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. CB Says:
    May 29th, 2012
    Posted at: 7:21 pm

    Hi 555, as of now seems like a flat opening. lets see. dollar can test 56.50-57 in near term

    Hi Pradeep, no, the quantity will double and stock price will correct by 50%

    Hi surya, yes, did not really work out today. venkeys has resistance at 405. above this will do well

    Hi SANDIP, hold it for 1-2 days. can see 37

    Hi ssv, Good evening

    Hi nithin2009, these are good long term bets. for now go with hindalco. dont enter edserv yet as it looks weaker.


  2. Jackie Says:
    May 29th, 2012
    Posted at: 7:25 pm

    Hi CB,

    Whats ur view on SAIL results? How it will shape up tomorrow ?

    Thanks
    Jackie


  3. wajeed Says:
    May 29th, 2012
    Posted at: 7:29 pm

    hi cb i enter in suzlon @21.25 at what price can i book profits pls suggest thanks


  4. ARIJIT Says:
    May 29th, 2012
    Posted at: 7:34 pm

    Hi CB,
    Ge, one of my friend is holding SUN PHARMA FUT at 590, pls. suggest what to do?


  5. ramsingh Says:
    May 29th, 2012
    Posted at: 7:35 pm

    Hi CB!
    If Possible Lanco Infratech to cross the resistence of Rs.14 level.


  6. siva Says:
    May 29th, 2012
    Posted at: 7:40 pm

    Hi Cb,

    Good Evening....

    How the market will react in june series..

    Any suggestions to buy nifty CE or PE for june series?


  7. airbites Says:
    May 29th, 2012
    Posted at: 7:51 pm

    Hi CB,

    I have 5300CE, Can i sell it on expiry day? Asking coz i am not sure i will get any buyers later on the day of expiry or there will be sum buyers?


  8. :: money :: Says:
    May 29th, 2012
    Posted at: 7:55 pm

    hi CB
    your thoughts on TATA Motors, for tomorrow and for expiry !!??
    :) f


  9. CBT Says:
    May 29th, 2012
    Posted at: 7:59 pm

    how much more will rupee fall?


  10. Kb Says:
    May 29th, 2012
    Posted at: 8:08 pm

    hey cb.. how are u?


  11. tuff money Says:
    May 29th, 2012
    Posted at: 8:22 pm

    Hi Cb,

    i've started doing fx too and remember its something you and kb were looking at a while back... If your still tracking, would you reckon its good to go long in eur / usd above 1.264 for a few days?


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

    cb bhai view on reliance till expiry


  13. profit Says:
    May 29th, 2012
    Posted at: 8:39 pm

    kb traders
    hai,well come back..we are waiting you sir.

    namasteji


  14. Kartik Says:
    May 29th, 2012
    Posted at: 9:08 pm

    Hi Jackie, faces resistance at 95, if broken could see higher levels

    Hi wajeed, its in a downtrend, would advice to avoid it for now

    Hi ARIJIT, hold the long with a SL at 560

    Hi ramsingh, it can continue its rally if Markets manage to add another 2-3%

    Hi siva, seems uncertain, a PE can be entered if we break 4960

    Hi airbites, Yes, you can do so, but its can be a risky trade, if the volume traded on the contract is low

    Hi :: money ::, posted strong results, seems may open higher around 282

    Hi hitesh, looks weak, strong support at 695

    Hi CBT, could add another .70-1 rupee

    Hi tuff money, GE, shall ask CB to reply

    Hi Kb, GE


  15. ansh Says:
    May 29th, 2012
    Posted at: 9:22 pm

    hi cb,

    Holding 4900 pe@13 averaged. large qty. before expiry can i get buy price.or can i sell at the opening?or wait for 2 days? advice pls.


  16. tarun Says:
    May 29th, 2012
    Posted at: 9:28 pm

    hi kartik,

    where do you see expiry,
    also, i have shorted nifty at 5000, stop loss & target ??
    thnaks

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