Quotes with Resistance & Support
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Intraday calls for 07-05-12

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

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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  1. shame Says:
    May 7th, 2012
    Posted at: 8:27 am

    hai cb good morning

    i am holding SBIN 2200 CE at 31.74
    axis bank CE1100 at 14.70
    shall i hold it r exit it


  2. CB Says:
    May 7th, 2012
    Posted at: 8:29 am

    Hi shame, Good morning. exit from these at opening and can re-enter on intraday dips.


  3. Subin Says:
    May 7th, 2012
    Posted at: 8:33 am

    Hi gm..can i short sell in pantaloon@cmp?target?


  4. CB Says:
    May 7th, 2012
    Posted at: 8:34 am

    Hi Subin, Good morning. can short below 160 for a target of 156


  5. ttsathya Says:
    May 7th, 2012
    Posted at: 8:34 am

    GM.Shall I short Nifty Fut Or GSPL Fut @ Opening. Pl Guide


  6. sona Says:
    May 7th, 2012
    Posted at: 8:35 am

    hi CB...GM....holding INFY 2500 CE at 42....how is the trend?


  7. santosh Says:
    May 7th, 2012
    Posted at: 8:36 am

    hi cb its already gap down opening then how much expect the more dips of nifty

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