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. micky-intrday Says:
    June 5th, 2012
    Posted at: 1:21 pm

    Hi STREET DON, looking at the pressure of selling on stocks seems like markets will close negative mostly


  2. SURAJIT PATRA Says:
    June 5th, 2012
    Posted at: 1:24 pm

    BOUGHT ONGC 270 CE @2.10 , KINDLY SUGGEST ME HOLD OR EXIT


  3. shashi Says:
    June 5th, 2012
    Posted at: 1:32 pm

    HI CB SIR .......
    I'm holding SBI [email protected]
    now 54.25 hold R exit....plz advice me sir......thanks.


  4. SM Says:
    June 5th, 2012
    Posted at: 1:33 pm

    Hi cerulean, my primary BSNL net is not working. accessing net via a dongle now. sorry, really cannot assist you in crude as charts not updating properly via dongle. yes, I mentioned 1320-1321 as the support for cardamom. it made a low of exactly 1321 and gone up. its good that you booked:) will not be available in NSEGUIDE till my BSNL problem is sorted out, I guess. Enjoy a safe trading session :)


  5. zeko Says:
    June 5th, 2012
    Posted at: 1:33 pm

    What happened to the market its fallen suddenly any bad news given jst now??


  6. ani Says:
    June 5th, 2012
    Posted at: 1:34 pm

    Hi STREET DON,


    sir why the market is trading in 4865 n 4890 range....holding [email protected] nad price shld i sell...


  7. subodh Says:
    June 5th, 2012
    Posted at: 1:36 pm

    don....holding reliance infra and hindalco call...wats ur view on this and plz suggest some intraday


  8. shashi Says:
    June 5th, 2012
    Posted at: 1:40 pm

    CB SIR R U THERE...........


  9. CB Says:
    June 5th, 2012
    Posted at: 1:41 pm

    Hi zeko, don't see any news yet.

    Hi shashi, yes, book profit for now

    Hi SURAJIT PATRA, its a hold for now. can test 258-260


  10. CB Says:
    June 5th, 2012
    Posted at: 1:41 pm

    Hi shashi, yes.


  11. nasrin Says:
    June 5th, 2012
    Posted at: 1:43 pm

    dear why vip industries down any badsnews..........


  12. CB Says:
    June 5th, 2012
    Posted at: 1:44 pm

    Hi nasrin, dont see any news. technically breaks 73, could fall further.


  13. sona Says:
    June 5th, 2012
    Posted at: 1:45 pm

    hi CB....shall i buy SBIN 2100 call at this level(only if its sure)


  14. CB Says:
    June 5th, 2012
    Posted at: 1:46 pm

    Hi sona, not yet. markets are seeing some selling pressure.


  15. Sahil Says:
    June 5th, 2012
    Posted at: 1:46 pm

    Hi CB, what can ALBK see before closing? I am holding 2500 at 129.35
    Suggest..


  16. SS Says:
    June 5th, 2012
    Posted at: 1:46 pm

    Hi CB,
    Pls suggest on Siemens..It went down badly in good mkt. Huge loss

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