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. SaiPalanivel Says:
    June 5th, 2012
    Posted at: 3:23 pm

    CB SIR, WHATS YOUR VIEW US MARKETS OPEN TODAY FLAT/HIGH/DOWN?


  2. bk Says:
    June 5th, 2012
    Posted at: 3:23 pm

    Dear CB,

    please advise me on Heromoto fut buy at 1806.

    can i hold for the target of 1890

    or book now.


  3. CB Says:
    June 5th, 2012
    Posted at: 3:24 pm

    Hi SaiPalanivel, likely to trade flat

    Hi bk, yes, book profit for now.


  4. ani Says:
    June 5th, 2012
    Posted at: 3:24 pm

    Hi CB,


    sir thn holding [email protected] 4820.....lets c fr tmrw market...as per ur advice holding....


  5. CB Says:
    June 5th, 2012
    Posted at: 3:25 pm

    Hi ani, ok.. lets see how US mrkets close tonight.


  6. ganesh Says:
    June 5th, 2012
    Posted at: 3:26 pm

    AXISBANK met the target and came down


  7. J Says:
    June 5th, 2012
    Posted at: 3:27 pm

    Hi CB, Holding INFY & SBIN CE, Hold for tommrow or exit ?


  8. CB Says:
    June 5th, 2012
    Posted at: 3:28 pm

    Hi J, yes, hold these for now. keep common sl at 4840


  9. J Says:
    June 5th, 2012
    Posted at: 3:30 pm

    Hi CB, Thanks Sir !


  10. CB Says:
    June 5th, 2012
    Posted at: 3:30 pm

    Hi J, most welcome.


  11. SDM Says:
    June 5th, 2012
    Posted at: 3:32 pm

    Sir

    NAV BHARAt VENTURE can see some good upside level....???

    can see 180 levels


  12. Abhishek Says:
    June 5th, 2012
    Posted at: 3:32 pm

    Hi CB, target for IDFC and Maruti for tomorrow and your view ?


  13. CB Says:
    June 5th, 2012
    Posted at: 3:37 pm

    Hi SDM, It looks a bit weak. dont enter it yet

    Hi Abhishek, can go with idfc tomorrow.


  14. JP Says:
    June 5th, 2012
    Posted at: 3:37 pm

    everybody wants the party but nobody want to dance


  15. cerulean Says:
    June 5th, 2012
    Posted at: 3:39 pm

    Hi SM, Kind of u to have taken the trouble to reply.No issues ...May not enter any trade today .Thank you :] Hi CB, Enjoy your evening :]


  16. vishal Says:
    June 5th, 2012
    Posted at: 3:44 pm

    i am holding 4000 tata motors@ 227.75 in futures, can you please guide as to why it was under pressure today, what levels can i expect in the short term? thanks

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