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

    Hi test, ok. can hold castrol. enter a 5000 pe to hedge

    Hi CAD, yes, can test 4970

    Hi ram, global markets too are trading lower as of now. dow futures are down by 70 points

    Hi VJ, can enter a pe. can see 4790


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

    Hi SS, its near 4950


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

    Hi CB Bought 100 qty. of castrol in intraday shall i hold or sell


  4. CB Says:
    May 8th, 2012
    Posted at: 3:12 pm

    Hi sandeep, if its cost to cost, exit for now. else can hold for 1-2 days.


  5. ARCHANAREDDY Says:
    May 8th, 2012
    Posted at: 3:13 pm

    ok mahesh........carry on.....best of luck....


  6. sdg Says:
    May 8th, 2012
    Posted at: 3:13 pm

    Hi CB, brought INFTY future @5078.. shall I exit now? I can hold it for a week.. any chance to get back to 5100?


  7. Rohit Says:
    May 8th, 2012
    Posted at: 3:13 pm

    Its bleeding red....


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

    hi CB, i have banknifty ce10000@150. now also most 50%down. can i hold..
    thanks


  9. Ram M Says:
    May 8th, 2012
    Posted at: 3:13 pm

    Cb sir, can I short Balrampur Chini Fut at cmp? SL & TGT plz


  10. ram Says:
    May 8th, 2012
    Posted at: 3:13 pm

    true, but india seems worst of the lot.................

    could there be a bounce tomorrow? in huge intraday loss....should i book or take a chance for tomorrow..............especially fintech....bought at 625 almost at day high, now at days low at 585, and jain irrigation @ 75


  11. Sush Says:
    May 8th, 2012
    Posted at: 3:14 pm

    Hi CB ! can I buy a PE

    Thnx


  12. ARCHANAREDDY Says:
    May 8th, 2012
    Posted at: 3:14 pm

    Hi CB, hi cb..castrol is 512.00/-...what can i do.....?


  13. shashi Says:
    May 8th, 2012
    Posted at: 3:14 pm

    hi cb sir GA........
    CAN I ENTER [email protected]
    plz....tell me...sir...


  14. ansh Says:
    May 8th, 2012
    Posted at: 3:15 pm

    hi,

    can i buy 5100call?


  15. ARCHANAREDDY Says:
    May 8th, 2012
    Posted at: 3:16 pm

    hi cb sir.....tell me sir.....cal buy cheyavachha.....?


  16. CB Says:
    May 8th, 2012
    Posted at: 3:17 pm

    Hi sdg, as of now seems may remain a bit weak. wuld advice to enter couple of 5000 puts for now

    Hi Naren, yes, try and exit on any bounce in a day or 2

    Hi Ram M, not yet. has support at 50 (200dma)

    Hi ram, yes, seeing quite a bit of selling pressure. hold these for a day or 2. possible see a small bounce

    Hi Sush, yes. can test 4970

    Hi ARCHANAREDDY, exit from it for now

    Hi shashi, no, dont enter a ce yet.

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