Quotes with Resistance & Support
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Intraday calls for 31-05-11

Posted on: May 31st, 2011 at 8:30 am

Markets likely to open slightly higher. Support for nifty is at 5450 and resistance at 5515

Buy HDFC Bank above 2316, target: 2340. Stoploss: 2296- (book profit at 2345)

9.19AM – buy Renuka sugars at 61, target: 64. Stoploss: 59 – (book profit at 62.50)

2.34PM – buy tata motors 1100 call at 35, target: 43. Strict Stoploss: 1075

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618 Responses

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  1. Sameer Says:
    May 31st, 2011
    Posted at: 12:14 pm

    Sir do u recommend any SL for nifty ?


  2. CB Says:
    May 31st, 2011
    Posted at: 12:14 pm

    Hi Sameer, keep sl at 5520


  3. Vivek Shah Says:
    May 31st, 2011
    Posted at: 12:15 pm

    Hi CB, DLF lot is 1000, so Rs. 1 dip will result in 1000 loss, so kindly give me SL... I am holding with 237sl


  4. Sameer Says:
    May 31st, 2011
    Posted at: 12:15 pm

    u mean 5620 ? I am shorting at 5560-80.


  5. Amol Says:
    May 31st, 2011
    Posted at: 12:15 pm

    HI CB,
    CAN I ENTER IN SUZLON AT53?
    OR RCOM AT 89?


  6. CB Says:
    May 31st, 2011
    Posted at: 12:16 pm

    Hi Vivek Shah, hold it with sl at 236. can test 240

    Hi Sameer, ok. in that case keep sl at 5600


  7. K. Asif Says:
    May 31st, 2011
    Posted at: 12:16 pm

    Hi CB,

    URU

    CAN I BUY SMART LINK NETWORK AT CMP


  8. nithin2009 Says:
    May 31st, 2011
    Posted at: 12:16 pm

    CB...i short 600 [email protected] for intraday....pls advice iam in loss////


  9. sohel Says:
    May 31st, 2011
    Posted at: 12:18 pm

    Hi CB, is there any chance for Renuka Sugars to reach high today???????


  10. Vivek Shah Says:
    May 31st, 2011
    Posted at: 12:18 pm

    Hi CB, ok, Holding with 236sl DLF


  11. Sameer Says:
    May 31st, 2011
    Posted at: 12:18 pm

    Sir i am a little confused..do u recommend to short nifty or buy :p


  12. CB Says:
    May 31st, 2011
    Posted at: 12:18 pm

    Hi Amol, no, dont enter these yet

    Hi Sameer, short at 5580. sl 5600-5620

    Hi K. Asif, for long term one can enter it

    Hi nithin2009, hold it. can see 131.


  13. CB Says:
    May 31st, 2011
    Posted at: 12:19 pm

    Hi sohel, can test 63

    Hi Vivek Shah, ok


  14. nithin2009 Says:
    May 31st, 2011
    Posted at: 12:21 pm

    cb...i short essaroil at 128.5....pls give intraday tgt..iam in loss now


  15. CB Says:
    May 31st, 2011
    Posted at: 12:21 pm

    Hi nithin2009, ok. keep sl at 129.80. hold for now.


  16. ARIJIT Says:
    May 31st, 2011
    Posted at: 12:22 pm

    Hi CB,
    can i buy CIPLA AT 326 for a tgt of 340 in 7 days?

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