Quotes with Resistance & Support
Market Information

Intraday calls for 28-05-12

Posted on: May 28th, 2012 at 8:32 am

Markets likely to open flat. Support for nifty is at 4870 and resistance at 4950

Buy Hindalco industries at 111.90, target: 116. Stoploss: 108 – (book profit at 115)

3.08pm – Book profit in 4900ce at 78-80

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470 Responses

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  1. vino Says:
    May 28th, 2012
    Posted at: 8:33 am

    hai cb wat abt voltas for intraday


  2. shame Says:
    May 28th, 2012
    Posted at: 8:34 am

    hai cb good morning

    i am holding Lanco infra 5000shares at 12.80 shall i hold it


  3. CB Says:
    May 28th, 2012
    Posted at: 8:38 am

    Hi vino, has resistance at 103. above this can see 105.50

    Hi shame, Good morning. its a hold for short term. can see 14

    Hi Akash, Good morning. yes, hold for now. voltas has resistance at 103. not sure of electrotherm.


  4. Ani Says:
    May 28th, 2012
    Posted at: 8:39 am

    Cb sir

    Holding 4800pe@49 n 4900 ce @65
    Plz advice.....


  5. CB Says:
    May 28th, 2012
    Posted at: 8:39 am

    Hi Ani, these are a hold for now. shall exit the pe if nifty crosses 4950


  6. Ani Says:
    May 28th, 2012
    Posted at: 8:45 am

    Sir,

    If i sell the pe thn aftr som tim if it comes below 4900.... This thing i m seeing frm the last few trends.... Once i sell the pe or ce the market goes in the opposite direction....
    As my total investment was around 120*50=6000....
    Plz advice


  7. CB Says:
    May 28th, 2012
    Posted at: 8:47 am

    Hi Akash, ok

    Hi Ani, yes, nifty has not managed to cross 4950 for some time. once it does manage to cross it, chances are it will move higher near 4980-5000

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