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. Irshu Says:
    May 10th, 2012
    Posted at: 8:57 am

    Hi gm..escort result today...wht is the expectation


  2. CB Says:
    May 10th, 2012
    Posted at: 8:58 am

    Hi Amey, its a hold with sl at 1245. on the downside can test 1180 if markets reman weak


  3. CB Says:
    May 10th, 2012
    Posted at: 8:59 am

    Hi sona, as of now does look a bit weak. guess will need to hold it a bit longer. a short covering bounce could come in soon

    Hi Irshu, no, not sure about it yet.


  4. vindi Says:
    May 10th, 2012
    Posted at: 8:59 am

    hello
    may i know the buy levels of delta corp


  5. sanzy Says:
    May 10th, 2012
    Posted at: 8:59 am

    thanks CB


  6. CB Says:
    May 10th, 2012
    Posted at: 9:00 am

    Hi vindi, as of now has support at 51 levels. if breaks this can test 47


  7. CB Says:
    May 10th, 2012
    Posted at: 9:00 am

    Hi sanzy, most welcome.


  8. dak Says:
    May 10th, 2012
    Posted at: 9:01 am

    CB, GM. huge loss in nifty futures - had bought at 5267 and was away on vacation last week :-( when should I square off now ? (can hold till expiry if required)


  9. MURUGAN Says:
    May 10th, 2012
    Posted at: 9:03 am

    cb pl. tell me can i enter jindal south west holding for long term or 3 months time


  10. kamal Says:
    May 10th, 2012
    Posted at: 9:04 am

    hi cb tatamtdvr can see some bounce today


  11. CB Says:
    May 10th, 2012
    Posted at: 9:04 am

    Hi dak, Good morning. ok. will need to avg it on dips. for now enter couple of 4900 puts to hedge

    Hi MURUGAN, no, its in a downtrend as of now.


  12. Sandhu Says:
    May 10th, 2012
    Posted at: 9:05 am

    Hi CB, Good Morning, If nifty breaks 4950, which is the next strong level to start buy


  13. CB Says:
    May 10th, 2012
    Posted at: 9:05 am

    Hi kamal, can test 159

    Hi Sandhu, Good morning, below this could test 4880


  14. abab Says:
    May 10th, 2012
    Posted at: 9:06 am

    cb i have state bank of india @2154 can i avg it nowor some more down side is still left in it


  15. shawww Says:
    May 10th, 2012
    Posted at: 9:07 am

    Shd I buy Jubiliant Foodworks CE 1100 today for intraday?


  16. CB Says:
    May 10th, 2012
    Posted at: 9:08 am

    Hi abab, wait for another 2-3 days to avg it. as of now markets do look a bit weak

    Hi shawww, yes, strict sl at 1055

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