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. ranga Says:
    May 30th, 2012
    Posted at: 9:00 am

    Hello, what you say about buying suzlon for one week?? target? SL?


  2. CB Says:
    May 30th, 2012
    Posted at: 9:00 am

    Hi Rahul, no, dont enter it yet.


  3. CB Says:
    May 30th, 2012
    Posted at: 9:01 am

    Hi ranga, it does look weak. don't enter it yet.


  4. Akash Says:
    May 30th, 2012
    Posted at: 9:01 am

    Hi CB, Can I buy GMDC in Intraday for target 190?


  5. CB Says:
    May 30th, 2012
    Posted at: 9:02 am

    Hi Akash, no, not sure yet.


  6. ansh Says:
    May 30th, 2012
    Posted at: 9:02 am

    hi cb,

    will market come to 4800 levels today, as asian markets trade weak?


  7. CB Says:
    May 30th, 2012
    Posted at: 9:02 am

    Hi ansh, as of now seems can test 4950. below this can test 4920-4930


  8. :: money :: Says:
    May 30th, 2012
    Posted at: 9:03 am

    hi CB
    why is TATA Motors losing so badly on pre-opening ??
    what is the stoploss and targets for the day ??
    :) f


  9. CB Says:
    May 30th, 2012
    Posted at: 9:04 am

    Hi :: money ::, not really sure why. results are better than expected. enter a 250 pe at opening to hedge


  10. :: money :: Says:
    May 30th, 2012
    Posted at: 9:05 am

    hi CB

    Yesterday European and US markets recovered a lot but Asian Markets in Deep Red - WHY ?????????????????

    Asian Markets in Deep Red may hamper the share price of the companies given good figures yesterday.

    :) f


  11. CB Says:
    May 30th, 2012
    Posted at: 9:06 am

    Hi :: money ::, here is the news on Asian markets: http://nseguide.com/market-news/asian-stocks-drop-as-euro-approaches-two-year-low/


  12. Akash Says:
    May 30th, 2012
    Posted at: 9:06 am

    Hi CB, Wht abt Unitech for target 23.5 in intraday?


  13. ranga Says:
    May 30th, 2012
    Posted at: 9:07 am

    guru, what you say about HCL


  14. CB Says:
    May 30th, 2012
    Posted at: 9:07 am

    Hi Akash, can add with sl at 21.60


  15. CB Says:
    May 30th, 2012
    Posted at: 9:08 am

    Hi ranga, long time. hope all is well on your side. hcl can test 520 in coming days.


  16. :: money :: Says:
    May 30th, 2012
    Posted at: 9:08 am

    thanks CB
    this is worrisome, TATA Motors . . .
    just cant understand a simple thing, if results are good, then why is it 10% down and everyone talking about sell now ??
    this time it is very bad, will suffer huge loss .. . .
    :( f

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