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. SAI Says:
    May 8th, 2012
    Posted at: 3:23 pm

    HI CB GA WHR IS THE NEXT SUPPORT. SHALL I ENTER A PE MISSED TODAY ALSO. LITTLE BUSY AT OFFICE


  2. CB Says:
    May 8th, 2012
    Posted at: 3:25 pm

    Hi divya, its a hold for now

    Hi vipul, as of now would advice to hedge with couple of 5000 puts

    Hi Ram M, most welcome

    Hi ARCHANAREDDY, no, not sure yet

    Hi SAI, has support near 4950. wait till tomorrow to enter a pe.


  3. ram Says:
    May 8th, 2012
    Posted at: 3:25 pm

    fintech gr8 recovery from day's low.............


  4. CB Says:
    May 8th, 2012
    Posted at: 3:26 pm

    Hi ram, yes..


  5. sara Says:
    May 8th, 2012
    Posted at: 3:26 pm

    CB can i enter Center Bank now ?


  6. CB Says:
    May 8th, 2012
    Posted at: 3:27 pm

    Hi sara, no, not yet.


  7. CB Says:
    May 8th, 2012
    Posted at: 3:28 pm

    Hi VJ, ok. sorry for the loss. hopefully will recover some in the pe.


  8. 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


  9. 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


  10. 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?


  11. rahul Says:
    May 8th, 2012
    Posted at: 3:32 pm

    hi kartik why market correct ?


  12. 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.


  13. ARCHANAREDDY Says:
    May 8th, 2012
    Posted at: 3:40 pm

    Hi CB, OK CB........


  14. shiva Says:
    May 8th, 2012
    Posted at: 3:41 pm

    can i short IRB tomorrow?


  15. CB Says:
    May 8th, 2012
    Posted at: 3:50 pm

    Hi shiva, not really sure. corrected quite a bit.


  16. 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?

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