Quotes with Resistance & Support
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Intraday calls for 15-05-13

Posted on: May 15th, 2013 at 8:28 am

Markets likely to open slightly higher. Resistance for nifty is at 6030 and support at 5950

Buy Castrol India at 336.50, target: 343. Stoploss: 331 – (continue to hold Castrol)

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228 Responses

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  1. sumit Says:
    May 15th, 2013
    Posted at: 10:23 am

    Hi CB Sir, i m short in JP Associate @73.85 in May Future and it has moved above 75 , please suggest what shud be the SL and is there any hope of it coming down ?

    Thanks


  2. K.V.LAXMI Says:
    May 15th, 2013
    Posted at: 10:24 am

    cb sir, good morning...
    today i bought 25 SBI @2318 where will book?
    thanks


  3. Nall's Says:
    May 15th, 2013
    Posted at: 10:25 am

    Hi CB,
    Sir what about yesterday we bought some PEs...tnx
    Any chance markets can go down.....


  4. GUNA Says:
    May 15th, 2013
    Posted at: 10:26 am

    thanks sir


  5. CB Says:
    May 15th, 2013
    Posted at: 10:26 am

    Hi sumit, yes, keep sl near 76. also if possible hedge with a 75ce

    Hi K.V.LAXMI, Good morning. can see 2365


  6. CB Says:
    May 15th, 2013
    Posted at: 10:26 am

    Hi Nall's, nifty does have strong resistance at 6100-6120. lets see

    Hi GUNA, most welcome.


  7. deepak7791 Says:
    May 15th, 2013
    Posted at: 10:28 am

    Dear CB

    Exited Wockhard pharma at good profilt. Den is not moving. Should I exit and can you suggest some good stock which can move 5% in two weeks


  8. K.V.LAXMI Says:
    May 15th, 2013
    Posted at: 10:28 am

    sir, can i buy LIC 270 call?
    thanks


  9. GUNA Says:
    May 15th, 2013
    Posted at: 10:29 am

    hi sir buy jp @ 74.5 for intraday what is the target SL


  10. SS Says:
    May 15th, 2013
    Posted at: 10:29 am

    Hi CB, Covered all longs and entered into shorts...do you see some profit booking here ?


  11. PK Says:
    May 15th, 2013
    Posted at: 10:39 am

    Sir exited puts in loss....
    made a big mistake..


  12. Sandip Says:
    May 15th, 2013
    Posted at: 10:43 am

    Buy Jindal Steel & Power Ltd. at around 309 Target 318 SL 304


  13. ravii Says:
    May 15th, 2013
    Posted at: 10:44 am

    Hello CB,

    First 1 hr only nifty is up abt 99 points...what abt entire day..can we see some consolidation or only one direction :)

    entered some of the puts near 5990..levels


  14. CB Says:
    May 15th, 2013
    Posted at: 10:45 am

    Hi deepak7791, nice to hear that. den does look good. lets hold

    Hi K.V.LAXMI, no, looks weak below 255

    Hi GUNA, sl near 73.80. can test 76

    Hi SS, ok. hold shorts with sl near 6120 for now

    Hi Vishal, let shold

    Hi PK, exited now at cmp?


  15. CB Says:
    May 15th, 2013
    Posted at: 10:45 am

    Hi ravii, yes.. lets see how it goes. keep sl near 6120 for pe for now.


  16. Taj Says:
    May 15th, 2013
    Posted at: 10:46 am

    Market like a rocket

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