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. goutham Says:
    May 6th, 2016
    Posted at: 7:25 pm

    CB sir any downside possible in indiabulls realty


  2. rishikanta Says:
    May 6th, 2016
    Posted at: 8:10 pm

    Sir I m holding BHEL 130ce. Plz s and suggest the tgt and stop loss for next week


  3. TAPAN Says:
    May 7th, 2016
    Posted at: 9:28 am

    CB SIR, FROM LONG TIME I HAVE HOLDING I HAVE JINDAL STEEL& POWER @ 214, BANK OF INDIA@ 193, UNITECH @ 14.5 IN FUTURE ANY CHANCE TO RECOVER WHAT CAN DO CAN I HOLD OR EXIT PLEASE I NEED YOUR HELP


  4. jaikumar Says:
    May 7th, 2016
    Posted at: 12:00 pm

    hi cb
    DJIA support level sir?


  5. Name (required) Says:
    May 7th, 2016
    Posted at: 5:53 pm

    hi CB, Welspun& BBTC monday trgt pls, hope both will go up.. tq


  6. Name (required) Says:
    May 7th, 2016
    Posted at: 5:54 pm

    Hi CB, Welspun india & BBTC monday trgt pls, hope both will go up.. tq


  7. Harshal Says:
    May 7th, 2016
    Posted at: 8:09 pm

    Hello ASHOKBHAI, I follow some of your calls. However, did not trade any of them. I have observed that most of ur calls are achieved. I haven't trade anything in options and futures yet. I am trading from past one and a half year in stocks. I want to try options as I find it interesting due to low premium (fixed amount at risk). I am also learning technical chart analysis from books suggested by CB Sir. Do guide with your tips for beginners like me.


  8. Sjmr Says:
    May 8th, 2016
    Posted at: 12:58 am

    Hi ASHOKBHAI, He is right options are very risky than other segments.


  9. CB Says:
    May 8th, 2016
    Posted at: 9:19 am

    Hi Name (required), these are near strong support levels. can see some bounce tomorrow

    Hi jaikumar, its near 17200-17300 levels.

    Hi TAPAN, yes, these may take quite some time. dont add more of these yet. possible catch up in the next rally

    Hi rishikanta, its a hold. can test 130-131 this week.

    Hi goutham, it is in an uptrend. on the downside can test support at 72 again if markets remain weak

    Hi trade4444, idfc is looking better.

    Hi SaiPalanivel, yes, its a hold

    Hi Prathmesh, ok. yes, shall exit partial near 155 levels.


  10. Harshal Says:
    May 8th, 2016
    Posted at: 10:01 am

    Hello sir, I have booked partial profits in bhel at 126.65. Holding few. Shall I re enter for target of 130? Also holding bharti airtel and Vedanta at 363 and 106.6. What levels these can test tomorrow?


  11. CB Says:
    May 8th, 2016
    Posted at: 11:03 am

    Hi Harshal, yes, can add few again for short term. looks good. bharti may remain flat tomorrow. vedanta can test 105


  12. Prathmesh Says:
    May 8th, 2016
    Posted at: 11:29 am

    Goodmorning CB sir, thnx..is there any special happening HOV?


  13. Harshal Says:
    May 8th, 2016
    Posted at: 12:13 pm

    Ok. Thanks Sir. How long would I need to hold ucal fuel? Holding at 112. Badly stucked with huge quantity. Please suggest if I shall book loss partially and enter some other script or hold all?


  14. Ravi Says:
    May 8th, 2016
    Posted at: 1:40 pm

    Hi CB
    Your view on Titan tomorrow? Gap down opening or rise?


  15. Monisha Says:
    May 8th, 2016
    Posted at: 4:09 pm

    Sir holding 800call at 50 and 7700 put at 60 what can i do guide me


  16. Monisha Says:
    May 8th, 2016
    Posted at: 4:10 pm

    Every time i had loss options please advice me

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