Quotes with Resistance & Support
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Intraday calls for 10-05-11

Posted on: May 10th, 2011 at 8:26 am

Markets likely to open flat, resistance for Nifty at 5620, support 5490

Buy Hindustan Zinc at 135, Target: 141, SL 131

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460 Responses

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  1. dilip Says:
    May 10th, 2011
    Posted at: 1:33 pm

    CB,

    I am holding 50 BOMBAY DYEING for the last 4 months @ 520
    What to do? Shall I wait OR book loss? :(


  2. CB Says:
    May 10th, 2011
    Posted at: 1:34 pm

    Hi Kumar, Good afternoon. hdil can see 154. axis around 1255. icici has resistance near 1100


  3. bapan Says:
    May 10th, 2011
    Posted at: 1:34 pm

    i had already do that sagar


  4. shiva Says:
    May 10th, 2011
    Posted at: 1:34 pm

    SKS in profit..hold till tomorrow or exit @ UC?


  5. CB Says:
    May 10th, 2011
    Posted at: 1:35 pm

    Hi dilip, hold it for med term. 2-3 months. fundamentally is good. will recover back.


  6. gopal Says:
    May 10th, 2011
    Posted at: 1:35 pm

    Cb sir
    Again i disturb yopu i shorted Petronet future @ 134.30/- for intraday now trading at 135.60 near strong resistance zone , shall i exit or hold for my buying price ,plz advice sir


  7. Kumar Says:
    May 10th, 2011
    Posted at: 1:35 pm

    Thanks CB .. that's Gr8 !!!


  8. CB Says:
    May 10th, 2011
    Posted at: 1:35 pm

    Hi shiva, book partial for now

    Hi Kumar, most welcome.


  9. CB Says:
    May 10th, 2011
    Posted at: 1:36 pm

    Hi gopal, yes, continue to hold onto the short for now. if possible hedge with a 140 call


  10. shiva Says:
    May 10th, 2011
    Posted at: 1:37 pm

    can i buy polaris s/w ?


  11. dilip Says:
    May 10th, 2011
    Posted at: 1:37 pm

    Thanks CB !
    BTW Shall I add more BOMBAY DYEING @ CMP??

    One more question - I am planning to buy IDBI, CENTRAL and Axis bank for long term (1-2 years)investment... will it be a wise decision to bet on these? and @ CMP?


  12. CB Says:
    May 10th, 2011
    Posted at: 1:38 pm

    Hi shiva, not sure yet

    Hi dilip, most welcome. no, dont add more of it yet. let nifty settle a bit. other 3 are good bets for long term. enter them on a 5-7% dip


  13. CB Says:
    May 10th, 2011
    Posted at: 1:39 pm

    ill be back in some time.


  14. raj gupta Says:
    May 10th, 2011
    Posted at: 1:39 pm

    Sir if petrol, diesel and gas prices hike then what may be the impact on market ? will go up or down in that condition ?


  15. Vivek Shah Says:
    May 10th, 2011
    Posted at: 1:39 pm

    S&P cuts Greece ratings to B, this is negative factor for market...


  16. rahul Says:
    May 10th, 2011
    Posted at: 1:40 pm

    Thanku CB sir for ur reply about SKS and BF..... yes, shall book part profits....

    one last scrip advice for today........ Onmobile..... bought @ 129, it went upto 134 give me very decent profits which i didn't take.... now 111....... should i average at this point, which way will it move in the coming sessions?

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