Intraday calls for 29-05-12

Quotes with Resistance & Support

Market Information

Intraday calls for 29-05-12

Posted on: May 29th, 2012 at 8:26 am

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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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dak Says:
May 29th, 2012
Posted at: 8:43 am
by the way - should I hedge with 9800 call for may series or june ?
kamal Says:
May 29th, 2012
Posted at: 8:43 am
hi cb good morning should i enter tatamtdvr, hdil sanwaria agro?
Abhija Says:
May 29th, 2012
Posted at: 8:44 am
Hi good morning sir,
can i enter tvs motors for intraday.
CB Says:
May 29th, 2012
Posted at: 8:44 am
Hi dak, :). go with june series
Hi kamal, Good morning. go with hdil for now.
CB Says:
May 29th, 2012
Posted at: 8:44 am
Hi Abhija, Good morning. yes.
ARUN BJ Says:
May 29th, 2012
Posted at: 8:46 am
hi kartik can i average tvs at current level holding 50 share at 80 level last 2 year
CB Says:
May 29th, 2012
Posted at: 8:47 am
Hi ARUN BJ, yes, can look to add few here.
gaps Says:
May 29th, 2012
Posted at: 8:47 am
Hi CB, how is lic and ibreal looking for today?
kailash Says:
May 29th, 2012
Posted at: 8:49 am
Hi CB,
I am holding one lot of Bharat Electronics at 1350, should i replace it with some other stock to recover my cost.
TA
CB Says:
May 29th, 2012
Posted at: 8:49 am
Hi gaps, lic has some resistance at 247. ib real can see 56
CB Says:
May 29th, 2012
Posted at: 8:49 am
Hi kailash, not yet. hold it. its a good bet too
kailash Says:
May 29th, 2012
Posted at: 8:50 am
Tnx for your kind help!!!
pal Says:
May 29th, 2012
Posted at: 8:51 am
hey CB...can i buy SBI for intraday?....whats the target?
ARUN BJ Says:
May 29th, 2012
Posted at: 8:51 am
i plan to buy 100 if it moving 5 to 6 rs in short term ll help to recover can i keep stop loss at 34 which is 9 day dma
CB Says:
May 29th, 2012
Posted at: 8:52 am
Hi Akash, yes
Hi kailash, most welcome
Hi pal, yes, can test 2130-240
Hi ARUN BJ, yes, thats fine.
ttsathya Says:
May 29th, 2012
Posted at: 8:53 am
GM.Buy or short USDINR @ Open