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: 34567891011Show all

  1. santosh kumar Says:
    May 12th, 2015
    Posted at: 9:32 am

    Sslt can buy at cmp 224 ? For intraday stoplos ?


  2. Lakshmi YVS Says:
    May 12th, 2015
    Posted at: 9:41 am

    HI CB SIR MORNING, Do you expect any bounce back from here? Please guide me, since I hold Bank Nifty long @ 18545


  3. Mrp Says:
    May 12th, 2015
    Posted at: 9:51 am

    Hi CB, HINDALCO going down. bot@ 142. hold or exit, any chance to recover today? tq


  4. Bhavik Says:
    May 12th, 2015
    Posted at: 10:00 am

    Sell PNB Around 144.00 - 144.50 for target of 141 and Stoploss of 145.5..


  5. Bhavik Says:
    May 12th, 2015
    Posted at: 10:01 am

    Sell PNB (FO) Around 144.00 - 144.50 for target of 141 and Stoploss of 145.5..


  6. trade4444 Says:
    May 12th, 2015
    Posted at: 10:05 am

    Dear CB,

    Pls advise which one to buy now for 6 months to 1 year horizon-
    HBL Power,
    Ashok Leyland
    HDIL
    Prism Cements


  7. Satish Says:
    May 12th, 2015
    Posted at: 10:05 am

    axis can test 558. suntv around 372. licH may remain a bit flat...Shall I hold these still Sir, Thanks you.. Axis entered @552 Suntv @368 & LICH @ 428


  8. Karna Says:
    May 12th, 2015
    Posted at: 10:08 am

    Hi Ashok V, Hi CB sir

    Holding Nifty 7000PE 40 lots @ 1.60, please suggest what to do ?

    shall i book profit @ CMP or wait ?

    Thanks in advance.


  9. KAMLESH Says:
    May 12th, 2015
    Posted at: 10:08 am

    Can I buy Paramal @1005/for intraday-please suggest


  10. shiuli Says:
    May 12th, 2015
    Posted at: 10:09 am

    gm cb sir i have bought hero motor fut @ 2431, plz advice me for intraday and tell me also trgt


  11. Bhavik Says:
    May 12th, 2015
    Posted at: 10:13 am

    Book Profit in PNB (FO). 141 Target achieved.. Made low of 140.15.. Cheers :)


  12. Bhavik Says:
    May 12th, 2015
    Posted at: 10:18 am

    Hi shiuli, Hold with Sl of 2420... Cheers Hero @ 2444. Can book Profit around 2450 - 2460.


  13. vijay2015 Says:
    May 12th, 2015
    Posted at: 10:20 am

    Hello CB : Are there chance Adani power will rebounce today?


  14. Ali Says:
    May 12th, 2015
    Posted at: 10:21 am

    Hi CB Sir,
    What is your view abt IDEA Cellular plz


  15. shiuli Says:
    May 12th, 2015
    Posted at: 10:21 am

    CB SIR BOOKED PROFIT HEROMOTOR FUT @ 2445


  16. shiuli Says:
    May 12th, 2015
    Posted at: 10:23 am

    hi Bhavik, booked profit.thanks @2445

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