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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CD Says:
June 5th, 2012
Posted at: 1:52 pm
Hi CB, can 4700pe be bought @cmp?
CB Says:
June 5th, 2012
Posted at: 1:52 pm
Hi SS, its near good support levels. can see 105 in coming days
Hi abraham, not really sure yet.is volatile
Hi sanjib kumar bose, most welcome. dont enter a pe yet. has some support near 4850
CB Says:
June 5th, 2012
Posted at: 1:53 pm
Hi Akash, hold for now. dont add more
Hi natasha singh, hold with sl at 4850
Hi CD, not really sure yet.
natasha singh Says:
June 5th, 2012
Posted at: 1:53 pm
Hi CB...can u go through my query too??? feeling tensed again
Akash Says:
June 5th, 2012
Posted at: 1:54 pm
Hi CB, 5200 CE closed at 11.90 yesterday. Now Nifty is up by almost 25 points and CE is down by 60 Paisa :( Sell?
SAI Says:
June 5th, 2012
Posted at: 1:54 pm
HI CB OK WILL DO THANKS
CB Says:
June 5th, 2012
Posted at: 1:54 pm
Hi natasha singh, yes, markets have turned volatile. hold the call with sl at 4850 for now.
micky-intrday Says:
June 5th, 2012
Posted at: 1:54 pm
Hi CB, cb short on indra gas @ 237 now @ 231 will it see 225
natasha singh Says:
June 5th, 2012
Posted at: 1:55 pm
okay thanks....good day
Sahil Says:
June 5th, 2012
Posted at: 1:55 pm
Ok thx CB.. and any scope of market recovering in that case? :p
CB Says:
June 5th, 2012
Posted at: 1:55 pm
Hi Akash, hold it
Hi SAI, most welcome.
amol Says:
June 5th, 2012
Posted at: 1:56 pm
CB sir Ki jai ho... yeah i agree market will be in green but only for few points like 5,10 points up :)
CB Says:
June 5th, 2012
Posted at: 1:56 pm
Hi micky-intrday, yes, can test 228
Hi natasha singh, most welcome
Hi Sahil, not really sure yet. if holds onto 4870 for some more time, can recover back
CB Says:
June 5th, 2012
Posted at: 1:56 pm
Hi amol, :) good afternoon.. yes, lets see.
Abhi Says:
June 5th, 2012
Posted at: 1:57 pm
Hi CB GA. Any news on ApolloTyre? Falling since last few days.
CB Says:
June 5th, 2012
Posted at: 1:58 pm
Hi Abhi, Good afternoon. no, dont see any news on it yet below 80 does look a bit weak