Intraday calls for 11-05-12
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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sunny Says:
May 11th, 2012
Posted at: 3:19 pm
cb could i hold axis bank till monday ?
CB Says:
May 11th, 2012
Posted at: 3:20 pm
Hi sunny, would advice to book for now.
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?
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!
SaiPalalnivel Says:
May 11th, 2012
Posted at: 3:21 pm
CB SIR, WAIT FOR YOU. JPASSOCIATE CAN YOU HOLD CONTINUE?
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.
CB Says:
May 11th, 2012
Posted at: 3:22 pm
Hi SaiPalalnivel, yes, hold it.
akila Says:
May 11th, 2012
Posted at: 3:22 pm
ok sure, thanku.....
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 ???????
CB Says:
May 11th, 2012
Posted at: 3:22 pm
Hi akila, most welcome.
SaiPalalnivel Says:
May 11th, 2012
Posted at: 3:23 pm
THANKS CB SIR, WHATS YOUR VIEW JP COMING DAYS.
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...?
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.
CB Says:
May 11th, 2012
Posted at: 3:24 pm
Hi SaiPalalnivel, can test 64
Hi ARCHANAREDDY, most welcome. its a hold for now.
Naran Says:
May 11th, 2012
Posted at: 3:25 pm
Thanks a lot.................
ARCHANAREDDY Says:
May 11th, 2012
Posted at: 3:25 pm
Hi CB, ok thank u sir.......