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: 1:58 pm

    cb also shorted zydus welness @ 425 now @ 405 waiting for 398 395 wat say?


  2. Rani Says:
    June 5th, 2012
    Posted at: 1:58 pm

    Hi CB good afternoon, can i buy sbi @ 2086


  3. Abhishek Says:
    June 5th, 2012
    Posted at: 1:59 pm

    Hi CB, reliance short term target ans SL?


  4. CB Says:
    June 5th, 2012
    Posted at: 1:59 pm

    Hi micky-intrday, yes.. hold it

    Hi Rani, Good afternoon. not really sure yet.


  5. micky-intrday Says:
    June 5th, 2012
    Posted at: 2:00 pm

    cb while writing zydus target achieved lol


  6. subodh Says:
    June 5th, 2012
    Posted at: 2:01 pm

    Cb... holding hindalco call-130..is it good to carry till tomoroow or square off today with no profit(Only cost is brokerage)??..Plz suggest


  7. Rani Says:
    June 5th, 2012
    Posted at: 2:01 pm

    CB sir have u any call for intraday ?


  8. CB Says:
    June 5th, 2012
    Posted at: 2:02 pm

    Hi Abhishek, has resistance at 710. above this can see 725


  9. Akash Says:
    June 5th, 2012
    Posted at: 2:02 pm

    Hi CB, Why it is not moving.. At what Nifty level it will start going up fast. above 4900?


  10. Akash Says:
    June 5th, 2012
    Posted at: 2:03 pm

    Hi CB, Now further down with slight downside in Nifty. Now around 11 only. I am afraid if Nifty comes near it last close, 5200 CE will be at 7-8 Rs. only :( Wht to do?


  11. ganesh Says:
    June 5th, 2012
    Posted at: 2:03 pm

    Hi CB, welcome sir


  12. vijay Says:
    June 5th, 2012
    Posted at: 2:04 pm

    HI CB,

    Can i take bharti airtel for long term with current value and what about IGL..i have taken at 253 shall i hod or exit


  13. shareman Says:
    June 5th, 2012
    Posted at: 2:04 pm

    Whats ur call about market,its going to go down or close at this 4870 range?


  14. CB Says:
    June 5th, 2012
    Posted at: 2:05 pm

    Hi micky-intrday, :)

    Hi subodh, exit on rise for now. can re-enter above 121

    Hi Rani, no, not yet.


  15. CB Says:
    June 5th, 2012
    Posted at: 2:06 pm

    Hi Akash, nifty is not really going anywhere since some time now

    Hi vijay, no, not yet. igl is a hold for now


    Hi shareman, as of now if breaks 4850 could fall further. if holds onto it, can see 4900 again


  16. CB Says:
    June 5th, 2012
    Posted at: 2:07 pm

    ill be back in 1 hour.

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