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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sandeep Says:
May 10th, 2013
Posted at: 9:32 am
cb.........ideal price for shorting jubliant foodworks and wats the target one can expect in current series on the down side?
CB Says:
May 10th, 2013
Posted at: 9:33 am
Hi sandeep, around 1015 or below 1000. can test 970
CB Says:
May 10th, 2013
Posted at: 9:34 am
Hi Vishal, nothing new yet.
CB Says:
May 10th, 2013
Posted at: 9:34 am
ill be back in 30 min
airbites Says:
May 10th, 2013
Posted at: 9:35 am
Having Rcom for a very long term and my buying price Rs. 20.
So when should be the best time to Exit all and at what price... Plz advise
Midhun Says:
May 10th, 2013
Posted at: 9:37 am
Hi..Good Morning.
Do you know at what time the IIP numbers will be out ?
Vishal Says:
May 10th, 2013
Posted at: 9:47 am
Hi airbites, As far as I know, it never saw 20. But anyway, how many you bought at 20? If bought say 100, then jst sell 50 and keep rest 50 forever. With the economy, some day itmay see 800+ again in few years.
pavi Says:
May 10th, 2013
Posted at: 9:48 am
if IIP data comes good then will that help market to go up???
CBT Says:
May 10th, 2013
Posted at: 9:53 am
Hi CB / kartik
Can i buy nifty at current levels
smh Says:
May 10th, 2013
Posted at: 9:59 am
cb/kartik your view on axis bank please
CB Says:
May 10th, 2013
Posted at: 10:14 am
Hi smh, if breaks support at 1450 can test 1420
Hi CBT, no, not yet. resistance near 6100
Hi pavi, if its positive, then can test 6100
Hi Midhun, good morning.its at 11am
Hi airbites, yes, best to continue to hold onto it. if it breaks 100, book partial profit.
CB Says:
May 10th, 2013
Posted at: 10:16 am
Hi Vishal, no, not yet.
j k nambiar Says:
May 10th, 2013
Posted at: 10:18 am
good morning and happy trading to all here.
vijayk Says:
May 10th, 2013
Posted at: 10:19 am
CB..is it good to do nifty straddle...of 6000PE and 6100CE>?
CB Says:
May 10th, 2013
Posted at: 10:19 am
Hi j k nambiar, Good morning. Wish you the same..
Hi vijayk, no, not yet. lets wait for a breakout below 6010 or above 6100
smh Says:
May 10th, 2013
Posted at: 10:22 am
cb/kartik your view on axis bank please can we go long or short