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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Gina Says:
May 12th, 2015
Posted at: 10:24 am
what a tragedy...
Gina Says:
May 12th, 2015
Posted at: 10:27 am
did anybody see this coming??... is there intraday recovery in sight??
Bhavik Says:
May 12th, 2015
Posted at: 10:27 am
Hi shiuli, You should have hold it for little while. It touched 2458. But its ok. You are in profit.. :)
shiuli Says:
May 12th, 2015
Posted at: 10:30 am
yes
aby Says:
May 12th, 2015
Posted at: 10:31 am
cb sir View on ongc..stuck in 340ce at 4.2
partha Says:
May 12th, 2015
Posted at: 10:32 am
HI CB CAN I BUY NCC?
CB Says:
May 12th, 2015
Posted at: 10:35 am
Hi partha, no, not yet
Hi aby, yes, hold for now. keep sl near 311

Hi Gina, nope. recovery seems a bit unlikely
Hi shiuli, nice to hear that.
mrp Says:
May 12th, 2015
Posted at: 10:39 am
hi cb , HINDALCO going down. hold or exit. any chance to recover today.
CB Says:
May 12th, 2015
Posted at: 10:39 am
Hi mrp, exit for now. may remain weak today
CB Says:
May 12th, 2015
Posted at: 10:40 am
Hi Karna, lets hold for now. can see some more downside.
HARSH Says:
May 12th, 2015
Posted at: 10:41 am
BOUGHT PIRAMAL@ 995, SHALL WAIT OR EXIT ?
CB Says:
May 12th, 2015
Posted at: 10:41 am
Hi Vishal, hold for now
Hi HARSH, its a hold for now.
ST Says:
May 12th, 2015
Posted at: 10:41 am
Hi CB
Bot Hindalco @ 143 yesterday
Hold or book loss?
Bhavik Says:
May 12th, 2015
Posted at: 10:42 am
Hi mrp, If tries to sustains above 140 can recover. Otherwise less chances...
CB Says:
May 12th, 2015
Posted at: 10:45 am
Hi ST, its a hold for now
Hi Vishal, not yet
Eswari Says:
May 12th, 2015
Posted at: 10:46 am
Hi CB Sir,
I hold chambal fertilizer @ 75......
Plz suggest.