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: 34567891011Show all

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

    CB,

    Came to my price. Exit or still hold??


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

    Hi rana, its a hold. looks good. can see 164.

    Hi Anil, exit 1 lot for now.


  3. AJ Says:
    May 16th, 2011
    Posted at: 9:17 am

    Why JINDALSAW down so much this morning?


  4. Vivek Shah Says:
    May 16th, 2011
    Posted at: 9:17 am

    Hi CB, any new call/put ??


  5. CB Says:
    May 16th, 2011
    Posted at: 9:18 am

    Hi AJ, technically has turned a bit weak

    Hi Vivek Shah, no, not yet.


  6. raj gupta Says:
    May 16th, 2011
    Posted at: 9:19 am

    Sir, m holding 5700 and 5800 call at very high rate , Please suggest sir what should i do hold or exit ?


  7. gayaram Says:
    May 16th, 2011
    Posted at: 9:19 am

    Hi CB, GM.


  8. CB Says:
    May 16th, 2011
    Posted at: 9:19 am

    Hi raj gupta, nifty is still in the same range. for now hold with sl at 5500


  9. CB Says:
    May 16th, 2011
    Posted at: 9:19 am

    Hi gayaram, Good morning.


  10. AJ Says:
    May 16th, 2011
    Posted at: 9:21 am

    Can i buy ARSS for intraday bouince?


  11. shiva Says:
    May 16th, 2011
    Posted at: 9:22 am

    whats sl for paramount print?


  12. CB Says:
    May 16th, 2011
    Posted at: 9:22 am

    Hi AJ, not yet .lets wait.


  13. Vivek Shah Says:
    May 16th, 2011
    Posted at: 9:23 am

    Hi CB, when you go offile, pls don't forget to mention stoploss and resistance lvls for nifty,

    some time we trapped due to sudden movements...


  14. CB Says:
    May 16th, 2011
    Posted at: 9:23 am

    Hi shiva, around 34


  15. Ajay Says:
    May 16th, 2011
    Posted at: 9:23 am

    HI CB,

    I have shorted SKS at 375 and could not buy back again. Can you let me know how NSE will close position.

    AJay


  16. CB Says:
    May 16th, 2011
    Posted at: 9:24 am

    Hi Vivek Shah, sure.. as of now its at 5480 and 5600

    Hi Ajay, did you do it today?

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