Intraday calls for 07-05-12

Quotes with Resistance & Support

Market Information

Intraday calls for 07-05-12

Posted on: May 7th, 2012 at 8:24 am

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Markets likely to open gap down. Resistance for nifty is at 5120

Sell Cairn India below 330, target: 324. Stoploss: 334

9.15am- Book profit in 5100 pe at 152

10.47am – Buy Hindalco at 113.35, target: 117. Stoploss: 110. Trade in small quantity – (Book profit in Hindalco at 116)

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406 Responses

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Comment pages: 18 19 20 21 22 23 24 2526Show all

SaiPalanivel Says:
May 7th, 2012
Posted at: 10:45 pm
HI CB SIR,NIFTY RALLY CONTINUE OR ANY FALL FURTHER TRADING SESSION YOUR VIEW PLEASE GAAR NEWS CONTINUE SUPPORT MARKET COMING DAYS? I AM HOLDING 5000 PUT.
airbites Says:
May 7th, 2012
Posted at: 10:47 pm
Hi CB,
If nifty trades above 5135 (200DMA), can we be sure market is heading towards 5280 ?
Plz share you views with respect to market direction above 200DMA...
NEW2NIFTY Says:
May 7th, 2012
Posted at: 11:02 pm
Hi CB SBI tomorrow target?
RAVI Says:
May 7th, 2012
Posted at: 11:02 pm
hi cb, can i enter south indian bank or ashok leyland
RAVI Says:
May 7th, 2012
Posted at: 11:06 pm
hi cb, what lvl i can enter in ivrcl last time traped at 60 and it has fallen upto 49 waited for 1 month to book profit
CB Says:
May 8th, 2012
Posted at: 12:11 am
Hi SaiPalanivel, as of now seems may open flat. if manages to cross 5140 , can move higher
Hi airbites, yes, does seem could head upto 5200
Hi NEW2NIFTY, can add 20-25rs
Hi RAVI, go with ashok leyland in small quantity for now
Hi RAVI, as of now its best to wait. markets do look a bit weak. don't enter it yet.
micky-intrday Says:
May 8th, 2012
Posted at: 12:41 am
Cb can i go long on jain morrow ? or elz financial tech
Sohan Says:
May 8th, 2012
Posted at: 1:41 am
hello CB,
Thanks very much for your tip on ITC. I did not short.
Can the target for ashok leyland be it be 30.7 (Target 1)
Sohan
Sohan Says:
May 8th, 2012
Posted at: 1:47 am
Hello CB,
For ITC - Fibonacci 32.8 has supported today.
What would be the trailing SL.
I have ITC at avg price of 190.
I am planning to keep ITC stocks as an asset. What is your opinion.
Sohan
CB Says:
May 8th, 2012
Posted at: 2:01 am
Hi micky-intrday, these are looking weak. dont enter yet
Hi Sohan, most welcome. yes, ashok can head upto 30.10. itc has support near 231-232 levels. itc is definitely a strong bet for long term. can add more on dips
Deora Says:
May 8th, 2012
Posted at: 8:15 am
Hir CB, Gud morning, Tell me sir I can buy Aban offs. 50@445, can i average low level , and what is short term target
CB Says:
May 8th, 2012
Posted at: 8:32 am
Hi Deora, Good morning. as of now looks a bit weak. don't add more of it yet. lets wait.
MURUGAN Says:
May 8th, 2012
Posted at: 6:23 pm
GOOD EVENING CB PLEASE TELL ME WHETHER VIP IND WILL GAIN FROM THIS LEVEL TOMORROW
CB Says:
May 8th, 2012
Posted at: 6:29 pm
Hi MURUGAN, as of now seems may remain flat. its more of a market mover. if markets improve, can see 90 again
MURUGAN Says:
May 8th, 2012
Posted at: 7:02 pm
THANK U CAN U TELL ME ABOUT AXIS BANK AND INFOSYS PLEASE