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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Comment pages: 1 234 5 6 7 8 9 Show all

gaps Says:
May 11th, 2012
Posted at: 8:59 am
Hi CB, and hexaware?
Irshu Says:
May 11th, 2012
Posted at: 9:00 am
Hi wht is target of escort today?
CB Says:
May 11th, 2012
Posted at: 9:00 am
Hi gaps, it has resistance at 124.
Narayan Says:
May 11th, 2012
Posted at: 9:00 am
I have bought 1000 shares of essar oil at 60.5 for holding for 2 months..What should I do now? I cannot average.How much upper side can it see?
gaps Says:
May 11th, 2012
Posted at: 9:01 am
Hi CB, thank you very much
CB Says:
May 11th, 2012
Posted at: 9:01 am
Hi Irshu, if breaks 65.50 could test 64
CB Says:
May 11th, 2012
Posted at: 9:01 am
Hi Narayan, its finding some support near 50 levels. as of now will need to hold for short term. once markets improve, will bounce back
Hi gaps, most welcome.
sdg Says:
May 11th, 2012
Posted at: 9:02 am
Thanks CB!
CB Says:
May 11th, 2012
Posted at: 9:03 am
Hi sdg, most welcome.
cvrprakash Says:
May 11th, 2012
Posted at: 9:04 am
Dear CB,
If willing to short Hexaware.... Today
Do you suggest to enter this... Below 119 levels?
vk Says:
May 11th, 2012
Posted at: 9:04 am
DEAR CB
VERY GOOD MORNING
I HAVE HOLD SBI 2169 RATE AND SINTEX 68 NOW BOTH ARE LOW CAN I HOLD BOTH POS. PLEASE TELL ME.
REGARDS
VK
akila Says:
May 11th, 2012
Posted at: 9:05 am
Good Morning CB...........
preopen is scary..............will actual open be better off or worse off............wise to exit all longs at open or wait the entire 6hrs for some little bounce?
CB Says:
May 11th, 2012
Posted at: 9:05 am
Hi cvrprakash, yes.
Chinta Says:
May 11th, 2012
Posted at: 9:05 am
CB Sir, Bharti airtel, andhra bank, bhel. Can any of these be entered for short term?
CB Says:
May 11th, 2012
Posted at: 9:06 am
Hi vk, Good morning. yes, will need to hold these a bit longer. will recover back once markets improve
vinod Says:
May 11th, 2012
Posted at: 9:06 am
hi CB gud mrg, sir how wil lanco be for intraday, can i short it in opening.