Intraday calls 29-05-2014
Markets likely to open flat. Support for nifty is at 7270 and resistance at 7340.
Buy Aurobindo Pharma around 638, target: 652, SL 630
I am traveling and wont be able to reply today
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K K Says:
May 29th, 2014
Posted at: 8:57 am
Hi All, Good Morning
For today, Broadly speaking, Nifty trade below 7300 level will give a bearish signal where as a rally above 7340 gives a bullish tone.
Nifty levels for today
Buy above 7340 for a target of 7360 / 7380 and 7420
Sell below 7300 for a target of 7270 / 7250 and 7223
Trade cautiously ..!
Cement stocks gave a good positive breakout yesterday. The rally may continue today as well.
ACC
Buy ACC with a target of 1405 / 1410 with a stoploss of 1360
Ambuja Cements
Buy Ambuja Cements above 220.5 for a target of 223, 225 and 228. Maintain a stoploss of 219 and 213
Sell below 215 far a target of 212 / 208 and 203 Maintin a stop loss of 217
TradeWarrior Says:
May 29th, 2014
Posted at: 9:03 am
Good Morning All,
Nifty Levels S1 7308 S2 7285 | R1 7349 R2 7367
(Will give a nifty call shortly, please wait and watch...)
Large Nifty Says:
May 29th, 2014
Posted at: 9:05 am
Dont jump in to Aurobindo Pharma, if it weakens expecting support only from 630/28 levels. i
SD Says:
May 29th, 2014
Posted at: 9:09 am
Hi KK ji/TW gd morning
today CB sir will not be able to answer any query. Can you tell me
wheher Apollo Tyre is a buy at current level for 4-5 days?
Pavan Says:
May 29th, 2014
Posted at: 9:14 am
Hi SD,
Is there any specific news about the stock. Today Nifty would be volatile due to expiry. Will see about Ashok Leyland for delivery,
For the time being, to ur knowledge, It has R1 176 R2 178 aand S1 170 S2 168
Hi All, Infosys stock would be weak today due to one of its top members exit Infosys.
SD Says:
May 29th, 2014
Posted at: 9:16 am
Ok. thank yu Pavan ji
TradeWarrior Says:
May 29th, 2014
Posted at: 9:18 am
Hi SD, Below are levels for Apollo Tyres
S3 166.1, S2 169.6, S1 171.5 | R1 177 R2 180.4 R3 182.3
So for intraday enter only around support levels, trade small.
Shashi Says:
May 29th, 2014
Posted at: 9:21 am
Hi Good Morning all
ankush Says:
May 29th, 2014
Posted at: 9:23 am
HI CB...is tata motor a hold still...loss is increasing day by day
Large Nifty Says:
May 29th, 2014
Posted at: 9:23 am
Aurobindo Pharma Intraday resistance levels : 645/46, it is a buy above this resistance levels with a target of 658/662
Its not a buy as of now. if it weakens expecting support only from 630/28 levels. Wait and watch the levels.
Large Nifty Says:
May 29th, 2014
Posted at: 9:26 am
Hot call.
sell Coal India if it further holds below 375. first target 365/62
AJAXX Says:
May 29th, 2014
Posted at: 9:33 am
Hi Large Nifty,
What will be the SL if bought above 645 .
K K Says:
May 29th, 2014
Posted at: 9:33 am
Hi All, Please avoid ACC and Ambuja Cements as they seems profit booking after yesterday's rally.
Hi Nilesh, Watch Infosys stock. Try to pick call option for June series.
Large Nifty Says:
May 29th, 2014
Posted at: 9:35 am
Hi AJAXX, around 641 levels. but it is not triggered. so stop level doest exist.
Rohit Says:
May 29th, 2014
Posted at: 9:35 am
Hi KK, please advise the strike price for Infosys call option.
Also can I sell one lot of Infy 2900 PE @7
K K Says:
May 29th, 2014
Posted at: 9:37 am
Hi Rohit, You can watch 3000 or 3100 strike price. But wait for dips and then enter. I can't be online for an hour.