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: 2345678910Show all

  1. AJ Says:
    May 16th, 2011
    Posted at: 9:08 am

    AUTOLINE IND results are out a while back..how do you see it reacting?


  2. shiva Says:
    May 16th, 2011
    Posted at: 9:08 am

    can I enter suzlon for today?


  3. CB Says:
    May 16th, 2011
    Posted at: 9:09 am

    Hi AJ, has support at 133. possible sees some bounce from here

    Hi shiva, enter in small quantity


  4. shiva Says:
    May 16th, 2011
    Posted at: 9:10 am

    shall i exit paramount appers on rise today or hold? bought @ 36


  5. VS Says:
    May 16th, 2011
    Posted at: 9:10 am

    thanks a lot CB, have a good day!


  6. jit Says:
    May 16th, 2011
    Posted at: 9:10 am

    surprising??????flat one


  7. CB Says:
    May 16th, 2011
    Posted at: 9:11 am

    Hi shiva, hold for now. does look good

    Hi VS, most welcome. you too have a good day

    Hi jit, yes.. lets see how first 5-10 min go


  8. Vivek Shah Says:
    May 16th, 2011
    Posted at: 9:11 am

    Hi CB, I am holding Minifty May @ 5570 and June @ 5625 (both on short side)

    what could be a stoploss ??


  9. Anil Says:
    May 16th, 2011
    Posted at: 9:11 am

    CB, Shall I exit Bajajau short and enter 5600 CE??


  10. jit Says:
    May 16th, 2011
    Posted at: 9:11 am

    if opens flat ,may i exit call immidiately


  11. Gitanjali Says:
    May 16th, 2011
    Posted at: 9:12 am

    HI CB, and everyone here .. thought of pasting this message...
    'Settlement Holiday: Shares bought today will not be available for selling tomorrow due to Settlement holiday '


  12. shiva Says:
    May 16th, 2011
    Posted at: 9:12 am

    SKS for another UC??


  13. CB Says:
    May 16th, 2011
    Posted at: 9:12 am

    Hi Vivek Shah, keep sl at 5570 for now

    Hi Anil, no, hold for now. exit if crosses 1340

    Hi jit, yes. enter again above 5570


  14. CB Says:
    May 16th, 2011
    Posted at: 9:13 am

    Hi Gitanjali, oh ok. thanks for the info

    Hi shiva, no, not sure.


  15. achattaraj Says:
    May 16th, 2011
    Posted at: 9:13 am

    for the updated news and research reports please visit
    http://marketupdate.blog.com
    and for the technical advise please get in touch with KARTIK/CB

    visit http://marketupdate.blog.com


  16. rana Says:
    May 16th, 2011
    Posted at: 9:15 am

    dear cb, i m holding hdil 150 call may expiry pls tell should i exit today or wait for some more upmove

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