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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  1. Dinesh Kumar Says:
    May 11th, 2012
    Posted at: 12:25 pm

    thanks advance HOW UFLEX script looks.. wat is the target of UFLEX>.


  2. Rahul Says:
    May 11th, 2012
    Posted at: 12:26 pm

    which bank i have to buy central bank or indian overseas bank.


  3. CB Says:
    May 11th, 2012
    Posted at: 12:26 pm

    Hi micky-intrday, yes. lets see


    Hi Dinesh Kumar, its looking weak. dont enter it yet


  4. sdg Says:
    May 11th, 2012
    Posted at: 12:26 pm

    Hi CB, thanks for the PE call.. exited with profit and it helped to recover some loss too.. thanks a ton!


  5. VJ Says:
    May 11th, 2012
    Posted at: 12:26 pm

    hello CB, will axis ban hit the tgt of 1000 today itself .. or it is hold for 1-2 days ?


  6. Rahul Says:
    May 11th, 2012
    Posted at: 12:27 pm

    I have a NHPC @32 what should i do, average or sell at current level.


  7. pkr Says:
    May 11th, 2012
    Posted at: 12:27 pm

    Hi CB, Thank you..:-)


  8. CB Says:
    May 11th, 2012
    Posted at: 12:27 pm

    Hi Rahul, dont enter midcaps yet. go with axis of sbi for now

    Hi sdg, nice to hear that. most welcome.

    Hi VJ, if markets improve a bit as expected, can see it today, else on Monday


  9. rishu Says:
    May 11th, 2012
    Posted at: 12:29 pm

    hi sir
    pls suggest for nifty 5400 ce got at 19


  10. CB Says:
    May 11th, 2012
    Posted at: 12:29 pm

    Hi Rahul, dont add more of it yet. for now its a hold

    Hi pkr, most welcome.


  11. CB Says:
    May 11th, 2012
    Posted at: 12:29 pm

    Hi rishu, its a hold with sl at 4890 for now. possible see some bounce from here.


  12. sdg Says:
    May 11th, 2012
    Posted at: 12:30 pm

    Hi CB, Is Axis bank buy is for intraday or will have to wait for monday?


  13. CB Says:
    May 11th, 2012
    Posted at: 12:30 pm

    Hi sdg, likely to achieve in intraday


  14. Rahul Says:
    May 11th, 2012
    Posted at: 12:31 pm

    I have some share in my portfolio, the detail of the same are mentioned below:
    I can hold all the stock 3-4 years .

    DCHL @87
    SAIL @ 99
    Veer Energy@ 20
    RIL @ 900
    IFCI @ 50

    Please give your views with targets


  15. rishu Says:
    May 11th, 2012
    Posted at: 12:32 pm

    hi cb sir
    can we look to enter in jet airway at 303 level


  16. sdg Says:
    May 11th, 2012
    Posted at: 12:32 pm

    ok thanks a lot!

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