Quotes with Resistance & Support
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Intraday calls for 12-05-15

Posted on: May 12th, 2015 at 8:32 am

Markets likely to open flat. Support for nifty is at 8220 and resistance at 8350 (closing basis). Support for Bank nifty is at 17750 and resistance at 18600.

Buy Piramal Enterprises at 1000, target: 1030. Stoploss: 985 – (Can continue to hold Piramal for 1-2 days if possible. Technically looks strong.)

Thought for the day: Anyone who thinks there’s safety in numbers hasn’t looked at the stock market pages.- Irene Peter

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216 Responses

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  1. Sona Says:
    May 12th, 2015
    Posted at: 8:35 am

    Goodmorning CB...what s your view on AMBUJACEM and AXISBANK for intraday


  2. suri Says:
    May 12th, 2015
    Posted at: 8:35 am

    gm sir, what abt buy ashok Leyland and sell bank of Baroda for today. If yes, at what levels?


  3. ravi Says:
    May 12th, 2015
    Posted at: 8:35 am

    Hi cb, your veiw on jp asso holding at 45 should i avg at cmp


  4. senthil Says:
    May 12th, 2015
    Posted at: 8:36 am

    What is the target of upl and dish tv today


  5. CB Says:
    May 12th, 2015
    Posted at: 8:36 am

    Hi Sona, Good morning. axis can test 558. ambuja has resistance at 242

    Hi suri, ashok has results today. best to wait till its out. dont short bob yet

    Hi ravi, no, dont add more of it yet. its a hold for now.


  6. CB Says:
    May 12th, 2015
    Posted at: 8:38 am

    Hi senthil, upl may remain flat. dish can test 79


  7. PKP Says:
    May 12th, 2015
    Posted at: 8:38 am

    Sir any chance of tata steel to cross 380
    As holding its 380 CE at 15
    Yet not RCH

    Also suggest any options if any to cover the loss sir


  8. lokesh Says:
    May 12th, 2015
    Posted at: 8:39 am

    DEar sir,

    kindly advice on TVS electronics and HOV for intraday target
    PNB on short sell and target.


    Thanks/Regards,

    Lokesh


  9. kalikiri Says:
    May 12th, 2015
    Posted at: 8:39 am

    sir
    pls tell me about kei
    is there any chance to bounce from here today ? bcoz my cost is at 83/-

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