Quotes with Resistance & Support
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Intraday calls for 30-05-12

Posted on: May 30th, 2012 at 8:29 am

Markets likely to open lower. Support for nifty is at 4930 and resistance at 5050.

If markets show recovery later during the day, buy: Reliance industries above 695 – (Book profit in Ril at 707)

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478 Responses

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  1. pradip Says:
    May 30th, 2012
    Posted at: 8:48 am

    HI CB,
    SHOULD I EXIT FROM TVS MOTORS AS SOON AS THE MARKET OPENS OR SUD WAIT? I HAVE FUTURES AT 35 , PLS GUIDE?


  2. Rahul Says:
    May 30th, 2012
    Posted at: 8:48 am

    Can I buy Ashok Leyland Target Please


  3. SURAJIT PATRA Says:
    May 30th, 2012
    Posted at: 8:50 am

    Good Morning CB, Bank Nifty 9900 CE hold @17/-, hold or exit on opening ??? please suggest me


  4. CB Says:
    May 30th, 2012
    Posted at: 8:50 am

    Hi sheeja, it does look weak below 1140. dont enter yet

    Hi Revan, most welcome

    Hi pradip, exit if it opens below 34.80.shall re-enter on intraday dips

    Hi Rahul, no, dont enter it yet.


  5. ttsathya Says:
    May 30th, 2012
    Posted at: 8:50 am

    GM. Bt May Nifty 4800 PE @2.5. Pl advice


  6. CB Says:
    May 30th, 2012
    Posted at: 8:51 am

    Hi SURAJIT PATRA, Good morning. hold for now. has strong support at 9600

    Hi ttsathya, ok. hold for now. keep sl near 5020


  7. VIJAYMISHRA Says:
    May 30th, 2012
    Posted at: 8:51 am

    hi sir axis bank @1012 pls sugg me sil or tgt if open lower


  8. Rahul Says:
    May 30th, 2012
    Posted at: 8:52 am

    Sell Tata Motors


  9. CB Says:
    May 30th, 2012
    Posted at: 8:54 am

    Hi VIJAYMISHRA, its a hold with sl at 1010 for now.

    Hi Rahul, thanks.


  10. shame Says:
    May 30th, 2012
    Posted at: 8:54 am

    hai CB

    i am holding GVKPOWER 5000 at 12.55


  11. SS Says:
    May 30th, 2012
    Posted at: 8:55 am

    Hi CB,
    Good Morning, What cud be cairn tgt for today ?


  12. Akash Says:
    May 30th, 2012
    Posted at: 8:56 am

    Hi CB, I need to cover big loss and have v less time. Pls suggest something..


  13. Rahul Says:
    May 30th, 2012
    Posted at: 8:56 am

    CB Sir Can I sell Tata Motors


  14. CB Says:
    May 30th, 2012
    Posted at: 8:57 am

    Hi shame, its a hold with sl at 11.90 can see 13.20

    Hi SS, Good morning. can test 341


  15. CB Says:
    May 30th, 2012
    Posted at: 8:57 am

    Hi Akash, sure, as of now shall wait for few min after opening

    Hi Rahul, it did post good results. wait for few min after opening to see how markets react to the results


  16. Rahul Says:
    May 30th, 2012
    Posted at: 8:59 am

    CB Sir,
    Can I buy LITL

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