Intraday calls for 16-05-11

Quotes with Resistance & Support

Market Information

Intraday calls for 16-05-11

Posted on: May 16th, 2011 at 8:24 am

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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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nithin2009 Says:
May 16th, 2011
Posted at: 10:31 pm
cb...pls advice on ptc and everest kanto@cmp for short term investment....i hav 75000rs for investment...pls also provide stocks which u think better dan the former...
sekhar Says:
May 16th, 2011
Posted at: 10:38 pm
hi " CB" holding "HINDALCO" 230 call (7 lots)from 20 days it is falling evaryday , my average price is 2.70 , now it is trading at 0.25, can i get my buy price before expiry?
YOGI Says:
May 16th, 2011
Posted at: 10:43 pm
Hi nithin2009, enter ptc around 80 for short term
Kartik Says:
May 16th, 2011
Posted at: 10:44 pm
Hi ranjan, keep a Sl at 5470 for your longs
Hi Anil, we might opn flat tomorrow, strong support at 5470
Hi ARIJIT, have been facing some issues lately
Hi hitesh, Markets look weak, dont enter it yet, wait for a couple of days
Hi nithin2009, dont enter EKC, you may buy some of Axis bank, balmer Lawrie and Confidence Petro for Long term on dips
Kartik Says:
May 16th, 2011
Posted at: 10:45 pm
Hi YOGI, GE
thavva Says:
May 16th, 2011
Posted at: 10:45 pm
Hi All, Good morning
nithin2009 Says:
May 16th, 2011
Posted at: 10:46 pm
Hi YOGI, thks for the response...can ptc c 80 levels in tmrws trade???any tgt for this counter for short term???
thavva Says:
May 16th, 2011
Posted at: 10:47 pm
Sorry Good evening :p
Kartik Says:
May 16th, 2011
Posted at: 10:48 pm
Hi thavva, GE
Anil Says:
May 16th, 2011
Posted at: 10:49 pm
Hi Kartik, Thanks and have good sleep....
Kartik Says:
May 16th, 2011
Posted at: 10:52 pm
Hi Anil, most welcome, Good night
YOGI Says:
May 16th, 2011
Posted at: 10:52 pm
Hi Kartik, ge ,karthik quite a boring day nifty has'nt moved either side ,except a slight move at 11.30/1.30 --30 points move and whole day went flat,5600 ce struggled hard to attain 8 points triggered slt
sekhar Says:
May 16th, 2011
Posted at: 10:53 pm
hi "KARTIK", my quiry pls
sekhar Says:
May 16th, 2011
Posted at: 10:57 pm
hi "KARTIK" , all the guys got answered except me
Kartik Says:
May 16th, 2011
Posted at: 10:57 pm
Hi YOGI, Yes, trading in a narrow range lately, strong support at 5470
Hi sekhar, it looks weak below 200, enter a few PUTs to hedge
sekhar Says:
May 16th, 2011
Posted at: 10:59 pm
hi "KARTIK" , ok ok , thank you very much