Quotes with Resistance & Support
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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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550 Responses

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Comment pages: 789101112131415Show all

  1. CB Says:
    May 11th, 2012
    Posted at: 10:57 am

    Hi SS, its at 53.54

    Hi ARCHANAREDDY, yes, seems so. lets see


  2. CB Says:
    May 11th, 2012
    Posted at: 10:58 am

    Hi Geetha, yes, can add in small quantity

    Hi Mohan, most welcome. no, not yet. lets wait till iip data is out

    Hi ARCHANAREDDY, no, new call yet.

    Hi SaiPalanivel, no, new call yet.


  3. rishu Says:
    May 11th, 2012
    Posted at: 10:58 am

    hi cb sir
    pls suggest on below share i m holding
    aurobido phrma @107 should sell/hold/add
    M&M @710 should sell/hold/add


  4. micky-intrday Says:
    May 11th, 2012
    Posted at: 10:59 am

    Hi SS, hmm that to can be scene lets see :) all i knw is waiting for upside lol


  5. CB Says:
    May 11th, 2012
    Posted at: 10:59 am

    Hi rishu, these are a hold for short/ med term. once markets improve, can add 10-12%


  6. ARCHANAREDDY Says:
    May 11th, 2012
    Posted at: 10:59 am

    Hi CB, CAN I ENTER ANY CIPLA ,BIOCON.RELIANCE,JP ASSOCIATE,SBIN....TELL ME NOW.....


  7. CB Says:
    May 11th, 2012
    Posted at: 11:00 am

    Hi ARCHANAREDDY, go with jp assoc n small quantity


  8. SaiPalanivel Says:
    May 11th, 2012
    Posted at: 11:01 am

    CB SIR, JPASSOCIATE SUPPORT AND RESISTANCE TODAY CLOSING LEVEL?


  9. micky-intrday Says:
    May 11th, 2012
    Posted at: 11:02 am

    Hi ss, i tuk the markets down


  10. CB Says:
    May 11th, 2012
    Posted at: 11:02 am

    Hi SaiPalanivel, has good support at 58-59


  11. Naran Says:
    May 11th, 2012
    Posted at: 11:02 am

    - 3.5 !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


  12. ARCHANAREDDY Says:
    May 11th, 2012
    Posted at: 11:02 am

    Hi CB, OK SIR TARGET PLZ.....


  13. Sohan Says:
    May 11th, 2012
    Posted at: 11:03 am

    Hello CB,

    Good morning to all.

    IIP numbes are shocker.

    what is next support for nifty. Do you think markets will over react.

    Sohan


  14. CB Says:
    May 11th, 2012
    Posted at: 11:04 am

    March IIP data at -3.5. Below market expectations.


  15. G Says:
    May 11th, 2012
    Posted at: 11:04 am

    wow cb, 4900PE made a high of 101.70.
    is it still a hold? what are the levels to exit?


  16. ARCHANAREDDY Says:
    May 11th, 2012
    Posted at: 11:05 am

    Hi CB, MARKET PRIZE.........SIR

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