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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shashi Says:
May 11th, 2012
Posted at: 2:02 pm
THANKS VERY MUCH CB SIR.....
THANKQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQ........
Shawww Says:
May 11th, 2012
Posted at: 2:03 pm
Shd I buy Idea CE 85?
CAD Says:
May 11th, 2012
Posted at: 2:04 pm
can i buy ranbaxy 480 CE @cmp?
SSP Says:
May 11th, 2012
Posted at: 2:07 pm
Missed an opportunity on United Phos, but made decent Gains on Axis Bank ! Enough for Today :)Thanks CB !
micky-intrday Says:
May 11th, 2012
Posted at: 2:08 pm
there it tasted the positive side ahhhh feels good heavy profits cb thanks a ton
Siddharth Says:
May 11th, 2012
Posted at: 2:13 pm
Hi CB, indeed the markets are bouncing back. Great job!
was curious to know what kind of indicators do u use for technical predictions
Thanks
akila Says:
May 11th, 2012
Posted at: 2:13 pm
what a recovery...............
Phani Says:
May 11th, 2012
Posted at: 2:14 pm
Hi sir, I brought PE 5000 @ 148 2 lots may month? please suggest
prasad Says:
May 11th, 2012
Posted at: 2:15 pm
Is it a good move to short sbi at this level or to buy ????
SS Says:
May 11th, 2012
Posted at: 2:17 pm
Hi micky-intrday,
Was I correct on IIP no. ?
Sai Palanivel Says:
May 11th, 2012
Posted at: 2:20 pm
HI AKILA,GE.just SMALL NIFTY bounce from short covering.ITS MY VIEW NIFTY SUSTAIN 4980 LEVEL SOME MORE UP MOVE IN CASE BELOW THIS LEVEL SOME PROFIT BOOKING ITS MY VIEW.AKILA.
G Says:
May 11th, 2012
Posted at: 2:25 pm
hello friends, what will be market closing??? any idea?????
Sai Palanivel Says:
May 11th, 2012
Posted at: 2:29 pm
hi G, no idea.
G Says:
May 11th, 2012
Posted at: 2:30 pm
Hi prasad, cb advised to buy in small qty
akila Says:
May 11th, 2012
Posted at: 2:31 pm
manappuram superb move...........!!
akila Says:
May 11th, 2012
Posted at: 2:32 pm
manappuram superb upmove...........!!