Quotes with Resistance & Support
Market Information

Intraday calls for 08-05-12

Posted on: May 8th, 2012 at 8:30 am

Markets likely to open flat. Resistance for nifty is at 5180 and support at 5070

Buy Castrol India at 510, target: 522. Stoploss: 502 – (If entered Castrol, exit at 511)

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379 Responses

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Comment pages: 141516171819202122Show all

  1. Naran Says:
    May 8th, 2012
    Posted at: 2:44 pm

    psu banks publishing bad results.....ASSET QUALITY WORRYING!!!!!!!!!!!!
    CENTRAL BANK ANNOUNCED NET LOSS VS NET PROFIT.


  2. ARCHANAREDDY Says:
    May 8th, 2012
    Posted at: 2:49 pm

    hi cb afternoon.........


  3. ARCHANAREDDY Says:
    May 8th, 2012
    Posted at: 2:50 pm

    Hi Dinesh Kumar, hi dinesh afternoon........
    how is going ur trading.......?


  4. CAD Says:
    May 8th, 2012
    Posted at: 2:51 pm

    hey cb ... is market oversold?
    what is the problem?


  5. Mahesh Says:
    May 8th, 2012
    Posted at: 2:55 pm

    Hai CB Sir, Can i enter 5000 put ?


  6. ARCHANAREDDY Says:
    May 8th, 2012
    Posted at: 2:58 pm

    Hi Mahesh, no not yet...........


  7. ARCHANAREDDY Says:
    May 8th, 2012
    Posted at: 2:59 pm

    Hi Mahesh, because.......flat global queues and weak IT sector


  8. CB Says:
    May 8th, 2012
    Posted at: 3:04 pm

    Hi Mahesh, yes

    Hi CAD, technically does look weak. dont enter longs yet

    Hi ARCHANAREDDY, Good afternoon

    Hi Navneet, no, not yet.


  9. Mahesh Says:
    May 8th, 2012
    Posted at: 3:05 pm

    No Archana
    5030 cut aite 4950 touch avutundi... andukani..


  10. Sai Palanivel Says:
    May 8th, 2012
    Posted at: 3:06 pm

    Hi CB sir, I have JP @ 68, any possible for bounce? please advise.


  11. CB Says:
    May 8th, 2012
    Posted at: 3:06 pm

    Hi Sai Palanivel, would advice to hedge with a 60 pe for now. seems can test 61 if markets remain weak


  12. test Says:
    May 8th, 2012
    Posted at: 3:08 pm

    can itake nifty put now...also holding castrol at 517..shall iexit or hold tomw?


  13. CAD Says:
    May 8th, 2012
    Posted at: 3:09 pm

    can i enter nifty pe?


  14. ram Says:
    May 8th, 2012
    Posted at: 3:10 pm

    Hi CB

    why only indian market is getting beaten down like this? is it just bec of the dollar or any other bigger negative news doing rounds?


  15. VJ Says:
    May 8th, 2012
    Posted at: 3:10 pm

    hello CB sir, can i buy nifty call or put ?


  16. SS Says:
    May 8th, 2012
    Posted at: 3:10 pm

    Hi CB,
    where is support spot?

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