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

    Hi CB, Hold 5200 CE or exit? It went below 10 also but now jst below 11 :(


  2. CB Says:
    June 5th, 2012
    Posted at: 3:10 pm

    Hi SaiPalanivel, lets see how US markets close tonight. as of now seems may open flat tomorrow

    Hi Sush, no, not yet

    Hi shame, yes, its a hold for short/ med term.


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

    CB, CONTINUE HOLDING TATAMOTORS 240CE? FACING A HUGE LOSSS...PLZ ADVICE


  4. CB Says:
    June 5th, 2012
    Posted at: 3:11 pm

    Hi Madhu, yes, hold it.

    Hi G, yes, shall hold it. strong support near 218-220


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

    Hi CB, Hold 5200 CE or exit?


  6. akila Says:
    June 5th, 2012
    Posted at: 3:12 pm

    CB, thanku so much for the reply.......was really confused whether to exit safely or wait for a profit, now that it has started moving smartly....


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

    cb sir exit nifty 4900 ce cmp?


  8. piya Says:
    June 5th, 2012
    Posted at: 3:13 pm

    hey cb...
    wot to do with auro pharma:P
    shud i hold or exit???


  9. CB Says:
    June 5th, 2012
    Posted at: 3:15 pm

    Hi Akash, yes, hold it

    Hi akila, yes, shall hold it

    Hi SaiPalanivel, hold till tomorrow

    Hi piya, its a hold for now.


  10. SS Says:
    June 5th, 2012
    Posted at: 3:16 pm

    Hi CB,
    Chamabl Fert came back from today's high. Do u see some recovery ?


  11. SUBRAMANI Says:
    June 5th, 2012
    Posted at: 3:16 pm

    Hi CB,
    I HAVE CHAMBAL FERTILIZER 80 CALL . WHAT SHALL I DO?


  12. SaiPalanivel Says:
    June 5th, 2012
    Posted at: 3:16 pm

    Thanks cb sir. now facing huge loss nifty 4900 ce. hold it cb sir.


  13. G Says:
    June 5th, 2012
    Posted at: 3:16 pm

    CB I HAVE BOUGHT IT AT 9.00. CAN I AVERAGE IT NOW?


  14. CB Says:
    June 5th, 2012
    Posted at: 3:18 pm

    Hi SS, yes, hold it for 1-2 days. can test 75 again

    Hi SUBRAMANI, its a hold for now

    Hi SaiPalanivel, yes, hopefully see some bounce soon. hold it

    Hi G, no, dont avg it. we still have quite a bit of time. likely to recover.


  15. G Says:
    June 5th, 2012
    Posted at: 3:19 pm

    OK SIR THANKS...


  16. CB Says:
    June 5th, 2012
    Posted at: 3:21 pm

    Hi G, most welcome.

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