Quotes with Resistance & Support
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Intraday calls for 28-05-14

Posted on: May 28th, 2014 at 8:25 am

Markets likely to open flat. Support for nifty is at 7270 and resistance at 7340.

Buy Hindalco at 149.70, target: 154. Stoploss: 147. Trade in small quantities. – (Continue to hold Hindalco for BTST. . Looks good technically)

10.06am – Book profit in Aban offshore at 714

Thought for the day: “Begin, be bold, and venture to be wise.” ― Horace

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260 Responses

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  1. CB Says:
    May 28th, 2014
    Posted at: 8:51 am

    Hi Vishal, can add in small quantity for now

    Hi raj, Good morning. it does look good. hold for short term.

    Hi Mahesh, Good morning. these are a hold for short term. dont add more yet.


  2. CB Says:
    May 28th, 2014
    Posted at: 8:51 am

    Hi Shiva, these are looking good for short term. hold onto these for now. dont add more.


  3. amolo Says:
    May 28th, 2014
    Posted at: 8:52 am

    Hi CB,

    Any view on USL ?? Have 2800 CE expiry on thursday

    Regards,
    Amolo


  4. CB Says:
    May 28th, 2014
    Posted at: 8:53 am

    Hi amolo, Its a hold. can add 20-25rs today


  5. amolo Says:
    May 28th, 2014
    Posted at: 8:54 am

    Thanks CB


  6. NOUSHI Says:
    May 28th, 2014
    Posted at: 8:55 am

    Hi CB, Sir I am still holding Hindalco 160 call in lost. ur call gave me a new hope. Can i expect at least Rs.2 ?. CMP is .85


  7. CB Says:
    May 28th, 2014
    Posted at: 8:55 am

    Hi amolo, most welcome.


  8. Prathmesh Says:
    May 28th, 2014
    Posted at: 8:55 am

    Goodmorning CB sir, how much more days Timken will take to start upside journy?


  9. CB Says:
    May 28th, 2014
    Posted at: 8:55 am

    Hi NOUSHI, technically it does look good. lets hold for now.


  10. CB Says:
    May 28th, 2014
    Posted at: 8:55 am

    Hi Prathmesh, Good morning. hold it for a weeks time.


  11. van Says:
    May 28th, 2014
    Posted at: 8:56 am

    goodmorning cb, pl suggest targets of LT & WIPRO for longterm investment


  12. Prathmesh Says:
    May 28th, 2014
    Posted at: 8:56 am

    and @ what level you suggest to exit in Timken?


  13. CB Says:
    May 28th, 2014
    Posted at: 8:57 am

    Hi van, Good morning. LT can test 2200 in long term. not sure of wipro yet. is going a bit weak

    Hi Prathmesh, around 235-238


  14. pramod Says:
    May 28th, 2014
    Posted at: 8:58 am

    hi CB
    yesterday i hold LT 1600CE @ 24, now its 16, how u see it today?
    hold or exit, tom is expiry.


  15. van Says:
    May 28th, 2014
    Posted at: 8:59 am

    sir i want to know the RIGHT level to enter in both stocks LT & WIPRO


  16. CB Says:
    May 28th, 2014
    Posted at: 8:59 am

    Hi pramod, its a hold. can see a bounce today

    Hi van, can add few of LT at cmp. not sure of wipro yet

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