Quotes with Resistance & Support
Market Information

Intraday calls for 11-05-17

Posted on: May 11th, 2017 at 8:31 am

Markets likely to open slightly higher. Support for Nifty is at 9350. Bank Nifty has support at 22500 and resistance at 22900.

Buy Axis bank at 526.50, target: 538. Stoploss: 521 – (Sl triggered in axis bank)

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103 Responses

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  1. CB Says:
    May 11th, 2017
    Posted at: 10:02 am

    Hi RAVIKUMAR, Good morning. its a hold for now. dont add more. above 680 can see some buying interest come in.

    Hi RMK, can add 50% for now. swan may remain a bit weak. bhel can test 179.2

    Hi srinivas, its a hold for now. does look strong

    Hi mani, Good morning. can test 117.2

    Hi Srinivasrav, it can test 30-31 in near term

    Hi Mihir, can add 50% at cmp

    Hi Sripathi, thanks

    Hi RCG, can test 435 in near term

    Hi Vish, it can test 680 in near term

    Hi Bala, its rallied quite a bit. possible sees some profit booking from here. below 1585 can test 1550


  2. PKP Says:
    May 11th, 2017
    Posted at: 10:05 am

    Hi CB, sir was holding nifty 9200 pe, and its down any chances to get something till expiry or should exit in loss... if exit, then pls suggest alternative to enter


  3. Vish Says:
    May 11th, 2017
    Posted at: 10:06 am

    thank you


  4. RCG Says:
    May 11th, 2017
    Posted at: 10:06 am

    what about bankbaroda and grasim please


  5. CB Says:
    May 11th, 2017
    Posted at: 10:06 am

    Hi Sunil, yes. can add 50%

    Hi Samuel, its a good long term bet. can test 350

    Hi YASH, try and exit on dips near 360 for now


  6. Madhu Says:
    May 11th, 2017
    Posted at: 10:08 am

    Good Morning CB,

    Hope you are doing good.

    I have started SIP on LT and SBI Pharma (G) on a monthly basis. Need one more suggestion. If i have to invest a lumpsum of 50000 INR for a long term investment could you please suggest a Stock or any Mutual fund so i can see good returns in 5 + years :-)

    Thank you


  7. CB Says:
    May 11th, 2017
    Posted at: 10:09 am

    Hi PKP, technically nifty is going quite strong. can exit for now. you may enter axis ce

    Hi RCG, bob if holds onto 184-185 levels, can bounce back from here. grasim can test 1250 in near term

    Hi Vish, most welcome.


  8. AJ Says:
    May 11th, 2017
    Posted at: 10:11 am

    CB,
    Your views on JETAIR (entered @550) and NAVKAR CORP (@ 219) please?


  9. CB Says:
    May 11th, 2017
    Posted at: 10:12 am

    Hi Madhu, Good morning.. yes, hope you too. best to wait for a correction in markets before investing lumpsum. can add L&T midcap fund (G) on dips


  10. Ravi M Says:
    May 11th, 2017
    Posted at: 10:12 am

    CB SIR, I am holding nifty 9300PE @ 53/-. Market seems to north ward direction and i am on the wrong direction, please suggest me?


  11. DVL Says:
    May 11th, 2017
    Posted at: 10:12 am

    Sir longterm tgt for monsanto, IMFA& DMART pls


  12. RCG Says:
    May 11th, 2017
    Posted at: 10:14 am

    Thank you sir


  13. CB Says:
    May 11th, 2017
    Posted at: 10:14 am

    Hi AJ, jet does look strong. its a hold. is going strong too. can test 245


  14. Madhu Says:
    May 11th, 2017
    Posted at: 10:16 am

    Sure CB. Thank you

    Do you reckon that could take time or the correction is round the corner :-) ?


  15. DVL Says:
    May 11th, 2017
    Posted at: 10:18 am

    Hi CB sir by the grace of Lord Shiva your father recover very soon dont worry, be confident.


  16. CB Says:
    May 11th, 2017
    Posted at: 10:18 am

    Hi RCG, most welcome

    Hi DVL, monsanto can test 3200 in long term. imfa around 700. can test 1050

    Hi Ravi M, technically nifty does look strong. would advice to exit from pe on any dip for now

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