Quotes with Resistance & Support
Market Information

Intraday calls for 16-05-2012

Posted on: May 16th, 2012 at 8:24 am

Markets likely to open lower. Support for nifty is at 4870.

Sell ACC below 1165, target: 1148. Stoploss: 1180 – (Book profit in ACC at 1148-1150)

1.34pm – Buy BHEL at 207.85, target: 214. Stoploss: 202 (1-2 day hold)

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558 Responses

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Comment pages: 91011121314151617Show all

  1. Rajan Says:
    May 16th, 2012
    Posted at: 10:45 am

    HI CB why market goes down last 7 8 session, should i exit now for some time ??

    currently i have pantaloon, is there any upmove for short term i have at 144


  2. CB Says:
    May 16th, 2012
    Posted at: 10:45 am

    Hi ansh, not really sure why

    Hi vinod, can test 11.60

    Hi VJ, its a hold for 1-2 days. oil stocks are a bit positive today


  3. Naran Says:
    May 16th, 2012
    Posted at: 10:45 am

    Hi CB, Sir I am trying to squire off nifty 4800 pe bought @ 65 two days ago. I can't sell it above @89 even If nifty fall further.....???


  4. Sai Palanivel Says:
    May 16th, 2012
    Posted at: 10:46 am

    THANK YOU CB SIR.


  5. CB Says:
    May 16th, 2012
    Posted at: 10:47 am

    Hi RAVS, hold for now. sl near 4840

    Hi smarty, as of now no new call. shall look for some and advice

    Hi Rise, no, not yet

    Hi Rajan, there has been negative news flow. dont enter pantaloon yet


  6. smarty Says:
    May 16th, 2012
    Posted at: 10:47 am

    ok cb..thnxxxx


  7. SS Says:
    May 16th, 2012
    Posted at: 10:48 am

    Hi CB,
    BoB and Cairn..Both outperformed the mkt. I did say in morning.


  8. Akash Says:
    May 16th, 2012
    Posted at: 10:48 am

    Hi CB, So shud I continue to hold 4800 PE for target 150+. Nifty is again at 4860 and not going further down. Wht to do?


  9. CB Says:
    May 16th, 2012
    Posted at: 10:48 am

    Hi Naran, you should be able to keep a limit price.

    Hi Sai Palanivel, most welcome.


  10. CB Says:
    May 16th, 2012
    Posted at: 10:48 am

    Hi smarty, most welcome

    Hi SS, :) nice..

    Hi Akash, yes.


  11. RAVI Says:
    May 16th, 2012
    Posted at: 10:49 am

    HI CB, fertiliser stock are in positive on urea news from yesterday but why deepak fertiliser is not in positive stuck at @ 138 kindly advise what to do . can i see these lvl today


  12. CB Says:
    May 16th, 2012
    Posted at: 10:49 am

    Hi RAVI, it does have strong support near 132. hold for now. can expect some bounce


  13. Naran Says:
    May 16th, 2012
    Posted at: 10:49 am

    Hi CB, Thank you sir...


  14. AT Says:
    May 16th, 2012
    Posted at: 10:51 am

    cb,

    holding ongc 240 pe ..............shall i average at cmp?


  15. test Says:
    May 16th, 2012
    Posted at: 10:51 am

    boss..............i taken nifty call at 5000 any hope before expiry?


  16. CB Says:
    May 16th, 2012
    Posted at: 10:51 am

    Hi Naran, most welcome


    Hi AT, no, don't add more yet.

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