Quotes with Resistance & Support
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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. SaiPalanivel Says:
    May 31st, 2012
    Posted at: 1:19 pm

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


  2. CB Says:
    May 31st, 2012
    Posted at: 1:20 pm

    Hi RAMESHB, :) not really sure why

    Hi hridayesh, most welcome


  3. CB Says:
    May 31st, 2012
    Posted at: 1:20 pm

    Hi SaiPalanivel, not really sure. nifty is moving in a small range.


  4. gostha Says:
    May 31st, 2012
    Posted at: 1:23 pm

    HI CB SIR....WHY UNITED SPIRIT FALL@580


  5. SaiPalanivel Says:
    May 31st, 2012
    Posted at: 1:24 pm

    CB SIR, SPICE JET DOWN ON 10% Q4 RESULT NOT GOOD? THIS TIME ENTER GOD.


  6. CB Says:
    May 31st, 2012
    Posted at: 1:24 pm

    Hi gostha, technically does look a bit weak below 600


  7. CB Says:
    May 31st, 2012
    Posted at: 1:24 pm

    Hi SaiPalanivel, for long term can add few here.


  8. Tushar Says:
    May 31st, 2012
    Posted at: 1:26 pm

    hi, can i buy hdil and hindalco at this level?


  9. SaiPalanivel Says:
    May 31st, 2012
    Posted at: 1:28 pm

    CB SIR, NIFTY CLOSE FLAT/DOWN/UP. WHATS YOUR VIEW. I AM WAIT FOR DIPS SOME JPASSOCIATE ADD GOOD BIT?


  10. hridayesh Says:
    May 31st, 2012
    Posted at: 1:29 pm

    Hi CB, when I roll over all the three lots of tata motors May fut, shall I buy three lots of 230 pe June ?


  11. Vinay Says:
    May 31st, 2012
    Posted at: 1:30 pm

    hello CB sir..KFA stil trading in range??is there any chance will slide down??they reported huge loss still no movement in price range?


  12. ANSH Says:
    May 31st, 2012
    Posted at: 1:34 pm

    HI CB HOLDING 4900CE @45 SHOULD I AVERAGE? ANY POSSIBILITY 4900 CE REACH ATLEAST 30?


  13. CB Says:
    May 31st, 2012
    Posted at: 1:34 pm

    Hi Tushar, for short term go with hindalco in small quantity

    Hi SaiPalanivel, yes, wait for some time. as of now seems may close flat

    Hi hridayesh, go with 2 pe's since its corrected quite a bit

    Hi Vinay, yes, does look weak. hold it for some more time.


  14. CB Says:
    May 31st, 2012
    Posted at: 1:35 pm

    Hi ANSH, dont avg it yet. markets are moving in small range since opening. lets wait.


  15. ashutosh Says:
    May 31st, 2012
    Posted at: 1:36 pm

    buy HDIL AT CMP 67 TGT 70


  16. CB Says:
    May 31st, 2012
    Posted at: 1:37 pm

    Hi ashutosh, thanks.

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