Intraday calls for 31-05-12

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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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JP Says:
May 31st, 2012
Posted at: 9:03 am
Thanx......
CB Says:
May 31st, 2012
Posted at: 9:03 am
Hi JP, most welcome.
Manish Says:
May 31st, 2012
Posted at: 9:04 am
I have 100 IGL at 235 .. its broken 200 . Shall i add more or wait .... I can hold them for 3 years and dont know why i ahve confidence in this stock what is ur sugesstion?
arun kumar g Says:
May 31st, 2012
Posted at: 9:05 am
hi cb sir, please let me know if i can sell tata motors and jswsteel today for intraday??
sidharth Says:
May 31st, 2012
Posted at: 9:05 am
relinfra long term i mean 2month can i buy this level
ranga Says:
May 31st, 2012
Posted at: 9:06 am
good morning guru, what to buy now
CB Says:
May 31st, 2012
Posted at: 9:06 am
Hi Manish, does look weak. exit 50% for now. can add again on a 5-7% dip. technically does look a bit weak.
shashi Says:
May 31st, 2012
Posted at: 9:06 am
HI CB SIR ......GM
CB Says:
May 31st, 2012
Posted at: 9:07 am
Hi arun kumar g, seems these may open gap down. dont short at opening
Hi ranga, Good morning. its best to wait till gdp data is out. can enter hero moto if markets improve a bit
CB Says:
May 31st, 2012
Posted at: 9:07 am
Hi shashi, Good morning.
AJ Says:
May 31st, 2012
Posted at: 9:09 am
Any view on Speciality Rest...for intraday?
shashi Says:
May 31st, 2012
Posted at: 9:10 am
HI GOOD MORNING KVK GARU
HI GOOD MORNING ARCHANA GARU
AND ....GOOD MORNING....ALL....
CB Says:
May 31st, 2012
Posted at: 9:10 am
Hi AJ, no, not sure about it yet
Hi shashi, Good morning.
vishal Says:
May 31st, 2012
Posted at: 9:11 am
Hi CB, If market opens around 4900, can i sell May 4900 PE
CB Says:
May 31st, 2012
Posted at: 9:12 am
Hi vishal, no, not yet.
Sush Says:
May 31st, 2012
Posted at: 9:12 am
Hi CB, what is the support level to buy CE today