Quotes with Resistance & Support
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Intraday calls for 09-05-12

Posted on: May 9th, 2012 at 8:30 am

Markets likely to open flat. Support for nifty si at 4950 and resistance at 5110.

Buy Federal Bank at 407-408, target: 416. Stoploss: 401. – (Exit Federal bank at 405.50)

2.45pm – buy 4900 pe at 88.50, target: 110. Stoploss: 5010 (spot) – 1-2 day hold

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310 Responses

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  1. Protap Says:
    May 9th, 2012
    Posted at: 9:11 am

    BANKING STOCK


  2. CB Says:
    May 9th, 2012
    Posted at: 9:11 am

    Hi sudhir, result is good.. but if markets remain weak, may not do much on the upside


  3. CB Says:
    May 9th, 2012
    Posted at: 9:12 am

    Hi Protap, no, not yet. with bank nifty going weak, its best to wait.


  4. gaps Says:
    May 9th, 2012
    Posted at: 9:13 am

    Hi CB, can we expect a bounce in sintex and bgr ?


  5. micky-intrday Says:
    May 9th, 2012
    Posted at: 9:13 am

    cb can i short simens


  6. CB Says:
    May 9th, 2012
    Posted at: 9:14 am

    Hi gaps, bgr if holds onto 303, can see some bounce

    Hi micky-intrday, yes.


  7. Protap Says:
    May 9th, 2012
    Posted at: 9:14 am

    TITAN?


  8. abraham Says:
    May 9th, 2012
    Posted at: 9:14 am

    sir,

    any chance for a bounce to 5000 level on nifty before it sink to 4800 levels?


  9. Vasanth Says:
    May 9th, 2012
    Posted at: 9:15 am

    Hi CB,

    can i short Coal india??


  10. SK Says:
    May 9th, 2012
    Posted at: 9:15 am

    Axisbank today?


  11. CB Says:
    May 9th, 2012
    Posted at: 9:16 am

    Hi Protap, its a good buy above resistance of 252

    Hi abraham, yes, its likely

    Hi Vasanth, no, not yet. good support at 328


  12. CB Says:
    May 9th, 2012
    Posted at: 9:16 am

    Hi SK, seems may close near 977-980


  13. Siddharth Says:
    May 9th, 2012
    Posted at: 9:20 am

    Will Mahindra be bullish today


  14. MM Says:
    May 9th, 2012
    Posted at: 9:22 am

    HI CB SIR GM ,
    Where do you see NIFTY in the short ?


  15. G Says:
    May 9th, 2012
    Posted at: 9:22 am

    good morning, cb, what about bank nifty?


  16. sanzy Says:
    May 9th, 2012
    Posted at: 9:24 am

    Hindalco is down...i am holding at 118..
    should i exit

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