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: 9:08 am

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


  2. Chandan Says:
    June 5th, 2012
    Posted at: 9:10 am

    Hi CB, good morning sir,


  3. SB Says:
    June 5th, 2012
    Posted at: 9:11 am

    Hi CB, bhai any stock <Rs 20 fr intradya ?


  4. rajan Says:
    June 5th, 2012
    Posted at: 9:11 am

    Hi CB, suggest me for indianbulls finanace, whts target for intraday ?


  5. gp Says:
    June 5th, 2012
    Posted at: 9:11 am

    HI CB
    gm

    can i buy JPINFRA for intraday? its todays tgt plz
    and how abt emami?


  6. CB Says:
    June 5th, 2012
    Posted at: 9:11 am

    Hi micky-intrday, Good mornin. amtek auto does look a bit weak

    Hi pradip, yes, does have support at 32. can expect some bounce

    Hi Akash, no, not sure about this one

    Hi Chandan, Good morning.


  7. CB Says:
    June 5th, 2012
    Posted at: 9:13 am

    Hi SB, no..

    Hi rajan, can test 221

    Hi gp, Good morning. no, looks a bit weak. emami can test 502


  8. Dinesh Kumar Says:
    June 5th, 2012
    Posted at: 9:13 am

    Hi CB, can i enter tata motors...


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

    CB
    @ wht price to buy emami?


  10. Akash Says:
    June 5th, 2012
    Posted at: 9:14 am

    Hi CB, But Sarda Energy is good for long term?


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

    Hi gp, can add some at cmp

    Hi Dinesh Kumar, yes. can see 235


  12. CB Says:
    June 5th, 2012
    Posted at: 9:15 am

    Hi Akash, yes.


  13. Akash Says:
    June 5th, 2012
    Posted at: 9:16 am

    Hi CB, 5200 CE hardly moved with market. Exit and buy 5100 CE if I can?


  14. AJ Says:
    June 5th, 2012
    Posted at: 9:17 am

    Anything to short after opening?


  15. G Says:
    June 5th, 2012
    Posted at: 9:17 am

    good morning cb, can tata motors 240 ce bought at 9. continue holding or lookin weak. n should i exit?


  16. SaiPalanivel Says:
    June 5th, 2012
    Posted at: 9:19 am

    CB SIR, WHICH LEVEL EXIT NIFTY 4900 CE. HOLD PRICE 136.00 CMP 94.00 PLEASE ADVICE.

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