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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  1. Jesi Says:
    May 11th, 2012
    Posted at: 4:03 pm

    Hi Sir
    itc 240 call in 5.50 rs sir.very loss sir.monday book loss or hold sir?


  2. shashi Says:
    May 11th, 2012
    Posted at: 4:13 pm

    cb sir now jindalsteel457.55


  3. CB Says:
    May 11th, 2012
    Posted at: 4:23 pm

    Hi Jesi, its a hold for 2-3 days. can see 240 again

    Hi shashi, yes, can add 10-12 rs on monday if markets are good


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

    can we expect LITL @ 9


  5. venu Says:
    May 11th, 2012
    Posted at: 4:33 pm

    I am planning to buy LITL 20K if it comes around 9-10. What's your sugession?


  6. Naran Says:
    May 11th, 2012
    Posted at: 4:40 pm

    Mamtha hints early loksabha election !!!!!!!!!!!!!!!!!!!!!!!!


  7. hello Says:
    May 11th, 2012
    Posted at: 5:05 pm

    @NARAN .... What MAMATHA can do?????? Nothing...without her support GOV is well ok....Thay have other party to support...
    She is making us fool....


  8. CB Says:
    May 11th, 2012
    Posted at: 5:09 pm

    Hi venu, no, not sure of 9 yet. but can test 10.50 if markets remain weak. yes, can accumulate it on dips. is a good bet fundamentally


  9. prasad Says:
    May 11th, 2012
    Posted at: 5:33 pm

    CB, what would be the targets for sbi in next week..


  10. Rise Says:
    May 11th, 2012
    Posted at: 5:34 pm

    sir can enter everonn n sintex...????


  11. ani Says:
    May 11th, 2012
    Posted at: 5:37 pm

    Hi CB,


    aare sir purchased jindal [email protected] [email protected] the price was 460...nw its only 457.55.....plz suggest wat to do.....should keep any sl.....


  12. CB Says:
    May 11th, 2012
    Posted at: 5:42 pm

    Hi prasad, can test 1880-1900 if markets improve a bit.

    Hi ani, yes, shall keep sl near 451. it does look good. can head upto 468-470


  13. prasad Says:
    May 11th, 2012
    Posted at: 5:48 pm

    Then it would be good move to short at 1900, or not ?? whats value downside for sbi ??


  14. sdg Says:
    May 11th, 2012
    Posted at: 6:30 pm

    Hi CB, please suggest good site to watch currency market?


  15. CA.Tejas Says:
    May 11th, 2012
    Posted at: 7:16 pm

    Hi CB, Whether Apollo Hospital can be bought at cmp


  16. Shravan Says:
    May 11th, 2012
    Posted at: 7:19 pm

    Dear CB
    Currently Holding LITL Call 12.5
    What should the course of action for Monday!

    Im quite confused weather to sell it in loss or LITL might show positive movement.

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