frankly speaking, trade only in cash. Getting understanding and reasoning over the options is not an easy task. You have to spend time, you should have tools to calculate the premiums based on the Nifty movements and many.
    I don't have any book titles in hand as of now. Can't even search more @ work place.
    May be C B Sir / RobotGuy would suggest you the books to start with.


  5. jaikumar Says:
    May 5th, 2014
    Posted at: 4:30 pm

    hi cb
    bought jindalsteel 246. tomorrow target?


  6. guna123 Says:
    May 5th, 2014
    Posted at: 4:52 pm

    hi sir GE what about nifty tomorrow


  7. CB Says:
    May 5th, 2014
    Posted at: 5:32 pm

    Hi Prathmesh, lets wait for 2-3 days to see where it settles

    Hi Rajasekar, most welcome. dont re-enter yet. lets wait

    Hi Ravi Kiran, Good evening. titan can head upto 270-272. vijaya bank around 42.2. not sure of hdfc

    Hi chandan, its a hold for few days. can head upto 64.50

    Hi jaikumar, its going a bit weak below 260 levels. try and exit on rise for now. can test 252

    Hi guna123, Good evening.. seems may open a bit flat tomorrow. lets see how US markets close


  8. Prashanth 1980 Says:
    May 5th, 2014
    Posted at: 5:33 pm

    Holding Just Dial @ 1254, wipro @ 525 and infy future @ 3190. Whats ur view?


  9. Nikhil Says:
    May 5th, 2014
    Posted at: 5:34 pm

    Hello Sir

    Your thought on UPL I bought 250 shares @ 282

    Can it reach the level of 288 - 290 level tomorrow trading session


  10. Shree Says:
    May 5th, 2014
    Posted at: 5:36 pm

    Hi CB,

    Thanks, CB


  11. Rajasekar Says:
    May 5th, 2014
    Posted at: 5:42 pm

    CB Sir, i holding amara raja batries 149 nos @415 when i exit with profit which level


  12. Rohit Says:
    May 5th, 2014
    Posted at: 5:49 pm

    Many thanks KK.

    Regards
    Rohit


  13. marie Says:
    May 5th, 2014
    Posted at: 6:12 pm

    cb g ,pls sugest one midcap bank stock, dividend given for invest purpose ,monthly sip investment g


  14. Rojes Says:
    May 5th, 2014
    Posted at: 6:13 pm

    Hi CB,
    Sir, I had entered AUROPHARMA at opening and exited with a small profit. Will it be good to enter tomorrow at opening for intraday?...or should I wait for some dip?...if so, at what level will it be good to enter?


  15. CB Says:
    May 5th, 2014
    Posted at: 6:49 pm

    Hi Prashanth 1980, just dial is going a bit weak. wipro is a hold with sl at 515. infy is a hold for now

    Hi Nikhil, yes, can test 288-290 in coming days. hold for now

    Hi Shree, most welcome

    Hi Rajasekar, book on rise near 430. has good support at 400

    Hi marie, can add Balmer Lawrie and company and SE investments

    Hi Rojes, yes, does look good technically


  16. Market Bull Says:
    May 5th, 2014
    Posted at: 6:57 pm

    Hi CB, holding welspun corp @82. What's ur view on that

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