Quotes with Resistance & Support
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Intraday calls for 13-05-11

Posted on: May 13th, 2011 at 8:21 am

Markets likely to open flat, Support for Nifty at 5470

Buy Max India at 172, Target: 178, SL 166
(trade in small quantities)

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600 Responses

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  1. Anil Says:
    May 14th, 2011
    Posted at: 1:18 pm

    Hi CB, Thanks. US closed 1% down. It will not effect our market?


  2. CB Says:
    May 14th, 2011
    Posted at: 1:41 pm

    Hi abdul, infra sector has been going weak since long. for now would advice to exit 50% if it breaks 410 and add them back on dips. fundamentally its a good company. will recover back over a period of time

    Hi Anil, as of now does not seem so. nifty would get queues from political developments


  3. abdul Says:
    May 14th, 2011
    Posted at: 1:58 pm

    thanks cb but at what price should i enter again pls suggest me wht price it wil bounce back thanks in advance.


  4. CB Says:
    May 14th, 2011
    Posted at: 2:11 pm

    Hi abdul, need to wait for some time. it needs to stop falling and form a base. shall keep you informed.


  5. Kb Says:
    May 14th, 2011
    Posted at: 5:19 pm

    Hi To CB, You allows any other ip/user id to post and then check But me in ur spam list, my posts will only appear after moderation. :( this is bad.


  6. thavva Says:
    May 14th, 2011
    Posted at: 5:34 pm

    Hi CB,
    Hi YOGI, GA


  7. Anil Says:
    May 14th, 2011
    Posted at: 5:41 pm

    Hi CB, Thanks. Holding Bajajauto 3 lots short. What to do??


  8. CB Says:
    May 14th, 2011
    Posted at: 5:47 pm

    Hi Kb, sorry! I did go thru the list and your email id was in there. I have deleted it. you should not be facing any issues from now

    Hi thavva, Good afternoon.

    Hi Anil, for now would advice to enter couple of 1350 calls to hedge. below 1325 it can head lower to 1290


  9. Anil Says:
    May 14th, 2011
    Posted at: 5:58 pm

    Hi CB, Thanks CB...


  10. sujoy Says:
    May 14th, 2011
    Posted at: 6:08 pm

    Sir In I Buy 5300 PUT Or 5600 call. Which is better.


  11. MURUGAN Says:
    May 14th, 2011
    Posted at: 6:44 pm

    will delta corp perform well on monday ple tell me the target


  12. CB Says:
    May 14th, 2011
    Posted at: 6:47 pm

    Hi Anil, most welcome

    Hi sujoy, as of now don't enter any. enter a put if nifty breaks 5470. on the upside, above 5600 one can enter a 5600 call

    Hi jit, yes, we shall exit the call on rise near 5600 levels. and enter again if heads for a close above 5600. as of now nifty is in a range so the decay. shall exit put if nifty nears 5500 levels.

    Hi MURUGAN, seems may remain a bit flat. facing some resistance near 92.


  13. Abdullah Says:
    May 14th, 2011
    Posted at: 7:04 pm

    Hi CB / Kartik / Yogi / gayaram / thaava / Sunil Rao / Kb / Tejas / Arijit / Everybody, Good evening :) Hope you all are well...
    Was out of town... came back today...


  14. ARIJIT Says:
    May 14th, 2011
    Posted at: 7:29 pm

    HI ABDULLAH,
    GOOD EVENING :-D wellcome back....


  15. CB Says:
    May 14th, 2011
    Posted at: 7:57 pm

    Hi Abdullah, Good evening.. welcome back


  16. ramsingh Says:
    May 14th, 2011
    Posted at: 8:18 pm

    Hi cb! what is support level of tci finance and what level bounce expect.

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