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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  1. supreeth Says:
    June 5th, 2012
    Posted at: 12:09 pm

    Is it the best time to buy renukha sugar and Eros international, please let me know.

    Many Thanks
    Supreeth K S


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

    Hi supreeth, not yet. these are going weak as of now


  3. STREET DON Says:
    June 5th, 2012
    Posted at: 12:10 pm

    Hi GURU BHAI, HOLD SAIL AND INFOSYS... EXIT FROM COAL INDIA ON BOUNCE.


  4. Pradip Says:
    June 5th, 2012
    Posted at: 12:10 pm

    Hi CB, GE. Any thoughts on RCAP? should I sell it @ CMP?


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

    hi CB/SREETDON....how about buying axisbank future at the cmp....will it touch 1000 level today...if so target?


  6. CB Says:
    June 5th, 2012
    Posted at: 12:11 pm

    Hi Pradip, Good evening. not yet. seems can test 311


    Hi sona, dont enter it now.


  7. Dinesh Kumar Says:
    June 5th, 2012
    Posted at: 12:12 pm

    Hi STREET DON, can i enter TATA STEEL...


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

    Hi CB,


    sir sold [email protected] holding [email protected] advice stoploss and price shld i sell....ny chance it will down to 4800....


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

    CB sir, can i put 5000 CE june end?


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

    ok...CB....i thot banknifty looks strong


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

    Hi CB,thanks!! Hi SM,In cardamom yesterdays trades in auction=1 04-06-2012 Cardamom Planters' Association, Santhanpara qty 14256
    high 1015.50 low.678.13 .it has come down .. Today it may trade higher ..


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

    Hi cerulean, you are welcome. Trying to be a bear hey :p Did not knew abt inventory reports coming in for NG on thursday. Thanks. Lets see :)


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

    CB Sir, cai go short on Jub. food


  14. GURU BHAI Says:
    June 5th, 2012
    Posted at: 12:13 pm

    Hi STREET DON, Thanks. Thank You CB Sir !


  15. amol Says:
    June 5th, 2012
    Posted at: 12:14 pm

    CB sir, Please advice i got KFA @ 10.50 and Hindalco PE 110 @ 2.15.


  16. STREET DON Says:
    June 5th, 2012
    Posted at: 12:15 pm

    Hi Dinesh Kumar, enter above 409 level

    Hi GURU BHAI, welcome dear.

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