Quotes with Resistance & Support
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Intraday calls for 06-05-13

Posted on: May 6th, 2013 at 8:40 am

Markets likely to open higher, resistance for Nifty at 5980

Sell Tata motors on rise around 288, target: 282, SL 292 – (SL triggered in Tata motors)

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192 Responses

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  1. CB Says:
    May 6th, 2013
    Posted at: 11:35 am

    Hi ibull, Good morning. yes, best to wait. strong resistance near 6000-6020

    Hi hitesh, most welcome.


  2. CB Says:
    May 6th, 2013
    Posted at: 11:36 am

    Hi Karan Sharma, did you hedge siemens yet? ptc can see 57.50


    Hi raja, no, looks a bit weak


  3. Karan Sharma Says:
    May 6th, 2013
    Posted at: 11:38 am

    Hi CB,

    I havn't hedged Siemens yet, was thinking it as a short covering rally.

    Sold SIEMENS (Futures) @ 505/-.

    Plz tell wht to do?


  4. ibull Says:
    May 6th, 2013
    Posted at: 11:39 am

    Hi CB, Thanks


  5. CB Says:
    May 6th, 2013
    Posted at: 11:39 am

    Hi Karan Sharma, recovered quite a bit from its lows. guess will now need to buy a lot in june futures to hedge


  6. Neelraj Says:
    May 6th, 2013
    Posted at: 11:39 am

    sir can i buy sbi


  7. CB Says:
    May 6th, 2013
    Posted at: 11:39 am

    Hi ibull, most welcome

    Hi Neelraj, no, not yet.


  8. PK Says:
    May 6th, 2013
    Posted at: 11:39 am

    Hi CB, sir nifty touch 5972, and me holding 6000CE 1 lot, should i continue to hold till afternoon


  9. CB Says:
    May 6th, 2013
    Posted at: 11:40 am

    Hi PK, would advice to book profit for now as its nearing resistance levels.


  10. nisarg Says:
    May 6th, 2013
    Posted at: 11:40 am

    i purchased infy 2750 ce at 9.7 rs now its bid price is 2rs. should i still wait till last date for further changes


  11. Arya Says:
    May 6th, 2013
    Posted at: 11:40 am

    HI CB sir can i short tata motor at current prize for intraday


  12. Neelraj Says:
    May 6th, 2013
    Posted at: 11:41 am

    sir i have cash bal tell me some stock for buy


  13. Karan Sharma Says:
    May 6th, 2013
    Posted at: 11:41 am

    Hi CB,

    Tx CB for answering the query.

    Shld i buy Siemens (June Futures) @ CMP?


  14. CB Says:
    May 6th, 2013
    Posted at: 11:42 am

    Hi nisarg, yes, try and exit on rise for now as its a out of money call

    Hi Arya, yes. sl near 292

    Hi Neelraj, can add some of den networks for short term

    Hi Karan Sharma, most welcome. yes, enter at cmp


  15. PK Says:
    May 6th, 2013
    Posted at: 11:44 am

    Sir suppose if it continues to trade up for next 5mins
    Can we c more upmove


  16. Sohan Says:
    May 6th, 2013
    Posted at: 11:45 am

    Hello CB,

    Please let me know about Tata Motors.

    Sohan

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