Quotes with Resistance & Support
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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: 181920212223242526Show all

  1. STREET DON Says:
    May 16th, 2012
    Posted at: 12:59 pm

    BREAKING NEWS : RUPEES AT 54.43 AT 12.50 PM (NEW LOW)


  2. CB Says:
    May 16th, 2012
    Posted at: 1:00 pm

    ill be back in 30 min.


  3. Rajan Says:
    May 16th, 2012
    Posted at: 1:00 pm

    Can i buy 4600 call at this level for may month ??? and should i squreoff the position at any time before month end ??


  4. mohu Says:
    May 16th, 2012
    Posted at: 1:01 pm

    Hi Sir,

    can i short 4800PE now


  5. ashok Says:
    May 16th, 2012
    Posted at: 1:01 pm

    Hi cb
    can i sell icici at current level


  6. STREET DON Says:
    May 16th, 2012
    Posted at: 1:02 pm

    Hi Rajan, 4600 PE MAY LOOKS RISKY... 4800 OR 4700 CAN BE BOUGHT IF NIFTY BREAK 4840 FOR MORE THAN 15 MINUTS.


  7. Rameshb Says:
    May 16th, 2012
    Posted at: 1:04 pm

    HI, HOW IS EUROPE?


  8. Ham Says:
    May 16th, 2012
    Posted at: 1:06 pm

    Bears, hold short positions till 4750..............


  9. Naran Says:
    May 16th, 2012
    Posted at: 1:07 pm

    RBI GOVERNOR FIND A FANTASTIC REASON FOR INCREASING INFLATION...."HIGH INCOME AND SUBSIDIES DRIVING INFLATION..." !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


  10. Ham Says:
    May 16th, 2012
    Posted at: 1:09 pm

    Got to go.........
    Bye for now..........
    Best wishes for everyone :)


  11. ARCHANA Says:
    May 16th, 2012
    Posted at: 1:14 pm

    can i by 4900 call 62.00rs hold exit


  12. CB Says:
    May 16th, 2012
    Posted at: 1:20 pm

    Hi Rajan, yes, exit on any bounce for now

    Hi ashok, no, not sure yet

    Hi Rameshb, its trading 1% lower

    Hi Naran, :)

    Hi Ham, bbye

    Hi ARCHANA, would advice to exit on any bounce for now


  13. CBT Says:
    May 16th, 2012
    Posted at: 1:22 pm

    Hi CB,

    will nifty fall further can i buy 4700 or 4600 PE.


  14. zeko Says:
    May 16th, 2012
    Posted at: 1:23 pm

    Hi STREET DON, Y is 4600PE more riskier then 4800PE option??


  15. CB Says:
    May 16th, 2012
    Posted at: 1:23 pm

    Hi CBT, as of now its best to wait for a small bounce


  16. AJ Says:
    May 16th, 2012
    Posted at: 1:24 pm

    GEOMETRIC is down... (my price is 72) do u see it moving up before close?

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