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. Rahul Says:
    May 10th, 2012
    Posted at: 2:40 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


  2. sheeja Says:
    May 10th, 2012
    Posted at: 2:44 pm

    Dear CB

    Please check and reply back to my question asked @ 11:24 am

    Please tell, Over all how you read the position now? Should I cover the short in loss or wait few more days...


  3. Rise Says:
    May 10th, 2012
    Posted at: 3:01 pm

    cn i enter 4900 pe agn or shud wait???


  4. CB Says:
    May 10th, 2012
    Posted at: 3:04 pm

    Hi sheeja, hold it for 1-2 days. can see 113-115

    Hi Rahul, does look a bit weak below 700. dont enter it yet

    Hi VJ, hold for now. book near 541

    Hi samba, as of now looks a bit weak. dont etner it yet.


  5. CB Says:
    May 10th, 2012
    Posted at: 3:04 pm

    Hi Rise, enter tomorrow below 4950


  6. G Says:
    May 10th, 2012
    Posted at: 3:08 pm

    cb continue hold 4900pe??


  7. SS Says:
    May 10th, 2012
    Posted at: 3:08 pm

    Hi CB,
    I entered Jublient @ 1055. How its going to react post result ? Results are as per expectations. Can we some bounce or it's wise to exit ?


  8. sheeja Says:
    May 10th, 2012
    Posted at: 3:09 pm

    Dear CB,

    Thankyou very much.
    Do you see a correction in Hexaware? @ what levels I can cover my shorts?
    Please suggest me possible target and SL I should maintain.
    Shorted @ 115.


  9. CB Says:
    May 10th, 2012
    Posted at: 3:09 pm

    Hi G, yes

    Hi SS, below 1055 does look a bit weak. as of now hold it with sl at 4950 on nifty


  10. CB Says:
    May 10th, 2012
    Posted at: 3:10 pm

    Hi sheeja, most welcome. yes, selling pressure is likely to resume. has resistance near 123


  11. sdg Says:
    May 10th, 2012
    Posted at: 3:10 pm

    Hi CB, seems like you gave instruction to NIFTY to go towards 4900 :-) thanks for the call.. its in profit.. please let us know where to exit .. thanks again!


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

    Hi sdg, :) most welcome. lets hope for the best.


  13. Deepak Says:
    May 10th, 2012
    Posted at: 3:11 pm

    HI,

    Does EDUCOMP look weak?


  14. sheeja Says:
    May 10th, 2012
    Posted at: 3:11 pm

    Dear CB,

    Any CA you suggest in Nifty?
    keeping any SL....


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

    Hi Deepak, yes. below 170 looks weak


  16. CB Says:
    May 10th, 2012
    Posted at: 3:12 pm

    Hi sheeja, no, for now lets hold.

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