Intraday calls for 07-05-12

Quotes with Resistance & Support

Market Information

Intraday calls for 07-05-12

Posted on: May 7th, 2012 at 8:24 am

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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: 1 234 5 6 7 8 9 Show all

pradeep sharma Says:
May 7th, 2012
Posted at: 8:50 am
Hi, Good morning
What do you say about DLF? I have bought it at Rs. 186...........
MURUGAN Says:
May 7th, 2012
Posted at: 8:50 am
GOOD MORNING CB PLEASE TELL ME THE TARGET FOR VIP INDUSTRIES AND EXIDE TODAY
CB Says:
May 7th, 2012
Posted at: 8:52 am
Hi pradeep sharma, Good morning. it has strong support at 175-180 levels.if holds onto it for another day or 2, can see 200 again
Hi MURUGAN, Good morning. exide has good support at 120. may remain a bit flat. vip may open lower
SK Says:
May 7th, 2012
Posted at: 8:53 am
Axisbank today?
Akash Says:
May 7th, 2012
Posted at: 8:53 am
Hi CB, Once I sell 5000 PE, shud I buy KPIT from that money for 2-3 days for target 125+.
amolo Says:
May 7th, 2012
Posted at: 8:54 am
Hi CB,
Have SBI 2200 CA at very high price....Should I avg. it out @ current levels....
Having huge loss......
Amolo
CB Says:
May 7th, 2012
Posted at: 8:55 am
Hi SK, no, not sure about it yet
Hi Akash, yes, can enter it on dips
CB Says:
May 7th, 2012
Posted at: 8:55 am
Hi amolo, no, dont avg it yet. shall wait for another day or 2.
pradeep sharma Says:
May 7th, 2012
Posted at: 8:57 am
what is market flow today? should we buy or do short selling???????
CB Says:
May 7th, 2012
Posted at: 8:57 am
Hi pradeep sharma, looking at global queues, seems may remain weak today. can look to short weak stocks
cvrprakash Says:
May 7th, 2012
Posted at: 8:59 am
Dear CB,
Whats your view on IGL, Petronet...etc...
Can this dip can be used to invest in this as these rates are very rare to see and seems good rate to enter? Any stock you'll advice to buy using dips?
CB Says:
May 7th, 2012
Posted at: 8:59 am
Hi cvrprakash, as of now these are looking weak. don't enter these yet
Subin Says:
May 7th, 2012
Posted at: 9:02 am
Hi..irb infra target today? Thanks
rgitkare Says:
May 7th, 2012
Posted at: 9:02 am
gm cb sir, can short bank nifty at opening for 40 to 50 pts gain?
CB Says:
May 7th, 2012
Posted at: 9:03 am
Hi Subin, if holds onto 124 levels after opening, can see some bounce
Hi rgitkare, Good morning. no, not sure of going short after gap down
vipul07 Says:
May 7th, 2012
Posted at: 9:04 am
cb sir,
sbi started the day at 2350.can we sell our share at the start also.my broker told me that can be done from 9.07 onwards