Quotes with Resistance & Support
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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. Akash Says:
    May 8th, 2012
    Posted at: 8:42 am

    Hi CB, GM. Is it time to buy CE again? I am holding KPIT at 103 and now it is at 117+. Shud I continue to hold in today's trade for target 130+ or buy something else?


  2. CB Says:
    May 8th, 2012
    Posted at: 8:43 am

    Hi vasanth, if trades above 225 for few min after opening, can see 231

    Hi Subin, can test 119.50-120


  3. CB Says:
    May 8th, 2012
    Posted at: 8:44 am

    Hi Akash, Good morning. book in kpit on bounce today. don't enter a ce yet.


  4. shame Says:
    May 8th, 2012
    Posted at: 8:44 am

    HAI CB good morning

    i am still holding AXIS BANK 1100CE=14
    SBIN CE =31.70
    shall i hold it


  5. ramesh Says:
    May 8th, 2012
    Posted at: 8:45 am

    hhi cb vgm have a nice day


  6. STRANGER Says:
    May 8th, 2012
    Posted at: 8:46 am

    can i short vip industries @ 98 ...


  7. Dinesh Kumar Says:
    May 8th, 2012
    Posted at: 8:46 am

    How many qunatity recommended to enter today intraday call.


  8. CB Says:
    May 8th, 2012
    Posted at: 8:47 am

    Hi shame, Good morning. yes, hold for now. seems could see some more bounce from here

    Hi ramesh, Good morning. you too have a good day

    Hi STRANGER, no, not yet. its near support levels

    Hi Dinesh Kumar, go with avg quantity.


  9. divya Says:
    May 8th, 2012
    Posted at: 8:48 am

    can i enter TCS 1300CE and TataMotors320CE at the opening...


  10. CB Says:
    May 8th, 2012
    Posted at: 8:48 am

    Hi divya, go with tata motors ce above 310


  11. Anita Says:
    May 8th, 2012
    Posted at: 8:49 am

    Sir how does bhel and adani enterprise look for a 4-6 mths holding period


  12. sanzy Says:
    May 8th, 2012
    Posted at: 8:49 am

    GM CB/Kartik

    shall i consider going long in BankNifty at the opening after a bit consolidation


  13. CB Says:
    May 8th, 2012
    Posted at: 8:50 am

    Hi Anita, these are good long term bets. can look to add few on dips. can add 25-30%

    Hi sanzy, no, not yet. faces strong resistance near 9980-10000


  14. STRANGER Says:
    May 8th, 2012
    Posted at: 8:53 am

    can i enter r com ...???


  15. CB Says:
    May 8th, 2012
    Posted at: 8:54 am

    Hi STRANGER, no, not sure yet.


  16. sheeja Says:
    May 8th, 2012
    Posted at: 8:54 am

    Dear CB,

    How you read HCL Tech?
    Can I buy its 480 PA today @ CMP?
    Please tell.... Thanks

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