Intraday calls for 10-05-13

Quotes with Resistance & Support

Market Information

Intraday calls for 10-05-13

Posted on: May 10th, 2013 at 8:28 am

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Markets likely to open flat. Resistance for nifty is at 6100 and support at 6010

Buy Reliance MediaWorks at 56.50, target: 59. Stoploss: 54.70 – (If entered Relmedia at opening near 57.50, book profit at 59.)

12.03pm – Sell Reliance infra at 405.50, target: 397. Stoploss: 412 – (Exit from Relinfra at 407.70)

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227 Responses

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azhar Says:
May 10th, 2013
Posted at: 8:46 am
Hi CB, OK thanks
CA.Tejas Says:
May 10th, 2013
Posted at: 8:47 am
Hi CB, Any other good scrip to buy from weeks point of time??
CB Says:
May 10th, 2013
Posted at: 8:47 am
Hi CA.Tejas, no, nothing new yet
Hi azhar, most welcome.
Vinit Says:
May 10th, 2013
Posted at: 8:50 am
ok...your view on wipro??
lokendra Says:
May 10th, 2013
Posted at: 8:52 am
good morning Sir, can i buy coal india, what is your view on it...?????
CB Says:
May 10th, 2013
Posted at: 8:52 am
Hi Vinit, it looks a bit weak below 360-365. dont enter it yet
Hi lokendra, Good morning. no, looks weak
lokendra Says:
May 10th, 2013
Posted at: 8:54 am
ok thanks sir...
CB Says:
May 10th, 2013
Posted at: 8:55 am
Hi lokendra, most welcome.
Vinit Says:
May 10th, 2013
Posted at: 8:55 am
ok...thank u sir, also i was thinking to go short on jswsteel at 700... ur view?
CB Says:
May 10th, 2013
Posted at: 8:57 am
Hi Vinit, has support at 695-700. dont go short on it yet.
Vinit Says:
May 10th, 2013
Posted at: 8:58 am
ok..thanks a lot :)
asked too many queries.. :P
CB Says:
May 10th, 2013
Posted at: 8:58 am
Hi Vishal, not sure how rcom's result will shape up. sun p is a hold for now. dont add more.
PK Says:
May 10th, 2013
Posted at: 8:58 am
Sir today IIP data will come, so if it is good Thn market will b up, bt if it's negative n didn't like markets Thn may b c downside....
K.V.LAXMI Says:
May 10th, 2013
Posted at: 8:59 am
cb sir,good morning...
can i enter SBI 2400 call?
thanks
CB Says:
May 10th, 2013
Posted at: 8:59 am
Hi Vinit, :) most welcome
Hi PK, yes. lets see how IIP numbers shape up. will take queue from it.
CB Says:
May 10th, 2013
Posted at: 8:59 am
Hi K.V.LAXMI, Good morning. no, not yet. strong resistance near 2320-2350