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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Comment pages: 181920212223242526Show all

  1. CB Says:
    May 7th, 2012
    Posted at: 3:13 pm

    Hi sandeep, it can test 680


  2. CB Says:
    May 7th, 2012
    Posted at: 3:13 pm

    Hi abraham, most welcome.


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

    Dear CB,

    I was not watching the market for the last 2-3 hours
    Seeing the way it moved up now - Shocking!!!

    Please give me any share that we can look to short for sure....
    If this upmove not hold either tomorrow or for days to come...


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

    Hi cvrprakash, yes. looking for some stock. shall advice soon


  5. MM Says:
    May 7th, 2012
    Posted at: 3:14 pm

    CB sir, can I short position in nifty ?


  6. CB Says:
    May 7th, 2012
    Posted at: 3:16 pm

    Hi MM, lets wait till tomorrows opening


  7. MM Says:
    May 7th, 2012
    Posted at: 3:17 pm

    OK THANKS CB SIR


  8. divya Says:
    May 7th, 2012
    Posted at: 3:20 pm

    can i buy TCS at cmp for target of 1300


  9. CB Says:
    May 7th, 2012
    Posted at: 3:20 pm

    Hi MM, most welcome.


  10. CB Says:
    May 7th, 2012
    Posted at: 3:21 pm

    Hi divya, yes. good support at 1250-1260


  11. Naran Says:
    May 7th, 2012
    Posted at: 3:21 pm

    Hi CB, BHEL Not participated in Friday's down trend and big up-move on today. Can i enter it for short term ??????


  12. divya Says:
    May 7th, 2012
    Posted at: 3:22 pm

    oh thanks..
    i will buy TCS 1300CE at 24


  13. RAMESHB Says:
    May 7th, 2012
    Posted at: 3:23 pm

    Hi CB, I HAVE NILA INFRA AT 2 SHOULD I BOOK PROFIT OF WAIT FOR FEW MONTHS


  14. CB Says:
    May 7th, 2012
    Posted at: 3:23 pm

    Hi Naran, yes, above 224 looks good

    Hi divya, ok


  15. Madhu Says:
    May 7th, 2012
    Posted at: 3:23 pm

    Hi CB, Still I am in loss with my Unitech call its no at all moving. Holding unitech 25 ca 3 lots @ 1.2 now 0.80 what to do?


  16. CB Says:
    May 7th, 2012
    Posted at: 3:23 pm

    Hi RAMESHB, it does look good technically. hold it for some more time

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