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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550 Responses

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  1. Santy Says:
    May 11th, 2012
    Posted at: 1:23 pm

    Hi CB, What is range for SBI for next two weeks


  2. CB Says:
    May 11th, 2012
    Posted at: 1:23 pm

    Hi Santy, can test 1880


  3. raja Says:
    May 11th, 2012
    Posted at: 1:24 pm

    Hi CB, Thank you. booked axisbank at 994, 12 rupees profit.


  4. Santy Says:
    May 11th, 2012
    Posted at: 1:24 pm

    Are we going toward 4700


  5. rahul Says:
    May 11th, 2012
    Posted at: 1:24 pm

    hi cb can i enter nifty call with stop loss of 4900 little worried in rediff money many analyst gave sell call


  6. CB Says:
    May 11th, 2012
    Posted at: 1:25 pm

    Hi raja, nice..

    Hi Santy, as of now seems could see some bounce. selling pressure is likely to resume on rise near 4980-5000

    Hi rahul, yes. can enter a long.


  7. J Says:
    May 11th, 2012
    Posted at: 1:26 pm

    Hi CB, can go for 5000CE ?


  8. CB Says:
    May 11th, 2012
    Posted at: 1:26 pm

    Hi J, yes.


  9. rishu Says:
    May 11th, 2012
    Posted at: 1:27 pm

    Hi CB SIR need extended help
    i got stuc with below stock amt is decrease pls suggest which to sell and hold

    Stock Qty @
    BAJAJHINDLTD 35 35.56
    BHARTI ARTL 10 388.89
    BHARTI ARTL 10 343.34
    BHARTI ARTL 5 327.32
    GUJARA NRE C 75 24.21
    IDEA CELL 18 95.93
    JAIPRAK ASSO 15 80.46
    JSW SL 8 808.12
    KARUTURI GLO 100 5.36
    KWALITY DAIRY INDIA LTD 30 40.88
    LANCO INFRA 30 18.88
    MOIL LIMITED 10 261.17
    ONG CORP LTD 10 282.26
    TATA POWER 10 121.85
    TATA TELESRV 100 15.92


  10. CB Says:
    May 11th, 2012
    Posted at: 1:27 pm

    Hi rishu, these are fundamentally good bets. would advice to hold these for a little longer time frame.. 4-7 months. will give decent returns.


  11. Kb Trader Says:
    May 11th, 2012
    Posted at: 1:28 pm

    Hi raja, very nice

    Hi CB, :DDDDDDDDD


  12. CB Says:
    May 11th, 2012
    Posted at: 1:28 pm

    Hi Kb Trader, whats up?


  13. Kb Trader Says:
    May 11th, 2012
    Posted at: 1:30 pm

    Hi CB, natthinngg.. enjoyedd axis bank? :DD


  14. CB Says:
    May 11th, 2012
    Posted at: 1:31 pm

    Hi Kb Trader, :) yep


  15. gaps Says:
    May 11th, 2012
    Posted at: 1:31 pm

    Hi CB, should we wait for 1000 in axis?


  16. CB Says:
    May 11th, 2012
    Posted at: 1:32 pm

    Hi gaps, yes.

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