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. TradeWarrior Says:
    May 28th, 2014
    Posted at: 10:29 am

    Hi Ezhil,

    Bharat Forge, Resistance1 517 & Resistance2 535, if it crosses this then can hit Target: 355-360 in short term.

    WOCKPHARMA, not sure however, technically seems weak. (Support at 647)


  2. TradeWarrior Says:
    May 28th, 2014
    Posted at: 10:32 am

    Ezhil, Correction on target in Bharat Forge read target as 555-560.


  3. Nilesh Says:
    May 28th, 2014
    Posted at: 10:33 am

    K K, Shorted Reliance Future @ 1097 Please suggest where to exit


  4. punit lohia Says:
    May 28th, 2014
    Posted at: 10:33 am

    Dear Sir, please suggest me for jet airways I am worried because of the bad results.


  5. Ankit Sharma Says:
    May 28th, 2014
    Posted at: 10:34 am

    Hi Sir
    I need your advice on whether to enter gail at current levels or not for investment of 2-3 months.
    Or any other stock which you think will be good ?


  6. Master Trader Says:
    May 28th, 2014
    Posted at: 10:37 am

    Intraday.

    Sell nifty at 7313 Target 7298/7275 stop 7330

    Purely intraday. High accuracy calls.


  7. CB Says:
    May 28th, 2014
    Posted at: 10:40 am

    Hi Ankit Sharma, can add in small quantity for now

    Hi punit lohia, it posted weak results. if looking for long term, can hold onto it

    Hi AJAXX, no, looks weak

    Hi Priyabrata, its a hold. can test 140

    Hi avvsnr, Good morning. most welcome.


  8. Arun kumar Says:
    May 28th, 2014
    Posted at: 10:41 am

    Hi CB sir, could you please advise me on one life cap....should I hold or sell


  9. Shree Says:
    May 28th, 2014
    Posted at: 10:41 am

    Hi CB,

    Hindalco holding period pls..


  10. CB Says:
    May 28th, 2014
    Posted at: 10:41 am

    Hi Arun kumar, its a hold for now.


  11. Master Trader Says:
    May 28th, 2014
    Posted at: 10:42 am

    Hi CB, Hello.


  12. CB Says:
    May 28th, 2014
    Posted at: 10:42 am

    Hi Shree, can expect a bounce in 2nd half today lets hold


  13. CB Says:
    May 28th, 2014
    Posted at: 10:43 am

    Hi Master Trader, Good morning.


  14. Pintu Says:
    May 28th, 2014
    Posted at: 10:43 am

    Sir

    HDIL & IDEA target today pls.


  15. Arun kumar Says:
    May 28th, 2014
    Posted at: 10:43 am

    Thanks cb sir


  16. K K Says:
    May 28th, 2014
    Posted at: 10:44 am

    Hi Ankit Sharma,
    If markets correct from here, GAIL also corrects along with Nifty. Wait for correction to happen. Then you can pick the fundamentally good stocks. GAIL gave below expected results, so yesterday tanked more than 7%. Today it continues. Let it fall.

    Hi Nilesh,
    If Nifty corrects, Reliance may loose atleast 10 points from yesterday close in cash. Can't track the future prices now. It fell from its today's highs and trading flat now., Book now and try to enter on some recovery.

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