Quotes with Resistance & Support
Market Information

Intraday calls for 07-05-13

Posted on: May 7th, 2013 at 8:21 am

Markets likely to open slightly higher. Resistance for nifty is at 6020 and support at 5920

Buy Karnataka Bank at 155, target: 160. Stoploss: 152

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282 Responses

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Comment pages: 101112131415161718Show all

  1. BDM Says:
    May 7th, 2013
    Posted at: 4:16 pm

    Hi CB, Thanx


  2. CB Says:
    May 7th, 2013
    Posted at: 4:30 pm

    Hi kumar, did manage to bounce back from strong support levels. hold it. can see 255

    Hi BDM, most welcome.


  3. CA.Tejas Says:
    May 7th, 2013
    Posted at: 4:30 pm

    Hi CB, Exited from Hero as per yr advice at 1694 n bought at 1628.... total 40 shares.... now when should i buy again?? thanks for yr advise..


  4. PK Says:
    May 7th, 2013
    Posted at: 4:34 pm

    Sir European markets are trading positive.... and possible that US will also in positive
    so can we expect more bounce tomrow and can b enter in niffty CE or can c some selling pressure or profit booking...
    pls suggest sir
    thanks


  5. cvrprakash Says:
    May 7th, 2013
    Posted at: 4:41 pm

    Out of IDFC and DLF which on you suggest to go long tomorrow.

    Also please suggest on Kolte patil. I am planning to accumulate this, can I enter now or wait till 95 levels. Thanks.


  6. CB Says:
    May 7th, 2013
    Posted at: 4:59 pm

    Hi CA.Tejas, can re-enter above resistance of 1720 or on dips near 1620

    Hi PK, no, not really sure of entering a ce yet. guess its best to wait for 1-2 days

    Hi cvrprakash, dlf looks better. to enter kolte wait for dips near 97


  7. CA.Tejas Says:
    May 7th, 2013
    Posted at: 5:06 pm

    Hi CB, When LIC Housing finance can be bought??


  8. PK Says:
    May 7th, 2013
    Posted at: 5:09 pm

    Hi CB, OK sir....


  9. VJ Says:
    May 7th, 2013
    Posted at: 5:09 pm

    Hello CB,

    I am holding futures of Apollotyres@101 and Centurytex@317. Please suggest for tomorrow with SL and Target.

    Thank you.
    VJ


  10. vickys Says:
    May 7th, 2013
    Posted at: 6:07 pm

    Hi CB Sir ,

    Holding 1 lot KTK @ 157 , shall i add 2 more lot for next 2-3 days? plz guide .


  11. Kartik Says:
    May 7th, 2013
    Posted at: 6:32 pm

    Hi CA.Tejas, enter if it crosses 250 (resistance)

    Hi VJ, hold them with a Sl at 100 and 312, they can add another 2-3% tomorrow, book on rise as they have rallied quite a lot lately

    Hi vickys, can be avg on dips around 152 (150 acts as its strong support), hold it with a SL at 148 (cash)


  12. Shiv Says:
    May 7th, 2013
    Posted at: 6:34 pm

    Hi Cb ,
    Holding allahabad Bank @128 and karnataka bank @156 Pls suggest will i get opportunity to exit from them tommorow.. thnx


  13. Vishal Says:
    May 7th, 2013
    Posted at: 7:52 pm

    Hi Kartik, Pls suggest. Hold RCOM for around 120, Sun Pharma 1020+ and FRL for 175-180 targeg in short term or switch to MCD for target 2700+ in May?


  14. Kartik Says:
    May 7th, 2013
    Posted at: 8:00 pm

    Hi Shiv, hold them with a Sl at 124 and 150 (cash), both strong support leveles, seems can give a bounce ahead

    Hi Vishal, hold them with a trailing Sl at 110 and 985 for another 2-3 days time, avoid making fresh entries in Options for now


  15. RG Says:
    May 7th, 2013
    Posted at: 8:08 pm

    Hi Sir ...Please guide on Glenmark, Biocon and L&T. Holding stocks and having minute profit. What should be the target level ?


  16. Kartik Says:
    May 7th, 2013
    Posted at: 8:12 pm

    Hi Vishal, no, they have already rallied quite a lot, dont enter them now, wait for their prices to settle

    Hi RG, Glenmark, Biocon have been trading in narrow range for the past few days weeks, continue to hold them for SHort term, hold LT with a SL at 1550 (support) for a target of 1620 in 3-4 days time

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