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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Comment pages: 232425262728293031Show all

  1. CB Says:
    May 17th, 2012
    Posted at: 4:04 pm

    Hi Vipin, as of now these are going weak. dont enter yet

    Hi Sai Palanivel, as of now seems like a flattish opening. lets see how US markets close.

    Hi Akash, why so many trades? hold the ce for now. lets see how US markets close tonight

    Hi G, yes, hold for now.


  2. Madhes Says:
    May 17th, 2012
    Posted at: 4:05 pm

    Hi CB, Holding BHEL @ 208....still yesterday recommendation is valid..if so what is the target....


  3. RAVS Says:
    May 17th, 2012
    Posted at: 4:08 pm

    Hi CB,Holding 4800 call at 118. Plz suggest wat to do. Will I be able to exit from it tomorrow in profits


  4. RS Says:
    May 17th, 2012
    Posted at: 4:09 pm

    Hi CB...today M&M did not work at all :(


  5. SAI Says:
    May 17th, 2012
    Posted at: 4:10 pm

    hi CB GA holding 4800 pe can i hv exit level and sl


  6. Sai Palanivel Says:
    May 17th, 2012
    Posted at: 4:10 pm

    Thanks CB SIR.


  7. CB Says:
    May 17th, 2012
    Posted at: 4:44 pm

    Hi Madhes, yes, hold for now. can test 214

    Hi RAVS, its a hold with sl at 4850 for now

    Hi RS, yes..after news of bad results from bajaj auto, the sector saw selling pressure

    Hi SAI, its a hold. below 4850 can test 4820

    Hi Sai Palanivel, most welcome

    Hi Akash, yes, hold for now.


  8. Ham Says:
    May 17th, 2012
    Posted at: 4:46 pm

    Hi CB,
    Good evening CB :)
    Has strong feeling that nifty will fall to 4700 levels before May F&O expiry and can test Dec lows in June as $ is in strong bullish mode and may head up to 57-58 in June month and also due to worst economic conditions in EU .........
    What's ur opinion ?


  9. ani Says:
    May 17th, 2012
    Posted at: 4:47 pm

    Hi CB,


    sir very gud evening.....sold the bhel wid a small profit :)...thn purchased dlf 180pe and made another small profit....but in M&M made a loss......

    its ok....
    sir can we hav som personal num or mail id...so tat we can contact u incase of emergency..

    any other pe or ce fr next week....


  10. ginkle Says:
    May 17th, 2012
    Posted at: 4:52 pm

    HI CB still holding itc 230 pe and jp associates 55 pe should i hold or exit?


  11. Ham Says:
    May 17th, 2012
    Posted at: 4:53 pm

    World stocks mixed amid bargain-hunting vs caution

    http://news.yahoo.com/world-stocks-mixed-amid-bargain-hunting-vs-caution-093418281--finance.html;_ylt=AuhmD4o8N_ERr2sNCQeuBvqRP5Z4


    Insight: Greek exit could cost eurozone 100s of billions of euros

    http://news.yahoo.com/insight-greek-exit-could-cost-eurozone-100s-billions-095617635.html


    Spain beset by bank crisis, recession, bond pressure

    http://www.reuters.com/article/2012/05/17/us-spain-economy-idUSBRE84G0CK20120517


    Greece slides on bailout targets in political paralysis

    http://www.reuters.com/article/2012/05/17/us-greece-troika-idUSBRE84F12T20120517


    Spanish borrowing costs soar as FTSE losing streak continues

    http://www.telegraph.co.uk/finance/debt-crisis-live/9271371/Debt-crisis-live.html


  12. Ham Says:
    May 17th, 2012
    Posted at: 4:58 pm

    Japan's economic growth nearly doubles U.S.

    http://money.cnn.com/2012/05/17/news/economy/japan-gdp/index.htm


    One-fifth of Spain's GDP is now black market

    http://www.msnbc.msn.com/id/47456640/ns/world_news-the_new_york_times/


    In China, Economics Is Politics

    http://www.businessweek.com/articles/2012-05-16/in-china-economics-is-politics


    EU on edge till Greek polls on June 17: RBC

    http://www.moneycontrol.com/news/european-markets/euedge-till-greek-pollsjune-17-rbc_705759.html


    Greek worries push European markets down further

    http://www.1mtx.com/markets-trades/en/index.php


  13. SURAJIT PATRA Says:
    May 17th, 2012
    Posted at: 4:59 pm

    Hi CB, Cairn India Can touch 330 on 18/05/2012 ???


  14. Ham Says:
    May 17th, 2012
    Posted at: 5:02 pm

    Market could touch 4730-4725 on lower side

    http://www.moneycontrol.com/news/market-outlook/market-could-touch-4730-4725lower-side-prakash-diwan_705745.html#toptag


    See deep value in market; buy high quality stocks

    http://www.moneycontrol.com/news/mf-interview/see-deep-valuemarket-buy-high-quality-stocks-axis-amc_705677.html#toptag


    Mkt in vicious cycle; looks like a long nightmare

    http://www.moneycontrol.com/news/market-outlook/mktvicious-cycle-looks-likelong-nightmare-malkani_705768.html#toptag


    Weak rupee burdens oil importing companies

    http://www.moneycontrol.com/news/cnbc-tv18-comments/weak-rupee-burdens-oil-importing-companies_704883.html


    50 IPOs of Rs 40,000 cr called off: SMC Global

    http://www.moneycontrol.com/news/ipo-news/50-iposrs-40000-cr-called-off-smc-global_705627.html


  15. nil Says:
    May 17th, 2012
    Posted at: 5:04 pm

    Hi CB,
    u did not answer my question ....How to get Get Live Nifty Chart Intraday (NSE), Nifty Future Charts at Chartink.com???
    please tell me...
    -nil


  16. Venkat Says:
    May 17th, 2012
    Posted at: 5:07 pm

    CB Sir, Short On Financial Technologies May Fu @ 588 now it's 581 will go down or tomorrow squre off please suggest

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