Quotes with Resistance & Support
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Intraday calls for 17-05-10

Posted on: May 17th, 2010 at 8:26 am

Markets likely to see a gap down opening. Support for nifty is at 4980.

If markets show recovery later during the day, buy: Bharat Petroleum Corporation Ltd & Divis Laboratories Ltd

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619 Responses

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  1. jame Says:
    May 17th, 2010
    Posted at: 8:27 am

    Thnx a lot


  2. CB Says:
    May 17th, 2010
    Posted at: 8:29 am

    Hi jame, most welcome..


  3. a4amit2 Says:
    May 17th, 2010
    Posted at: 8:31 am

    hi CB shall i short tata motor today?


  4. suresh Says:
    May 17th, 2010
    Posted at: 8:33 am

    Hi CB,

    VGM,Can we see nifty 4900 today.any bounce back in coming days


  5. suzane Says:
    May 17th, 2010
    Posted at: 8:33 am

    Hi CB, very good morning dear
    gap down opening :( ??
    Mujhe lagta he mein lut jaungi BFUTILITIE ke saath. What to do ?? Do u think it will give bounce after opening ??
    At what price to buy divislab and BPCL ??


  6. CB Says:
    May 17th, 2010
    Posted at: 8:33 am

    Hi a4amit2, no, dont enter it yet


  7. pankaj Says:
    May 17th, 2010
    Posted at: 8:34 am

    gm CB, looking at asian cues what's ur opnion for 5100 & 5200 calls held by me?? sl / tgt, if any. thanx.


  8. a4amit2 Says:
    May 17th, 2010
    Posted at: 8:34 am

    thanx cb


  9. CB Says:
    May 17th, 2010
    Posted at: 8:34 am

    Hi suresh, as of now seems will remain near 4980-5000. later take queues from european markets..

    Hi suzane, yes, seems to be a weak opening. bf utility posted results on Saturday, it reported a loss. if it opens 5-7rs lower, then try and exit at opening. enter divis and bpcl if nifty settles near 5000


  10. CB Says:
    May 17th, 2010
    Posted at: 8:35 am

    Hi pankaj, keep sl at 200dma of nifty which is at 4980.

    Hi a4amit2, most welcome


  11. suresh Says:
    May 17th, 2010
    Posted at: 8:36 am

    Hi CB,

    Thanks, can i buy 5100 put @cmp.


  12. airbites Says:
    May 17th, 2010
    Posted at: 8:37 am

    Morning CB,

    I am looking for real-time quotes of the world indices (Europe and Asia).
    Have any idea where can i get the same - Subscription is not an issue.

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