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: 2 3 456 7 8 9 10 Show all

CB Says:
May 11th, 2012
Posted at: 9:15 am
Hi shawww, no, not yet. good support near 113-114.
CB Says:
May 11th, 2012
Posted at: 9:16 am
Hi shashi, Good morning. not yet. enter a pe below 4940. dont enter sail pe yet
CAD Says:
May 11th, 2012
Posted at: 9:18 am
can i buy 4900 PE?
CB Says:
May 11th, 2012
Posted at: 9:18 am
Hi CAD, not yet.
Akshi Says:
May 11th, 2012
Posted at: 9:19 am
When can.I sell my nifty pe ? How much can.nifty test today ?
VJ Says:
May 11th, 2012
Posted at: 9:19 am
hi CB , shall i short Uniphos @ 118.6 ( cmp ) or wait tiill it comes @ 120
gp Says:
May 11th, 2012
Posted at: 9:19 am
CB GM,
CB can i average LITL @ CMP ....its a hold @ rs 18..?
G Says:
May 11th, 2012
Posted at: 9:19 am
good morning cb, didn't get the chance to short united phos...can i short at 118?
what about 4900pe? continue holding? plz suggest the target for that
CB Says:
May 11th, 2012
Posted at: 9:20 am
Hi Akshi, around 4900-4910
Hi VJ, short near 119
Hi gp, no, don't add more of it yet.
CB Says:
May 11th, 2012
Posted at: 9:20 am
Hi G, yes, can short at 119. hold pe for now.
VJ Says:
May 11th, 2012
Posted at: 9:22 am
thank you Cb :)
CB Says:
May 11th, 2012
Posted at: 9:22 am
Hi VJ, most welcome.
Kb Trader Says:
May 11th, 2012
Posted at: 9:22 am
we got strong support around 4940/4900 zone .. .
shashi Says:
May 11th, 2012
Posted at: 9:23 am
thanks for your quick response cb sir...thanks
CB Says:
May 11th, 2012
Posted at: 9:23 am
Hi Kb Trader, yes, seems so
CB Says:
May 11th, 2012
Posted at: 9:23 am
Hi shashi, most welcome.