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. ganesh Says:
    June 5th, 2012
    Posted at: 2:44 pm

    AXISBANK 993


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

    Hi Rani, the day is over :P sorry...


  3. ganesh Says:
    June 5th, 2012
    Posted at: 2:47 pm

    AXISBANK 995


  4. SaiPalanivel Says:
    June 5th, 2012
    Posted at: 2:50 pm

    HI CB SIR, NIFTY 4900 CE 136.00 HOLD CONTINUE? OR EXIT PLEASE YOUR VIEW.


  5. CD Says:
    June 5th, 2012
    Posted at: 2:50 pm

    cb do u expect more fall in nifty today?


  6. akila Says:
    June 5th, 2012
    Posted at: 2:55 pm

    hi CB/friends

    pl advice on selling BF utilities.....holding at 387 since a week, after seeing lows of 360 in last 5 days, at 393 right now..............what are chances for crossing 400 today/tomorrow? or better to exit right now?


  7. SAI Says:
    June 5th, 2012
    Posted at: 2:57 pm

    Hi SaiPalanivel, hi ga this is very boaring tried one pe and booked rs.8/- today. what u hv done?


  8. SaiPalanivel Says:
    June 5th, 2012
    Posted at: 3:01 pm

    HAI SAI,GE. ARE YOU EXIT 4900 CE? WHICH PRICE EXIT? I AM HOLD STILL. CB SIR NOT ONLINE I M FACING HUGE LOSS ON NIFTY CE.


  9. SAI Says:
    June 5th, 2012
    Posted at: 3:02 pm

    Hi SaiPalanivel, try and do avg ask CB


  10. SaiPalanivel Says:
    June 5th, 2012
    Posted at: 3:03 pm

    dont have money SAI. SO STILL WAIT.


  11. SaiPalanivel Says:
    June 5th, 2012
    Posted at: 3:04 pm

    SAI ARE YOU AVG NIFTY 4900 CE? WHICH LEVEL AVG PRICE NOW?


  12. CB Says:
    June 5th, 2012
    Posted at: 3:04 pm

    Hi akila, yes, likely to test 400 tomorrow. hold it for now.

    Hi CD, has support at 4850. may hold onto it

    Hi SaiPalanivel, yes, shall hold it. also hedge with a 4700 pe

    Hi ani, hold it for 2-3 days. has been volatile.

    Hi JP, hold these for short/ med term. likely to recover back


  13. SaiPalanivel Says:
    June 5th, 2012
    Posted at: 3:07 pm

    CB SIR NOT UP MOVE NIFTY?


  14. Sush Says:
    June 5th, 2012
    Posted at: 3:08 pm

    Hi CB! Can I go for 4700 PE @ cmp.

    Thanks


  15. shame Says:
    June 5th, 2012
    Posted at: 3:08 pm

    hai CB

    i am holding GVK POWER at 12.55=5000qty shall i hold it for long term r shall i exit it

    pls suggest me


  16. Madhu Says:
    June 5th, 2012
    Posted at: 3:09 pm

    Hi CB, I am short on Axis bank futures @ 970 now its 968 can i old it for the week or square off today itse.

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