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. sunil Says:
    May 8th, 2012
    Posted at: 6:00 pm

    hi, sir can i buy gold 28750


  2. Jesi Says:
    May 8th, 2012
    Posted at: 6:18 pm

    Helo Sir
    holding ivrcl 55 put at 2.50 paisa.today nifty huge red.ivrcl green.i book loss or hold Sir?


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

    Hi Mahesh, thanks for your kind comments.

    Hi Durai, as of now would advice to hedge with couple of 4900 puts. lets see how US markets close today. overall does look a bit weak

    Hi shiva, sorry to hear that.. this one was a disaster.

    Hi sunil, yes.

    Hi Jesi, its a hold. below 59. hold it. can see 55-55.50 in a day or 2.


  4. Divyesh Says:
    May 8th, 2012
    Posted at: 6:28 pm

    Hi CB, This is Telugu


  5. Pushp14660 Says:
    May 8th, 2012
    Posted at: 6:29 pm

    HI C.b, waiting for your response to my query!!!!!!!!!!!!


  6. CB Says:
    May 8th, 2012
    Posted at: 6:29 pm

    Hi Divyesh, :) ok

    Hi Pushp14660, sorry! long time.. hope you are doing well? sure, on dips can look to add coal India, DCB and Ril ind. these are good bets.


  7. Divyesh Says:
    May 8th, 2012
    Posted at: 6:32 pm

    Hi I am still holding the ambujacement


  8. CB Says:
    May 8th, 2012
    Posted at: 6:38 pm

    Hi Divyesh, ok. will need to add few more on dips to avg once markets settle. hold for now.


  9. bk Says:
    May 8th, 2012
    Posted at: 6:59 pm

    Dear CB,

    Good Evening.

    Tatamotors Fut... am holding at 308.6... will it come tomorrow. otherwise i have to book loss due to non availability of margin amount.
    please advise..


  10. pareshdoshi Says:
    May 8th, 2012
    Posted at: 7:01 pm

    hi cb,any comment on ivrclinfra?


  11. Sakshi Says:
    May 8th, 2012
    Posted at: 7:01 pm

    Hi holding ICICI bank 880 call two lots @ 10.89 current 8.9, wat to do??


  12. pareshdoshi Says:
    May 8th, 2012
    Posted at: 7:04 pm

    hi cb,wockhardt can test 710?


  13. shiva Says:
    May 8th, 2012
    Posted at: 7:11 pm

    u tell me cb sir is it right or not ...?????


  14. Pushp14660 Says:
    May 8th, 2012
    Posted at: 7:31 pm

    Thanks..Ya i know...actually i lost around 1L so went to earn again and now come back with little amount.

    hope can earn now!


  15. CB Says:
    May 8th, 2012
    Posted at: 7:38 pm

    Hi bk, if possible hedge with a 290 pe for now. as of now seems markets may open a bit weak tomorrow

    Hi pareshdoshi,its looking weak below 59 dont enter it yet

    Hi Sakshi, does have strong resistance near 855. as of now would advice to exit on any bounce

    Hi pareshdoshi, yes, its in a long term uptrend. hold onto it for now.

    Hi shiva, yes. we cannot guarantee returns in markets. also cannot invest all money in one stock. I too faced loss in sel. after buying the stock, promoters began to sell their shares.. these are unforeseen circumstances and we cannot really do much about it. we have seen such issues happen with quality stocks like satyam and others too.

    Hi Pushp14660, ok. hoepfully will recover it soon


  16. sanzy Says:
    May 8th, 2012
    Posted at: 7:42 pm

    your views on Hindalco...
    i am holding 120CE at 4.50

    pls suggest should i hold or exit tomorrow...

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