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. ruchit patel Says:
    May 16th, 2016
    Posted at: 8:56 am

    Thanks


  2. Harshal Says:
    May 16th, 2016
    Posted at: 8:57 am

    Good morning CB Sir, please suggest target for ucal fuel, Gail and Vedanta for today?


  3. Prathmesh Says:
    May 16th, 2016
    Posted at: 8:58 am

    Goodmorning CB sir


  4. CB Says:
    May 16th, 2016
    Posted at: 9:00 am

    Hi Ezhil, India cements can test 94. cipla around 545. not sure of sintex yet

    Hi Prathmesh, Good morning

    Hi Harshal, gail can test 383. ucal fuel can test 117. not sure of vedanta

    Hi ruchit patel, most welcome

    Hi Mkkamboj, most welcome

    Hi satish, its a hold. can test 398


  5. PKP Says:
    May 16th, 2016
    Posted at: 9:03 am

    Hi CB, sir is it right time to accumulate wochkdart in small qty for long term


  6. CB Says:
    May 16th, 2016
    Posted at: 9:04 am

    Hi PKP, not yet. is going weak


  7. Mkkamboj Says:
    May 16th, 2016
    Posted at: 9:07 am

    Your view on reliance defance?


  8. CB Says:
    May 16th, 2016
    Posted at: 9:08 am

    Hi Mkkamboj, its going weak. avoid for now


  9. PKP Says:
    May 16th, 2016
    Posted at: 9:09 am

    Hi CB, thanks sir will wait


  10. ashwin Says:
    May 16th, 2016
    Posted at: 9:09 am

    Good morning sir i bought cummins at 878 what is the tgt for 15 days


  11. CB Says:
    May 16th, 2016
    Posted at: 9:10 am

    Hi ashwin, Good morning. its a hold for now. has strong support at 840. if holds onto it, can bounce back to 900

    Hi PKP, most welcome


  12. Sourabh Says:
    May 16th, 2016
    Posted at: 9:10 am

    Intraday tgt for hindalco and rata chemical


  13. Sourabh Says:
    May 16th, 2016
    Posted at: 9:10 am

    Sorry tata chemical tgt pls


  14. CB Says:
    May 16th, 2016
    Posted at: 9:10 am

    Hi Sourabh, hindalco can test 91. not sure of rata chem


  15. a2b Says:
    May 16th, 2016
    Posted at: 9:11 am

    dear cb tgt for oudh sugar for today


  16. CB Says:
    May 16th, 2016
    Posted at: 9:11 am

    Hi Sourabh, can test 421

    Hi a2b, can test 102

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