Quotes with Resistance & Support
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Intraday calls for 10-05-12

Posted on: May 10th, 2012 at 8:24 am

Markets likely to see a flat opening. Support for nifty is at 4950 and resistance is higher at 5060

Sell Havells India at 548-550, target: 539. Stoploss: 558

9.19am – Continue to hold 4900 pe.

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463 Responses

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  1. MM Says:
    May 10th, 2012
    Posted at: 12:13 pm

    THANK YOU SIR


  2. CB Says:
    May 10th, 2012
    Posted at: 12:13 pm

    Hi smarty, yes, sl at 558

    Hi MM, most welcome.


  3. ramesh Says:
    May 10th, 2012
    Posted at: 12:15 pm

    hi all,

    I am holding 1000 lanco infra@24.
    holding 50 kingfisher @40
    can i hold then to see any profit or both will be in loss only?

    waiting for your reply/


  4. CB Says:
    May 10th, 2012
    Posted at: 12:17 pm

    Hi ramesh, can look to avg litl on dips near 12 for now. kfa is a hold. dont add more yet


  5. pradip Says:
    May 10th, 2012
    Posted at: 12:18 pm

    HI CB,
    I THINK NIFTY WILL PROVE MOST OF US WRONG AND MOVE HIGHER?WATS UR VIEWS


  6. CB Says:
    May 10th, 2012
    Posted at: 12:19 pm

    Hi pradip, its possible. technically though seems a small bounce was expected. need to see if it manages to cross strong resistance at 5130 in near term or not


  7. Vivek Says:
    May 10th, 2012
    Posted at: 12:20 pm

    Hi CB, your view on HDIL plz... Its got belted to the core in the last 2-3 weeks... Can one go long to catch hold of a bounce back (Rs68-69) on this counter in the next 2-3 days?


  8. smarty Says:
    May 10th, 2012
    Posted at: 12:20 pm

    and 1 last thing ur opinion abt market ??plzzz ...is it right that market will be down ???bczz m watching it from morning n i think yes ??bt ur opinion will be the full n final...


  9. ARCHANAREDDY Says:
    May 10th, 2012
    Posted at: 12:20 pm

    Hi CB, ok sir.........any stocks for me......for intraday....?


  10. pradip Says:
    May 10th, 2012
    Posted at: 12:21 pm

    HI CB, WHERE DO U SEE EXPIRY TAKING PLACE?


  11. CB Says:
    May 10th, 2012
    Posted at: 12:21 pm

    Hi Vivek, oh ok. dont try to enter it now. on a bounce, can look to go short

    Hi smarty, yes, technically seems may fall in near term. as of now its possible it consolidates/ moves higher on short covering


  12. CB Says:
    May 10th, 2012
    Posted at: 12:21 pm

    Hi ARCHANAREDDY, no, not yet

    Hi pradip, around 4900


  13. CB Says:
    May 10th, 2012
    Posted at: 12:21 pm

    ill be back in 1hour.


  14. Rahul Says:
    May 10th, 2012
    Posted at: 12:26 pm

    Hi CB can i short Voltas


  15. Abhay Says:
    May 10th, 2012
    Posted at: 12:31 pm

    Want to Buy Reliance industries, what will be the best rate considering the KG Basin failure.... At what rate buying would be best... also confirm the holding time frame


  16. Sai Palanivel Says:
    May 10th, 2012
    Posted at: 12:36 pm

    HI CB SIR,NIFTY UP MOVE AFTER EUROPE MARKET OPEN. 4900 PE HOLD CONTINUE?

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