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

    Hi PKP, yes, does look good. hold for 1-2 days

    Hi lokesh, tvs elec can test 42. hovs around 83. dont short pnb yet.


  2. CB Says:
    May 12th, 2015
    Posted at: 8:40 am

    Hi kalikiri, yes, is near strong support of 60. can see a bounce from here


  3. senthil Says:
    May 12th, 2015
    Posted at: 8:43 am

    Sir, can I buy indiabulls housing today


  4. Pramod Says:
    May 12th, 2015
    Posted at: 8:44 am

    hi CB, how abt SBIN CE and Gail CE for intrday trade?
    level pls.


  5. harshal Says:
    May 12th, 2015
    Posted at: 8:45 am

    Hi CB Sir, can I enter hpcl, Crompton, bank of Baroda for short term?


  6. suresh babu Says:
    May 12th, 2015
    Posted at: 8:45 am

    Cbji short term target for idea?


  7. Ezhil Says:
    May 12th, 2015
    Posted at: 8:46 am

    Hi CB,

    Target for Andhra Bank and Tata Coffee for today


  8. vijay2015 Says:
    May 12th, 2015
    Posted at: 8:46 am

    Good morning CB , intraday target for Adani power?


  9. CB Says:
    May 12th, 2015
    Posted at: 8:48 am

    Hi senthil, can test 562

    Hi Pramod, sbin can test 278-280. gail around 480

    Hi harshal, no, not sure of a fresh entry in these now

    Hi suresh babu, can test 183

    Hi Ezhil, can add 2-3% today it seems

    Hi vijay2015, Good morning. can test 45


  10. Aradhana Says:
    May 12th, 2015
    Posted at: 8:49 am

    Dear CB Sir,
    Good morning ..!
    I am holding REC and Adani Ports. Please advise which one can do better in a week time ? I will exit other one today.


  11. nidhi Says:
    May 12th, 2015
    Posted at: 8:49 am

    Hi sir

    What is your opinion on drreddy


  12. kkm Says:
    May 12th, 2015
    Posted at: 8:52 am

    if PNB CROSSES 160 WILL IT BE A BUY CALL FOR 170
    OR SELL BELOW 160


  13. CB Says:
    May 12th, 2015
    Posted at: 8:52 am

    Hi Aradhana, Good morning. these are near resistance levels. dont enter yet

    Hi nidhi, it has resistance at 3420. above this can test 3500


  14. Ashok V. Says:
    May 12th, 2015
    Posted at: 8:52 am

    BUY ZEEL @ Bel.315 S/loss 311 TRGT 320-323
    [email protected]


  15. dr sharma Says:
    May 12th, 2015
    Posted at: 8:53 am

    hi cb good morning...piramal ent close @ 1013+.... shall we wait to come @ 1000 or buy at opening? thankss


  16. abdul Says:
    May 12th, 2015
    Posted at: 8:53 am

    WHAT ABOUT CHENNAI PETRO BOUGHT@92

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