Intraday calls for 11-05-12

Quotes with Resistance & Support

Market Information

Intraday calls for 11-05-12

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

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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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Kb Trader Says:
May 11th, 2012
Posted at: 12:15 pm
Hi CB, good call .. :)
CAD Says:
May 11th, 2012
Posted at: 12:16 pm
can i buy 1000CE of Axis bank?
CB Says:
May 11th, 2012
Posted at: 12:16 pm
Hi Kb Trader, thanks. .
Hi CAD, yes.
micky-intrday Says:
May 11th, 2012
Posted at: 12:16 pm
Hi CB, thnks and jsw closing will it see 635 bought at 626
CB Says:
May 11th, 2012
Posted at: 12:17 pm
Hi micky-intrday, yes. hold for now
Abhi Says:
May 11th, 2012
Posted at: 12:17 pm
Hi CB Good Afternoon!!! Can i enter TataGlobal @ CMP?
CB Says:
May 11th, 2012
Posted at: 12:18 pm
Hi Abhi, Good afternoon. yes, can add in small quantity
cvrprakash Says:
May 11th, 2012
Posted at: 12:19 pm
Dear CB,
Either today or for next week.
can we expect a small bounce in Nifty.. atleats to near 4980...
Possible?
Can I buy a 5000 CA @ some low price. Keeping 4880 as SL?
pkr Says:
May 11th, 2012
Posted at: 12:20 pm
Hi CB, please let me know wat to do bout power grid i sold it for 101.65
micky-intrday Says:
May 11th, 2012
Posted at: 12:20 pm
Hi CB, hmmmcb can voltas see 109 ? and hwz tata steel looking for long from here aboe 41 6
Abhi Says:
May 11th, 2012
Posted at: 12:21 pm
Thanks CB!!!
bk Says:
May 11th, 2012
Posted at: 12:21 pm
HI, Cb
please suggest me on asok leylland buy at 27.6
Dinesh Kumar Says:
May 11th, 2012
Posted at: 12:22 pm
CB,, what about target of TATA stell
CB Says:
May 11th, 2012
Posted at: 12:23 pm
Hi cvrprakash, yes, keep sl near 4890
Hi pkr, its a hold with sl at 102.40 for now. also can buy some of axis bank here

Hi micky-intrday, tata steel can add 5-7rs. not sure of voltas
Hi Abhi, most welcome
Hi bk, its a hold for short term. can see 32 again.
CB Says:
May 11th, 2012
Posted at: 12:23 pm
Hi Dinesh Kumar, can test 419
micky-intrday Says:
May 11th, 2012
Posted at: 12:25 pm
Hi CB, thanks a lot cb seems like markets will recover atleast give a small positive taste :)