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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thavva Says:
May 16th, 2011
Posted at: 9:02 am
Hi CB, GM, does Karnataka political issue has any impact on markets?
MURUGAN Says:
May 16th, 2011
Posted at: 9:02 am
GOOD MORNING CAN I ENTER ASHOK LEY FOR INTRADAY AS PRE OPEN IS BETTER
VS Says:
May 16th, 2011
Posted at: 9:03 am
and what about jsw steel, i bought at 926, shall i wait or exit?
CB Says:
May 16th, 2011
Posted at: 9:03 am
Hi Abc, seems may remain a bit flat today
Hi ronny, may open 50-60 points lower. strong support at 5470
JR Says:
May 16th, 2011
Posted at: 9:03 am
Gud Mrng CB sir...
In which price should i buy Suzlon for intraday... SL and Trgt plss
CB Says:
May 16th, 2011
Posted at: 9:04 am
Hi thavva, no, not really sure yet
Hi MURUGAN, Good morning. enter after 5 min of opening. good support at 48
Hi VS, its a hold. above 940 can see 970
CB Says:
May 16th, 2011
Posted at: 9:05 am
Hi JR, Good morning. enter near 52.20 with sl at 51.70
SS Says:
May 16th, 2011
Posted at: 9:05 am
Hi CB,
Nifty has moved from Discount to premium of 36 points. Looks, we are out from down ?
jit Says:
May 16th, 2011
Posted at: 9:06 am
see,s flat opening
raj Says:
May 16th, 2011
Posted at: 9:06 am
Hi CB, is unitech a good buy or suzlon??
CB Says:
May 16th, 2011
Posted at: 9:06 am
Hi SS, possible corrects after opening. lets see
Hi jit, hmm
Vivek Shah Says:
May 16th, 2011
Posted at: 9:06 am
Hi CB, GM, where is nifty heading this week ?? Petrol Hike negative for market but how much ??
CB Says:
May 16th, 2011
Posted at: 9:06 am
Hi raj, go with suzlon on dips.
JR Says:
May 16th, 2011
Posted at: 9:07 am
Sir will Suzlon come down... in preopen 55.4...
CB Says:
May 16th, 2011
Posted at: 9:07 am
Hi Vivek Shah, Good morning. strong support at 5470. if holds onto it, can bounce back to 5600 levels.
CB Says:
May 16th, 2011
Posted at: 9:07 am
Hi JR, not sure of 55 yet. seems may open a bit flat.