Intraday calls for 31-05-12
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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Trader Says:
May 31st, 2012
Posted at: 4:24 pm
I have sold TATA STEEL future for June expiry at 398. What r u your views on the same
gaps Says:
May 31st, 2012
Posted at: 4:33 pm
Hi Cb, sail was impressive today . what are its short term resistance and support?
pareshdoshi Says:
May 31st, 2012
Posted at: 5:20 pm
hi cb,after quarter result hdil can bought?how looks it?
Ram M Says:
May 31st, 2012
Posted at: 5:43 pm
CB sir, why did Adani Ent fall after such a good move today... I am still holding its June Fut@268...& now its 261... Any bad news, y did it fall when mkt ended up? Will it bounce back... Please advise sir....
surya Says:
May 31st, 2012
Posted at: 5:53 pm
Hello CB,
Do think Market will open Gap down tommorow, Their is lot of Negative News around.
Our GDP is Come Down And Worries in Spain and Greece are also making no progress and Most Importantly Value of Rupee is just got settling down.
Can we take this opportunity to Make Some Money! Any Idea for Tommorows Trade.
Regards
Suryas
kannan mahalingam Says:
May 31st, 2012
Posted at: 6:10 pm
hello cb sir, how are you? how was my statement? did i tell the support level correctly?
Sakshi Says:
May 31st, 2012
Posted at: 6:13 pm
CB, I have 1 lot ITC 220 put @3.7 and 1 lot Axis bank 1100 call @ 5.3 (Both June expiry). Please suggest.
CB Says:
May 31st, 2012
Posted at: 6:30 pm
Hi raju, most welcome
Hi Trader, it can test 394 again if markets remain weak. hold for now
Hi gaps, yes, strong support near 90 levels.can test 100-102
Hi Ram M, it does have strong support near 255. hold for another day or 2. can see 270-274
Hi surya, yes. does seem may open a bit flat/ lower. lets see how US markets close. still looking for some stocks for tomorrow. shall advice soon
Hi kannan mahalingam, yes :) nice call
Hi Sakshi, it does look a bit weak. below 228 can see 222. hold it. axis bank is a hold with sl at 955-960. has good support here. can see some bounce.
ashok Says:
May 31st, 2012
Posted at: 6:56 pm
hi cb,
Tomorrow shall i buy bpcl? or sell axis bank? plz give me Trigger price, Target & sl?
vishal Says:
May 31st, 2012
Posted at: 7:03 pm
hi cb can i short asian paints?
Akash Says:
May 31st, 2012
Posted at: 7:23 pm
Hi CB, Looks like Nifty recovered little bit. Can we expect June CE to give 3-4 times return in few days. Will Nifty manage to see 5100 level in few days despite not so good Growth rate data.
MM Says:
May 31st, 2012
Posted at: 7:24 pm
hi cb sir ge ple check the chart not update
shivi Says:
May 31st, 2012
Posted at: 7:34 pm
CB sir can be rolta be bought at this level. Can you provide me with near support and resistence
hitesh Says:
May 31st, 2012
Posted at: 7:55 pm
hi cb jp associate short term
CB Says:
May 31st, 2012
Posted at: 8:00 pm
Hi ashok, as of now no call on these. lets see how US markets close . if markets had for a higher opening, can buy axis bank
Hi vishal, no, not yet. its in an uptrend
Hi Akash, yes. lets see how US markets close tongiht
Hi MM, Good evening. Ok. shall check it
Hi shivi, technically does look weak. dont enter it yet.
Gitanjali Says:
May 31st, 2012
Posted at: 8:07 pm
Hi CB, Hi SM, GE . SOLD NG at 137...