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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. sandeep Says:
    May 11th, 2012
    Posted at: 9:06 am

    cb...........wats ur view on cipla after results? Can it see levels close to 345?


  2. CB Says:
    May 11th, 2012
    Posted at: 9:07 am

    Hi akila, yes, seems may open 40-50 points lower. if european markets open a bit higher, can expect some bounce

    Hi Chinta, go with bharti in small quantity


  3. kamal Says:
    May 11th, 2012
    Posted at: 9:07 am

    hi cb good morning, how does arvind looks? can ce 80 be bought at cmp?


  4. sanzy Says:
    May 11th, 2012
    Posted at: 9:08 am

    holding BankNifty 9000PE..shall hold or exit at the opening


  5. CB Says:
    May 11th, 2012
    Posted at: 9:08 am

    Hi vinod, yes, below 12.50 can fall further

    Hi sandeep, does look good. can add 7-8rs

    Hi kamal, Good morning. no, dont enter it yet.looks a bit weak


  6. CB Says:
    May 11th, 2012
    Posted at: 9:08 am

    Hi sanzy, yes, book near 9250


  7. test Says:
    May 11th, 2012
    Posted at: 9:09 am

    i am holding nifty call at 4990.....any hope


  8. sdg Says:
    May 11th, 2012
    Posted at: 9:09 am

    Hi CB, what is IIP data? it is is low as 2% then will market head to 4850 today itself? please guide


  9. CB Says:
    May 11th, 2012
    Posted at: 9:10 am

    Hi test, its corrected quite a bit. can expect some bounce next week. hold it

    Hi sdg, yes, if its lower than expectation, can test 4880


  10. SK Says:
    May 11th, 2012
    Posted at: 9:11 am

    LITL AND AXIS BANK TODAY ?


  11. maria Says:
    May 11th, 2012
    Posted at: 9:11 am

    sir i buy dlf at 179 can you tell me the s.l and traget for one month holding


  12. vinod Says:
    May 11th, 2012
    Posted at: 9:12 am

    thank you CB


  13. CB Says:
    May 11th, 2012
    Posted at: 9:12 am

    Hi SK, axis could see some bounce later in the day. litl looks weak

    Hi maria, keep sl at 175, can test 190-195


  14. CB Says:
    May 11th, 2012
    Posted at: 9:12 am

    Hi vinod, most welcome.


  15. shawww Says:
    May 11th, 2012
    Posted at: 9:15 am

    How about Hindalco PE 110? Should I buy it?


  16. shashi Says:
    May 11th, 2012
    Posted at: 9:15 am

    GM CB SIR.......AND ALL
    can i enter sail and [email protected] now

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