Intraday calls for 11-05-12
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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CB Says:
May 11th, 2012
Posted at: 12:32 pm
Hi Rahul, yes, these are fundamentally strong bets. will give good returns.
CB Says:
May 11th, 2012
Posted at: 12:33 pm
Hi rishu, not yet. enter lower near 295
Hi sdg, most welcome.
Siddharth Says:
May 11th, 2012
Posted at: 12:34 pm
can i buy m&m at current cmp of 647
NEW2NIFTY Says:
May 11th, 2012
Posted at: 12:34 pm
HI CB, GM ANY FRESH ENTRY
CB Says:
May 11th, 2012
Posted at: 12:35 pm
Hi Siddharth, no, looks weak below 655
Siddharth Says:
May 11th, 2012
Posted at: 12:36 pm
Thanks CB, any other equity to enter right now?
CB Says:
May 11th, 2012
Posted at: 12:37 pm
Hi Siddharth, can look to buy some of axis bank
CB Says:
May 11th, 2012
Posted at: 12:37 pm
ill be back in 1 hour.
G Says:
May 11th, 2012
Posted at: 12:37 pm
cb, can i enter sbi CE now? if yes then plz suggest which series...
micky-intrday Says:
May 11th, 2012
Posted at: 12:45 pm
for sure recovery of markets today hold your longs :)
rahul Says:
May 11th, 2012
Posted at: 12:57 pm
bank stocks seems some buying interest today so market ll hold here and bounce on monday
Uniyal Says:
May 11th, 2012
Posted at: 1:07 pm
Dont think that market will recover today... Looks impossible yet, because european open in red, dow future in red, no good new yet in market.
Durai Says:
May 11th, 2012
Posted at: 1:10 pm
Hi CB,
Are we expecting Gold price to go up?
samba Says:
May 11th, 2012
Posted at: 1:17 pm
hi CB,
Whats the view on Suzlon ....is it right time to opt for this stock...
CB Says:
May 11th, 2012
Posted at: 1:19 pm
Hi Durai, yes. can add 3-5%
Hi Uniyal, yes. lets see. technically a small bounce is expected
Hi G, go with cash in small quantity for now.
CB Says:
May 11th, 2012
Posted at: 1:19 pm
Hi samba, no, it looks weak. don't enter it yet.