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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. SAI Says:
    May 7th, 2012
    Posted at: 3:07 pm

    HI CB OK THANKS FOR THE INFO AND THANKS FOR SBI TOO


  2. abraham Says:
    May 7th, 2012
    Posted at: 3:08 pm

    CB sir,

    Any visibility of Bharti airtel to see 325 levels in this week?


  3. CB Says:
    May 7th, 2012
    Posted at: 3:08 pm

    Hi SS, most welcome. drreddy is a hold for now

    Hi Saipalanivel, if does not manage to cross 5130, then selling pressure is likely to resume


  4. bk Says:
    May 7th, 2012
    Posted at: 3:08 pm

    Dear CB,

    good noon.

    why this up sudden movement.

    ur advise please on my holdings of tatasteel & sbi calls


  5. CB Says:
    May 7th, 2012
    Posted at: 3:09 pm

    Hi SAI, most welcome

    Hi abraham, yes, does look good.

    Hi bk, hope this helps: http://nseguide.com/market-news/gaar-provisions-to-be-applicable-from-2013-fm-nifty-recovers/ . .tata steel and sbi are a hold.


  6. Saipalanivel Says:
    May 7th, 2012
    Posted at: 3:09 pm

    Thanks cb sir.


  7. CB Says:
    May 7th, 2012
    Posted at: 3:09 pm

    Hi Saipalanivel, most welcome.


  8. MM Says:
    May 7th, 2012
    Posted at: 3:09 pm

    HI CB SIR, CAN I GO NIFTY BUY ?


  9. CB Says:
    May 7th, 2012
    Posted at: 3:10 pm

    Hi MM, no, lets wait till tomorrow. strong resistance at 5130


  10. abraham Says:
    May 7th, 2012
    Posted at: 3:11 pm

    sir,

    whats going on JSW steel?... is it good to enter for a call in it?


  11. MM Says:
    May 7th, 2012
    Posted at: 3:11 pm

    SIR GO SHORT


  12. CB Says:
    May 7th, 2012
    Posted at: 3:11 pm

    Hi abraham, yes, does look good. can enter a 740 ce if opens flat tomorrow.


  13. Naran Says:
    May 7th, 2012
    Posted at: 3:12 pm

    Hi gostha, GAAR IS GEAR FOR FOREIGN INVESTORS. FINANCE MINISTER CHANGED IT TO REVERSE ON BUDGET AND CHANGES IT TO NUTRAL NOW !!!!!!!!!!!!!!!!!!!!


  14. CB Says:
    May 7th, 2012
    Posted at: 3:12 pm

    Hi MM, ok thanks.


  15. sandeep Says:
    May 7th, 2012
    Posted at: 3:12 pm

    cb............after good results wats the target one can epect on HDFC in the next 2-5 days?


  16. abraham Says:
    May 7th, 2012
    Posted at: 3:12 pm

    ok...thank you sir

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