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. RAVI Says:
    May 15th, 2012
    Posted at: 9:13 pm

    hi kartik,sir u mean to say deepak fertiliser has support at 130 or resistance at 140 & kindly suggest can i add more


  2. Kb Trader Says:
    May 15th, 2012
    Posted at: 9:17 pm

    Hi CB, Good evening..

    Hi karthik, Good evening..


  3. bk Says:
    May 15th, 2012
    Posted at: 9:18 pm

    Dear CB,

    good Evening.

    pls advise me on ashok leylland and heromotocorp for tomorrow. buy/sell & target pls.

    i am holding ongc short also.


  4. Kartik Says:
    May 15th, 2012
    Posted at: 9:21 pm

    Hi RAVI, no, below 140 it looks weak

    Hi Kb Trader, GE

    Hi bk, avoid Hero and Ashok for tomorrow, Hero can see profit booking after opening higher, Ashok may trade flat, hold ONGC short for a few more days, it looks weak


  5. RAVI Says:
    May 15th, 2012
    Posted at: 9:22 pm

    hi kartik i am holding in cash


  6. Revan Says:
    May 15th, 2012
    Posted at: 9:50 pm

    Hi CB can you give me brief explanation about your BPCL call for my knowledge purpose


  7. Kartik Says:
    May 15th, 2012
    Posted at: 9:56 pm

    Hi RAVI, if it conitnues to trade below 140 tomorrow, exit from it

    Hi Revan, it had given a breakout around 710


  8. Revan Says:
    May 15th, 2012
    Posted at: 9:59 pm

    Breakout means ???????????


  9. suresh Says:
    May 15th, 2012
    Posted at: 9:59 pm

    Hi CB/Kartik,

    How about Unitec in coming days?is there any chance it will reach 22-23 before this expiry.


  10. Naran Says:
    May 15th, 2012
    Posted at: 10:16 pm

    Hi Ham, MAJOR top completed today in Russell 2000 & NYSE Composite
    Read this .... http://peterlbrandt.com/major-top-completed-today-in-russell-2000-nyse-composite/


  11. Ani Says:
    May 15th, 2012
    Posted at: 10:17 pm

    Cb sir,

    Holding airtel [email protected] advice the sl and wat price shld I sell it


  12. Ham Says:
    May 15th, 2012
    Posted at: 10:19 pm

    Is India’s Debt situation really scary?

    http://zeenews.india.com/business/interviews/is-india-s-debt-situation-really-scary_47492.html


    European Stocks Retreat as Greece Will Hold New Election

    http://www.bloomberg.com/news/2012-05-15/european-stocks-climb-as-german-economy-exceeds-estimates.html


    Will Indonesia Replace India in the BRICs?

    http://www.cnbc.com/id/47423993?__source=yahoo|headline|quote|text|&par=yahoo


    U.S Home-builder sentiment at best since recession

    http://www.marketwatch.com/story/home-builder-sentiment-at-best-since-recession-2012-05-15


  13. Kb Trader Says:
    May 15th, 2012
    Posted at: 10:21 pm

    Hi Revan, Crossing the resistance and staying above it.


  14. Aman Says:
    May 15th, 2012
    Posted at: 10:26 pm

    HI Karti/ CB..
    Pls suggest tomorrow's support n resistance of Relaxo..


  15. Ham Says:
    May 15th, 2012
    Posted at: 10:30 pm

    Is the Stock Market Wildly Overoptimistic?

    http://business.time.com/2012/05/15/is-the-stock-market-wildly-overoptimistic/?iid=biz-main-lede


    Will JPMorgan’s $2 Billion Blunder Finally End ‘Too Big to Fail’?

    http://business.time.com/2012/05/15/will-jpmorgans-2b-blunder-finally-end-too-big-to-fail/?iid=biz-main-lede


    GLOOMY ECONOMIC PROSPECTS: Why U.S. Politicians Are Quiet About Europe's Meltdown

    http://www.globalresearch.ca/index.php?context=va&aid=30831


    China's Economy May Soon Get a Loosening

    http://www.businessweek.com/articles/2012-05-11/chinas-economy-may-soon-get-a-loosening


    Eurozone crisis live: Greece heads for make-or-break elections as talks fail

    http://www.guardian.co.uk/business/2012/may/15/eurozone-crisis-gdp-greek-government-talks


    How Greece could leave the eurozone – in five difficult steps

    http://www.guardian.co.uk/business/2012/may/13/greece-leave-eurozone-five-difficult-steps


  16. Kartik Says:
    May 15th, 2012
    Posted at: 10:56 pm

    Hi Revan, a level (strong support/resistance) from which a stocks breaks out

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