Quotes with Resistance & Support
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Intraday calls for 16-05-11

Posted on: May 16th, 2011 at 8:24 am

Markets likely to open lower. Support for nifty is at 5470 and resistance at 5600

On Intraday dips, buy Havells with stoploss at 388. – (book profit in Havells at 402-403)

9.36am – buy jsw steel in small quantity at 947, target: 958. stoploss: 933 – (sl triggered)

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499 Responses

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Comment pages: 91011121314151617Show all

  1. Aviansh Says:
    May 16th, 2011
    Posted at: 10:10 am

    Good morning CB and others,

    can i buy SGJH now that it is consolidating at 265 level\?


  2. CB Says:
    May 16th, 2011
    Posted at: 10:10 am

    Hi raj gupta, hold with sl at 5500

    Hi gayaram, as of now 5800 seems unlikely. try and exit on rise.

    Hi sanzy, ok thanks

    Hi Vivek Shah, not yet.


  3. YOGI Says:
    May 16th, 2011
    Posted at: 10:10 am

    Derivatives
    Short position build for the May series has been witnessed RCOM, CANBK, RENUKA, PATNI, JINDALSAW, FINANTECH, SRTRANSFIN, ESSAROIL, SYNDIBANK, HINDPETRO.

    Position unwinding for the May series has been witnessed in BHEL, LT, AXISBANK, HINDALCO, OPTOCIRCUI, EXIDEIND, ORCHIDCHEM, MLL, JETAIRWAYS, DCHL.


  4. sanzy Says:
    May 16th, 2011
    Posted at: 10:10 am

    i am holding 5700CE
    should i hold or exit...


  5. CB Says:
    May 16th, 2011
    Posted at: 10:11 am

    Hi shiva, no, not sure about it

    Hi Aviansh, Good morning. dont enter it yet. wait for some dip


  6. CB Says:
    May 16th, 2011
    Posted at: 10:11 am

    Hi sanzy, exit on rise near 5550 for now.


  7. YOGI Says:
    May 16th, 2011
    Posted at: 10:11 am

    Hi thavva,


  8. shiva Says:
    May 16th, 2011
    Posted at: 10:12 am

    can I buy sujana towers?


  9. CB Says:
    May 16th, 2011
    Posted at: 10:12 am

    Hi shiva, in small quantity


  10. YOGI Says:
    May 16th, 2011
    Posted at: 10:13 am

    Hi thavva, http://www.bseindia.com/stockinfo/anndet.aspx?newsid=ad145bed-2838-4b47-a355-bebc908a4f3c


  11. CB Says:
    May 16th, 2011
    Posted at: 10:14 am

    Hi Ryan, no, nothing new yet. looking for some.


  12. Ryan Says:
    May 16th, 2011
    Posted at: 10:15 am

    Thanks CB, please let me knw..


  13. CB Says:
    May 16th, 2011
    Posted at: 10:16 am

    Hi Ryan, sure

    Hi suzane, yes, after news of the scam its been in a downtrend. may take some time to recover.


  14. shiva Says:
    May 16th, 2011
    Posted at: 10:16 am

    CB...short term tradnig is safer than long term in such markets?


  15. vipul Says:
    May 16th, 2011
    Posted at: 10:17 am

    Hi CB, Any stock to buy ????????........3 month target of dlf???


  16. thavva Says:
    May 16th, 2011
    Posted at: 10:17 am

    Hi YOGI, Thanks a lot for sharing this info. was looking for this since 2 days.

Comment pages:91011121314151617Show all

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