Quotes with Resistance & Support
Market Information

Intraday calls for 08-05-14

Posted on: May 8th, 2014 at 8:24 am

Markets likely to open slightly higher. Resistance for nifty is at 6760 and support at 6640

Buy JSW Holdings at 632, target: 647. Stoploss: 622 – (SL triggered in JSW holdings)

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371 Responses

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  1. CB Says:
    May 8th, 2014
    Posted at: 12:32 pm

    Hi jessi, no, keep sl at 622

    Hi sham, its a hold.


  2. CB Says:
    May 8th, 2014
    Posted at: 12:33 pm

    Hi hemanth, most welcome.


  3. sanzy Says:
    May 8th, 2014
    Posted at: 12:33 pm

    CB sir,

    pls give your opinion on USL..
    its not at all moving..staying in a narrow range of 15-20 points from almost 8 trading sessions..
    can it move higher or break down soon


  4. CB Says:
    May 8th, 2014
    Posted at: 12:33 pm

    Hi sanzy, its a hold for now. keep strict sl at 2750


  5. CB Says:
    May 8th, 2014
    Posted at: 12:33 pm

    ill be back in 1 hour.


  6. DS Says:
    May 8th, 2014
    Posted at: 12:35 pm

    Hi Robotguy,

    Thats right...had shorted two lots @ 948 and one more @ 968 remember...got forcibly squared off at 992....I used to get T+4 days....maybe because I couldnt trade yesterday perhaps it got squared off...major hit...took all the profits of April away in just one trade.


  7. Robotguy Says:
    May 8th, 2014
    Posted at: 12:45 pm

    Hi DS, Cannot blame them also, they squarred off because u did not have enough margin....but atleast they shd have the courtesy to call / inform you...


  8. Rojes Says:
    May 8th, 2014
    Posted at: 12:46 pm

    Hi rkb,
    Good afternoon.


  9. rkb Says:
    May 8th, 2014
    Posted at: 12:47 pm

    Hi Robotguy, how r u


  10. ibull Says:
    May 8th, 2014
    Posted at: 12:50 pm

    Hi CB,DS,RG, All, Good afternoon


  11. rkb Says:
    May 8th, 2014
    Posted at: 12:51 pm

    Hi ibull, good afternoon


  12. jessi Says:
    May 8th, 2014
    Posted at: 12:53 pm

    thanks sir


  13. rkb Says:
    May 8th, 2014
    Posted at: 12:53 pm

    Hi Rojes, how is trade going on


  14. ibull Says:
    May 8th, 2014
    Posted at: 12:54 pm

    Hi rkb, good afternoon


  15. Rojes Says:
    May 8th, 2014
    Posted at: 12:56 pm

    Hi DS,
    Thats bad news.... big loss.... market takes but also gives back in bigger way.. :-)
    I had suggested to exit at cost when it fell to 960.... I always try to get out from a loss making position as soon as the cost price is reached...because no profit is always better than loss....of course, I also loose many opportunities by doing this..... this I do in cash segment...in F & O I think it is not that easy.


  16. ibull Says:
    May 8th, 2014
    Posted at: 12:56 pm

    tomorrow is result of union bank. look at the freefall now. something known to insiders?

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