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: 5678910111213Show all

  1. micky-intrday Says:
    May 16th, 2012
    Posted at: 9:34 am

    Hi suzane, markets will see positive note once today ..intrday longs can be entered :)


  2. Ham Says:
    May 16th, 2012
    Posted at: 9:35 am

    Bounceback come & gone; race to 4800 is on

    http://www.moneycontrol.com/news/technicals/bounceback-comegone-race-to-4800-is-on-sukhani_704969.html#toptag


    Experts' view: What should be done to stem rupee's slide?

    http://economictimes.indiatimes.com/articleshow/13159990.cms


    RBI officials resigned to weaker rupee

    http://in.reuters.com/article/2012/05/16/india-rupee-rbi-rupee-idINDEE84F01K20120516


  3. Rahul Says:
    May 16th, 2012
    Posted at: 9:38 am

    cairn intraday target please


  4. micky-intrday Says:
    May 16th, 2012
    Posted at: 9:38 am

    Mostly markets will recover today hold your longs dont panic guys


  5. SS Says:
    May 16th, 2012
    Posted at: 9:38 am

    Hi micky-intrday,
    Below 4850, chances of recovery are very less.


  6. Rise Says:
    May 16th, 2012
    Posted at: 9:40 am

    hi micky..any cals from ur side??


  7. Ham Says:
    May 16th, 2012
    Posted at: 9:40 am

    Greeks Withdraw Nearly $1 Billion From Local Banks

    http://www.cnbc.com/id/47434632


    Investors Still Looking for QE3 as Europe Keeps Markets on Edge

    http://www.cnbc.com/id/47438499


    Warren Buffett's Berkshire Hathaway Adds GM to Holdings

    http://www.cnbc.com/id/47432553


  8. Sudip Says:
    May 16th, 2012
    Posted at: 9:40 am

    What about Ashok Leyland?


  9. natasha singh Says:
    May 16th, 2012
    Posted at: 9:41 am

    Hi there ...Can you tell me what was the bad news for Tata Motors...Cnbc is repeating it ....so was getting curious


  10. SS Says:
    May 16th, 2012
    Posted at: 9:42 am

    Hi Rahul,
    May go 329 (SPOT) if mkt recovers


  11. micky-intrday Says:
    May 16th, 2012
    Posted at: 9:42 am

    Hi rise , go for tulip telecom @ 83.50 target 85.50 at 88


  12. micky-intrday Says:
    May 16th, 2012
    Posted at: 9:45 am

    Hi SS, true looks weak there but recover has to come in ;)


  13. Sudip Says:
    May 16th, 2012
    Posted at: 9:45 am

    Is IRB Infra good for short term?


  14. CA.Tejas Says:
    May 16th, 2012
    Posted at: 9:46 am

    Result Analysis

    Aditya Birla Nuvo net falls 42%
    Aditya Birla Nuvo, which has interests in fashion to financial services, saw a 42 per cent fall in net profit in the March quarter, due to a rise in depreciation and interest costs

    JK Tyre posts net loss of Rs. 32 crore
    JK Tyre & Industries reported nearly seven-fold increase in its standalone net profit for the quarter ended March 31,2012,at Rs. 86.3 crore.

    Pantaloon posts 76% drop in profit to hive off Home Town
    High interest costs, lease rents and higher depreciation expenses brought down net profit of Pantaloon Retail (India) Ltd's core retail business by 76 per cent in the quarter ended March 2012 to Rs 12.03 crore

    Orchid Chemicals net drops 65% in Q4
    Orchid Chemicals & Pharmaceuticals Ltd has reported a 65 per cent drop in net profit at Rs 21 crore for the quarter ended March 2012.

    Tulip Telecom profit falls 19%
    Tulip Telecom reported a 18.8% decline in net profit at Rs.67.1 crore for the quarter ended March 31,2012, compared to the year-ago period.

    IL&FS Engineering posts Rs 37-cr loss in Q4
    IL&FS Engineering and Construction Company Ltd has posted a loss of Rs 36.73 crore for the fourth quarter ended March 31, on income of Rs 521.93 crore

    Cummins India Q4 net profit rises marginally to Rs 144 cr
    Engine maker Cummins India reported a marginal increase in net profit at Rs 144.57 crore for the fourth quarter ended March 31.

    Dishman Pharma Q4 net up 37% at Rs 31.29 cr
    Dishman Pharmaceuticals and Chemicals reported 37.35 per cent rise in consolidated net profit at Rs 31.29 crore for the quarter ended March 31, 2012.

    Muthoot Finance FY12 net up 80% at Rs 892 cr
    Leading gold loan company Muthoot Finance posted an over 80% jump in net profit at Rs 892 crore for the financial year 2011-12. The company had posted a net profit of Rs 494 crore in the previous fiscal.

    Cox & Kings posts Q4 net loss at Rs 26.34 crore
    Cox & Kings reported a net loss at Rs 26.34 crore during the last quarter ending March 31, 2012.

    Marg FY12 Net up 85% Rs 111 cr
    MARG Ltd, has reported 85 per cent increase in net profit at Rs 111 crore for the financial year 2011-12. The city based company registered a net profit of Rs 60 crore in the previous fiscal.

    Unitech net profit down 98%
    Realty firm Unitech Ltd recorded a steep fall of 97.7 per cent in its net profit during the fourth quarter of 2011-12, compared with that in the corresponding period the previous year.

    JK Paper Q4 net dips 52%
    JK Paper reported 51.90 per cent dip in net profit at Rs 11.12 crore for the quarter ended March 31, 2012 on account of increase in raw material costs.

    MMTC quarterly profit touches Rs 89 cr in Q4
    MMTC posted a nearly six-fold jump in net profit at Rs 89.47 crore for three months ended March 2012, primarily benefiting from increased imports of fertilizers and coal.

    Atul Auto net up 65% in FY12
    Atul Auto Ltd reported an increase of 65 per cent in net profit and 48 per cent in revenues in the financial year ended March 31, 2012, compared to the corresponding period in the previous fiscal.

    Everonn Education posts Rs 63 cr loss
    Everonn Education Ltd has reported a loss of Rs 63.03 crore during the fourth quarter ended March 31, 2012, as compared to profit of Rs 26.2 crore, during the same period last year.

    Shree Cement Q4 net up 73% at Rs 114 cr
    Shree Cement reported a 73% increase in net profit at Rs 114 crore for the quarter ended March 2012. It was Rs 66 crore in the same period a year ago.


  15. micky-intrday Says:
    May 16th, 2012
    Posted at: 9:47 am

    Hi Sudip, wait for more 10 to 15 rs dip in it


  16. sheeja Says:
    May 16th, 2012
    Posted at: 9:47 am

    Hi CB,

    Holding LITL.... I am planning to buy and accumulate more of this @ low levels
    @ what levels I can try considering buying this?

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