Quotes with Resistance & Support
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Intraday calls for 16-05-14

Posted on: May 16th, 2014 at 8:25 am

Markets likely to open flat. Likely to remain volatile toady

Buy GMR infra on intraday dips. Trade in small quantities.

12.03pm – Buy Rajesh Exports at 129.50, target: 136-137. Stoploss: 125

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330 Responses

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  1. YASH Says:
    May 16th, 2014
    Posted at: 4:02 pm

    CB
    holding 160 PE of DLF is it hold what's the stop loss what could be on monday


  2. CB Says:
    May 16th, 2014
    Posted at: 4:02 pm

    Hi mohan, fmcg and pharma are defensive bets. may remain flat for some time now. IT also will remain a bit weak/ flat due to rupee appreciation


  3. CB Says:
    May 16th, 2014
    Posted at: 4:02 pm

    Hi YASH, its a hold with sl at 173. technically does look a bit strong above 164


  4. ND Says:
    May 16th, 2014
    Posted at: 4:03 pm

    Hi CB,
    Sir I couldn't exit GMR today. How it is technically? Can it cross 30 before expiry ?


  5. Wahid Says:
    May 16th, 2014
    Posted at: 4:11 pm

    Hi CB Sir, bought Titan @307 please advise if its a hold & target. Thanks


  6. Rajasekar Says:
    May 16th, 2014
    Posted at: 4:29 pm

    cb sir, exit all my holding and keeping the following

    Banknifty 15400@280
    Nifty [email protected]
    Union Bank [email protected]
    pl advice


  7. CB Says:
    May 16th, 2014
    Posted at: 5:19 pm

    Hi Vishal, as of now no new call. shall update shortly

    Hi Rajasekar, these have rallied quite a bit. book profits on rise on Monday for now

    Hi Wahid, it may consolidate after recent upmove before moving higher. hold for short term

    Hi ND, yes, does look good. can test 29.50-30


  8. Rajasekar Says:
    May 16th, 2014
    Posted at: 5:25 pm

    ok thanks incl nifty pe also or hold pe


  9. CB Says:
    May 16th, 2014
    Posted at: 5:26 pm

    Hi Rajasekar, yes, its a hold for now. can expect some profit booking after recent rally


  10. amit Says:
    May 16th, 2014
    Posted at: 5:28 pm

    CB.. whats the call for Nestle at current CMP for a long term.. Looks like it is getting near its strong support region?? Your views please..


  11. Prathmesh Says:
    May 16th, 2014
    Posted at: 5:32 pm

    CB sir now STC is above target given by you...so what will be next target and @ what level shud I sell and book profit?


  12. CB Says:
    May 16th, 2014
    Posted at: 5:32 pm

    Hi amit, technically its in a downtrend as of now. best to avoid for now. can fall by another 7-10% in near term


  13. CB Says:
    May 16th, 2014
    Posted at: 5:32 pm

    Hi Prathmesh, book near 220


  14. Prathmesh Says:
    May 16th, 2014
    Posted at: 5:34 pm

    ok thnx sir, after election results are almost out..what shud I do in next week in Jubliant, Welspun, Delta, SAIL and NMDC?


  15. ajith Says:
    May 16th, 2014
    Posted at: 5:43 pm

    Hi CB, sir holding gmr and struck in icici forgot to put stoploss in office hours . What should i do


  16. Vishal Says:
    May 16th, 2014
    Posted at: 5:51 pm

    Hi CB, Do you see huge gap up opening on Monday? Also do you see 8000 CE going up on Monday?

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