Quotes with Resistance & Support
Market Information

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. pareshdoshi Says:
    May 15th, 2012
    Posted at: 1:20 pm

    hi cb,geodesic,ivrcl,denabank can be bought@ current level?if no, @which level one can enter?


  2. CB Says:
    May 15th, 2012
    Posted at: 1:23 pm

    Hi pareshdoshi, these are looking weak. don't enter these yet

    Hi Subin, no, not sure of shorting it yet

    Hi AT, its a hold. jindal can test 470 today. ongc is a hold for 1-2 days

    Hi ARCHANAREDDY, may close a bit higher

    Hi santosh, can test 216


  3. CB Says:
    May 15th, 2012
    Posted at: 1:24 pm

    Buy Reliance industries at 686, target: 702. Stoploss: 678


  4. sandeep Says:
    May 15th, 2012
    Posted at: 1:25 pm

    cb.............Can we buy TCS for a intraday target of 1240 ?


  5. CB Says:
    May 15th, 2012
    Posted at: 1:26 pm

    Hi sandeep, no, not sure yet.


  6. Akash Says:
    May 15th, 2012
    Posted at: 1:27 pm

    Hi CB, BPCL 740 CE is now near 17.5. Shud I continue to hold and change sell price to 24 instead of 20?


  7. CB Says:
    May 15th, 2012
    Posted at: 1:28 pm

    Hi Akash, book profit for now.


  8. Akash Says:
    May 15th, 2012
    Posted at: 1:28 pm

    Hi CB, As u hv given call for Rel ind. Any CE of REL I can buy to make 50-60% profit today? Pls advise. I will sell BPCL CE and buy REL CE.


  9. ani Says:
    May 15th, 2012
    Posted at: 1:29 pm

    Hi AT,


    same thing holding jindal [email protected] it will hit the 470 mark today....


  10. Akash Says:
    May 15th, 2012
    Posted at: 1:29 pm

    Hi CB, Ok. I put SL at 17.35. CMP is 17.75. Shall I buy some REL CE? Which one?


  11. CB Says:
    May 15th, 2012
    Posted at: 1:29 pm

    Hi Akash, no, its a hold for 1-2 days


  12. CB Says:
    May 15th, 2012
    Posted at: 1:30 pm

    Hi Akash, ok. go with ril ind


  13. Sai Palanivel Says:
    May 15th, 2012
    Posted at: 1:31 pm

    HI CB SIR, JP ASSOCIATE SHORT 63.00. WHICH LEVEL EXIT ? YOUR ADVICE PLEASE.


  14. CB Says:
    May 15th, 2012
    Posted at: 1:31 pm

    Hi Sai Palanivel, no, not sure yet.


  15. ani Says:
    May 15th, 2012
    Posted at: 1:31 pm

    Hi CB,

    sir holding the jindal [email protected] it will hit the 470 mark...purchased airtel [email protected] abt the news...money laundering,......sir wat will be the stoploss ad wat price shld i selll


  16. Akash Says:
    May 15th, 2012
    Posted at: 1:32 pm

    Hi CB, Ok. SO I am selling BPCL 740 CE and buying Rel 680 CE at 15 for tarfget 25. Or shud I hold BPCL? I can hold one of them only

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