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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  1. thavva Says:
    May 16th, 2011
    Posted at: 10:31 am

    Hi CB, Ok, thanks CB. Seem inflation number will be out today. Markets halted moving for this?

    http://www.moneycontrol.com/news/cnbc-tv18-comments/april-inflation-seen-high-at-846-(mom)_543626.html


  2. CB Says:
    May 16th, 2011
    Posted at: 10:31 am

    Hi gopal, yes, sl at 5500

    Hi Anil, yes, shall recover it soon

    Hi suzane, :)


  3. CB Says:
    May 16th, 2011
    Posted at: 10:32 am

    Hi thavva, yes, wait for it to be out

    Hi NSK, not yet


  4. CB Says:
    May 16th, 2011
    Posted at: 10:33 am

    ill be back in 30 min.


  5. kranthi Says:
    May 16th, 2011
    Posted at: 10:33 am

    Please let me know if I can Hold or sell - Bought Cumminsind @ 716 -200 and reliance @CMP - 200


  6. jit Says:
    May 16th, 2011
    Posted at: 10:33 am

    sgx nifty is 69 points down still,ours hanging on waiting for key inflationary number


  7. rajini Says:
    May 16th, 2011
    Posted at: 10:35 am

    gud mrng c.b , gud mrng yogi, yogi can i buy TRF n JET AIRWAYS


  8. ARIJIT Says:
    May 16th, 2011
    Posted at: 10:35 am

    Hi CB,
    can i enter MAX at 172.40?


  9. SAI Says:
    May 16th, 2011
    Posted at: 10:41 am

    HI CB THANKS


  10. YOGI Says:
    May 16th, 2011
    Posted at: 10:48 am

    Marg Ltd. has witnessed a block deal of ~1mn in two trades.


  11. Aviansh Says:
    May 16th, 2011
    Posted at: 10:49 am

    CB,

    Is SGJH on a def uptrend to buy or wait for dips still?

    Thanks in advance.


  12. JR Says:
    May 16th, 2011
    Posted at: 10:50 am

    CB sir KAJARIA has given dividend of 2 rs...but it is not moving


  13. dev Says:
    May 16th, 2011
    Posted at: 10:52 am

    any call sir?


  14. SM Says:
    May 16th, 2011
    Posted at: 11:07 am

    Call given on 13th May in this section @12:51pm, to short Nifty Fut at 5599-5600 levels. Told to hold positions over the weekend. Now is a good time to book profits at 5505 levels. So, approx gain of 95 points over only 2 trading days. Enjoy...


  15. himanshu Says:
    May 16th, 2011
    Posted at: 11:07 am

    are there any indications for market to trade in green??
    Can i short smartlink?


  16. SM Says:
    May 16th, 2011
    Posted at: 11:11 am

    Hi CB / Kartik, Plz allow my post @11:07am. Benificial for traders...

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