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Intraday calls for 30-05-14

Posted on: May 30th, 2014 at 8:25 am

Markets likely to open flat. Nifty has support at 7200 and resistance at 7320

Buy Nifty 7100 pe for a target of 80-85 in 1-2 days.

Has not been possible for me to be active since last 2-3 days as my Wife is admitted. Shall get active again from Monday.

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387 Responses

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Comment pages: 67891011121314Show all

  1. K K Says:
    May 30th, 2014
    Posted at: 11:40 am

    Hi PKP,
    Let's discuss on the same point. Markets have not seen any kind of selling for past many days. Yesterday was the only day where in Nifty sees some selling pressure.
    On election day also, Nifty rose to all time high of 7560 levels and within no time, corrected back to 7250 levels. Even Analysts are expecting a correction upto 5% in the markets. That would be best time to pick stocks and to form the portfolio.

    What others say on this ?

    Hi airbites,
    Seeing you again after a long time ?

    Hi Robotguy,
    Good Morning. Ok, take care of your positions, don't enter any fresh positions unless issues get resolved at office, else, you will face unnecessary pressure.


  2. ankush Says:
    May 30th, 2014
    Posted at: 11:43 am

    Hi K K,

    Ur comments on FRL plsss


  3. Rajasekar Says:
    May 30th, 2014
    Posted at: 11:45 am

    KK/Karthik Sir Gm,
    I m holding the options as below, plase suggest coming days how market will go if down pl suggest to exit

    Jun [email protected]
    Jun [email protected]
    Jun [email protected]
    Jun ITC [email protected]
    Jun Hindalco [email protected]
    Jun SBI [email protected]
    Jun PNB [email protected]
    Jun Unitech [email protected]


  4. ankush Says:
    May 30th, 2014
    Posted at: 11:46 am

    Hi TradeWarrior,

    Will sl hit today or tommorow


  5. Archana Says:
    May 30th, 2014
    Posted at: 11:47 am

    Thank you for your advice Trade Warrior


  6. TradeWarrior Says:
    May 30th, 2014
    Posted at: 11:48 am

    Tushar, Prateek, Mohan, Sai Anukush... and all who all have bought FRL, Its in cash short term dont be in hurry.

    Please do maintain stop loss, If at all it hits stop loss it be only loss of (400 Rs/-).


  7. Mohan Says:
    May 30th, 2014
    Posted at: 11:48 am

    Hi Trade Warrior, i have Unitech bought @27. Can i hold for target of 32 or exit at cmp


  8. meena Says:
    May 30th, 2014
    Posted at: 11:52 am

    hi robot sir


  9. K K Says:
    May 30th, 2014
    Posted at: 11:53 am

    Hi Avin,
    Sorry. Not sure of ONGC.

    Hi Rajasekar,
    Unitech has target of 31 with a stoploss of 26.5 Keep trailing stoploss and protect the gains.
    Same for L&T as well.
    Bank stocks will be volatile and stock specific. PNB will cut few more points till 950 if Nifty corrects.

    Not sure of others.


  10. Robotguy Says:
    May 30th, 2014
    Posted at: 11:54 am

    Hi meena, Hi..


  11. K K Says:
    May 30th, 2014
    Posted at: 11:56 am

    Hi Nilesh,
    Hi Rohit,
    How about your INFY holding ? Exited ? or Still holding ?


  12. Shashi Says:
    May 30th, 2014
    Posted at: 12:01 pm

    HI all


  13. Sunny Says:
    May 30th, 2014
    Posted at: 12:03 pm

    j&K bank down by 15% what u suggest....


  14. Nilesh Says:
    May 30th, 2014
    Posted at: 12:03 pm

    Hi K K, GA,

    Just Came to Office --> Still Holding now placed STOP LOSS of 74


  15. K K Says:
    May 30th, 2014
    Posted at: 12:07 pm

    Hi Nilesh, ok. that's good.
    Also Watch Nifty and YesBank


  16. Nraj Says:
    May 30th, 2014
    Posted at: 12:09 pm

    Hello, Ur wife will be recover vry soon, god bless you & ur fmly....

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