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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akila Says:
May 11th, 2012
Posted at: 2:35 pm
Hi CB/friends............
pl advice on exiting manappur at 23.4.....superb move from yesterday's lows of 18.5..........in good profit in this trade...but holding the same scrip more quantity at 34:-(
Sohan Says:
May 11th, 2012
Posted at: 2:37 pm
Hello CB,
Can I enter Jindal Steel now.
Sohan
vino Says:
May 11th, 2012
Posted at: 2:41 pm
hai cb today i short jp associate [email protected] wat
should i do i am in heavy loss
Sai Palanivel Says:
May 11th, 2012
Posted at: 2:45 pm
HI VINO JP IS UP MOVING COMING DAYS STRONG SUPPORT 58.00 AND 59.00 ALREADY THIS LEVEL TESTED. SO WAIT FOR SOME OR EXIT 65.00 CE
sai Says:
May 11th, 2012
Posted at: 2:51 pm
HI CB GA CAN I HV YR SUGGESTION ON HOLDING CEs
tarun Says:
May 11th, 2012
Posted at: 2:52 pm
hi CB / kb,
holding bank nifty at 9470, shall i hold or exit ??
thanks
micky-intrday Says:
May 11th, 2012
Posted at: 2:53 pm
Hi SS, ya true even we were hoping same recover at last end good :)
akila Says:
May 11th, 2012
Posted at: 2:54 pm
Hi Sai Palanivel,
tnku fr d reply.....yes, seemed like a short covering rally only.........now just hoping a close above 4950 will give a gap up opening on monday provided nothing bad happens over the weekend...
ARCHANAREDDY Says:
May 11th, 2012
Posted at: 2:58 pm
HI CB....
I ENTERED TATASTEEL 420 PE AT 18.00/-.....WHAT CAN I DO.......HOLD OR EXIT....?
Sai Palanivel Says:
May 11th, 2012
Posted at: 2:58 pm
no akila lets wait, how OPEN AND CLOSING US MARKETS LEVEL THEN INDIAN MARKET OPEN FOR MONDAY.
nithin2009 Says:
May 11th, 2012
Posted at: 3:02 pm
cb...pls advice on hindalco,jp,petronet lng &lanco @cmp for short term.....
ARCHANAREDDY Says:
May 11th, 2012
Posted at: 3:02 pm
Hi Sai Palanivel, HAI........TELL ME WHAT ABOUT JP....?
G Says:
May 11th, 2012
Posted at: 3:04 pm
Hi vino, jp is coming down... u can justify your loss....
Naran Says:
May 11th, 2012
Posted at: 3:09 pm
Short covering is over.............
CAD Says:
May 11th, 2012
Posted at: 3:09 pm
hey cb.... can i buy ranbaxy 480CE @cmp?
CB Says:
May 11th, 2012
Posted at: 3:09 pm
Hi nithin2009, go with hindalco and jp in small quantity for now
Hi ARCHANAREDDY, its a hold. can see 407
Hi tarun, its a hold for now
Hi sai, these are a hold with sl at 4900 for now