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. chhaya Says:
    May 30th, 2012
    Posted at: 3:16 pm

    how u look tata coffee and orchid and any target of tata coffee


  2. dak Says:
    May 30th, 2012
    Posted at: 3:17 pm

    CB, holding nifty june futures at 4980 since yesterday - today went down - is it likely to touch 5020/5040 anytime soon ?


  3. CB Says:
    May 30th, 2012
    Posted at: 3:17 pm

    Hi chhaya, tata can test 860 again if markets improve a bit. orchid below 119 can fall further.


  4. CB Says:
    May 30th, 2012
    Posted at: 3:18 pm

    Hi dak, yes. hold it. also hedge with a pe if nifty breaks 4930


  5. SaiPalanivel Says:
    May 30th, 2012
    Posted at: 3:18 pm

    CB SIR, JPASSOCIATE HOLD 61.20 CONTINUE WAIT OR EXIT PLEASE YOUR VIEW.


  6. SS Says:
    May 30th, 2012
    Posted at: 3:18 pm

    Hi Team,
    Any problem with icicidirect site ? FnO price not updating


  7. Arshad Says:
    May 30th, 2012
    Posted at: 3:19 pm

    CB Sir Can I buy TVS @ CMP for 3 to 4 days target please


  8. CB Says:
    May 30th, 2012
    Posted at: 3:19 pm

    Hi SaiPalanivel, yes, hold with sl at 59

    Hi SS, not really sure

    Hi Arshad, as of now add in small quantity


  9. ashok Says:
    May 30th, 2012
    Posted at: 3:19 pm

    hi cb,
    i bought natco pharma @ 410 sir.? shall i hold it?
    what about ur view on wheels india?


  10. CB Says:
    May 30th, 2012
    Posted at: 3:20 pm

    Hi ashok, yes, hold it. does look good technically. not sure of wheels india.


  11. Manish Says:
    May 30th, 2012
    Posted at: 3:20 pm

    any news on eclerx ? why it has corrected so much ... close to 52 week low........?


  12. CB Says:
    May 30th, 2012
    Posted at: 3:21 pm

    Hi Manish, technically has turned weak. don't enter it yet.


  13. Arshad Says:
    May 30th, 2012
    Posted at: 3:22 pm

    Should I buy Pantaloon Retail / Unitech / GVKPIL / BHEL your views on these for 5 days


  14. SAI Says:
    May 30th, 2012
    Posted at: 3:24 pm

    Hi CB :) thanks


  15. dak Says:
    May 30th, 2012
    Posted at: 3:24 pm

    Ok. Hope it covers up - yesterday when I bought - the cash and futures price was at par - today futures is at 20rs discount :-( That increases my loss.


  16. CB Says:
    May 30th, 2012
    Posted at: 3:24 pm

    Hi Arshad, no, dont enter these yet.

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