Quotes with Resistance & Support
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Intraday calls for 15-05-2012

Posted on: May 15th, 2012 at 8:16 am

Markets likely to open lower, support at 4860, resistance at 4980

Buy Bharat Petroleum Corporation if it manages to break 716, for a target of 735, SL 705 – (Book profit in BPCL at 729-730)

1.23pm – Buy Reliance industries at 686, target: 702. Stoploss: 678 – (Exit relind at 681)

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565 Responses

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  1. SS Says:
    May 15th, 2012
    Posted at: 8:36 am

    Hi Kartik,
    Good Morning Kartik, How are you doing ?


  2. Kartik Says:
    May 15th, 2012
    Posted at: 8:40 am

    Hi wajeed, it looks weak, keep a tight SL at 60.5 and hold it

    Hi Akshi, lets wait to see if we some recovery after opening lower

    Hi natasha singh, avoid going short today, can see a bounce

    Hi SS, GM, fine, hope you too doing well


  3. SK Says:
    May 15th, 2012
    Posted at: 8:40 am

    Hi Cb Axisbank today target?


  4. Akash Says:
    May 15th, 2012
    Posted at: 8:42 am

    Hi Kartik, GM. If Nifty opens 30-35 points lower, can we expect 4800 PE opening around 90? Also, shud I hold 4800 PE for target 120+ in 1-2 days or may be today itself??


  5. sidharth Says:
    May 15th, 2012
    Posted at: 8:42 am

    hi cb,
    today any idea eichermoter


  6. SS Says:
    May 15th, 2012
    Posted at: 8:43 am

    Hi Kartik,
    Im short on Jublient but in loss. What target can we see today ?
    Also, long on BoB. It's result are due today. Can we see some bounce to recover loss.


  7. AJ Says:
    May 15th, 2012
    Posted at: 8:43 am

    How about shorting JAIN IRR on opening?


  8. Karan Sharma Says:
    May 15th, 2012
    Posted at: 8:44 am

    Hi,

    Bought Reliance (1 lot Futures) @ 690/-. Please tell what to do?


  9. ssv Says:
    May 15th, 2012
    Posted at: 8:44 am

    Goodmorning CB and ALL!


  10. shail410 Says:
    May 15th, 2012
    Posted at: 8:45 am

    Hi Karthik GM...will it be ok to short VIP and pantaloon?


  11. Kartik Says:
    May 15th, 2012
    Posted at: 8:45 am

    Hi SK, can see 1005

    Hi Akash, Yes, book at opening

    Hi sidharth, below 2100 looks weak, avoid fresh entries at CMP

    Hi SS, hold Jubilant with a tight SL at 1160 (cash), BOB can be very volatile ahead of its results, lets wait tos ee how they are


  12. Kartik Says:
    May 15th, 2012
    Posted at: 8:45 am

    Hi AJ, avoid going short today

    Hi shail410, avoid going short today, a small bounce can be expected

    Hi ssv, GM

    Hi Karan Sharma, it looks weak, would be beter to exit


  13. sheeja Says:
    May 15th, 2012
    Posted at: 8:46 am

    Hi CB/Karthik, Good Morning....

    Shall i buy Nila Infra for short term? also Ashok lay land has given a good result it seems, is there any chance to move up today? if so what will be the buy price and SL?how Bhel looks for today...Pls advice..


  14. Vivek Says:
    May 15th, 2012
    Posted at: 8:48 am

    Hi CB, holding HDIL @ 63... Can I expect a short covering to take it a little higher or book loss and exit?


  15. Kartik Says:
    May 15th, 2012
    Posted at: 8:48 am

    Hi sheeja, Nila Inf can be entered for long term, avoid ashok for today, wait to see how it reacts after the results (could see some profit booking), bhel is in a downtrend, avoid going long


  16. Siddharth Says:
    May 15th, 2012
    Posted at: 8:49 am

    Hi CB, gd mrng, can i buy M&M at cmp?

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