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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  1. CB Says:
    May 16th, 2012
    Posted at: 8:58 am

    Hi shivi, has strong support at 209


  2. CB Says:
    May 16th, 2012
    Posted at: 8:59 am

    Hi Akash, go with pe


  3. anand Says:
    May 16th, 2012
    Posted at: 9:00 am

    thanks CB


  4. CB Says:
    May 16th, 2012
    Posted at: 9:00 am

    Hi anand, most welcome.


  5. AJ Says:
    May 16th, 2012
    Posted at: 9:00 am

    can i enter IND CEM on opening..for intraday?


  6. CB Says:
    May 16th, 2012
    Posted at: 9:01 am

    Hi Akash, yes

    Hi AJ, no, not yet.


  7. natasha singh Says:
    May 16th, 2012
    Posted at: 9:02 am

    Hello,

    Can I go for Tata Motors 280 Put or DLF 190 Put?


  8. SS Says:
    May 16th, 2012
    Posted at: 9:02 am

    Wht's this...preopen 140 point up when global bleeding. Cool down Nifty.... Don't fool us...


  9. Akash Says:
    May 16th, 2012
    Posted at: 9:03 am

    Hi CB, Also, is there any chance Rel 680 CE will open even 40-50 paisa higher? Also, shud I buy 4800 PE at opening or in 5-10 mins...


  10. Kb Trader Says:
    May 16th, 2012
    Posted at: 9:05 am

    Here is nifty hourly chart with technicals ....... http://goo.gl/btp4o


  11. vinod Says:
    May 16th, 2012
    Posted at: 9:05 am

    HI CB gud mrg, as the market will be down, can i go for short in Lanco.


  12. Karan Sharma Says:
    May 16th, 2012
    Posted at: 9:05 am

    Hi,

    Sold GMR (Futures 1 lot) @ 20.50/-. Plz tell what to do?


  13. shiva Says:
    May 16th, 2012
    Posted at: 9:05 am

    can i short ivrcl?


  14. CB Says:
    May 16th, 2012
    Posted at: 9:06 am

    Hi natasha singh, go with tata motor pe below 285

    Hi SS, it adjusted.

    Hi Akash, no, seems unlikely

    Hi vinod, Good morning. yes, can short. don't short if it opens gap down


  15. CB Says:
    May 16th, 2012
    Posted at: 9:06 am

    Hi shiva, no, not sure as of now

    Hi Karan Sharma, can test 20


  16. Akash Says:
    May 16th, 2012
    Posted at: 9:06 am

    Hi CB, At what price we can buy 4800 PE. Hope Market will not go up otherwise I will lose whatever is remaining....

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