Intraday calls for 14-05-12

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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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CB Says:
May 14th, 2012
Posted at: 12:57 pm
Hi ani, yes, markets did turn weak. hold it for some more time. likely to bounce back
cvrprakash Says:
May 14th, 2012
Posted at: 12:58 pm
Dear CB,
Bought BHEL 240 CA today morning..
As you said its nearing the SL 215 now..... Should I book loss? Or hold?
CB Says:
May 14th, 2012
Posted at: 12:58 pm
Hi cvrprakash, yes, would advice to exit if it breaks 215
CB Says:
May 14th, 2012
Posted at: 12:59 pm
Hi ARCHANAREDDY, not yet.
ARCHANAREDDY Says:
May 14th, 2012
Posted at: 12:59 pm
Hi CB, OK ANY INTRADAY STOCK FOR ME...?
CB Says:
May 14th, 2012
Posted at: 1:00 pm
Hi ARCHANAREDDY, no, as of now none
maria Says:
May 14th, 2012
Posted at: 1:02 pm
sir what is your view about coal india,unitech,godrej prop one week tr s.l
CB Says:
May 14th, 2012
Posted at: 1:02 pm
Hi maria, these are going weak. don't enter tyet.
VJ Says:
May 14th, 2012
Posted at: 1:02 pm
hello CB sir, nifty touched 4890, shall i enter a 4800 PE, and ONGC 240 PE as advised by you
CB Says:
May 14th, 2012
Posted at: 1:03 pm
Hi VJ, go with ongc pe for now.
rishu Says:
May 14th, 2012
Posted at: 1:03 pm
hi CB
Is this start of 2008 pls suggest
CB Says:
May 14th, 2012
Posted at: 1:04 pm
Hi rishu, no, cannot really be sure. as of now seems may continue to remain weak in near term.
maria Says:
May 14th, 2012
Posted at: 1:05 pm
any stock do you prefer for one week
Amit Says:
May 14th, 2012
Posted at: 1:05 pm
Hi CB, Can I short SBIN ????
CB Says:
May 14th, 2012
Posted at: 1:06 pm
Hi Akash, yes, hold it
Hi maria, no, as of now none.
CB Says:
May 14th, 2012
Posted at: 1:06 pm
Hi Amit, no, not yet.