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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Comment pages: 2345678910Show all

  1. CB Says:
    May 31st, 2012
    Posted at: 9:21 am

    Hi Piyush, around 120-121.


  2. Sush Says:
    May 31st, 2012
    Posted at: 9:23 am

    when can i go for CE for intraday?


  3. Piyush Says:
    May 31st, 2012
    Posted at: 9:23 am

    Hi CB,
    ok thanks CB.....also for ICICI please...


  4. rajesh Says:
    May 31st, 2012
    Posted at: 9:23 am

    HI CB,

    SL and Target for Hero Motor corp


  5. Dinesh Kumar Says:
    May 31st, 2012
    Posted at: 9:25 am

    Hi CB, i am holding 300 PE bharathi may @ 3.10.. what is the right time exit to reduce my loss....


  6. SS Says:
    May 31st, 2012
    Posted at: 9:25 am

    Hi CB,
    GM Sir, Any luck on Telco ?


  7. CB Says:
    May 31st, 2012
    Posted at: 9:25 am

    Hi Sush, no, not sure yet

    Hi Piyush, most welcome. icici looks weak. dont enter yet

    Hi rajesh, can see 1865. sl near 1836


  8. sheeja Says:
    May 31st, 2012
    Posted at: 9:25 am

    Hi CB,Good Morning...

    Bought suzlon @21.00 now its coming down, pls advice whether to exit or hold?what will be the SL? also what will be the short term target for Nila infra?


  9. CB Says:
    May 31st, 2012
    Posted at: 9:25 am

    Hi Dinesh Kumar, hold onto it for now

    Hi SS, seems may take some time to recover. hold it for now. hedge with a 220 pe if possible.


  10. CB Says:
    May 31st, 2012
    Posted at: 9:26 am

    Hi sheeja, Good morning. hold it for short/ med term. likely to do well nila can see 4.50


  11. AJ Says:
    May 31st, 2012
    Posted at: 9:26 am

    Any to buy/ sell for intraday?


  12. DM Says:
    May 31st, 2012
    Posted at: 9:27 am

    HI CB ANY IDEA ON USD... HOW FURTHER IS RUPEE GOING TO FALL...?


  13. Piyush Says:
    May 31st, 2012
    Posted at: 9:28 am

    OK CB, Thanks a lot..


  14. sheeja Says:
    May 31st, 2012
    Posted at: 9:29 am

    Ok thanks cb...


  15. Venkat Says:
    May 31st, 2012
    Posted at: 9:29 am

    CB SIr, Nifty Below 4910 holding 4900put wait or sq.off


  16. divya Says:
    May 31st, 2012
    Posted at: 9:30 am

    shall i go long in Nifty now

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