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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CB Says:
May 31st, 2012
Posted at: 11:28 am
Hi sdg, its corrected quite a bit. possible see some bounce from here.
Hi Akash, yes. hold it
Hi Aji, most welcome
Hi Sohan, possible see some short covering due to expiry
CB Says:
May 31st, 2012
Posted at: 11:28 am
Hi SM, thanks :)
MAHESH Says:
May 31st, 2012
Posted at: 11:28 am
HELLO PLEASE LET ME KNOW WHAT TO DO IN IDEA I SELL IT AT 78 IT WILL GO DOWN OR ?
SM Says:
May 31st, 2012
Posted at: 11:28 am
Hi CB, Lets see what happens. Keep strict SL. It can go anywhere :)
CB Says:
May 31st, 2012
Posted at: 11:29 am
Hi micky-intrday, thanks
Hi MAHESH, its a hold. can see 76.50
Akash Says:
May 31st, 2012
Posted at: 11:29 am
Hi CB, How is tata Motors 280 June CE for target 15-16?
CB Says:
May 31st, 2012
Posted at: 11:30 am
Hi SM, ok :)
Hi Akash, no, dont enter a 280 ce yet.
MAHESH Says:
May 31st, 2012
Posted at: 11:30 am
Hi CB, THANKS, CAN I BUY HDIL AT CURRENT LEVEL?
CB Says:
May 31st, 2012
Posted at: 11:30 am
Hi MAHESH, yes, can add few here.
ARCHANAREDDY Says:
May 31st, 2012
Posted at: 11:31 am
Hi SaiPalanivel, HAI SAIPALANIVEL GARU GOOD MORNING......
CB Says:
May 31st, 2012
Posted at: 11:31 am
Hi Akash, its june series. hold for some time.
ARCHANAREDDY Says:
May 31st, 2012
Posted at: 11:32 am
HOW IS GONG TODAY MARKET....?UP OR DOWN...?
CB Says:
May 31st, 2012
Posted at: 11:33 am
Hi ARCHANAREDDY, as of now not really sure. possible see a small bounce. lets see how european markets open.
Sup!! Says:
May 31st, 2012
Posted at: 11:33 am
markets go up now?
CB Says:
May 31st, 2012
Posted at: 11:33 am
Hi Sup!!, cannot be sure yet.
CB Says:
May 31st, 2012
Posted at: 11:33 am
ill be back in 1 hour.