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. smile Says:
    May 16th, 2011
    Posted at: 11:50 am

    CB good day.. i bought apollo may lot @ 60.90 and lic housing @ 222.30 how sit for intraday?


  2. Anil Says:
    May 16th, 2011
    Posted at: 11:51 am

    Hi CB, I can hold for a week. Hold or book loss?


  3. nitin Says:
    May 16th, 2011
    Posted at: 11:51 am

    Hi Cb,

    Your Views on sintex. can it touch 200 levels by this expiry ?


  4. smile Says:
    May 16th, 2011
    Posted at: 11:51 am

    sorry 69.90


  5. CB Says:
    May 16th, 2011
    Posted at: 11:52 am

    Hi AJ, yes, exit form it

    Hi amish, hold with sl at 288 for now

    Hi smile, for now hold these. keep sl at 5500 on nifty

    Hi Anil, ok. in that case one can continue to hold it. likely to bounce back


  6. dak Says:
    May 16th, 2011
    Posted at: 11:53 am

    CB, what results / figures are expected today? What is the market waiting for? Getting impatient... :-)


  7. CB Says:
    May 16th, 2011
    Posted at: 11:53 am

    Hi nitin, has support at 174-176. can see 190 in short term.


  8. subramanivs Says:
    May 16th, 2011
    Posted at: 11:53 am

    thanks CB,
    Shall i buy ITC 190 call option? or anything to buy?


  9. CB Says:
    May 16th, 2011
    Posted at: 11:53 am

    Hi dak, yes, its inflation


  10. CB Says:
    May 16th, 2011
    Posted at: 11:54 am

    ill be be back in 30 min..


  11. NSK Says:
    May 16th, 2011
    Posted at: 11:56 am

    Inflation is 8.66%

    wt should be mkt direction?


  12. Aarathana Says:
    May 16th, 2011
    Posted at: 11:56 am

    inflation for april at 8.66


  13. mani Says:
    May 16th, 2011
    Posted at: 11:57 am

    can i enter jsw steel for intraday now ?


  14. thavva Says:
    May 16th, 2011
    Posted at: 11:58 am

    Hi CB, April Inflation is @ 8.66. Is it good for markets or bad?


  15. Vivek Shah Says:
    May 16th, 2011
    Posted at: 11:58 am

    inflation 9.04% why market surging ??


  16. SAI Says:
    May 16th, 2011
    Posted at: 12:04 pm

    HI thavva / Vivek Shah, CB gone. what to do now?

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