Quotes with Resistance & Support
Market Information

Intraday calls for 06-05-16

Posted on: May 6th, 2016 at 8:28 am

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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141 Responses

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  1. Prasant Says:
    May 6th, 2016
    Posted at: 9:05 am

    Hi CB,
    How is Tata Steel looking, can go down little?


  2. RajaSekar Says:
    May 6th, 2016
    Posted at: 9:08 am

    Hi Prashant Mishra, if break 7700 than can enter


  3. Tom Says:
    May 6th, 2016
    Posted at: 9:21 am

    Hi CB Sir, Can i buy titan ?


  4. CB Says:
    May 6th, 2016
    Posted at: 9:24 am

    Buy Larsen and Tubro at 1267, target: 1290. Stoploss: 1250


  5. CB Says:
    May 6th, 2016
    Posted at: 9:26 am

    Hi Tom, not yet. has some resistance at 365

    Hi Prasant, if breaks 326 can test 320

    Hi TAPAN, if holds onto support of 160-165, can bounce back to 190 in med term

    Hi AJ, yes, its a hold

    Hi Rahul Nagar, can test 217

    Hi Pravin, yes, these are a hold

    Hi Prashant Mishra, can enter if trades below 7700 for few min


  6. CB Says:
    May 6th, 2016
    Posted at: 9:26 am

    ill be back in 30 min.


  7. Mahendran Says:
    May 6th, 2016
    Posted at: 9:29 am

    What's your view on bhel today and how it will be result on May 27th?. Please advise because holding bhel@125 price .


  8. SaiPalanivel Says:
    May 6th, 2016
    Posted at: 9:31 am

    CB SIR,LT HOLDING 1280 CE 32 WAIT OR EXIT?


  9. adityas Says:
    May 6th, 2016
    Posted at: 9:32 am

    Hello CB sir, GM

    can attempt short on Justdial today?


  10. PKP Says:
    May 6th, 2016
    Posted at: 9:40 am

    Sir pls suggest abt biocon holding its pe


  11. 1 Day Share Market Tips Says:
    May 6th, 2016
    Posted at: 9:41 am

    GOOD MORNING.

    EQUITY CASH--

    ITC

    LOOKS STRONG BUYING SEEN....VERY STRONG

    BUT WAIT FOR LEVELS.


  12. 1 Day Share Market Tips Says:
    May 6th, 2016
    Posted at: 9:47 am

    BUY ITC @ 313.....

    ONLY BUY THAT ABOVE LEVEL


  13. RAJAS Says:
    May 6th, 2016
    Posted at: 9:48 am

    SIR LUPIN / YES BANK TARGET


  14. Rahul Nair Says:
    May 6th, 2016
    Posted at: 9:51 am

    Is it ok to accumulate ce for sbin now? Or a fall is expected?


  15. Anbu Says:
    May 6th, 2016
    Posted at: 9:52 am

    Dear CB any target for pidilite Fut?


  16. Sanu Says:
    May 6th, 2016
    Posted at: 9:59 am

    Cb sir I was brought vedl 120 call option at 3.20 now what can do

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