Quotes with Resistance & Support
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Intraday calls for 05-05-16

Posted on: May 5th, 2016 at 8:31 am

Markets likely to open flat. Support for Nifty is at 7600 and resistance at 7780. Bank Nifty has support at 16250 and resistance at 16500.

No pre-market call for today.

12.57pm: Sell tata steel at 328, target: 320. SL at 332 – (SL triggered in Tata Steel )

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119 Responses

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  1. bhaumik Says:
    May 5th, 2016
    Posted at: 8:44 am

    Sir your view on sail?
    Bought @ 47 quantity 3000.
    Can it bounce back?
    All metal stocks are showing downfall!
    What to do?
    Any support level?
    Shall I exit?


  2. sukhi Says:
    May 5th, 2016
    Posted at: 8:46 am

    CB Sir I have icici bank futures@222 and LT futures @1255 please tell what to do??


  3. Riyaz Says:
    May 5th, 2016
    Posted at: 8:47 am

    Good morning cb today Hindalco target pls?


  4. sukhi Says:
    May 5th, 2016
    Posted at: 8:47 am

    CB Sir I have bought icici bank futures@222 and LT futures @1255 please tell what to do??


  5. a2b Says:
    May 5th, 2016
    Posted at: 8:49 am

    dear cb tgt for aban &adanient for today


  6. Harshal Says:
    May 5th, 2016
    Posted at: 8:50 am

    Good morning CB Sir, target for Vedanta bhel and ucal today. Holding all of these at 106, 124 and 112. Please suggest the stoploss.


  7. Shani Says:
    May 5th, 2016
    Posted at: 8:51 am

    Hi CB, pl guide for ICICIBank FUT & JSWSTEEL Fut.


  8. DIP Says:
    May 5th, 2016
    Posted at: 8:53 am

    Good morning CB sir.
    Hindalco & vedl intraday target?


  9. CB Says:
    May 5th, 2016
    Posted at: 8:57 am

    Hi bhaumik, yes, seeing quite a bit of selling pressure. its near strong support of 40-41. hold for short term. likely to bounce back

    Hi Shani, icici is going weak. avoid for now. jsw steel can test 1290

    Hi a2b, seems these may remain a bit flat today. adani ent has support at 77

    Hi Harshal, Good morning. yes, may continue to remain a bit flat/ weak with markets. these are a hold for short term. are good bets

    Hi Riyaz, Good morning. seems may remain a bit flat today

    Hi sukhi, icic if possible hedge with a 210pe for now. LT is a hold. looks strong


  10. CB Says:
    May 5th, 2016
    Posted at: 8:57 am

    Hi DIP, Good morning. seems these may remain a bit flat today


  11. Premsagar Says:
    May 5th, 2016
    Posted at: 8:58 am

    Hi Sir, I have HCL @ 888 - Can i hold and add at this level or can i exit.Thanks


  12. Ashutosh9999 Says:
    May 5th, 2016
    Posted at: 8:59 am

    Hi CB,

    A very Good Morning.
    Is SELLing Reliance Infrastructure for Intraday a good option ? Please advice.

    Best Regards,


  13. Dipen Says:
    May 5th, 2016
    Posted at: 9:00 am

    Is today smarlink going to declare dividend? Will stock price go up after that?


  14. RAJAS Says:
    May 5th, 2016
    Posted at: 9:01 am

    sir lupin / yes bank target and stop loss


  15. CB Says:
    May 5th, 2016
    Posted at: 9:01 am

    Hi Premsagar, its a hold for 2-3 months. fundamentally is a good bet. will bounce back

    Hi Ashutosh9999, Good morning. yes, can short below 515


  16. CB Says:
    May 5th, 2016
    Posted at: 9:02 am

    Hi Dipen, yes, likely to

    Hi RAJAS, lupin can test 1595.. yesbank below 915 can test 908

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