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

    sir, holding 5000pe in loss kindly suggest


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

    Hi ani, it can test 101 in coming days. hold it.

    Hi Venkat, its a hold with sl at 5020. can test 4950


  3. CB Says:
    May 29th, 2012
    Posted at: 3:33 pm

    Hi :: money ::, ok. lets hope for the best.


  4. Akash Says:
    May 29th, 2012
    Posted at: 3:33 pm

    Hi CB, I shud hv sold CE at 30+ :( Anyway, hold Unitech and Electrotherm. When we can buy PE or CE for June?


  5. ani Says:
    May 29th, 2012
    Posted at: 3:35 pm

    Hi CB,


    sir after getting a profit of 24% sail shares goes down...why ....


  6. Aji Says:
    May 29th, 2012
    Posted at: 3:37 pm

    CB, Me hav Muthootfin bought for 125, whats to do its goin dwn, hold or exit?


  7. STREET DON Says:
    May 29th, 2012
    Posted at: 3:40 pm

    HELLO FRIENDS.... MY CALL GIVEN ON WIPRO AT 401.50 LEVEL FOR TARGET OF 407, NOW WIPRO AT 410 TOUCHED HIGHEST 411.50 LEVEL..


  8. ds5p Says:
    May 29th, 2012
    Posted at: 3:45 pm

    UPA govt should go now


  9. CB Says:
    May 29th, 2012
    Posted at: 3:51 pm

    Hi Akash, oh ok. as of now no new call. lets wait till expiry

    Hi bk, no, likely to see an upmove soon

    Hi ani, seems like profit booking

    Hi Aji, will need to hold it for med term. likely to recover. don't add more of it yet

    Hi STREET DON, thanks


  10. ANSH Says:
    May 29th, 2012
    Posted at: 3:54 pm

    hi cb,

    if market comes t0 4950 what would be the price of 4900 pe? pls suggest.


  11. Aji Says:
    May 29th, 2012
    Posted at: 3:59 pm

    What abt ADSL sir...also plz sugst sum gud stocks which costs btwn 50-100...Thanks.


  12. kannan mahalingam Says:
    May 29th, 2012
    Posted at: 3:59 pm

    hello


  13. pareshdoshi Says:
    May 29th, 2012
    Posted at: 4:00 pm

    hi cb,gvk can be bought @ current level?


  14. Sohan Says:
    May 29th, 2012
    Posted at: 4:09 pm

    Hello CB,

    SAIL did not sustain the jump after the results declaration. What was the reason for that. Can you please give your opinion.

    Sohan


  15. kannan mahalingam Says:
    May 29th, 2012
    Posted at: 4:13 pm

    check my message at 2.06 p.m time and reply please.


  16. CB Says:
    May 29th, 2012
    Posted at: 4:16 pm

    Hi ANSH, may not see much of an action in may series put. could add 20 odd %

    Hi Aji, adsl is in a downtrend dont enter it yet. for short/ med term can add few of ifci

    Hi pareshdoshi, no, not sure of entering it yet. looks a bit weak

    Hi Sohan, not really sure. possible they were in line with market expectations.

    Hi kannan mahalingam, they are there in the previous pages.

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