Quotes with Resistance & Support
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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. CB Says:
    May 29th, 2012
    Posted at: 8:31 am

    Hi Naran, Good morning

    Hi J, Good morning.


  2. pradip Says:
    May 29th, 2012
    Posted at: 8:33 am

    HI CB , WAT ABOUT TVS...ANY NEWS...SUD WE BUY AS SOON AS THE MARKET OPENS?


  3. CB Says:
    May 29th, 2012
    Posted at: 8:34 am

    Hi pradip, yes, can enter at opening. technically seems can add some more from here. also posted good results


  4. kailash Says:
    May 29th, 2012
    Posted at: 8:34 am

    Hi CB,

    Target for BHEL & IOC for intraday...

    Tnx


  5. CB Says:
    May 29th, 2012
    Posted at: 8:35 am

    Hi kailash, bhel can see 221. ioc may remain a bit flat


  6. kailash Says:
    May 29th, 2012
    Posted at: 8:36 am

    Tnx CB


  7. raja Says:
    May 29th, 2012
    Posted at: 8:36 am

    Hi CB, can i buy BAJAJ-AUTO intraday for a target of 1540


  8. CB Says:
    May 29th, 2012
    Posted at: 8:37 am

    Hi kailash, most welcome

    Hi raja, yes, can enter with sl at 1490


  9. kailash Says:
    May 29th, 2012
    Posted at: 8:38 am

    Hi CB,

    Can I avg rei agro at CMP...

    Tnx


  10. CB Says:
    May 29th, 2012
    Posted at: 8:38 am

    Hi kailash, no, don't add more of it yet.


  11. dak Says:
    May 29th, 2012
    Posted at: 8:39 am

    CB, still holding that short in bank nifty futures (at 9292) - any lower levels where I can square off with minimal losses ?


  12. SS Says:
    May 29th, 2012
    Posted at: 8:40 am

    Hi CB,
    Good Morning, BoB and Axis tgt for today ? Thanks


  13. gopal Says:
    May 29th, 2012
    Posted at: 8:41 am

    CB .. Good Morning

    SBIN today residence & support level for intraday, bcoz i holding SBIN 2150 call at an average price Rs.23/- shall i exit today morning. plz advice sir


  14. CB Says:
    May 29th, 2012
    Posted at: 8:42 am

    Hi dak, we will need to hedge with a 9800 ce for now. shall hold till expiry. with gdp too on thrusday, markets may turn volatile

    Hi SS, good morning. axis can see 1045. bob around 700


  15. CB Says:
    May 29th, 2012
    Posted at: 8:42 am

    Hi gopal, Good morning. it can head upto 2140. hold it. has support at 2080


  16. dak Says:
    May 29th, 2012
    Posted at: 8:42 am

    wow - cb - thats some ray of hope for me. Thanks !

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