Quotes with Resistance & Support
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Intraday calls for 08-05-13

Posted on: May 8th, 2013 at 8:29 am

Markets likely to open higher. Resistance for nifty is at 6100.

Buy V-Guard Industries at 525, target: 538. Stoploss: 515 – (Book profit in V-Guard at 538)

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269 Responses

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Comment pages: 91011121314151617Show all

  1. cvrprakash Says:
    May 8th, 2013
    Posted at: 6:21 pm

    Dear CB,

    I am planning to enter Nifty 6000 PA tomorrow when nifty nears 6100.
    Can I proceed with this?

    Also suggest on DLF. I am long in this today after yday's rally. Seems today nothing much happened as expected. Please suggest.
    Thanks.


  2. cvrprakash Says:
    May 8th, 2013
    Posted at: 6:43 pm

    Hi manoj_sirohi,

    Buying Corp Bank is fine, how come you give sell call on ITC?
    Can you please explain.
    Thanks


  3. Kartik Says:
    May 8th, 2013
    Posted at: 7:24 pm

    Hi cvrprakash, hold DLF with a Sl at 232 (cash), its been trading in a narrow range lately, a nifty PE could be entered with a SL at 6110 (cash), wait for sometime before entring Corp Bank


  4. Vishal Says:
    May 8th, 2013
    Posted at: 7:53 pm

    Hi Kartik, Pls reply to my query if u can.


  5. Vishal Says:
    May 8th, 2013
    Posted at: 7:54 pm

    Hi Kartik, Lupin posted v good result or not?


  6. PK Says:
    May 8th, 2013
    Posted at: 8:48 pm

    US market trading positive
    Almost 0.58% up

    European also closed positive

    Will tomorow our markets also up


  7. Kartik Says:
    May 8th, 2013
    Posted at: 8:51 pm

    Hi Vishal, hold Lupin with a SL at 725 for a target of 740 in 1-2 days, keep a SL at 108 for Rcom and hold it, Lupin posted its results during market hours, http://economictimes.indiatimes.com/news/news-by-company/earnings/earnings-news/lupin-q4-surges-nearly-three-fold-to-rs-408-crore/articleshow/19948473.cms

    Hi PK, not likely, seems may open flat


  8. PK Says:
    May 8th, 2013
    Posted at: 9:26 pm

    Sir it is Thn which options to go for nifty


  9. Kartik Says:
    May 8th, 2013
    Posted at: 11:02 pm

    Hi PK, a Pe of 6000 can be entered with a Sl at 6120 (nifty faces strong resistance around 6100 lvls)


  10. ibull Says:
    May 8th, 2013
    Posted at: 11:16 pm

    Hi Kartik and CB, When do you guys plan to venture out into commodities in MCX. Or is it NSEGUIDE for the timebeing? I asked this question to you many days back and you said you would give it a thought. But sadly nothing concrete till date. Please do not get me wrong. I just want to know :)


  11. Prince Mayank Says:
    May 8th, 2013
    Posted at: 11:24 pm

    Hi Kartik, I have to square off my position in T+5 days and tonmorow is the last day ... am still strucked with HUL , SYNDICATE BANK , MT Educare , MM Finance
    Plz get me the sell order price for tommorow to exit ... i have to square off by tommorow itself


  12. Ashoka Says:
    May 8th, 2013
    Posted at: 11:59 pm

    Hi kartik sar tommorow nifty go up Dow Plz


  13. CB Says:
    May 9th, 2013
    Posted at: 1:24 am

    Hi ibull, :) ok. as of now not planned on it yet. hopefully will take some decision in next one month. lets hope for the best

    Hi Prince Mayank, I replied in the queries section

    Hi Ashoka, seems may open a bit higher. can test 6100


  14. pramod Says:
    May 9th, 2013
    Posted at: 8:23 am

    hi cb
    morning
    i hold sunpharma CE 1000 2 26.40, how u see it today,hold or exit
    and how u see DLF CE260, i hold @ 2.90, hold or exit today


  15. CB Says:
    May 9th, 2013
    Posted at: 8:25 am

    Hi pramod, Good morning. sun pharma is a hold for now. sl near 970. can test 1000 again. dlf is a hold. near strong support of 230. can see 242-245.

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