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. suzane Says:
    May 16th, 2011
    Posted at: 7:39 pm

    Hi CB, Am still waiting for your mail :) , Secondly , today as per ur suggestion i placed a sell order for KAJARIA ceremics at 93 and my bad luck it return back from 92.45 .... and again its 2 rupees down .... whats ur vision in it tommorow ?? will i be able to cover my position around 93 by tommorow ?? as am in auto square off, it would be sold around 10:00am ... any chances or i have to book loss ?? :(

    Do remember and mail me for my question posted earlier ... i will be waiting for it


  2. YOGI Says:
    May 16th, 2011
    Posted at: 7:53 pm

    Hi alll my friends, geeeeeeeeee


  3. Anil Says:
    May 16th, 2011
    Posted at: 8:00 pm

    Dow is trading flat. Any news??


  4. Das Says:
    May 16th, 2011
    Posted at: 8:02 pm

    how do you see SBI result tomorrow?


  5. suzane Says:
    May 16th, 2011
    Posted at: 8:07 pm

    oh gawd again my query lost :((


  6. bullslook.co.tv Says:
    May 16th, 2011
    Posted at: 8:30 pm

    Hi CB,
    Trader Attention ! Please !!!

    If nifty losses support @ 5470 levels ; then all retailers are requested to stay away for a re entry levels @ 5320-5400 levels as fresh entry or averaging levels.


  7. palanivel Says:
    May 16th, 2011
    Posted at: 8:30 pm

    HI CB,H R U? GE, TATASTEEL GOING CONTINUE DOWN SIDE ANY RECOVER TOMORROW CB SIR.I AM HOLDING 600.00 CE 7.50@ 2 LOTS AND ONGC 320.00 CE @2.15 ONE LOT ITS RAISE BOTH TOMORROW CB SIR.MARKET TOMORROW UP LEVEL DOWN LEVEL PLEASE CB SIR, NOW I AM FACING HUGE POSITION PLEASE ADVICE CB SIR. I AM WAITING FOR YOUR VALUABLE ADVICE CB SIR. THANKS


  8. himanshu Says:
    May 16th, 2011
    Posted at: 8:39 pm

    hey... Howz glenmark??
    Should i buy or it is good for intraday only??


  9. CB Says:
    May 16th, 2011
    Posted at: 8:41 pm

    Hi Ajay, most welcome

    Hi Subhag Ghosh, thanks for the info

    Hi dhiva, has some support at 575. below this could turn weak

    Hi Anil, no, not sure of any news yet

    Hi suzane, yes, shall email tonight. kajaria is a hold. does look good technically. hold for a day or 2.

    Hi Das, no, not really sure about it yet

    Hi bullslook.co.tv, Good evening.. yes, shall be back this week. yes, below 5470 does look weak

    Hi palanivel, it has good support at 575. below this could turn weak. for now hold with sl at 575. ongc is a hold. can see a bounce from here.


  10. CB Says:
    May 16th, 2011
    Posted at: 8:41 pm

    Hi himanshu, one can enter on a 4-5rs dip. does look good.


  11. ranjan Says:
    May 16th, 2011
    Posted at: 8:48 pm

    HI CB SIR NOW DOW IS TRADING PLUS. WHATS YOUR VISION IN IT TOMORROW? I AM HOLDING MLL AT 39.30 AND NIFTY AT 5490. PLEASE SUGGEST


  12. Anil Says:
    May 16th, 2011
    Posted at: 8:48 pm

    Hi CB, Dow turned positive. Will it effect our market tomorrow?


  13. ARIJIT Says:
    May 16th, 2011
    Posted at: 8:49 pm

    Hi CB,
    WHY THE LINK OF NIFTY REAL TINE CHART IN THE INTRADAY CALL SECTION MISSING TODAY?


  14. suzane Says:
    May 16th, 2011
    Posted at: 9:34 pm

    Hi CB, i want its target till 10:30 am tommorow


  15. ARIJIT Says:
    May 16th, 2011
    Posted at: 9:46 pm

    Hi suzane,
    KAJARIA HAS DECLARED DIVIDEND OF ₹2/SHARE...............
    IF POSSIBLE HOLD IT FOR FEW DAYS..............


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

    hi cb will it be safe bet to buy suzlon future for the target of 60 rs in current series after good results

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