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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Comment pages: 222324252627282930Show all

  1. 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.


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

    Hi kannan mahalingam, technically does have good support near 4950


  3. kannan mahalingam Says:
    May 29th, 2012
    Posted at: 4:18 pm

    hello iam kannan from tamil nadu.please check my message at 2.06 p.m time and reply for the next updation about nifty tomorrow.


  4. Pradeep Says:
    May 29th, 2012
    Posted at: 4:49 pm

    Hi CB, Dear, looks to me, nifty might open above today's high tomorrow, like 40-50 points higher, followed by a severe fall.

    what's your view on this?


  5. SAI Says:
    May 29th, 2012
    Posted at: 4:51 pm

    HI CB BYE HAPPY EVENING


  6. CB Says:
    May 29th, 2012
    Posted at: 5:00 pm

    Hi kannan mahalingam, ok

    Hi Pradeep, looking at global queues, seems may open a bit higher. lets see how US markets close

    Hi SAI, you too have a good evening.


  7. Dinesh Says:
    May 29th, 2012
    Posted at: 5:09 pm

    Any view on TataMotors Results today


  8. Rajkamal Says:
    May 29th, 2012
    Posted at: 5:16 pm

    CB,hw about punj luod for long term?


  9. vishal Says:
    May 29th, 2012
    Posted at: 5:18 pm

    i have shorted sbin june futures@ 2097.5, it closed around 2110, will i get to see lower levels? thanks in advance.


  10. Vipin Says:
    May 29th, 2012
    Posted at: 5:26 pm

    hi
    Tata motors beats the street estimates


  11. CB Says:
    May 29th, 2012
    Posted at: 5:44 pm

    Hi Dinesh, results are better than expected

    Hi Rajkamal, stock has not really given investors returns in last 5 yrs. would advice to go with bhel instead

    Hi vishal, yes, hold it. does have strong resistance near 2130-2140


  12. 555 Says:
    May 29th, 2012
    Posted at: 5:49 pm

    Hi CB, dollar made a high of 55.70 and some analysts are telling that dollar will reach 59,60.will markets fall from tomorrow?


  13. Pradeep Says:
    May 29th, 2012
    Posted at: 5:57 pm

    Hi CB, Dear, BPCL has announced 1:1 bonus share a couple of days ago.

    does that mean, equity holders investment in BPCL will simply double? if yes, can it be bought now to become eligible for bonus issue? i guess not, otherwise nobody would sell BPCL before getting bonus. then how and whom does this benefit?


  14. surya Says:
    May 29th, 2012
    Posted at: 6:17 pm

    Hey CB,

    Didn't do well with today's calls for TVS,With Minor Loss, Thats alright its part of this business.

    Did u notice Vinkys ! it rallied 15%, Do u think its a buy now or wait for more down side ?

    Regards
    Suryas


  15. SANDIP Says:
    May 29th, 2012
    Posted at: 6:39 pm

    sir i ve 500 share of TVSMOTOR at 35.80 but its trading now 35.20 and getting huge loss. I followed ur advice today. please sir tell what should i do ? reply soon


  16. ssv Says:
    May 29th, 2012
    Posted at: 6:45 pm

    hi cb GE

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