Intraday calls for 08-05-12

Quotes with Resistance & Support

Market Information

Intraday calls for 08-05-12

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

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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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ram Says:
May 8th, 2012
Posted at: 3:25 pm
fintech gr8 recovery from day's low.............
CB Says:
May 8th, 2012
Posted at: 3:26 pm
Hi ram, yes..
sara Says:
May 8th, 2012
Posted at: 3:26 pm
CB can i enter Center Bank now ?
CB Says:
May 8th, 2012
Posted at: 3:27 pm
Hi sara, no, not yet.
CB Says:
May 8th, 2012
Posted at: 3:28 pm
Hi VJ, ok. sorry for the loss. hopefully will recover some in the pe.
SAI Says:
May 8th, 2012
Posted at: 3:32 pm
HI CB OK THANKS.
HI VJ DID U NOTICED SBI IN LAST MINUTES. RS.17/- BOOKED IN SECONDS. I HV NOT ENTERED JUST WATCHED
maddy Says:
May 8th, 2012
Posted at: 3:32 pm
Hi CB,
What is the near term target for ARVMIL, Mcleod Russel, SPIC
can i enter at this time or wait.
Thanks
sdg Says:
May 8th, 2012
Posted at: 3:32 pm
Thanks CB. .could not place a buy order for PE today :-( Shall I enter PE tomorrow?
rahul Says:
May 8th, 2012
Posted at: 3:32 pm
hi kartik why market correct ?
CB Says:
May 8th, 2012
Posted at: 3:36 pm
Hi maddy, as of now its best to wait. seems can correct further
Hi sdg, ok..
Hi rahul, fii selling and overall weakness it seems.
ARCHANAREDDY Says:
May 8th, 2012
Posted at: 3:40 pm
Hi CB, OK CB........
shiva Says:
May 8th, 2012
Posted at: 3:41 pm
can i short IRB tomorrow?
CB Says:
May 8th, 2012
Posted at: 3:50 pm
Hi shiva, not really sure. corrected quite a bit.
Akash Says:
May 8th, 2012
Posted at: 3:59 pm
Hi CB, Market went down badly. Time to buy PE again? Or shud I continue to hold Titan?
raj Says:
May 8th, 2012
Posted at: 4:08 pm
cb,
Stuck badly in icici, dena bank and sbi + nifty pls suggest any recovery expected???
CB Says:
May 8th, 2012
Posted at: 4:15 pm
Hi Akash, for now hold titan
Hi raj, yes, bank nifty did give a negative breakout below 10000 levels. as of now would advice to exit 50% if nifty sees a small bounce tomorrow