Intraday calls for 06-05-16
Markets likely to open lower. Support for Nifty is at 7700 and resistance at 7820. Bank Nifty has support at 16200 and resistance at 16500.
Buy Multi Commodity Exchange near 910, target: 925. Stoploss: 898 – (Avoid MCX due to gap down opening)
9.24am – Buy Larsen and Tubro at 1267, target: 1290. Stoploss: 1250 – Continue to hold for BTST.
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Giri Says:
May 8th, 2016
Posted at: 6:07 pm
Hi CB Sir
Advice on UnionBank for Monday, Holding 120 CE
CB Says:
May 8th, 2016
Posted at: 6:27 pm
Hi Prathmesh, Good evening. no, not really sure of any news on it
Hi Giri, its a hold with sl near 115. can test 120
Hi Monisha, its best to avoid options. its quite risky. would advice to trade in equity in cash for now
Hi Ravi, can test 370 it seems
Hi Harshal, yes, its finding good support at 102-103 levels. if holds onto it, can bounce back from here. hold for now. exit 50% if breaks 102.
Giri Says:
May 8th, 2016
Posted at: 6:54 pm
Hi CB,
Thanks CB sir
Monisha Says:
May 8th, 2016
Posted at: 7:33 pm
Ok sir agree ur advice but i am holding call and put asvice to come out without loss please
vijay Says:
May 8th, 2016
Posted at: 7:47 pm
Hi, cb
We can buy any sugar stock ,
rajasekar Says:
May 8th, 2016
Posted at: 8:02 pm
Hi CB, Sir, I still holding 7600&7700PE & 8000ce, Shall i hold this or advice which one i can exit tomorrow
Anupam Says:
May 8th, 2016
Posted at: 10:00 pm
HI,
I have jindal steel and power PE 60 @1.75. Its volume is very low. Should i hold or exit
harshal Says:
May 8th, 2016
Posted at: 10:47 pm
Hello Sir, please suggest target for ZEEL. Is it good buy on opening if opens around 405-406 for intraday or short term? Also how does Spicejet look technically for short(1 week) and long term(1 year).
Any idea on opening of Thyrocare tomorrow? It has been oversubscribed by 73.55 times in a price band of Rs 420-446. Can we enter for intraday/short/long term or wait for a month to enter it?
ASHOKBHAI Says:
May 8th, 2016
Posted at: 11:17 pm
Everyone speak their own experience.
In my view trading Cash is most risky. I am above 60 & traded maximum in options. All my dreams completed by trading in Options..
My own experience in option is best so I prefer & recommend Options. Of course selection of option is important. Otherwise risk is everywhere.
mrp Says:
May 9th, 2016
Posted at: 12:19 am
Hi CB, shall we add TVS ELE for short / medium term ? Any trgt for 3 months ?? Tq
rajasekar Says:
May 9th, 2016
Posted at: 7:27 am
CB Sir, all global are positive, shall exit my 7600pe&7700pe and average my 8000ce toady opening.
what is your view on this expiry nifty will close
CB Says:
May 9th, 2016
Posted at: 8:00 am
Hi Giri, most welcome
Hi rajasekar, not yet. these are a hold for now
Hi mrp, it is going weak. avoid for now
Hi harshal, zee has strong support at 395-400 levels. can add few here for short term. spicejet is facing resistance at 75-76 levels. dont enter yet. not really sure of thyrocare.
Hi Anupam, its a hold. does look weak. can test 62
Hi vijay, can add some of bajaj hind above 20.50
Hi Monisha, puts are a hold for now. try and exit ce on rise
rajasekar Says:
May 9th, 2016
Posted at: 8:01 am
Hi CB, sir, u mean still nifty in weak trend, if open green today what can i do my PE's and what about Nifty likely to reach on expiry
sensex Says:
May 9th, 2016
Posted at: 8:20 am
Can I buy reliance for tgt of 999 ?
CB Says:
May 9th, 2016
Posted at: 8:25 am
Hi sensex, not yet. looks weak
Hi rajasekar, shall hold pe's. markets are likely to remain volatile.
rajasekar Says:
May 9th, 2016
Posted at: 8:27 am
Hi CB, ok thank u sir