Quotes with Resistance & Support
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Intraday calls for 06-05-15

Posted on: May 6th, 2015 at 8:25 am

Markets likely to open a bit lower. Support for nifty is at 8270 and resistance at 8350 (closing basis)

If markets show recovery later during the day, buy: Monte Carlo Fashions

Thought for the day: Every thought we think is creating our future so think positive ~LOUISE HAY

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259 Responses

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Comment pages: 789101112131415Show all

  1. CB Says:
    May 6th, 2015
    Posted at: 10:43 am

    Hi sayan, no, not really aware of any..


  2. CB Says:
    May 6th, 2015
    Posted at: 10:43 am

    Hi sourabh, hold fr now. can expect a small bounce. has support at 8120 levels.


  3. CB Says:
    May 6th, 2015
    Posted at: 10:43 am

    ill be back in 1 hour


  4. prodip Says:
    May 6th, 2015
    Posted at: 10:44 am

    hello sir can i buy Monte Carlo at 450.. for intraday?


  5. Gina Says:
    May 6th, 2015
    Posted at: 10:45 am

    What are your thoughts on indusind today? Is it likely to recover??


  6. Rajesh Says:
    May 6th, 2015
    Posted at: 10:46 am

    HI CB Sir,

    Can i buy Nifty now? intraday target?


  7. Prince Mayank Says:
    May 6th, 2015
    Posted at: 10:52 am

    Hi CB, good morning
    I have bought yesterday and today some shares for BTST or for 2 days holding
    ICICI BANK @ 334
    TATA CHEM @ 443
    ROLTA @ 125
    DISHMAN PHARMA @ 162
    GRUH FINANACE @ 253
    SBIN @ 276

    How are they ?? Is their any stock to exit immediately ??

    Almost all have recently crossed 200 DMA and so i decided to enter it .. whats should be my stoploss in this picks ??

    Even if possible can u plz help me how to decide stoploss that is always best for very short term


  8. shankar Says:
    May 6th, 2015
    Posted at: 11:04 am

    thanks CB for giving the support levels


  9. RAJESH Says:
    May 6th, 2015
    Posted at: 11:17 am

    can you give me some shares between range of 500 - 1500 which has good volume can be used for intraday Trading? Please


  10. Rajat Says:
    May 6th, 2015
    Posted at: 11:32 am

    Hi Ashok V.

    Just wanted to know whether your option calls are only Intraday or we can hold till expiry if stop loss is not triggered?


  11. Ashok V. Says:
    May 6th, 2015
    Posted at: 11:45 am

    Hi Rajat, Where clearly mentioned positional are not for intraday. Rest to decide the day's trend.
    Today I have "added" ONGC 380 CE @ 1.10 & RCOM 80CE @ 0.60


  12. Sankar Says:
    May 6th, 2015
    Posted at: 11:51 am

    Hi CB
    For mothersumi bgt at 509, I can hold for 4 days. Should I hold or book loss. Its 492 now


  13. Lakshmi YVS Says:
    May 6th, 2015
    Posted at: 11:53 am

    Hi CB Sir Morning, Do you expect the Bank nifty have still more downtrend? Please guide?


  14. Lakshmi YVS Says:
    May 6th, 2015
    Posted at: 12:00 pm

    Do you expect some recovery sign from here?


  15. Ashok V. Says:
    May 6th, 2015
    Posted at: 12:08 pm

    Hi Lakshmi YVS, Hi Lakshmi YVS, Everything is depends upon GOVT's STAND for or against the FII (Income-tax matter). FII received STAY from court but the matter totally not solved. Next hearing is on 22nd JUNE.


  16. Ashok V. Says:
    May 6th, 2015
    Posted at: 12:27 pm

    Hi Prince Mayank, On what ground you are trading ? Just imaginations or any technique ?

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