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: 5678910111213Show all

  1. rahul Says:
    May 11th, 2012
    Posted at: 10:22 am

    hi all if iip no comes bad nifty ll test 4880 next strong support


  2. SaiPalanivel Says:
    May 11th, 2012
    Posted at: 10:23 am

    HI SAI,ARCHANA REDDY ,GOOD MORNING.


  3. shashi Says:
    May 11th, 2012
    Posted at: 10:23 am

    HI KVK GARU VGM.......
    ANY CALL ....


  4. Naran Says:
    May 11th, 2012
    Posted at: 10:24 am

    A significant Fibonacci support level for nifty is 4950 which is the 61.8% retracement of the up move from 4500 to 5630. Today nifty opened below that level and trading below that level for some times. I think it is a strong down signal and we can expect a free fall from current level.
    WARNING : It may or may not be happen........... IT IS ONLY MY VIEW !!!!!!!!!!!!


  5. Nag Says:
    May 11th, 2012
    Posted at: 10:26 am

    Hello Every1...Gud Morning!!
    ARCHANAREDDY Garu...U from Hyd??


  6. Anita Says:
    May 11th, 2012
    Posted at: 10:27 am

    can i buy l&t, bhel and sbi today for a period of 3-4 mths. What is your opinion thanks


  7. Kb Trader Says:
    May 11th, 2012
    Posted at: 10:28 am

    Hi ARCHANAREDDY, posted earlier .. strong support zone 4900/40 . . can expect bounce back/ range bound.

    Hi SAI, GOOD MORNING.. im good.. how are u?


  8. shashi Says:
    May 11th, 2012
    Posted at: 10:28 am

    HI GM SAI GARU
    HI GM ARCHANA GARU
    HI GM KVK GARU......


  9. shashi Says:
    May 11th, 2012
    Posted at: 10:31 am

    HELLO NAG SIR GM


  10. shashi Says:
    May 11th, 2012
    Posted at: 10:35 am

    hi kvk garu yam aina kaalu pettara


  11. santosh Says:
    May 11th, 2012
    Posted at: 10:38 am

    hi cb what about Coromandel International Ltd


  12. Nag Says:
    May 11th, 2012
    Posted at: 10:40 am

    Hello Shashi Garu..Gud morning!!
    Happy trading


  13. CB Says:
    May 11th, 2012
    Posted at: 10:41 am

    Hi Anita, go with bhel in small quantity for now

    Hi rahul, yes

    Hi smarty, as of now no new call

    Hi Naran, thanks


  14. CB Says:
    May 11th, 2012
    Posted at: 10:42 am

    Hi santosh, its looking a bit weak. dont enter yet


  15. sanzy Says:
    May 11th, 2012
    Posted at: 10:42 am

    what time is the IIP data expected


  16. CB Says:
    May 11th, 2012
    Posted at: 10:43 am

    Hi sanzy, 11am

Comment pages:5678910111213Show all

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