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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Comment pages: 181920212223242526Show all

  1. Sameer Says:
    May 31st, 2011
    Posted at: 1:10 pm

    HI CB
    What can you say about SINTEX ? BUY OR SELL ?


  2. thavva Says:
    May 31st, 2011
    Posted at: 1:11 pm

  3. GODSE Says:
    May 31st, 2011
    Posted at: 1:11 pm

  4. Vivek Shah Says:
    May 31st, 2011
    Posted at: 1:12 pm

    facing sell pressure around 5550...


  5. Vivek Shah Says:
    May 31st, 2011
    Posted at: 1:16 pm

    need to cross 5560 for further upside till 5580-5600


  6. DIVYESH Says:
    May 31st, 2011
    Posted at: 1:21 pm

    Hi cb,

    Any idea about the vip ind and arss infra struck in morning not going upside should hold or exit


  7. ras Says:
    May 31st, 2011
    Posted at: 1:25 pm

    fiis are on buying spree,,,,,,if u short nifty dont expect much downside


  8. Ary Says:
    May 31st, 2011
    Posted at: 1:28 pm

    Does that mean we need to exit the PEs...pls suggest?


  9. gayaram Says:
    May 31st, 2011
    Posted at: 1:28 pm

  10. Mann Says:
    May 31st, 2011
    Posted at: 1:30 pm

    Hi KB,
    Please advice on Arvind Ltd, Reliance Power, IGL
    I want to have term investment of 1-2 years.
    Please suggest.
    Thanks :)


  11. Vivek Shah Says:
    May 31st, 2011
    Posted at: 1:32 pm

    Hi gayaram, GA... Whats your take at present


  12. cvrprakash Says:
    May 31st, 2011
    Posted at: 1:33 pm

    Hi CB,

    Even Nifty went up by 80 points..Tata Motors fails to even break 1090.
    Can I now buy its 1100 PA @ 48???


  13. Das Says:
    May 31st, 2011
    Posted at: 1:36 pm

    what is the target of infosys today?


  14. ras Says:
    May 31st, 2011
    Posted at: 1:37 pm

    Hi Ary, no u can expect some profit booking in later half as diis are selling


  15. gayaram Says:
    May 31st, 2011
    Posted at: 1:38 pm

    Hi Vivek Shah, quited from 5500 ce and holding 5400 pe


  16. Avinash Says:
    May 31st, 2011
    Posted at: 1:38 pm

    CB, can rcom correct to lvls below 88 today? pls advise

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