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. REEF Says:
    June 5th, 2012
    Posted at: 1:47 pm

    Hi CB, Can I buy Nifty Put now


  2. SAI Says:
    June 5th, 2012
    Posted at: 1:47 pm

    HI CB GA 4900 ce holding my price near 110. pls adv. whether to exit or hold


  3. amol Says:
    June 5th, 2012
    Posted at: 1:47 pm

    TODAYS TGT NIFTY SPOT 4850-4860...


  4. Subin Says:
    June 5th, 2012
    Posted at: 1:48 pm

    Sir i have jp [email protected] i buy @cmp for average..


  5. CB Says:
    June 5th, 2012
    Posted at: 1:48 pm

    Hi Sahil, can test 131 if makrets recover again

    Hi SS, yes, it has been volatile in last 2-3 days. would advice to hold for some more time. its near strong support levels

    Hi REEF, not really sure yet.


  6. SAI Says:
    June 5th, 2012
    Posted at: 1:48 pm

    HI CB HOLDING ICICI BANK IN CASH 20 NOS. BOUGHT AT 800 PLS ADV EXIT LEVEL AND SL


  7. CD Says:
    June 5th, 2012
    Posted at: 1:49 pm

    hey... cb !! can 4700pe be bought @cmp... selling pressure is resuming i suppose!!


  8. ganesh Says:
    June 5th, 2012
    Posted at: 1:49 pm

    those who tracked AXISBANK Sell call morning (Sell 1002-1000 with strict SL 1004 target 995-994). First time SL triggered second time Target met.


  9. SS Says:
    June 5th, 2012
    Posted at: 1:50 pm

    Hi CB,
    Thanks, will hold. Can u pls suggest on Hindustan Oil Exploration. Having long


  10. abraham Says:
    June 5th, 2012
    Posted at: 1:50 pm

    Sir,

    what will be the expected closing level of nifty today in your view


  11. sanjib kumar bose Says:
    June 5th, 2012
    Posted at: 1:50 pm

    sir thanks a lot axis bank.May i buy 4900 pe ?


  12. ganesh Says:
    June 5th, 2012
    Posted at: 1:50 pm

    AXISBANK now 992


  13. subodh Says:
    June 5th, 2012
    Posted at: 1:50 pm

    Hi STREET DON, Holding Reliance infra and hindalco call..plz suggest wat to do


  14. CB Says:
    June 5th, 2012
    Posted at: 1:51 pm

    Hi SAI, hold for now. keep sl near 4860. icici is a hold for now.

    Hi Subin, dont avg it yet. for now its a hold

    Hi CD, yes, does have some support near 4850-4860

    Hi ganesh, thanks.


  15. Akash Says:
    June 5th, 2012
    Posted at: 1:51 pm

    Hi CB, 5200 CE is not moving and I made loss in JP Associate also in intraday. Sell all and buy Hindalco 130 CE?


  16. natasha singh Says:
    June 5th, 2012
    Posted at: 1:52 pm

    Hi i hold nifty call...shud i square it off now?

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