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. YB Says:
    May 12th, 2015
    Posted at: 2:34 pm

    Thanks sir..can u suggest something for short term from here?


  2. Ashley Says:
    May 12th, 2015
    Posted at: 2:35 pm

    Hey CB,

    Good afternoon. How are you?

    Why is market falling so much today?


  3. zoebparvez Says:
    May 12th, 2015
    Posted at: 2:35 pm

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


  4. mahendra Says:
    May 12th, 2015
    Posted at: 2:36 pm

    Engineers india at 191.
    What will be the targets till Friday.


  5. Bhavik Says:
    May 12th, 2015
    Posted at: 2:37 pm

    Lol.... Booked little bit early... Exide made low of 151.2 (fo). Target achieved almost....


  6. CB Says:
    May 12th, 2015
    Posted at: 2:38 pm

    Hi YB, best to wait for now. no new call yet

    Hi Ashley, Good afternoon. I am doing good. hope you too. seems like profit booking can test 7800 in near temr

    Hi zoebparvez, not sure how its results will shape up. hold for now. keep sl near 72.5

    Hi mahendra, looks weak. best to avoid it.

    Hi Bhavik, thanks..


  7. PKP Says:
    May 12th, 2015
    Posted at: 2:40 pm

    sir any suggestion to buy 8000 pe....


  8. CB Says:
    May 12th, 2015
    Posted at: 2:41 pm

    Hi PKP, can enter below 8120 (spot)


  9. CB Says:
    May 12th, 2015
    Posted at: 2:43 pm

    ill be back in some time


  10. PKP Says:
    May 12th, 2015
    Posted at: 2:49 pm

    Hi CB, thanks sir will do so


  11. aby Says:
    May 12th, 2015
    Posted at: 2:50 pm

    i m holding 340ce. should i continue to hold till expiry


  12. sagar Says:
    May 12th, 2015
    Posted at: 2:56 pm

    hii sir can i buy ashok leyland for intraday


  13. Vishal Says:
    May 12th, 2015
    Posted at: 2:58 pm

    Hi CB, Buy IFCI 35 CE?


  14. venkat Says:
    May 12th, 2015
    Posted at: 2:59 pm

    sir can i hold nifty put option 8100


  15. BTT Says:
    May 12th, 2015
    Posted at: 3:10 pm

    black tuesday :-(


  16. vijay Says:
    May 12th, 2015
    Posted at: 3:43 pm

    Hi CB,
    I am holding Ashok Leyland seems the results have not yet been declared....What can be expected for Tomorrow ?

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