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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CB Says:
May 6th, 2016
Posted at: 11:00 am
Hi Nilesh Wagle, seems may continue to remain a bit weak today
Hi Rajasekar, these are a hold for now.
Hi Prasant, it has resistance at 335 levels. dont enter yet
Hi RAJAS, not really sure of its future yet. best to track spot pivot levels
Hi SaiPalanivel, its a hold. looks good
CB Says:
May 6th, 2016
Posted at: 11:00 am
Hi Ranga, its a hold. does look strong
Ranga Says:
May 6th, 2016
Posted at: 11:01 am
ok thank you
CB Says:
May 6th, 2016
Posted at: 11:02 am
Hi Ranga, most welcome
Deepak7791 Says:
May 6th, 2016
Posted at: 11:04 am
Dear CB
Bharat Forge looks to be showing some strength today. Is that ture ? and within May series will itcross 840 levels?
CB Says:
May 6th, 2016
Posted at: 11:06 am
Hi Deepak7791, yes, can test 792 today it seems. 840 in may seems a bit unlikely. may have to roll over.
dak Says:
May 6th, 2016
Posted at: 11:09 am
Hi cb, holding sbi @194 and bhel @130. Please suggest what to do
akhil Says:
May 6th, 2016
Posted at: 11:10 am
Hi when can we buy hcl tech?It took support at 725 for last 3 days.
SaiPalanivel Says:
May 6th, 2016
Posted at: 11:10 am
CB SIR,LT 1280 CE BUY PRICE 32 CMP 25.50 SIR
CB Says:
May 6th, 2016
Posted at: 11:11 am
Hi akhil, it is looking weak. best to avoid for now
Hi dak, these are a hold for few days. are good bets. will recover.
CB Says:
May 6th, 2016
Posted at: 11:11 am
Hi SaiPalanivel, ok. its a hold. will recover.
ASHOKBHAI Says:
May 6th, 2016
Posted at: 11:11 am
Hi RAJAS, Calculate yourself.
PIVOT = Previous day's high + previous day's low + previous day's closing
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SaiPalanivel Says:
May 6th, 2016
Posted at: 11:13 am
VERY THANKS CB SIR,
CB Says:
May 6th, 2016
Posted at: 11:14 am
Hi SaiPalanivel, most welcome.
CB Says:
May 6th, 2016
Posted at: 11:14 am
ill be back in 1 hour
Nitin Says:
May 6th, 2016
Posted at: 11:23 am
Hi , any idea what time us job data should be out today?