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. Ajay Says:
    May 16th, 2011
    Posted at: 9:25 am

    No CB,

    I did it on thursday.

    Ajay


  2. karthick prabhu Says:
    May 16th, 2011
    Posted at: 9:25 am

    hi can i can hold decaan chronical only til 3.30 today ,what shal i do ,already in huge loss


  3. Anil Says:
    May 16th, 2011
    Posted at: 9:26 am

    CB,

    Not squared of yet. Going up again. Still in profits. Exit ot hold?


  4. Tejas Gupta Says:
    May 16th, 2011
    Posted at: 9:26 am

    Hi all buy JSW Steel fut at 935 and tgt 942/950 sl is 927


  5. raj Says:
    May 16th, 2011
    Posted at: 9:26 am

    CB what rate to buy suzlon??? its up by 1.5 rs...


  6. CB Says:
    May 16th, 2011
    Posted at: 9:27 am

    Hi Ajay, ok. it will go for auction today. whatever price it trades at 1-2pm, it will be covered at that price. as of now seems you will exit in profit. but check with your broker for penalty charges. some brokers charts 10% of total amt as penalty

    Hi karthick prabhu, exit 50% for now. does look a bit weak below 77.50


  7. Ajay Says:
    May 16th, 2011
    Posted at: 9:27 am

    And today it 5% LC. Will NSE take average of 5 day moving average or will it close at current price at close today + some penalty.

    Ajay


  8. CB Says:
    May 16th, 2011
    Posted at: 9:27 am

    Hi Anil, ok. hold for now

    Hi Tejas Gupta, thanks

    Hi raj, yes, can test 56.


  9. Tejas Gupta Says:
    May 16th, 2011
    Posted at: 9:28 am

    Hi CB, welcome sir


  10. RR Says:
    May 16th, 2011
    Posted at: 9:28 am

    CB SIR GM, Unitec intraday SL,Target for CM PRICE.


  11. dev Says:
    May 16th, 2011
    Posted at: 9:28 am

    sir is it good to buy ranbaxy


  12. CB Says:
    May 16th, 2011
    Posted at: 9:29 am

    Hi RR, can see 37 it seems if markets improve a bit

    Hi dev, no, wait for some dip to enter it.


  13. Vivek Shah Says:
    May 16th, 2011
    Posted at: 9:29 am

    any call/put in nifty or stocks ??


  14. Ajay Says:
    May 16th, 2011
    Posted at: 9:29 am

    Hi CB,

    I checked with my broker (sharekhan) and they told me that it will be settled in T+4 days (that is on wednesday) and NSE will charge 5% penalty.

    Ajay


  15. JR Says:
    May 16th, 2011
    Posted at: 9:30 am

    Sir trgt for Havells


  16. amolo Says:
    May 16th, 2011
    Posted at: 9:30 am

    Hi CB,

    I have ONGC @ 296. Should I hold it or Sell it ???

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