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

    CB last line I want to say .. any chances of downside or I shall book the loss tomorrow at START? Any levels to watch?


  2. CB Says:
    May 7th, 2012
    Posted at: 6:40 pm

    Hi Anita, these are good bets. as of now can look to ad 25-30% of total amount

    Hi sdg, nice to know you are back. nifty has strong resistance at 5130-5140 levels. hold the pe for now. if unable to cross 5130 for few min after opening, can test 5070 again

    Hi Akash, dont enter a ce yet. strong resistance near 5130


  3. sdg Says:
    May 7th, 2012
    Posted at: 6:42 pm

    Ok Thanks CB!


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

    Hi sdg, most welcome.


  5. ramaswamy Says:
    May 7th, 2012
    Posted at: 7:16 pm

    sir iam holding 5100 put plse u advice


  6. Jagdish Says:
    May 7th, 2012
    Posted at: 7:33 pm

    Hi CB/Kartik sir i have bought 1 lot acc may fut @1230 as btst can it see 1250 tomorrow ?


  7. Jagdish Says:
    May 7th, 2012
    Posted at: 7:34 pm

    Hi CB/Kartik sir i have bought 1 lot acc may fut @1230 as btst can it see 1250 tomorrow ?


  8. Mahesh Says:
    May 7th, 2012
    Posted at: 7:53 pm

    Hai CB Sir,
    Your view on united spirits.. for tomorrow intraday


  9. Kb Trader Says:
    May 7th, 2012
    Posted at: 7:57 pm

    Hi CB, heyyy cbbbb . . .. good evening :)


  10. :: money :: Says:
    May 7th, 2012
    Posted at: 8:24 pm

    hi CB
    good time to enter KFA around 13 ??
    :) f


  11. sona Says:
    May 7th, 2012
    Posted at: 8:32 pm

    Hi CB.....holding INFY 2500 CE at 34...how is the trend? will it touch 40 levels by 2moro?


  12. ajit14 Says:
    May 7th, 2012
    Posted at: 9:09 pm

    How to delete chart from watch list of chartlink ?


  13. Kartik Says:
    May 7th, 2012
    Posted at: 9:33 pm

    Hi ajit14, just click on the red icon

    Hi sdg, most welcome

    Hi ramaswamy, continue toh old the PE for another 1-2 days, can see some more downside

    Hi Jagdish, can see around 1245-50, book on rise

    Hi Mahesh, looks weak, avoid it

    Hi Kb Trader, GE

    Hi :: money ::, no, it looks weak

    Hi sona, could add upto 1% tomorrow, book on rise as Markets look weak overall


  14. SK Says:
    May 7th, 2012
    Posted at: 10:04 pm

    Axisbank tomorrow target?


  15. RAVI Says:
    May 7th, 2012
    Posted at: 10:22 pm

    hi kartik, can i enter hindalco or tata steel


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

    Hi SK, can add 15-20 points if markets are good

    Hi RAVI, no, both are going a bit weak. hindalco is near strong support levels of 110-112. if breaks it can fall further. upside resistance at 123

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