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. sunny Says:
    May 11th, 2012
    Posted at: 3:19 pm

    cb could i hold axis bank till monday ?


  2. CB Says:
    May 11th, 2012
    Posted at: 3:20 pm

    Hi sunny, would advice to book for now.


  3. akila Says:
    May 11th, 2012
    Posted at: 3:20 pm

    also, please advice on fintech........bought at 585 today to average earlier buys....and even now it doesn't seem to stop falling....should i exit today's buy atleast ? what do you advice?


  4. sdg Says:
    May 11th, 2012
    Posted at: 3:21 pm

    Hi CB.. back to back 3 calls today exited in profit.. what a fantastic day! MARKET is in red and you made it possible to book profit! THANKS a TON!!! your are are great!


  5. SaiPalalnivel Says:
    May 11th, 2012
    Posted at: 3:21 pm

    CB SIR, WAIT FOR YOU. JPASSOCIATE CAN YOU HOLD CONTINUE?


  6. CB Says:
    May 11th, 2012
    Posted at: 3:22 pm

    Hi sdg, nice to hear that. you are always welcome

    Hi akila, its near strng support levels. hold onto it for now.


  7. CB Says:
    May 11th, 2012
    Posted at: 3:22 pm

    Hi SaiPalalnivel, yes, hold it.


  8. akila Says:
    May 11th, 2012
    Posted at: 3:22 pm

    ok sure, thanku.....


  9. Naran Says:
    May 11th, 2012
    Posted at: 3:22 pm

    Hi CB, As your advice Booked profit of 4900pe @103. Thank u very much. I re entered some positions on bounce back. Booking profits now or hold it for Monday ???????


  10. CB Says:
    May 11th, 2012
    Posted at: 3:22 pm

    Hi akila, most welcome.


  11. SaiPalalnivel Says:
    May 11th, 2012
    Posted at: 3:23 pm

    THANKS CB SIR, WHATS YOUR VIEW JP COMING DAYS.


  12. ARCHANAREDDY Says:
    May 11th, 2012
    Posted at: 3:23 pm

    Hi CB, hi cb...thank u......and also i bought nifty 4900 pe at 98.10 today........exit or hold...?


  13. CB Says:
    May 11th, 2012
    Posted at: 3:23 pm

    Hi Naran, most welcome. would advice to book profit for now. not really sure how US markets would close tonight.


  14. CB Says:
    May 11th, 2012
    Posted at: 3:24 pm

    Hi SaiPalalnivel, can test 64

    Hi ARCHANAREDDY, most welcome. its a hold for now.


  15. Naran Says:
    May 11th, 2012
    Posted at: 3:25 pm

    Thanks a lot.................


  16. ARCHANAREDDY Says:
    May 11th, 2012
    Posted at: 3:25 pm

    Hi CB, ok thank u sir.......

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