Intraday calls for 12-05-15

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Intraday calls for 12-05-15

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

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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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ruchik bhatt Says:
May 12th, 2015
Posted at: 9:14 am
Good morning CB sir, what is your view for Reliance communication for intraday?
Ezhil Says:
May 12th, 2015
Posted at: 9:14 am
Target for JPAssociates for today and for this week
CB Says:
May 12th, 2015
Posted at: 9:14 am
Hi sujitha, it does look good technically. hold for few days. can test 130-132
Hi RD, most welcome
Sanjeev Says:
May 12th, 2015
Posted at: 9:15 am
what about ashok leyland
CB Says:
May 12th, 2015
Posted at: 9:15 am
Hi ruchik bhatt, Good morning. can test 66
Hi Ezhil, can test 20.2 today. in short term around 23.
AJ Says:
May 12th, 2015
Posted at: 9:16 am
Enter HINDALCO for intraday?
CB Says:
May 12th, 2015
Posted at: 9:16 am
Hi Sanjeev, can test 75.2
YASH Says:
May 12th, 2015
Posted at: 9:16 am
CB
GM ICICI intra target pls
CB Says:
May 12th, 2015
Posted at: 9:17 am
Hi AJ, not yet. can add few above 143.
CB Says:
May 12th, 2015
Posted at: 9:17 am
Hi YASH, can test 325
CB Says:
May 12th, 2015
Posted at: 9:18 am
ill be back in 30 min
AJ Says:
May 12th, 2015
Posted at: 9:19 am
Enter APolo tyres for intraday?
ruchik bhatt Says:
May 12th, 2015
Posted at: 9:23 am
ok thank you sir,
ruchik bhatt Says:
May 12th, 2015
Posted at: 9:24 am
Sir, what is your view for the DLF for intraday?
Sandesh Says:
May 12th, 2015
Posted at: 9:28 am
Hi ruchik bhatt, DLF seems week. Support at 127.50. Can go down further.
sanjay gaekwad Says:
May 12th, 2015
Posted at: 9:30 am
Hi, CB If Nifty break support 8220 how much can test and what should be SL ?