Quotes with Resistance & Support
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Intraday calls for 30-05-11

Posted on: May 30th, 2011 at 8:32 am

Markets likely to open flat. Support for nifty is at 5450 and resistance is higher near 5550 levels.

Buy IRB Infrastructure Developers Ltd at 151.50, target: 155.50. Stoploss: 147

9.33am – buy tata coffee at 845, target: 858. Stoploss: 832 – (book profit at 855-858)

12.24pm – buy jsw steel at 954, target: 968. Stoploss: 942

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441 Responses

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  1. dak Says:
    May 30th, 2011
    Posted at: 9:06 am

    Good Morning CB.
    What levels can reliance reach today ?


  2. AJ Says:
    May 30th, 2011
    Posted at: 9:06 am

    Which one to enter on opening?
    HAVELLS or SUPREME IND


  3. Akash Says:
    May 30th, 2011
    Posted at: 9:06 am

    Hi CB, Aanjaneya Lifecare jumped almost 100 rs. on listing. Can I buy it at 315 for target 450+ in 2-3 days?>


  4. wajeed Says:
    May 30th, 2011
    Posted at: 9:08 am

    hi Cb wht is ur view on oswal chemicals and fertilizers for today pls advice thanks.


  5. CB Says:
    May 30th, 2011
    Posted at: 9:08 am

    Hi raj gupta, go with aban for now

    Hi Akash, no, not really sure of any withing the 750 range

    Hi Kb, :) nice one

    Hi dak, Good morning. can add 12-15rs

    Hi AJ, go with supreme if opens flat

    Hi Akash, not really sure. will be volatile due to expiry


  6. Ary Says:
    May 30th, 2011
    Posted at: 9:09 am

    Hi CB,

    Holding Infy PE at 10...Pls suggest


  7. Anil Says:
    May 30th, 2011
    Posted at: 9:10 am

    Hi CB, Shall i exit JP short and enter IRB futures??


  8. CB Says:
    May 30th, 2011
    Posted at: 9:10 am

    Hi wajeed, can add 4-5rs

    Hi Ary, for now would advice to exit. is finding some support near 2760-2770 levels. can expect some bounce.


  9. CB Says:
    May 30th, 2011
    Posted at: 9:10 am

    Hi Kb, :p

    Hi Anil, yes.


  10. dak Says:
    May 30th, 2011
    Posted at: 9:11 am

    Thanks CB. Holding a reliance 1020 call bought at 4.65 - what levels should I square off and when ?


  11. Avneet Singh Sidana Says:
    May 30th, 2011
    Posted at: 9:11 am

    Hi CB..
    Please let me know, if there is any intra day call for today..
    Thanks in advance..


  12. Vivek Shah Says:
    May 30th, 2011
    Posted at: 9:11 am

    Hi CB, GM

    Holding 2 lot Minifty Short and 1 lot 5500ce what to do ??


  13. Tejas Gupta Says:
    May 30th, 2011
    Posted at: 9:12 am

    MARKET MAY TRADE FLAT


  14. Praveen Says:
    May 30th, 2011
    Posted at: 9:12 am

    can we go for Amtek India Ltd for intraday??


  15. CB Says:
    May 30th, 2011
    Posted at: 9:12 am

    Hi dak, hold it. as of now seems can test 970.

    Hi Avneet Singh Sidana, yes, one can buy some of irb infra

    Hi Vivek Shah, Good morning. as of now seems nifty can test 5520. hold these for now. shall exit the call on rise.


  16. Akash Says:
    May 30th, 2011
    Posted at: 9:12 am

    Hi CB, Can I buy National Steel & Agro Industries at CMP for med term target 38-40. Also, how is Jain Irrigation at CMP for target 225+?

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