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. Prashant Says:
    May 5th, 2016
    Posted at: 10:16 am

    Hi CB Sir,

    I have call of Axis Bank 480 @ 9.10 shall I hold or quit.


  2. PKP Says:
    May 5th, 2016
    Posted at: 10:17 am

    Sir pls suggest about biocon, holdings its pe... any chance to touch around 610


  3. Harshal Says:
    May 5th, 2016
    Posted at: 10:17 am

    Hi sir, I have shorted adani ports at 202. Please suggest the downside target for intraday with stoploss.


  4. CB Says:
    May 5th, 2016
    Posted at: 10:18 am

    Hi pavan, it is going strong. can add few at cmp

    Hi divyesh, no, dont add more of these yet


    Hi Sanu, its a hold for now. keep sl near 102

    Hi SaiPalanivel, not yet. add above 3820


  5. CB Says:
    May 5th, 2016
    Posted at: 10:19 am

    Hi Harshal, its a hold. can test 198

    Hi PKP, its a hold. can test 600.

    Hi Prashant, yes, hold with sl near 457 for now


  6. SaiPalanivel Says:
    May 5th, 2016
    Posted at: 10:23 am

    CB SIR,NIFTY BUY? OR SELL?


  7. CB Says:
    May 5th, 2016
    Posted at: 10:23 am

    Hi SaiPalanivel, no call yet. lets wait


  8. Shani Says:
    May 5th, 2016
    Posted at: 10:23 am

    Hi CB, Request to provide TGT for ICICIbank FUT.


  9. PKP Says:
    May 5th, 2016
    Posted at: 10:23 am

    Hi CB, thanks sir...


  10. CB Says:
    May 5th, 2016
    Posted at: 10:24 am

    Hi PKP, most welcome

    Hi Shani, seems can test 219-220


  11. Nisha Says:
    May 5th, 2016
    Posted at: 10:27 am

    Hi CB,
    I am holding Century Ply 50@207 . What should i do as it is not performing from long time i want to take out money .


  12. YASH Says:
    May 5th, 2016
    Posted at: 10:27 am

    CB
    can ibuy RIL and holding BHEL 130 CE target pls


  13. Harshal Says:
    May 5th, 2016
    Posted at: 10:28 am

    Ok. Adani has already tested 196. Is it forming a base near 196-198 levels. How about accumulating it for short term? Or too weak to enter long?


  14. RajaSekar Says:
    May 5th, 2016
    Posted at: 10:28 am

    Hi CB, Sir, this positive will continue or will fall, how can i decided my nifty 8000ce&7300PE & BN 17500ce

    Can i exit my Ce here and take PE or wait

    which once i can hold and exit please advice


  15. CB Says:
    May 5th, 2016
    Posted at: 10:29 am

    Hi Nisha, it is in an uptrend. would advice to hold for few days.will bounce back

    Hi RajaSekar, may see some selling pressure later. try and exit ce's on rise for now.

    Hi Harshal, it has strong support at 195-200 zone. can add 20-25% for now

    Hi YASH, not yet. bhel is a hold for now


  16. digvijay Says:
    May 5th, 2016
    Posted at: 10:32 am

    Good Morning Sir. I'm holding PNB@85/- what's the target for short term and how long to hold?

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