Intraday calls for 16-05-2012

Quotes with Resistance & Support

Market Information

Intraday calls for 16-05-2012

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

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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: 27 28 293031 32 33 34 35 Show all

VJ Says:
May 16th, 2012
Posted at: 3:28 pm
thank you CB, got 4900 CE @ 64.. please suggest tgt and sl
Kb Trader Says:
May 16th, 2012
Posted at: 3:28 pm
Hi CB, wht u think about nifty .... will it stay here for few days.. im not updated with news effects.. if yes im going for neutral..
sona Says:
May 16th, 2012
Posted at: 3:29 pm
Hi CB...holding SBIN 1800 PE at 70...should i hold?
CB Says:
May 16th, 2012
Posted at: 3:30 pm
Hi VJ, most welcome. can test 4900. sl near 4820
Hi Kb Trader, yes. seems may consolidate.
Hi sona, yes, hold it. can see 1790-1800
sona Says:
May 16th, 2012
Posted at: 3:31 pm
Thx
CB Says:
May 16th, 2012
Posted at: 3:31 pm
Hi sona,most welcome.
G Says:
May 16th, 2012
Posted at: 3:33 pm
cb, as per your advice exited from 4800pe with minor loss and entered 4900ce @ 63....
thanks for the advice...
VJ Says:
May 16th, 2012
Posted at: 3:33 pm
Hi CB, thanks a lot CB, have a great evening.. bye tc !!
Akash Says:
May 16th, 2012
Posted at: 3:36 pm
Hi CB, Can we expect 4900 in Nifty tomorrow and 5000 CE price around 65-70?
swamy Says:
May 16th, 2012
Posted at: 3:37 pm
I have 1lot short of Dish Tv for Rs 55.1 shall I Hold?
Kb Trader Says:
May 16th, 2012
Posted at: 3:38 pm
Hi CB, Hmm.. weekly also showing weakness .. strong res around 5050-5150.. targeting 4400. . may be it's a sell around res.levls .. lets see.. we got time :DD
Akash Says:
May 16th, 2012
Posted at: 3:39 pm
Hi CB, But my worry is that 5000 CE closed even lower at 29+. While 4800 PE closed at 66.50. Shall I buy PE again tomorrow to cover loss :(
Vipin Says:
May 16th, 2012
Posted at: 3:40 pm
hi cb
is there any +ve for nifty icici bank axis bank and litl
CB Says:
May 16th, 2012
Posted at: 4:11 pm
Hi G, most welcome. lets see how US markets close tonight.
Hi VJ, most welcome. you too have a good evening.
Hi swamy, its a hold for now. can test 53.50
Hi Kb Trader, hmm. lets see how it goes
Hi Vipin, no, as of now banks are going weak. lets wait before entering
Vipin Says:
May 16th, 2012
Posted at: 4:11 pm
guys I'm totally burned in this market
CB Says:
May 16th, 2012
Posted at: 4:12 pm
Hi Vipin, sorry to hear that. markets did see quite a bit of selling pressure today