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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Comment pages: 222324252627282930Show all

  1. kannan mahalingam Says:
    May 30th, 2012
    Posted at: 5:39 pm

    hi, cb sir, how is my technique? i already told you that nifty support is 4924.today future low is 4926.


  2. care Says:
    May 30th, 2012
    Posted at: 5:41 pm

    Hi SM, No dear .YOU have been cool .Be your own self .Thank you ..And am not in loss ..in NG :p
    Finding it tough to post this ... it says duplicate comments detected ...
    CB , trouble in paradise...


  3. care Says:
    May 30th, 2012
    Posted at: 5:42 pm

    Hi CB, SORRY CB


  4. SM Says:
    May 30th, 2012
    Posted at: 5:43 pm

    Hi care, As we assumed, some kind of short covering in NG. Can modify the SL to 136.30


  5. care Says:
    May 30th, 2012
    Posted at: 5:44 pm

    Hi CB, Hi SM,Thanks ever so much . Carry on, Enjoy your work .Best of everything!


  6. SM Says:
    May 30th, 2012
    Posted at: 5:46 pm

    Hi care, How come not in loss? I guess you went long from far lower levels. Is it so?


  7. ANSH Says:
    May 30th, 2012
    Posted at: 5:53 pm

    hi cb,

    can we see a small bounce in the opening session.


  8. Robotguy Says:
    May 30th, 2012
    Posted at: 5:53 pm

    Hi CB, Thank you CB, but pls try to follow this up it will be very useful and very effective, scrolling to and fro is very time consuming. Thanks for all your help and free advice to small investors / traders.


  9. care Says:
    May 30th, 2012
    Posted at: 6:08 pm

    Hi SM, It was a ploy...;] I averaged at 136 .40 ..it went up to 138 .20 .. and i came out .


  10. care Says:
    May 30th, 2012
    Posted at: 6:09 pm

    Hi SM, It was a ploy...;] I averaged at 136 .40 ..it went up to 138 ... and i came out .


  11. Venkat Says:
    May 30th, 2012
    Posted at: 6:16 pm

    CB Sir, what about tomorrow's expaire... is theire any chance nifty will come below 4900


  12. care Says:
    May 30th, 2012
    Posted at: 6:20 pm

    Well it is like this .Since morning have been trading ..Long in NG took it once at 140.40 .When it came to 139 .40 I covered with 1re loss .Then again bought 2 more , in 2 steps ,..That is when you were called ..That particular one the average was 137 .7.So no loss in that Plus GOT YOU BACK OVER HERE .
    Hi CB, Thanks for your kind gesture of sending an sms . Very kind of you .Enjoy your work .Carry on both of you.


  13. CB Says:
    May 30th, 2012
    Posted at: 6:24 pm

    Hi kannan mahalingam, yes :) nice one. days low is near 4946? did manage to hold onto it today

    Hi care, no issues

    Hi ANSH, as of now seems a bit unlikely. lets see how US markets close. also GDP data and expiry tomorrow.

    Hi Robotguy, sure. :)

    Hi Venkat, cannot be sure yet. depends on the outcome of GDP data. lets see how US markets close.


  14. CB Says:
    May 30th, 2012
    Posted at: 6:25 pm

    Hi care, you are always welcome.


  15. SaiPalanivel Says:
    May 30th, 2012
    Posted at: 6:42 pm

    HI CB SIR, FUTURE TRADING MARGIN HOW MUCH? 10000.00 TRADING ALLOW FUTURE TRADING?


  16. SM Says:
    May 30th, 2012
    Posted at: 6:56 pm

    Hi care, :)
    Hi SaiPalanivel, Every broker maintains a margin file for F&O in his website. Plz check your broker's website. If you cannot find it, then contact your Relationship Manager OR the Customer Care department of your broker. Ask them to mail it to you.

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