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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Comment pages: 5 6 789 10 11 12 13 Show all

Mrp Says:
May 12th, 2015
Posted at: 10:47 am
ok Bhavik, txs. but i can hold up to this week end. any chance to hit 145-150 in this week?
Vimal Says:
May 12th, 2015
Posted at: 10:48 am
GM CB: Can I short DRREDDY at the current price?
YASH Says:
May 12th, 2015
Posted at: 10:48 am
CB
Holding ICICI 330 CE is it hold or exit and stop loss pls
Ran Says:
May 12th, 2015
Posted at: 10:50 am
Cb sir, ur view on apollo tyre please. When is the result
CB Says:
May 12th, 2015
Posted at: 10:51 am
Hi Eswari, yes, will need to hold a bit longer. markets are going quite weak
Hi Vimal, no, not yet
Hi YASH, ok. hold for now. if possible hedge with a 300pe for now
Hi Ran, it is going a bit weak. dont enter yet. not sure of the results date.
suguraman Says:
May 12th, 2015
Posted at: 10:52 am
sir gail intra target
CB Says:
May 12th, 2015
Posted at: 10:52 am
Hi suguraman, should bounce back to 370+
suguraman Says:
May 12th, 2015
Posted at: 10:53 am
thank u
Mrp Says:
May 12th, 2015
Posted at: 10:54 am
Hi CB, i can hold HINDALCO up to this week end. any chance to hit 145-150 in this week? tq.
venkat Says:
May 12th, 2015
Posted at: 10:54 am
sir nifty go down further?
trade4444 Says:
May 12th, 2015
Posted at: 10:56 am
Dear CB,
I am sorry to say, but am not getting any reply for any of my queries since 2 days.
Sorry, if I am wrong somewhere.
Ran Says:
May 12th, 2015
Posted at: 10:56 am
Thank u
Sp Says:
May 12th, 2015
Posted at: 10:56 am
Hi cb sir,
Any chance for PEL to bounce back?
I entered around 998.
Sandeep Says:
May 12th, 2015
Posted at: 10:57 am
Hi CB, Is this just one day correction or is it a bear market that will fall further?
Can we buy ONGC ?
lokesh Says:
May 12th, 2015
Posted at: 10:58 am
Dear sir,
is any chance market could be recover on today ends.
Thanks

Lokesh
CB Says:
May 12th, 2015
Posted at: 11:00 am
Hi suguraman, most welcome
Hi Mrp, ok. hold for now. keep sl near 137
Hi venkat, yes, does seem so
Hi trade4444, sorry! maybe was not online. best to wait for few days before entering stocks for long term
Hi Ran, most welcome
Hi Sp, yes, lets hold for now
Hi Sandeep, technically seems can fall further
Hi lokesh, seems a bit unlikely