Quotes with Resistance & Support
Market Information

Intraday calls for 11-05-12

Posted on: May 11th, 2012 at 8:30 am

Markets likely to open slightly lower. Support for nifty is at 4940.

Sell United Phosphorus at 120-120.50, target: 116. Stoploss: 124 – (Book profit at 116.20)

11.42am – Book profit in 4900 pe at 103

12.08pm -Buy Axis bank at 981, target: 1000. Stoploss: 968 – (Book profit in Axis bank at 997)

1.38pm – Buy Jindal Steel and power at 459, target: 474. Stoploss: 449 (1-2 day hold)

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  1. cvrprakash Says:
    May 11th, 2012
    Posted at: 8:33 am

    Dear CB,

    Good Morning. Have a great day. :-)

    Can I enter IVRCL 50 PA @ 1.5 - 1.6
    Keeping a SL @ 57 on closing basis?

    Worth Entering?


  2. CB Says:
    May 11th, 2012
    Posted at: 8:34 am

    Hi cvrprakash, Good morning.. you too have a good day. ivrcl does have some support at 51-52. dont enter its pe yet.


  3. Chinta Says:
    May 11th, 2012
    Posted at: 8:36 am

    GM CB. Can i enter manapuram fin. For short term?


  4. CB Says:
    May 11th, 2012
    Posted at: 8:37 am

    Hi Chinta, Good morning. no, looks weak. don't enter it yet.


  5. SS Says:
    May 11th, 2012
    Posted at: 8:38 am

    Hi CB,
    Good Morning, Do you see some upside on cairn & Jublient ?


  6. santosh Says:
    May 11th, 2012
    Posted at: 8:39 am

    hi cb for today in options of nifty or any stocks for intraday


  7. raveendra icici bank 900 call at 7.8 buy last weak what i do? Says:
    May 11th, 2012
    Posted at: 8:41 am

    hi icici bank 900 call at 7.8 buy last weak what i do?

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