Quotes with Resistance & Support
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Intraday calls for 05-06-12

Posted on: June 5th, 2012 at 8:23 am

Markets likely to open slightly higher. Resistance for nifty is at 4870 and support at 4750-4800

Buy Axis bank at 988, target: 1012. Stoploss: 975 – (book profit at 1010)

If markets show weakness later during the day, sell: Jindal Steel and power – (Book profit in Jindal steel at 410 and exit hero moto at 1865 (call given last week))

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468 Responses

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  1. sonu Says:
    June 5th, 2012
    Posted at: 12:05 pm

    Hi STREET DON, Holding Maruti 70 shares (bought @ 1400) , shall I shift to some other script or Buy Maruti PE .


  2. SM Says:
    June 5th, 2012
    Posted at: 12:06 pm

    Hi cerulean, Cardamom for short term, yes, looks weak below 1345. Double top at 1355 levels.
    NG now stalling at 137 zone. Can wait for a dip. Also notice if it can break 137.50 in the upside.
    All 1st month Fut rates


  3. cerulean Says:
    June 5th, 2012
    Posted at: 12:06 pm

    Hi CB,GA [this id works well .. as long as links are not included .Don't have to provide the list ...Take care.


  4. sdg Says:
    June 5th, 2012
    Posted at: 12:06 pm

    Hi CB, GA, holding nifty 4900 ce 136 and acc 1200 ce @ 22 ( both in huge loss).. is it still hold or book the loss.. please guide


  5. Akash Says:
    June 5th, 2012
    Posted at: 12:06 pm

    Hi CB, JP Asso is down by more than 1 Rs. Also, shud I sell everything and buy Hindalco 130 CE (if I can) for target min 6 in few days?


  6. CB Says:
    June 5th, 2012
    Posted at: 12:07 pm

    Hi cerulean, Good afternoon.. thats great!

    Hi sdg, Good afternoon. hold these for now. acc can test 1160. nifty too can add some more from here.


  7. SM Says:
    June 5th, 2012
    Posted at: 12:07 pm

    Hi CB, GA :)
    Hi SAI, GA :)


  8. subodh Says:
    June 5th, 2012
    Posted at: 12:07 pm

    Hi STREET DON, wants to learn technical analysis..Plz share some material...Already read candle stick suggested by CB sir...But still wants to learn something..Plz suggest..and also any intraday call


  9. Anne Says:
    June 5th, 2012
    Posted at: 12:07 pm

    CB,

    I holding 2 lots of tata motors with average of 5.65...

    suggest me something.


  10. CB Says:
    June 5th, 2012
    Posted at: 12:08 pm

    Hi Akash, hold it for some time

    Hi SM, Good afternoon


  11. sdg Says:
    June 5th, 2012
    Posted at: 12:08 pm

    Ok Thanks CB!


  12. cerulean Says:
    June 5th, 2012
    Posted at: 12:08 pm

    Hi SM, Thanks a lot for yr kind reply..!!! I am a bear ...! [ reason for losses thus far] Want to short one of these ..:P Lets see.. Ng ,the real action will be on thursady!![inventory]


  13. Akash Says:
    June 5th, 2012
    Posted at: 12:08 pm

    Hi CB, please suggest as JP Asso is down by more than 1 Rs. Also, shud I sell everything and buy Hindalco 130 CE (if I can) for target min 6 in few days? Wht to do? If I cud buy one lot of Hindalco and it can see 6-6.5, I will recover some loss at least


  14. CB Says:
    June 5th, 2012
    Posted at: 12:09 pm

    Hi Anne, hold it for 2-3 days. can test 235

    Hi sdg, most welcome.


  15. CB Says:
    June 5th, 2012
    Posted at: 12:09 pm

    Hi Akash, hold it for some time. dont add others yet.


  16. subodh Says:
    June 5th, 2012
    Posted at: 12:09 pm

    Hi SM, SM are u from Mysore or bangalore?

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