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: 222324252627282930Show all

  1. Akash Says:
    May 16th, 2011
    Posted at: 2:41 pm

    Hi CB, What is the CMP and target? May or June expiry?


  2. Vivek Shah Says:
    May 16th, 2011
    Posted at: 2:49 pm

    break above 5500, will take nifty @ 5520-30


  3. Das Says:
    May 16th, 2011
    Posted at: 2:58 pm

    Hi CB, can i buy 5400 PE now?


  4. Ary Says:
    May 16th, 2011
    Posted at: 2:59 pm

    Hi CB?

    Further downside?


  5. Rise Says:
    May 16th, 2011
    Posted at: 3:05 pm

    sir can i enter microfinance ?


  6. YOGI Says:
    May 16th, 2011
    Posted at: 3:09 pm

  7. Kartik Says:
    May 16th, 2011
    Posted at: 3:10 pm

    Hi Das, no, wait till tomorrow

    Hi Rise, no, dont enter it yet


  8. CA.Tejas Says:
    May 16th, 2011
    Posted at: 3:12 pm

    Hi, as per ur advice i put an sl for prestige estate at 152.50 n it triggers so i exited on profit... which is bought at 147... n cmp is again 146... then should i buy again......


  9. Kartik Says:
    May 16th, 2011
    Posted at: 3:13 pm

    Hi CA.Tejas, no, dont enter it yet, wait for some time


  10. jit Says:
    May 16th, 2011
    Posted at: 3:14 pm

    should i exit 5500 put


  11. Kartik Says:
    May 16th, 2011
    Posted at: 3:15 pm

    Hi jit, hold with a trailing SL at 5520


  12. CA.Tejas Says:
    May 16th, 2011
    Posted at: 3:15 pm

    Any stock to buy from following
    RIL
    L&T
    NTPC
    Confidence Petro
    IRB Infra
    TCS


  13. Kartik Says:
    May 16th, 2011
    Posted at: 3:16 pm

    Hi CA.Tejas, Confidence Petro can be entered for Long term at CMP


  14. Kartik Says:
    May 16th, 2011
    Posted at: 3:16 pm

    Hi Akash, continue to hold it for Short term


  15. Anil Says:
    May 16th, 2011
    Posted at: 3:17 pm

    Hi Kartik, Holding RCOM short @ 91, JSWSTEEL 900 PE @ 18.00 and ALLAHABADBANK short @ 194. Pls advise hold or exit??


  16. CM Raghu Says:
    May 16th, 2011
    Posted at: 3:17 pm

    Hi,

    holding JSW steel @943…. now @930…. at wat price I can sell today? or shall i hold till tomorrow?

    Thank you...

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