Intraday calls for 05-06-12

Quotes with Resistance & Support

Market Information

Intraday calls for 05-06-12

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

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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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cerulean Says:
June 5th, 2012
Posted at: 12:24 pm
Hi CB, Hi SM, Take care .Have a nice day ahead .
ARCHANAREDDY Says:
June 5th, 2012
Posted at: 12:24 pm
Hi CB, HI CB...
CAN I ENTER TATASTEEL 420 PE NOW...?
CB Says:
June 5th, 2012
Posted at: 12:24 pm
Hi chhaya, hold these for now. kpit can be added in small quantity for short term
sunny Says:
June 5th, 2012
Posted at: 12:24 pm
any news/expectations about CRR rate cut today ?
cerulean Says:
June 5th, 2012
Posted at: 12:25 pm
Hi SM, OK.. Trade safe and enjoy spam free life..:}
CB Says:
June 5th, 2012
Posted at: 12:26 pm
Hi ARCHANAREDDY, no, not yet
Hi sunny, no, not sure of any news yet
Kb Trader Says:
June 5th, 2012
Posted at: 12:27 pm
Hi SM, Hey .. sory .. just came back. . yeah .. i hav it. . wht happned?
SM Says:
June 5th, 2012
Posted at: 12:27 pm
Hi cerulean, See, cardamom... from 1337 to 1334 within matter of minutes
cerulean Says:
June 5th, 2012
Posted at: 12:27 pm
Hi CB, Bye for now ..thanks
CB Says:
June 5th, 2012
Posted at: 12:28 pm
Hi cerulean, bbye. have a good day
cerulean Says:
June 5th, 2012
Posted at: 12:29 pm
Hi SM, Yes !! That may be because , at the spot market it ell.. Sdly no link to check the spot prices live ..nor a number to call..
CB Says:
June 5th, 2012
Posted at: 12:29 pm
ill be back in 30 min.
SM Says:
June 5th, 2012
Posted at: 12:30 pm
Hi Kb Trader, GA. Make Nifty Fut charts hourly. Now locate left shoulder around 21 and 22 May. Trying to form right shoulder now. If goes up from here will not form it. Otherwise :)
Hi cerulean, Cardamom 1330 :)
cerulean Says:
June 5th, 2012
Posted at: 12:30 pm
prices fell
SM Says:
June 5th, 2012
Posted at: 12:32 pm
Hi cerulean, Yes, thats the magic of resistance
cerulean Says:
June 5th, 2012
Posted at: 12:35 pm
Hi SM, yes!!! I will short now .. let's see..
THANK YOU