Quotes with Resistance & Support
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Intraday calls for 11-05-11

Posted on: May 11th, 2011 at 8:27 am

Markets likely to open flat, resistance for Nifty at 5620, support 5490

Buy United Breweries Ltd at 538, Target: 548, SL 530 – (book profit at 560)

9: 40am: Buy Kajaria Ceramics at 91.20, Target: 96-97 (hold for 1-2 days), SL 87 (buy in small quantity)

10.27am – buy nifty 5600 call at 58.50, target: 72. Stoploss: 5500

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492 Responses

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  1. amish Says:
    May 11th, 2011
    Posted at: 1:27 pm

    can i buy renuka sugar?


  2. CB Says:
    May 11th, 2011
    Posted at: 1:29 pm

    Hi himanshu, buy some of kajaria. no other call yet

    Hi mani, try nse code UBL

    Hi AT, continue to hold for now. keep sl at 5500 for put

    Hi amish, seems can head upto 310

    Hi dhiva, hold them. keep sl at 5500 for call. as of now seems nifty can add some

    Hi Vivek Shah, yes

    Hi Romit, Good afternoon. yes, book 50% profit for now. has resistance near 210-214.


  3. CB Says:
    May 11th, 2011
    Posted at: 1:29 pm

    Hi amish, no, looks weak below 66.


  4. Ary Says:
    May 11th, 2011
    Posted at: 1:32 pm

    Hi,

    I am holding 5500 PE; please suggest


  5. CB Says:
    May 11th, 2011
    Posted at: 1:33 pm

    Hi Ary, for now would advice to exit from the pe. enter once nifty breaks 5500


  6. Ary Says:
    May 11th, 2011
    Posted at: 1:33 pm

    Okay, thanks!


  7. CB Says:
    May 11th, 2011
    Posted at: 1:33 pm

    Hi Ary, most welcome.


  8. SAI Says:
    May 11th, 2011
    Posted at: 1:33 pm

    HI CB WHEN TO BOOK ON CALL


  9. CB Says:
    May 11th, 2011
    Posted at: 1:34 pm

    Hi SAI, shall book above 70


  10. Das Says:
    May 11th, 2011
    Posted at: 1:35 pm

    what is the resistance level of SBI and DLF today?


  11. CB Says:
    May 11th, 2011
    Posted at: 1:35 pm

    Hi Das, not sure of sbin yet. dlf around 230


  12. AT Says:
    May 11th, 2011
    Posted at: 1:35 pm

    Thanks CB....
    i guess u mean to say 5500 for call............
    Also, shall i exit from 5500 pe???


  13. gopal Says:
    May 11th, 2011
    Posted at: 1:36 pm

    CB sir

    i shorted Sunpharma future @ 432/-for intraday only now trading at 435/- range what to do


  14. CB Says:
    May 11th, 2011
    Posted at: 1:36 pm

    Hi AT, yes. from pe need to exit and enter again below 5500. as of now seems nifty can test 5600


  15. CB Says:
    May 11th, 2011
    Posted at: 1:37 pm

    Hi gopal, hold it. does look weak. can see 325 in 1-2 days.


  16. Romit Says:
    May 11th, 2011
    Posted at: 1:37 pm

    Hi CB/KB/Godse/Kartik/Yogi Sir,

    ITC bought at 144 currently at 186..

    Should i book profit or Hold??

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