Quotes with Resistance & Support
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Intraday calls for 12-05-16

Posted on: May 12th, 2016 at 8:35 am

Markets likely to open flat. Support for Nifty is at 7750 and resistance at 7900. Bank Nifty has support at 16500 and resistance at 17000.

No pre-market call for today.

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86 Responses

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  1. CB Says:
    May 12th, 2016
    Posted at: 8:44 am

    Hi umesh, drreddy is going weak. cadila can test 340-341. aarti if breaks 495 can fall further

    Hi ani, can test 77 and 98


  2. Harshal Says:
    May 12th, 2016
    Posted at: 8:45 am

    Hi CB Sir, please suggest some stocks for delivery (4-15 days) to enter currently? How about bharti airtel, LT, Idea, Rallis India, Gail, etc?
    Also suggest 2 stocks for 8-12 months horizon.


  3. CB Says:
    May 12th, 2016
    Posted at: 8:45 am

    Hi JS, Good morning. yes, hope you doing good. dsk is going weak. best to avoid it. vascon can test 40-42 in long term

    Hi B Raj, can add hindalco in small quantity for now


  4. Shiva Says:
    May 12th, 2016
    Posted at: 8:45 am

    What are the targets of berger paint and BHEL for short term?


  5. CB Says:
    May 12th, 2016
    Posted at: 8:46 am

    Hi Harshal, can add LT on dips near 1300. looks strong. gail too is going strng, can add few. not sure of entering others yet


  6. CB Says:
    May 12th, 2016
    Posted at: 8:46 am

    Hi Shiva, berger can test 285 in coming days. bhel around 135


  7. Harshal Says:
    May 12th, 2016
    Posted at: 8:48 am

    Ok. Thank you Sir. What should be the target for LT and Gail? How many days moving avg shall be considered while entering longer term around 1-1.5 years.


  8. Shiva Says:
    May 12th, 2016
    Posted at: 8:48 am

    been holding MRO tek from 6 months.. time to exit?


  9. Sandeep Saha Says:
    May 12th, 2016
    Posted at: 8:49 am

    What about BHEL today interday call?


  10. CB Says:
    May 12th, 2016
    Posted at: 8:49 am

    Hi Harshal, most welcome. LT can test 1400 in coming days. gail can test 405 in coming days. for long term can go with ichimoku cloud as indicator.


  11. umesh Says:
    May 12th, 2016
    Posted at: 8:49 am

    intraday target for Britannia ?


  12. CB Says:
    May 12th, 2016
    Posted at: 8:50 am

    Hi Sandeep Saha, can test 128

    Hi Shiva, mro-tek is going weak. avoid for now.


  13. CB Says:
    May 12th, 2016
    Posted at: 8:50 am

    Hi umesh, it can test 2920 in coming days


  14. Vijayk Says:
    May 12th, 2016
    Posted at: 8:51 am

    Hi CB...good morning..plz suggrst on CESC holding 550call...came down a bit...


  15. Harshal Says:
    May 12th, 2016
    Posted at: 8:53 am

    Ok. I have never kept a stock longer than 1-2 months till now. However, after closely watching charts for some stocks like ashok Leyland for past 2-3 years, it has inspired me to accumulate few for long term around 1-2 years. Can you suggest me any which can give 2x-5x returns in 2 years.


  16. Shiva Says:
    May 12th, 2016
    Posted at: 8:53 am

    I alreayd have at 42...shall I exit in loss?

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