Quotes with Resistance & Support
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Intraday calls for 18-05-12

Posted on: May 18th, 2012 at 8:25 am

Markets likely to open lower. Support for nifty is at 4820.

If markets show recovery later during the day, buy: Ranbaxy Labs above 475.

11.32am – Continue to hold BHEL. near strong support levels.

1.33pm – buy nifty 4900ce at 50, target: 74. Stoploss: 4820 (spot) – (Book profit in 4900 ce at 70)

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849 Responses

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  1. revan Says:
    May 18th, 2012
    Posted at: 8:35 am

    Hi CB can i short Dishtv??


  2. gaps Says:
    May 18th, 2012
    Posted at: 8:36 am

    hi cb, since reliance has closed above 680 , can we enter it now for 2 to 3 days?


  3. ashok Says:
    May 18th, 2012
    Posted at: 8:37 am

    Hi cb,
    today shall i buy dlf ? Or sell tata power?


  4. CB Says:
    May 18th, 2012
    Posted at: 8:38 am

    Hi revan, no, not yet

    Hi gaps, not yet. enter it above 690

    Hi ashok, don't go short at opening. dif if holds onto 182 after opening for few min, one can go long.


  5. Maddy Says:
    May 18th, 2012
    Posted at: 8:40 am

    Hi cb, I am holding 4900 ce @ 66 , what Shud be the strategy to play today?


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

    Hi Maddy, as of now shall hold it. nifty has strong support in the 4750-4800 zone. possible see a small bounce next week


  7. gaps Says:
    May 18th, 2012
    Posted at: 8:43 am

    Hi CB, how is sail and bhel looking for today?


  8. SS Says:
    May 18th, 2012
    Posted at: 8:44 am

    Hi CB,
    GM Sir, Holding BoB and Tisco long fut. Do you see them showing strength or would go deep down with mkt. Tisco results are today.


  9. sandeep Says:
    May 18th, 2012
    Posted at: 8:45 am

    cb.............Can ACC see levels close to 1100 in the current series? Can we buy BPCL for a target of 800 in the current series?


  10. CB Says:
    May 18th, 2012
    Posted at: 8:45 am

    Hi gaps, sail may open a bit lower today. bhel can be added on intraday dips

    Hi SS, Good morning. tata may remain a bit flat/ negative till results are out. bob can test 655 if markets improve later


  11. SS Says:
    May 18th, 2012
    Posted at: 8:45 am

    Hi CB,
    SGX Nifty shows 80 point cut...do u agree with SGX ?


  12. CB Says:
    May 18th, 2012
    Posted at: 8:46 am

    Hi sandeep, can short acc below 1155. bpcl does look strong. can be entered on dips.


  13. girixh Says:
    May 18th, 2012
    Posted at: 8:46 am

    HI CB ... Give me one sure short tip for today with a target of just 1Rs only ,stock price below Rs 100
    .. planning to buy a lot


  14. CB Says:
    May 18th, 2012
    Posted at: 8:47 am

    Hi SS, yes, looking at global queues, seems may open lower

    Hi girixh, go with hindalco sell


  15. natasha singh Says:
    May 18th, 2012
    Posted at: 8:47 am

    Hi can i buy metal call.


  16. CB Says:
    May 18th, 2012
    Posted at: 8:47 am

    Hi Akash, dont enter other longs yet. lets see how nifty reacts after opening.

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