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. CB Says:
    May 16th, 2011
    Posted at: 8:39 am

    Hi MICKY, most welcome..


  2. raj Says:
    May 16th, 2011
    Posted at: 8:40 am

    Hi CB, GM. as per results of bartronics, dewwan hou, bhushan steel, vip, which one is the best to buy? plz advise


  3. MICKY Says:
    May 16th, 2011
    Posted at: 8:40 am

    So cb am going for gUJ petronet,max india and kwality dairy is it good ?


  4. avis Says:
    May 16th, 2011
    Posted at: 8:42 am

    hi cb gm
    i have stuck up with sterlite ind may fut long pos at 175
    wat level it can reach today
    and also intraday target for lichf


  5. tejas Gupta Says:
    May 16th, 2011
    Posted at: 8:42 am

    Hi CB, God morning sir


  6. AJ Says:
    May 16th, 2011
    Posted at: 8:42 am

    CB,
    Do you see ARSS bouncing from here?? where is the support?


  7. Gitanjali Says:
    May 16th, 2011
    Posted at: 8:43 am

    Hi CB, May not be able to be on line to trade .. hectic days ahead.. can we safely hold tataglobal .. if we enter long ..l?or is dcb better..pl?


  8. SS Says:
    May 16th, 2011
    Posted at: 8:44 am

    Hi CB, Good Morning,

    Your views on Hindalco/SBI/PNB ? Thanks


  9. CB Says:
    May 16th, 2011
    Posted at: 8:44 am

    Hi tejas Gupta, Good morning

    Hi raj, go with bhushan steel for now

    Hi MICKY, yes. go with them

    Hi avis, Good morning. hold it for now. above 172 can see 178. if possible hedge with a 170 put


  10. aman Says:
    May 16th, 2011
    Posted at: 8:46 am

    cb views on pfc reaching 300 in 2 3 months


  11. CB Says:
    May 16th, 2011
    Posted at: 8:46 am

    Hi AJ, no, not really sure yet. its making new lows

    Hi Gitanjali, dcb is a good bet above 62. for now go with tata global. near strong support levels.

    Hi SS, Good morning. hindalco below 196 can see 188. don't enter banks yet.


  12. CB Says:
    May 16th, 2011
    Posted at: 8:47 am

    Hi aman, its finding support near 210 levels. 300 seems a bit unlikely


  13. aman Says:
    May 16th, 2011
    Posted at: 8:47 am

    likely targets in pfc
    then


  14. raj Says:
    May 16th, 2011
    Posted at: 8:48 am

    Hi CB, buy price and SL for bhushan steel?


  15. CB Says:
    May 16th, 2011
    Posted at: 8:50 am

    Hi aman, can see 235 if holds onto support levels

    Hi raj, sl at 444. can see 465


  16. Anil Says:
    May 16th, 2011
    Posted at: 8:50 am

    GM CB,

    What to with Bajajauto 3 lots short @ 1325? Shall i exit if it comes around 1330?

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