Intraday calls for 10-05-12

Quotes with Resistance & Support

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Intraday calls for 10-05-12

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

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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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Dinesh Kumar Says:
May 10th, 2012
Posted at: 9:23 am
CB, havells was in Uptrend...
CB Says:
May 10th, 2012
Posted at: 9:23 am
Hi Dinesh Kumar, yes, some short covering it seems.
Sanchit Says:
May 10th, 2012
Posted at: 9:23 am
Market Showing upside. Cb sir, should I now short Havells at 548.50 or wait for it to reach 550 or 552?
CB Says:
May 10th, 2012
Posted at: 9:23 am
Hi Sanchit, not yet. wait for few more min
Rohit Says:
May 10th, 2012
Posted at: 9:24 am
Hi CB.. Havells is going up.. Do we short at cmp 555.65??
Rise Says:
May 10th, 2012
Posted at: 9:24 am
wat shud b stoplloss den...?... for 4900pe
SaiPalanivel Says:
May 10th, 2012
Posted at: 9:24 am
CB SIR,GM. CAN I ENTER 4900 PE CMP?
Dinesh Kumar Says:
May 10th, 2012
Posted at: 9:25 am
Huge loss in havells.. with in few minutes... this hattrick loss......
G Says:
May 10th, 2012
Posted at: 9:25 am
ok cb thanx a lot...if sbi is going to bounce in near term, then can i add some more 2200ce at 10???? it will help me lower my buying average na... or just wait and watch?
dak Says:
May 10th, 2012
Posted at: 9:25 am
CB, bank nifty rising - where's the resistance ? Can I short on rise and wait for 9200 levels ?
CB Says:
May 10th, 2012
Posted at: 9:25 am
Hi Rohit, not yet. lets wait
Hi Rise, selling pressure is likely to resume on rise. hold it
Hi SaiPalanivel, Good morning. yes
sunil Says:
May 10th, 2012
Posted at: 9:26 am
can i buy bombay dyeing @cmp?
CB Says:
May 10th, 2012
Posted at: 9:26 am
Hi G, for now lets wait till global markets improve
Hi dak, can short on a 40-50 point bounce.
CB Says:
May 10th, 2012
Posted at: 9:27 am
Hi sunil, no, looks a bit weak
sandeep Says:
May 10th, 2012
Posted at: 9:28 am
cb.................Can we buy RANBAXY 580 CALL for current series? Can it see levels close to 540 in the current series?
Sanchit Says:
May 10th, 2012
Posted at: 9:28 am
Oops..... Havells now at 555. Cb sir, please recommend some other stock for the day.