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: 8:49 am

    Hi CB, Ok. In Energy/ Power and Minerals sector, which is the best for long term: Jindal Steel, Tata Sponge Sarda Energy or Monnet Ispat. I am looking with min 2-3 years investment and min 3-4 times return.


  2. Sri Says:
    June 5th, 2012
    Posted at: 8:50 am

    Hi CB,

    I am holding the 4900CE. Which NIFTY Level, you want me to book profit??

    Please suggest ASAP.

    Thanks!!
    Sri


  3. dak Says:
    June 5th, 2012
    Posted at: 8:51 am

    CB, GM. Support and resistance for bank nifty today ? want to go either long or short in futures for intraday.


  4. Sahil Says:
    June 5th, 2012
    Posted at: 8:51 am

    Oki, thanks..


  5. CB Says:
    June 5th, 2012
    Posted at: 8:52 am

    Hi Rani parmar, can test 1080

    Hi Sri, around 4880

    Hi dak, can look to go long if opens flat.

    Hi Sahil, most welcome.


  6. Ani Says:
    June 5th, 2012
    Posted at: 8:53 am

    Cb sir

    Shld i sell [email protected] purchase a 4800pe....or wait fr 4900....


  7. ravii Says:
    June 5th, 2012
    Posted at: 8:54 am

    Hello CB,

    Good morning.Shall i enter Axis bank 980 call ?


  8. CB Says:
    June 5th, 2012
    Posted at: 8:55 am

    Hi Ani, book near 4880-4900 levels. .dont purchase a pe yet

    Hi ravii, Good morning. yes.


  9. abs Says:
    June 5th, 2012
    Posted at: 8:56 am

    Hello CB, I have liberty soes @ 120..wht shd i do..sell @ cmp or hold?


  10. CB Says:
    June 5th, 2012
    Posted at: 8:56 am

    Hi abs, its a hold. can see 130 in coming days.


  11. AJ Says:
    June 5th, 2012
    Posted at: 8:58 am

    UCO BK or RCF for intraday?


  12. CB Says:
    June 5th, 2012
    Posted at: 8:59 am

    Hi AJ, can add some of uco bank


  13. SS Says:
    June 5th, 2012
    Posted at: 9:01 am

    Hi CB,
    Good Morning, Still Holding Siemens fut. Pls suggest today's target..thanks


  14. CB Says:
    June 5th, 2012
    Posted at: 9:01 am

    Hi SS, hold it for 1-2 days. today can add 12-15rs


  15. micky-intrday Says:
    June 5th, 2012
    Posted at: 9:05 am

    hey morning cb and all howz amtek to enter in huge qyt


  16. pradip Says:
    June 5th, 2012
    Posted at: 9:08 am

    hi cb,
    i was thinking to buy tvs motor futures today as soon as the markets open for intraday gains?wats ur views n at wat levels sud i buy ?

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