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. tarun Says:
    May 29th, 2012
    Posted at: 9:32 pm

    hi kartik,

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


  2. :: money :: Says:
    May 29th, 2012
    Posted at: 9:45 pm

    thanks Chirag !!
    :) f


  3. Kartik Says:
    May 29th, 2012
    Posted at: 9:53 pm

    Hi ansh, hold it with a SL at 5020, Markets have been quite volatile lately

    Hi tarun, hold it with a SL at 5020, Markets have been quite volatile lately, support at 4960, if broken can see 4910

    Hi :: money ::, most welcome


  4. Gitanjali Says:
    May 29th, 2012
    Posted at: 10:08 pm

    Hi Kartik, Hi SM, May I have you opinion on silver and base metals plz?Hi Kb, HI


  5. Gitanjali Says:
    May 29th, 2012
    Posted at: 10:09 pm

    your opinion


  6. gopal Says:
    May 29th, 2012
    Posted at: 10:12 pm

    Kartik sir

    i holding may Expiry SBIN 2150 call at an average price of 23/-. tomorrow can i expect my cost price. what about tomorrow market


  7. shashi Says:
    May 29th, 2012
    Posted at: 10:13 pm

    HI KARTIK GE.....
    TOMORROW MARKET LEVELS.....
    AXIS BANK TOMORROW TARGET......
    PLZ TELL ME SIR.......THANKS


  8. shashi Says:
    May 29th, 2012
    Posted at: 10:16 pm

    HI KVK WHERE ARE YOU....


  9. SM Says:
    May 29th, 2012
    Posted at: 10:51 pm

    Hi Gitanjali, GE. Silver looks weak on charts for very short period of time. But as long as 53500 holds for the first month's contract, can go up. According to me, all long should have a SL of just below 53500. All shorts can cover between 53500 to 54200. All rates of first month's futures...


  10. SM Says:
    May 29th, 2012
    Posted at: 10:53 pm

    taking a sabbatical frm NG


  11. SM Says:
    May 29th, 2012
    Posted at: 10:56 pm

    anybody who allowed my post... can u plz tell me why it was not allowed in the first place?


  12. Kartik Says:
    May 29th, 2012
    Posted at: 10:57 pm

    Hi SM, GE, it seems you email was being Marked as spam, I have added it to the approved list and henceforth you should not face any issues


  13. SM Says:
    May 29th, 2012
    Posted at: 10:58 pm

    good bye all forever. thanks for all your kind comments


  14. SM Says:
    May 29th, 2012
    Posted at: 11:02 pm

    Hi Kartik, GE. After all these time ( read years ), now you are telling me my email being marked as spam. Take care. Bye


  15. Kartik Says:
    May 29th, 2012
    Posted at: 11:13 pm

    Hi SM, sorry, but its a automated software, every comment automatically goes through it, i had unmarked it previously too, but not sure why it didnt stop it


  16. Kartik Says:
    May 29th, 2012
    Posted at: 11:15 pm

    Hi Gitanjali, GE, sorry, but not really sure about commodities

    Hi gopal, would advice to book on rise tomorrow, as it could see some profit booking ahead

    Hi shashi, GE

    Hi shashi, seems may open flat, axis bank can see 1036

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