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. CB Says:
    May 11th, 2012
    Posted at: 1:40 pm

    Hi deepak7791, not really sure. don't invest in it yet. facing issues fundamentally


  2. AT Says:
    May 11th, 2012
    Posted at: 1:41 pm

    CB,

    cAN I ENTER Axis bank 1000 CA at cmp (i.e. 37)


  3. CB Says:
    May 11th, 2012
    Posted at: 1:41 pm

    Hi AT, no, don't make a fresh entry now.


  4. Sai Palanivel Says:
    May 11th, 2012
    Posted at: 1:42 pm

    CB SIR, JP ENTER TODAY 60.50 INTRADAY CLOSING LEVEL PLEASE?


  5. AT Says:
    May 11th, 2012
    Posted at: 1:42 pm

    OKay...i missed it:(.......Thanks again.


  6. CB Says:
    May 11th, 2012
    Posted at: 1:43 pm

    Hi Sai Palanivel, yes. can test 62.8

    Hi AT, ok. can add some of jindal steel here.


  7. sdkbest Says:
    May 11th, 2012
    Posted at: 1:44 pm

    Can anyone provide link to see the forthcoming corporate actions


  8. CB Says:
    May 11th, 2012
    Posted at: 1:44 pm

    Hi sdkbest, for results you may visit: indiaearnings.com. not sure of others.


  9. micky-intrday Says:
    May 11th, 2012
    Posted at: 1:45 pm

    said earlier only markets will recover see them enjoyed profits cb bought jsw at 626 sold at 639 ....thnks


  10. sdkbest Says:
    May 11th, 2012
    Posted at: 1:46 pm

    Thanks CB


  11. sanzy Says:
    May 11th, 2012
    Posted at: 1:46 pm

    holding 5000CE..what to do...


  12. CB Says:
    May 11th, 2012
    Posted at: 1:46 pm

    Hi micky-intrday, yes.. nice one..

    Hi sdkbest, most welcome.


  13. AT Says:
    May 11th, 2012
    Posted at: 1:46 pm

    CB,

    I am entering Jindal 480 CA at cmp (10.40)


  14. CB Says:
    May 11th, 2012
    Posted at: 1:47 pm

    Hi sanzy, book near 4980

    Hi AT, ok.


  15. Kb Trader Says:
    May 11th, 2012
    Posted at: 1:48 pm

    Hi CB, badhti ka naam zindagi


  16. CB Says:
    May 11th, 2012
    Posted at: 1:48 pm

    Hi Kb Trader, :)

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