Quotes with Resistance & Support
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Intraday calls for 17-05-2012

Posted on: May 17th, 2012 at 8:28 am

Markets likely to open slightly higher. Support for nifty is at 4820.

Buy Mahindra & Mahindra above 658, target: 672. Stoploss: 647 – (sl triggered in M&M)

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492 Responses

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  1. Deepak Bedi Says:
    May 18th, 2012
    Posted at: 1:44 am

    Hi SM.. Will check it out in detail tomo... accessing the site on my tab currently... Thanks again for the detailed reply... I will send you the link of the chartist I track tomo where he has made a detailed presentation on this pattern... Thanks again... GN... :)


  2. Sohan Says:
    May 18th, 2012
    Posted at: 1:53 am

    Hello CB/ Kartik,

    Delta corp seems to have formed a bullish signal.How do you see it for tomorrow.

    Any safe bets for tomorrow.

    The Greece issue is not going out.Looks ike if they fai to keep together then there could be more troubles to the Euro zone.

    Sohan


  3. Sohan Says:
    May 18th, 2012
    Posted at: 1:57 am

    Hello SM / Deepak,

    Thanks for sharing this info on technical pattern.

    Good night to all.

    See you tomorrow.

    Sohan


  4. zeko Says:
    May 18th, 2012
    Posted at: 7:22 am

    Hi Good morning all!! looking at the world markets.. looks like Nifty may open gap down. CB what is your view on the market today and the coming week?


  5. CB Says:
    May 18th, 2012
    Posted at: 8:16 am

    Hi Sohan, is bouncing back from supports of 52-53. as of now seems nifty may open 70 odd points lower. don't enter it yet

    Hi zeko, Good morning. yes. may open 60-70 points lower. technically has strong support at 4750. possible see a small bounce from there


  6. SaiPalanivel Says:
    May 18th, 2012
    Posted at: 8:23 am

    HI CB SIR,GM.NIFTY OPEN 60-70 OPEN LOWER? NIFTY 5000 CE HOLD WHAT CAN I DO? YOUR ADVICE PLEASE. ANY RECOVER TODAY +VE.


  7. CB Says:
    May 18th, 2012
    Posted at: 8:26 am

    Hi SaiPalanivel, guess will need to exit at opening from it for now. can re-enter on intraday dips. will help decrease the buy price.global markets are going weak.


  8. CB Says:
    May 18th, 2012
    Posted at: 8:27 am

    Hi Akash, Good morning. as of now seems nifty will open 50-70 points lower. dont enter a pe at opening. hold it for now.


  9. CB Says:
    May 18th, 2012
    Posted at: 8:30 am

    Hi Akash, ok. yes, should have held onto the pe at first. as of now hold the ce.


  10. SaiPalanivel Says:
    May 18th, 2012
    Posted at: 8:30 am

    CB SIR, NIFTY DIPS LEVEL CAN ENTER RECOVER MY LOSS NIFTY 5000 CE? WHATS YOUR VIEW.


  11. CB Says:
    May 18th, 2012
    Posted at: 8:31 am

    Hi SaiPalanivel, yes. can do that once markets see some signs of buying interets.


  12. CB Says:
    May 18th, 2012
    Posted at: 8:34 am

    Hi Akash, no, won't become 0 yet.


  13. CB Says:
    May 18th, 2012
    Posted at: 8:41 am

    Hi Akash, not sure of entering a pe after the gap down opening.


  14. CB Says:
    May 18th, 2012
    Posted at: 8:42 am

    Hi Akash, yes, lets hold till noon


  15. phim tam ly Says:
    July 13th, 2012
    Posted at: 5:39 am

    Attractive element of content. I just stumbled upon your site and in accession capital to assert that I acquire in fact loved account your blog posts. Anyway I'll be subscribing to your augment and even I achievement you get entry to persistently rapidly.

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