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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Comment pages: 67891011121314Show all

  1. shiuli Says:
    May 12th, 2015
    Posted at: 11:53 am

    yes sir, thanks


  2. shiuli Says:
    May 12th, 2015
    Posted at: 12:10 pm

    Hi Bhavik sir, should i booked loss of zeel ?


  3. shiuli Says:
    May 12th, 2015
    Posted at: 12:29 pm

    Hi Bhavik SIR, ZEEL FUT IS NOW GIOING 310, PLZ TELL, WHAT TO DO ? SHOULD I BOOKED LOSS ?


  4. Bhavik Says:
    May 12th, 2015
    Posted at: 12:42 pm

    Hi shiuli, If psbl exit @ current level. Can see it's taking support @ 310. But then too if being frustrated can book loss. there are many other options to recover.


  5. sanjay gaekwad Says:
    May 12th, 2015
    Posted at: 12:49 pm

    Hi CB, How much Bank Nifty test at lover level please advise?


  6. Sumit Says:
    May 12th, 2015
    Posted at: 12:50 pm

    Hello Mr Bhavik...
    I bought Bank of India 200 @ 204 for a short term horizon...
    But I dont want to exit in a loss. What could be the near term profit margin.
    Thanks


  7. Pjain Says:
    May 12th, 2015
    Posted at: 12:52 pm

    Hi bhavik, Purchased Vedanta [email protected], your view


  8. Gina Says:
    May 12th, 2015
    Posted at: 12:53 pm

    Hi BTT, good... is it still from here or slight recovery possible??


  9. zoebparvez Says:
    May 12th, 2015
    Posted at: 12:55 pm

    sir, bought 2lots ashokleyland 80ce @ 1.4. can.I expect 2.5 in 1-2 days?


  10. aby Says:
    May 12th, 2015
    Posted at: 12:59 pm

    sir ongc below 311. i m holding 340ce. should i continue to hold till expiry, can it recover on result expectation.


  11. Rajesh Says:
    May 12th, 2015
    Posted at: 1:19 pm

    Hi CB ... What about 8400 CE ... I bought @ 70 ... can i hold or exit


  12. Ezhil Says:
    May 12th, 2015
    Posted at: 1:19 pm

    Target for Union Bank of India and Tata Coffee for 1 week


  13. Vivek Says:
    May 12th, 2015
    Posted at: 1:20 pm

    Hi CB, holding 100qty. of Nifty PE 7800 @ 20.7. Current price is 46. Pls advice whether to hold or exit.


  14. Ram Says:
    May 12th, 2015
    Posted at: 1:30 pm

    Nifty can test 8090 today!, Highest possibility!!


  15. Sandeep Says:
    May 12th, 2015
    Posted at: 1:33 pm

    Hi CB, Can we buy ONGC at this level, or what is the ideal level for entry ?
    Thanks.


  16. Bhavik Says:
    May 12th, 2015
    Posted at: 1:33 pm

    Exit in Exideind. Did not move as expected. Cover @ 153 (Fo). Shorted @153.50.

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