Intraday calls for 18-05-12

Quotes with Resistance & Support

Market Information

Intraday calls for 18-05-12

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

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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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Rahul Says:
May 18th, 2012
Posted at: 11:51 am
Hi CB: Which is better to stock for long term : GSPL or Petronet LNG.
Padmashilla Says:
May 18th, 2012
Posted at: 11:52 am
what you say about the tata motor
what is the buying level u think
Prasad Says:
May 18th, 2012
Posted at: 11:52 am
Hi cb, its time to buy sbi or wait ??
smarty Says:
May 18th, 2012
Posted at: 11:52 am
thnxxxx...cb yes it will recover more points..cb nifty is recoverying or not
?
CB Says:
May 18th, 2012
Posted at: 11:53 am
Hi raja, no, not sure of entering it yet
Hi Rahul, both are looking weak dont enter yet
Hi Akash, hold for now
Hi Padmashilla, it can test 245. dont enter yet
Hi Prasad, can add in small quantity
CB Says:
May 18th, 2012
Posted at: 11:54 am
Hi smarty, yes, does look good.
Karan Sharma Says:
May 18th, 2012
Posted at: 11:56 am
Thanks so much for answering the query.
Bought GMR (Futures 1 lot) @ 18.50. Plz tell what to do?
pradip Says:
May 18th, 2012
Posted at: 11:56 am
hi cb,
whats ur view on educomp can it be taken now for a 6 months horizon?
CB Says:
May 18th, 2012
Posted at: 11:57 am
Hi Karan Sharma, most welcome. it can see 19.30. hold it
Hi pradip, no, it looks weak
Padmashilla Says:
May 18th, 2012
Posted at: 11:57 am
thank you
your last prediction on MNM is also right
Dinesh Kumar Says:
May 18th, 2012
Posted at: 11:58 am
NMDC... still not moving up...............
CB Says:
May 18th, 2012
Posted at: 11:58 am
Hi Padmashilla, most welcome.
pradip Says:
May 18th, 2012
Posted at: 11:59 am
hi cb ,
can u suggest any share that can be taken now ....with 6 months horizon? or we should wait more..as markets look very weak?
CB Says:
May 18th, 2012
Posted at: 12:00 pm
Hi pradip, can add some of bel, jsw steel for now.
chinta Says:
May 18th, 2012
Posted at: 12:00 pm
CB sir, can we enter Bharti..?
Karan Sharma Says:
May 18th, 2012
Posted at: 12:00 pm
Hi,
Whats the support for BHEL (Futures).