Quotes with Resistance & Support
Market Information

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: 1:00 pm

    Hi swamy, if possible hedge with couple of 150 pe's for now.


  2. Saipalanivel Says:
    May 7th, 2012
    Posted at: 1:00 pm

    CB SIR,JPASSOCIATE 5% DOWN I AM HOLD IN 77.00 LEVEL EXIT OR WAIT?


  3. UNIYAL Says:
    May 7th, 2012
    Posted at: 1:01 pm

    Sir, whats about European Market.... If they did not fall much then we can recover from here..


  4. CB Says:
    May 7th, 2012
    Posted at: 1:02 pm

    Hi Saipalanivel, will need to avg it once markets settle. hold for now

    Hi UNIYAL, its down around 1%. possible see a small bounce


  5. sandeep Says:
    May 7th, 2012
    Posted at: 1:03 pm

    cb............wats ur view on HDFC on its results day? I'm holding its 720 [email protected] for the current series. can it see levels close to 680 if the results are good?
    plz reply


  6. divya Says:
    May 7th, 2012
    Posted at: 1:03 pm

    holding BankNifty 10000CE..
    when should i exit...
    can BankNifty see 9800 levels in a day or 2


  7. ani Says:
    May 7th, 2012
    Posted at: 1:03 pm

    Hi CB,

    can i go wid any ce...5200 or 5300ce....ur views....


  8. CB Says:
    May 7th, 2012
    Posted at: 1:03 pm

    Hi sandeep, it has support at 650 levels. if breaks it could fall further. hold ce with sl at 648


  9. CB Says:
    May 7th, 2012
    Posted at: 1:04 pm

    Hi divya, possible see a small bounce from here. try and exit near 9700-9800

    Hi ani, no, dont enter these yet.


  10. abab Says:
    May 7th, 2012
    Posted at: 1:06 pm

    cb tgt for state bank of indiA i am in huge loss have @ 2150 cmp 1944 wat to do


  11. CB Says:
    May 7th, 2012
    Posted at: 1:06 pm

    Hi abab, will need to hold it a bit longer. once markets improve, it will bounce back


  12. abab Says:
    May 7th, 2012
    Posted at: 1:07 pm

    wat bout axisbank have @ 1194 smp 944


  13. Madhu Says:
    May 7th, 2012
    Posted at: 1:09 pm

    Hi CB, Good After noon,

    I have unitech 25 ca 3 lots @ 1.2 now 0.65, Axisbank 1000 CA@ 48 now 35 and IFCI 40 CA @ 1.4 now 1 please suggest.


  14. CB Says:
    May 7th, 2012
    Posted at: 1:09 pm

    Hi abab, this one too is a hold. dont add more yet.


  15. Subin Says:
    May 7th, 2012
    Posted at: 1:10 pm

    Hi wht abt uniphosprs?


  16. ARCHANAREDDY Says:
    May 7th, 2012
    Posted at: 1:10 pm

    hi cb thank u sir.................

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