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

Posted on: May 16th, 2016 at 8:28 am

Markets likely to open flat. Support for Nifty is at 7750 and resistance at 7920. Bank Nifty has support at 16500 and resistance at 17050.

Buy JM Financial ltd at 42.90, target: 45.5. Stoploss: 41.50

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97 Responses

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  1. Apu Says:
    May 16th, 2016
    Posted at: 2:56 pm

    HI can anyone give suggestion about NILKAMAL plz suggest? hold or exit?


  2. AT Says:
    May 16th, 2016
    Posted at: 3:18 pm

    CB...I am badly trapped in Adani Ports CE ....currently in loss of 1.3 lakhs ....please advise escape from this.


  3. Rajesh Says:
    May 16th, 2016
    Posted at: 3:23 pm

    Hi CB ... can you please suggest 8000CE can i still hold or exit


  4. Abu Says:
    May 16th, 2016
    Posted at: 4:13 pm

    Holding IDFC @ 51.Kindly advice to hold or exit.


  5. PCS Says:
    May 16th, 2016
    Posted at: 4:14 pm

    CB Sir, What is your view on "Inox Wind", is it fundamentally Good to Add & HOlf for 3-6 Months.


  6. Sjmr Says:
    May 16th, 2016
    Posted at: 5:05 pm

    Hi AT, adani port futures or options?


  7. Sjmr Says:
    May 16th, 2016
    Posted at: 5:10 pm

    Hi AT, adani ports can see 150 if 180 support not held. Again surely come to 220-250.


  8. satish Says:
    May 16th, 2016
    Posted at: 7:08 pm

    Sir please advise on Chennai Petroleum Corporation Ltd.

    Bought 1500 Qty at 221

    Thanks.
    Satish


  9. prema Says:
    May 16th, 2016
    Posted at: 7:24 pm

    HI CB,

    Good Evening, holding 3 lots of 7900 PE @ 101 , please suggest.


  10. goutham Says:
    May 16th, 2016
    Posted at: 8:18 pm

    CB sir what about biocon any upside possible


  11. KK Says:
    May 16th, 2016
    Posted at: 10:30 pm

    Hi sir,
    Can you send me any material for technical analysis and derivatives.


  12. CB Says:
    May 17th, 2016
    Posted at: 7:54 am

    Sorry, had been traveling

    Hi KK, sure, shall email

    Hi goutham, above 632 can test 645

    Hi prema, Good morning. its a hold with sl near 7900 for now (spot)

    Hi satish, its a hold for short term if possible. is consolidating after recent upmove. technically looks strong.


  13. AT Says:
    May 17th, 2016
    Posted at: 8:17 am

    CB ...please respond to my above query ...I m holding 210 CE of Adani ports for May series...day by day it's going down...any way of recovering my money ...in huge loss of 1.3 lakhs


  14. CB Says:
    May 17th, 2016
    Posted at: 8:19 am

    Hi AT, oh ok. sorry to hear about your loss. shall try and recover it soon. yes, it has turned weak. since its a out of money call, it may not move much till it nears 200. going forward would advice not to enter falling stocks and buy only technically strong ones.


  15. AT Says:
    May 17th, 2016
    Posted at: 8:39 am

    What is the good level to exit so that I can minimise my loss

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