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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Comment pages: 8910111213141516Show all

  1. CB Says:
    May 7th, 2012
    Posted at: 10:33 am

    Hi ARCHANA, global markets are going weak. not sure of a bounce today

    Hi ramesh, Good morning.


  2. CB Says:
    May 7th, 2012
    Posted at: 10:33 am

    Hi Atul, Good morning.. I am doing good. hope you too.


  3. Mohan Says:
    May 7th, 2012
    Posted at: 10:34 am

    Hi CB,

    Now holding 4700 PE @ 26. Shall I hold?


  4. ARCHANA Says:
    May 7th, 2012
    Posted at: 10:34 am

    Hi SaiPalanivel, yaah.....
    very good morning........what about ur trading.....


  5. BDM Says:
    May 7th, 2012
    Posted at: 10:34 am

    thanx CB


  6. ramesh Says:
    May 7th, 2012
    Posted at: 10:34 am

    I hve lt cal 1250 at 30 two lot what to du now sir plz help me na


  7. ARCHANA Says:
    May 7th, 2012
    Posted at: 10:35 am

    Hi CB, ok thank u sir....


  8. CB Says:
    May 7th, 2012
    Posted at: 10:35 am

    Hi Mohan, yes, its a hold for now

    Hi BDM, most welcome


  9. CB Says:
    May 7th, 2012
    Posted at: 10:36 am

    Hi ramesh, its oversold as of now. hold it. can expect a small bounce.

    Hi ARCHANA, most welcome.


  10. Vishal Says:
    May 7th, 2012
    Posted at: 10:37 am

    Hi CB, Can i enter SBI for short term ?


  11. Mohan Says:
    May 7th, 2012
    Posted at: 10:37 am

    Hi CB, Thanks! What could nifty see this week if the negative outlook continues?


  12. CB Says:
    May 7th, 2012
    Posted at: 10:38 am

    Hi Vishal, as of now in small quantity

    Hi Mohan, can test 4950 it seems.


  13. RAMESHB Says:
    May 7th, 2012
    Posted at: 10:39 am

    Hi Atul, DID NOT SEE YOU FOR MAY DAYS. HOW DO YOU SEE THE MARKET?


  14. ARCHANA Says:
    May 7th, 2012
    Posted at: 10:40 am

    Hi CB, u enter reliance at 710.00/- now its 709.85/-......what can i do...?


  15. ramesh Says:
    May 7th, 2012
    Posted at: 10:42 am

    TThanks


  16. CB Says:
    May 7th, 2012
    Posted at: 10:42 am

    Hi ARCHANA, does have strong support at 700. hold it.can see 718

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