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. CB Says:
    May 7th, 2012
    Posted at: 12:52 pm

    Hi Rahul, its a hold for now. don't avg it yet


  2. Rahul Says:
    May 7th, 2012
    Posted at: 12:53 pm

    I have DCHL @ 88 what can i do, average at current level or sell.


  3. ttsathya Says:
    May 7th, 2012
    Posted at: 12:54 pm

    CB Shorted GSPL fut @64.15 It looks strong Wt to do Exposure isrunning out. Today no FTSE? Pl advice


  4. CB Says:
    May 7th, 2012
    Posted at: 12:54 pm

    Hi Rahul, yes, add few here to avg. fundamentally is a good long term bet. will recover back


  5. CB Says:
    May 7th, 2012
    Posted at: 12:54 pm

    Hi ttsathya, technically does look weak below 65. hold it. can see 63


  6. ARCHANAREDDY Says:
    May 7th, 2012
    Posted at: 12:55 pm

    Hi CB, can i buy 5100 ce now...?


  7. CB Says:
    May 7th, 2012
    Posted at: 12:55 pm

    Hi ARCHANAREDDY, no, not sure yet.


  8. sanzy Says:
    May 7th, 2012
    Posted at: 12:56 pm

    bought Banknifty at 9525..
    pls advice when to exit...pls suggest target..i can hold for 2days


  9. SS Says:
    May 7th, 2012
    Posted at: 12:57 pm

    Hi CB,
    ICICI recommending to exit 4900 PE..do you see any chance of 30-40 point recovery ?


  10. sourabh Says:
    May 7th, 2012
    Posted at: 12:57 pm

    bought kingfisher airline @ 18 now 13.2..... what to do......


  11. Sanjay Says:
    May 7th, 2012
    Posted at: 12:57 pm

    Hi CB
    GM
    Can short ITC at 233.70?

    Trgards


  12. CAD Says:
    May 7th, 2012
    Posted at: 12:57 pm

    what is ur take on HDIL?


  13. Saipalanivel Says:
    May 7th, 2012
    Posted at: 12:57 pm

    HI CB SIR,CAN I ENTER 4900 PUT CMP? YOUR VIEW


  14. CB Says:
    May 7th, 2012
    Posted at: 12:57 pm

    Hi sanzy, can test 9600-9620. keep sl near 9470

    Hi SS, its possible we see a small bounce after recent fall


  15. swamy Says:
    May 7th, 2012
    Posted at: 12:58 pm

    HI CB
    What about TATAMOTOR DVR I have 2lot for RS 175.5 shall I Hold?


  16. CB Says:
    May 7th, 2012
    Posted at: 12:59 pm

    Hi sourabh, as of now hold it for short/ med term. don't add more of it yet

    Hi Sanjay, no, not yet

    Hi CAD, it does look a bit weak. has support at 62-64

    Hi Saipalanivel, no, dont enter it yet

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