Intraday calls for 14-05-12

Quotes with Resistance & Support

Market Information

Intraday calls for 14-05-12

Posted on: May 14th, 2012 at 8:25 am

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Markets likely to open flat. Support for nifty is at 4890 and resistance at 4980.

Buy Mahindra & Mahindra above 658, target: 672. Stoploss: 646 – (Book profit in M&M at 669-670)

1.09pm – SL triggered in Jindal Steel & Power

For a technical view on Nifty, DLF and Jindal Steel & Power, click here.

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527 Responses

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Kb Trader Says:
May 14th, 2012
Posted at: 8:27 am
Good Morning cb
CB Says:
May 14th, 2012
Posted at: 8:29 am
Hi Kb Trader, Good morning..
micky-intrday Says:
May 14th, 2012
Posted at: 8:29 am
good morning cb and kb
CB Says:
May 14th, 2012
Posted at: 8:29 am
Hi micky-intrday, Good morning.
natasha singh Says:
May 14th, 2012
Posted at: 8:31 am
Hi CB... I am a little confused...both resistance and support are at same level is it?
CB Says:
May 14th, 2012
Posted at: 8:32 am
Hi natasha singh, sorry! thanks for checking. I have corrected it.
natasha singh Says:
May 14th, 2012
Posted at: 8:33 am
Thats okay...And do u see nifty running bullish back to 5200 level before option expiry...v v imp for me..
micky-intrday Says:
May 14th, 2012
Posted at: 8:34 am
howz manapuram short luking on rise ?:)
shame Says:
May 14th, 2012
Posted at: 8:35 am
hai cb shall i sbin 2200 CE today or axis bank CE1100
pls advice me
Kb Trader Says:
May 14th, 2012
Posted at: 8:35 am
Hi micky-intrday, good morning
CB Says:
May 14th, 2012
Posted at: 8:37 am
Hi natasha singh, no, not sure of 5200 yet. as of now seems can test 5000. if manages to trade above it for a day or 2, then could move higher
Hi micky-intrday, seems can add another 3-5%
Hi shame, no, not sure of entering these yet.
harsha Says:
May 14th, 2012
Posted at: 8:38 am
HI CB , Can i go short on IRB ..in the opening of the market ?
natasha singh Says:
May 14th, 2012
Posted at: 8:39 am
hmm...okay thank you..have a nice day
CB Says:
May 14th, 2012
Posted at: 8:40 am
Hi harsha, its corrected quite a bit recently. not sure of taking a fresh short now
CB Says:
May 14th, 2012
Posted at: 8:40 am
Hi natasha singh, most welcome. you too have a good day
harsha Says:
May 14th, 2012
Posted at: 8:42 am
how about going short on Tata power