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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Comment pages: 232425262728293031Show all

  1. CB Says:
    May 11th, 2012
    Posted at: 3:26 pm

    Hi Naran, most welcome

    Hi ARCHANAREDDY, most welcome.


  2. SaiPalalnivel Says:
    May 11th, 2012
    Posted at: 3:27 pm

    OK CB SIR, EXIT 64 LEVEL JP. ANY UPMOVE +VE ? I AM HOLD 68.00 LEVEL LAST 15 DAYS.


  3. CB Says:
    May 11th, 2012
    Posted at: 3:28 pm

    Hi SaiPalalnivel, it depends on nifty. if manages to trade above 4980 then could head higher.


  4. SaiPalalnivel Says:
    May 11th, 2012
    Posted at: 3:30 pm

    THANKS CB SIR.


  5. CB Says:
    May 11th, 2012
    Posted at: 3:31 pm

    Hi SaiPalalnivel, most welcome


  6. abraham Says:
    May 11th, 2012
    Posted at: 3:32 pm

    Thank you CB sir...thanks a lot


  7. CB Says:
    May 11th, 2012
    Posted at: 3:32 pm

    Hi abraham, most welcome.


  8. bk Says:
    May 11th, 2012
    Posted at: 3:32 pm

    Dear Cb,

    today tatamotor up 3%

    is this good or shorts buildup


  9. rishu Says:
    May 11th, 2012
    Posted at: 3:33 pm

    where the nifty going .. pls expresss on possible outcome on monday


  10. ani Says:
    May 11th, 2012
    Posted at: 3:34 pm

    Hi CB,


    sir holding jindal [email protected] advice sl and wat price shld i sell...


  11. CB Says:
    May 11th, 2012
    Posted at: 3:34 pm

    Hi bk, no, not yet. its looking strong

    Hi rishu, if global markets improve a bit could head higher to 4980. on the downside below 4900 can test 4870


  12. CB Says:
    May 11th, 2012
    Posted at: 3:35 pm

    Hi ani, its a hold. can test 470-472


  13. bk Says:
    May 11th, 2012
    Posted at: 3:35 pm

    then CB if market +ve

    it may go up?


  14. rishu Says:
    May 11th, 2012
    Posted at: 3:35 pm

    cb sir

    pls suggest shld i put more mone on fresh buy by pumping more money as already rs 37500
    invested 5 month back current value is 35700


  15. H3M4NG Says:
    May 11th, 2012
    Posted at: 3:47 pm

    Hi CB,

    What price should I enter in PNB for 1 year ?


  16. CB Says:
    May 11th, 2012
    Posted at: 3:59 pm

    Hi bk, yes

    Hi rishu, no, don't add more yet. lets wait for another few days. markets are in a no trading zone as of now. couple of closes below 4900 could take itl ower to 4800.

    Hi H3M4NG, yes, enter 20-25% for now.

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