Quotes with Resistance & Support
Market Information

Intraday calls for 31-05-12

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

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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  1. gostha Says:
    May 31st, 2012
    Posted at: 12:56 pm

    WE ARE WAITING FOR U ...CB


  2. CB Says:
    May 31st, 2012
    Posted at: 1:09 pm

    Hi gostha, dont enter it yet. if already holding, hold with sl at 4870

    Hi RA, not yet

    Hi SaiPalanivel, just came online. jp is a hold. can add some more.


  3. hridayesh Says:
    May 31st, 2012
    Posted at: 1:10 pm

    CB, HOLDING UNFORTUNATELY 3 LOTS OF TATA MOTORS MAY FUT AT AVERAGE PRICE OF RS. 270. WOULD YOU SUGGEST TO HEDGE IT AT THIS POINT OF TIME ? IF YES, HOW ?


  4. CB Says:
    May 31st, 2012
    Posted at: 1:12 pm

    Hi hridayesh, we will need to hold these over to next month. for now roll over 2 lots only. shall add another if it dips further


  5. SaiPalanivel Says:
    May 31st, 2012
    Posted at: 1:12 pm

    CB SIR, PTC HOLD ON 57.00 YOUR VIEW PLEASE. CMP 55.50


  6. Sunil Says:
    May 31st, 2012
    Posted at: 1:14 pm

    HI hridayesh, Roll over tata motors to june expiry, and buy 230 pe june @ cmp


  7. CB Says:
    May 31st, 2012
    Posted at: 1:15 pm

    Hi SaiPalanivel, its a hold for short term. likely to bounce back


  8. SaiPalanivel Says:
    May 31st, 2012
    Posted at: 1:16 pm

    CB SIR, PTC TODAY YOUR VIEW UP SIDE?


  9. hridayesh Says:
    May 31st, 2012
    Posted at: 1:17 pm

    Thanks CB, but should I roll over 2 lots of tata motors just now or at the end of today's session ?


  10. CB Says:
    May 31st, 2012
    Posted at: 1:17 pm

    Hi SaiPalanivel, today can see 56.20


  11. CB Says:
    May 31st, 2012
    Posted at: 1:18 pm

    Hi hridayesh, wait for some more time.


  12. AJ Says:
    May 31st, 2012
    Posted at: 1:18 pm

    IND CEM will recover to green before close?


  13. CB Says:
    May 31st, 2012
    Posted at: 1:19 pm

    Hi AJ, seems a bit unlikely today


  14. RAMESHB Says:
    May 31st, 2012
    Posted at: 1:19 pm

    Hi CB, 5,45,500 BID QUANTITY FOR 5300 MAY CALL AT 10PAISE. WHAT IS THE USE OF SUCH BIDDING. HOW DOES IT HELP THE BIDDER.


  15. hridayesh Says:
    May 31st, 2012
    Posted at: 1:19 pm

    Thanks a lot dear...


  16. SaiPalanivel Says:
    May 31st, 2012
    Posted at: 1:19 pm

    CB SIR, JPASSOCIATE CAN TEST 63.00 +VE ? INTRADAY CLOSING.

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