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

    Hi CB! GA Shld I enter 4800 PE nw @ cmp. Pl. Suggest

    Thanks


  2. tuff money Says:
    May 16th, 2012
    Posted at: 1:24 pm

    hi cb,

    im thinking of 680 ca in RIL... any target? stoploss?


  3. CB Says:
    May 16th, 2012
    Posted at: 1:25 pm

    Hi AJ, can test 72 again

    Hi Mee, no, dont make a fresh entry now. wait for some bounce


  4. ani Says:
    May 16th, 2012
    Posted at: 1:25 pm

    Hi CB,


    sir still holding airtel [email protected] nt moving......its touch 298...but again bounce back...on the upper side it didnt even crossed the 308 mark...wat to do....

    sir any other pe or ce....shld i go wid 5000ce.....


  5. CB Says:
    May 16th, 2012
    Posted at: 1:25 pm

    Hi tuff money, yes, did manage to hold 674 today. can enter it once nifty crosses 4850


  6. Sup!! Says:
    May 16th, 2012
    Posted at: 1:25 pm

    cb ... wat tell about nifty end day today?


  7. CB Says:
    May 16th, 2012
    Posted at: 1:26 pm

    Hi ani, yes, hold for some more time. as of now no new call

    Hi Sup!!, above 4850, could test 4870 again


  8. Sup!! Says:
    May 16th, 2012
    Posted at: 1:27 pm

    can buy 5000ce?


  9. CB Says:
    May 16th, 2012
    Posted at: 1:28 pm

    Hi Sup!!, no, not yet. lets wait. global markets are mixed as of now.


  10. Azad Says:
    May 16th, 2012
    Posted at: 1:29 pm

    HI Cb,

    Should I enter BHEL for intraday at these levels?


  11. vinod Says:
    May 16th, 2012
    Posted at: 1:30 pm

    HI CB will the market fall further today or some recovery is possible


  12. Akash Says:
    May 16th, 2012
    Posted at: 1:31 pm

    Hi CB, Nifty below 4850 but 4800 PE did not move. Shud I exit? But I will be in loss only I guess. It touched 81 but now at 72 again.


  13. CB Says:
    May 16th, 2012
    Posted at: 1:32 pm

    Hi Azad, yes, in small quantity

    Hi vinod, as of now seems may remain a bit flat from here

    Hi Akash, hold it for few days. overall markets look weak


  14. VJ Says:
    May 16th, 2012
    Posted at: 1:32 pm

    hi cb, not much into currency trading, i got a tip from broker to short rupee/dollar.. he asked me to sell 3 lots.. what shall i do.. if its a good tip can you please suggest levels !


  15. CB Says:
    May 16th, 2012
    Posted at: 1:33 pm

    Hi VJ, no. its making new highs. don't go short on it yet.


  16. SS Says:
    May 16th, 2012
    Posted at: 1:33 pm

    Hi CB,
    which link is to track INR:USD ?

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