Intraday calls for 31-05-12

Quotes with Resistance & Support

Market Information

Intraday calls for 31-05-12

Posted on: May 31st, 2012 at 8:29 am

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Markets likely to open lower. Support for nifty is at 4920 and resistance at 5050.

If markets show recovery later during the day, buy: Hero moto corp above 1848 – (If holding Hero moto, continue to hold it till tomorrow.)

Markets are likely to remain volatile today due to expiry and GDP data.

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362 Responses

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Sush Says:
May 31st, 2012
Posted at: 11:19 am
CB! shld i go for 4800 PE
CB Says:
May 31st, 2012
Posted at: 11:19 am
Hi pradip, strong support in the 4750-4800 zone. if breaks this then can test 4600
Hi Akash, hold it for now. keep sl near 4870
sdg Says:
May 31st, 2012
Posted at: 11:20 am
Hi CB, GM,GDP is low .. can we enter june 4800 pe?
CB Says:
May 31st, 2012
Posted at: 11:20 am
Hi Sush, no, not yet.
Tushar Says:
May 31st, 2012
Posted at: 11:20 am
any chance for market to recover?
tuff money Says:
May 31st, 2012
Posted at: 11:20 am
hi cb,
should i exit 4900pe?
G Says:
May 31st, 2012
Posted at: 11:20 am
hi CB SIR, WHAT WILL BE THE TARGET FOR SAIL? INTRADAY
CB Says:
May 31st, 2012
Posted at: 11:21 am
Hi Akash, hld it for some time
Hi sdg, no, not yet
Hi Tushar, yes, its likely. sl near 4870
Hi tuff money, yes. re-enter below 4870
Hi G, can test 95
CB Says:
May 31st, 2012
Posted at: 11:24 am
Hi Akash, will do well
SM Says:
May 31st, 2012
Posted at: 11:25 am
Hi CB, GM
CB Says:
May 31st, 2012
Posted at: 11:25 am
Hi SM, Good morning..
sdg Says:
May 31st, 2012
Posted at: 11:26 am
Ok Thanks CB.. what is support for Praj.. can I go short for this month?
Aji Says:
May 31st, 2012
Posted at: 11:26 am
ok thanks CB.....
Sohan Says:
May 31st, 2012
Posted at: 11:27 am
Hello,
GDP at 5.3 %.
Where do you think Nifty will go from here.
Sohan
SM Says:
May 31st, 2012
Posted at: 11:27 am
Hi CB, For you only, take risk, buy Tatamotors at CMP (now around 237). Strict SL 233. Small qty... for intraday :)
micky-intrday Says:
May 31st, 2012
Posted at: 11:27 am
hard for markets to recover hercules and tata motors can bounce tc