Intraday calls for 06-05-14

Quotes with Resistance & Support

Market Information

Intraday calls for 06-05-14

Posted on: May 6th, 2014 at 8:21 am

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Markets likely to open slightly higher. Resistance for nifty is at 6780 and support at 6650.

Buy Axis bank at 1555, target: 1573. Stoploss: 1541

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313 Responses

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Prabhat Singh Says:
May 6th, 2014
Posted at: 2:53 pm
shall i hold Axis for tomorrow?
Robotguy Says:
May 6th, 2014
Posted at: 2:54 pm
Hi jessi, No need to buy Auro for the time being...add Axis at given levels..with strict stop loss
Hi DS, I think it should go lets see, yes your previous shorts will incur loss, that is why I am suggesting to book profits this way so as to minimise your losses...we will keep on repeating this every day..
Hi manesh, No
Hi RABINDRANATH, Ok then keep stop loss of 268 and exit it intraday...
sham Says:
May 6th, 2014
Posted at: 2:55 pm
CB, Ktk bank have touch Rs200 and bounce to Rs121.40.
Robotguy Says:
May 6th, 2014
Posted at: 2:59 pm
Hi DS, U exited 1 lot at 982 it made high of 982.10
DS Says:
May 6th, 2014
Posted at: 3:05 pm
Hi Robotguy,
Yep i did...exited at 982...
Robotguy Says:
May 6th, 2014
Posted at: 3:08 pm
Hi DS, I was waiting for your reply...Nice...So we made profit of Rs.3500/- in 1 lot...u had shorted at 968...bought today at 968 and sold at 982...now lets see what happens with other lot...Hope you are getting the strategy...
ankush Says:
May 6th, 2014
Posted at: 3:08 pm
My sl 1548 hit...:-(
Robotguy Says:
May 6th, 2014
Posted at: 3:15 pm
Hi DS, Only 15 mins left pls remain online or come on gmail
DS Says:
May 6th, 2014
Posted at: 3:16 pm
Hi Robotguy,
Yea totally....but now 2 lots shorted @ 948....so thats 15k down the drain as well...
Robotguy Says:
May 6th, 2014
Posted at: 3:17 pm
Hi DS, Hello....square off other lot at 986 as very short time left for market to close...
DS Says:
May 6th, 2014
Posted at: 3:18 pm
Hi Robotguy,
Sorry cant do that as am already driving to home....just replied as there was a huge traffic jam
Robotguy Says:
May 6th, 2014
Posted at: 3:18 pm
Hi DS, For the time being forget about those 2 lots...just concentrate on 2 lots shorted at 968 for the time being...
Robotguy Says:
May 6th, 2014
Posted at: 3:20 pm
Hi DS, :-( I am 100% sure u must have squarred off both lots at 982...
dm Says:
May 6th, 2014
Posted at: 3:33 pm
Hi Robotguy, your bataindia sl hit 998. sell or good to hold for 1 week.
Robotguy Says:
May 6th, 2014
Posted at: 3:34 pm
BYE ALL...Take care...
BIJO JOSEPH Says:
May 6th, 2014
Posted at: 3:35 pm
Hi Sir,
Can you please advise on Hindustan Media Ventures. I am holding for some 6 months, purchased @ 137.5