Quotes with Resistance & Support
Market Information

Intraday calls for 29-05-12

Posted on: May 29th, 2012 at 8:26 am

Markets likely to open flat. Support for nifty is at 4950 and resistance at 5050

Buy TVS Motors at 35.50, target: 37.20. Stoploss: 34.60 – (Exit from TVS motors at 35.20)

For a technical view on Nifty, Tata motors, Cairn India and ACC, click here:

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469 Responses

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  1. zeko Says:
    May 29th, 2012
    Posted at: 12:31 pm

    Hi CB, Can i buy SBI n Infy @cmp for intraday?


  2. ARCHANAREDDY Says:
    May 29th, 2012
    Posted at: 12:31 pm

    Hi CB, ok thank u sir...can i enter sbin 2050 pe at 5.85/- now....


  3. CB Says:
    May 29th, 2012
    Posted at: 12:32 pm

    Hi vipul, its a hold with sl at 2144 for now..does have resistance in the 2130-2140 range

    Hi raj, tata can see 290. bhel around 222


  4. divya Says:
    May 29th, 2012
    Posted at: 12:32 pm

    i am holding BankNifty 9700CE when should i exit


  5. Jenish Says:
    May 29th, 2012
    Posted at: 12:33 pm

    Dear CB... What about ADSL AND JENSON....?


  6. CB Says:
    May 29th, 2012
    Posted at: 12:33 pm

    Hi SaiPalanivel, as of now seems may close a bit flat

    Hi SAI, its a hold for now. can test 5030

    Hi zeko, no, not yet

    Hi ARCHANAREDDY, most welcome. dont enter sbi pe yet.


  7. ANSH Says:
    May 29th, 2012
    Posted at: 12:33 pm

    hi cb,

    Any possibility nifty to reach 4970/-level before expiry.Rupee down 42 paise against dollar in early trade.will this impact market today?pls advice.


  8. CB Says:
    May 29th, 2012
    Posted at: 12:33 pm

    Hi divya, it can add another 40-50 points. hold for now

    Hi Jenish, as of now these are looking a bit weak. don't enter yet.


  9. SaiPalanivel Says:
    May 29th, 2012
    Posted at: 12:34 pm

    CB SIR, EUROPE MARKET ALSO 1% HIGHER LEVEL OPEN.


  10. CB Says:
    May 29th, 2012
    Posted at: 12:34 pm

    Hi ANSH, as of now seems a bit unlikely.


  11. ARCHANAREDDY Says:
    May 29th, 2012
    Posted at: 12:34 pm

    Hi CB, OK SIR THANK U...


  12. divya Says:
    May 29th, 2012
    Posted at: 12:34 pm

    should i book BankNifty around 9800-9850 or shall i hold till EOD


  13. SS Says:
    May 29th, 2012
    Posted at: 12:34 pm

    Hi CB,
    TVS..Holding fut. No profit/loss. Hold or exit ?


  14. CB Says:
    May 29th, 2012
    Posted at: 12:34 pm

    Hi SaiPalanivel, hmm

    Hi ARCHANAREDDY, most welcome.


  15. CB Says:
    May 29th, 2012
    Posted at: 12:35 pm

    Hi divya, hold for now

    Hi SS, its a hold.


  16. Dinesh Kumar Says:
    May 29th, 2012
    Posted at: 12:35 pm

    CB Please advice on Bharathi 300 PE.....

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