Intraday calls for 07-05-13

Quotes with Resistance & Support

Market Information

Intraday calls for 07-05-13

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

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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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CB Says:
May 7th, 2013
Posted at: 9:02 am
Hi Vishal, yes, can enter it.
shyam Says:
May 7th, 2013
Posted at: 9:02 am
How will SBI move todat sir In long
Vinit Says:
May 7th, 2013
Posted at: 9:02 am
ok... KArnataka Bank may open higher... in that case what to do?
CB Says:
May 7th, 2013
Posted at: 9:03 am
Hi shyam, can test 2245
Hi Vinit, dont enter if opens higher. wait for levels of 155-155.50
arjun Says:
May 7th, 2013
Posted at: 9:03 am
hi cb
holding tatamotors shorts at 290. exit at the opening or hold?
CB Says:
May 7th, 2013
Posted at: 9:04 am
Hi arjun, yes, exit at opening for now. shall re-enter on intraday rise.
K.V.LAXMI Says:
May 7th, 2013
Posted at: 9:04 am
cb sir, good morning...
CB Says:
May 7th, 2013
Posted at: 9:04 am
Hi K.V.LAXMI, Good morning.
CB Says:
May 7th, 2013
Posted at: 9:05 am
Hi Vishal, go with 160
Vinit Says:
May 7th, 2013
Posted at: 9:06 am
ok sir... thank u :)
Bhags Says:
May 7th, 2013
Posted at: 9:06 am
Hi CB Sir....what is your view on Rel cap today...?
vishal Says:
May 7th, 2013
Posted at: 9:07 am
will infosys ever reach 2700 again, i am willing to hold, pls advice, short term targets also.
CB Says:
May 7th, 2013
Posted at: 9:07 am
Hi Vinit, most welcome
Hi Bhags, has resistance near 386. can test it once.
CB Says:
May 7th, 2013
Posted at: 9:08 am
Hi vishal, yes, its fundamentally a strong bet. hold it for med term. technically has resistance at 2370 levels. above this can move higher.
vickys Says:
May 7th, 2013
Posted at: 9:08 am
Hi CB,
GM , Any view on DLF holding 1 lot @ 232.50. IPP will come around 210-220 rs soon in market. plz guide.
CB Says:
May 7th, 2013
Posted at: 9:09 am
Hi vickys, it has strong support at 228-230 levels. if manages to hold onto it, can see a bounce. below this can test 220