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

    Hi natasha singh, no, not yet.


  2. Akash Says:
    May 18th, 2012
    Posted at: 8:48 am

    Hi CB, Or any Stock Options which I can buy and it can become 3-4 times in 1-2 days. I have total of around 3k only to do anything and to recover this big amount.. Pls advise...


  3. vipul07 Says:
    May 18th, 2012
    Posted at: 8:48 am

    cb sir,

    your views on biocon for investment in pharma sector


  4. natasha singh Says:
    May 18th, 2012
    Posted at: 8:48 am

    oh sorry...can i short metal (jspl)


  5. AJ Says:
    May 18th, 2012
    Posted at: 8:49 am

    Can i enter DELTA CORP on opening ..for intraday?


  6. Kb Trader Says:
    May 18th, 2012
    Posted at: 8:49 am

    Hi CB, GM CBB


  7. Karan Sharma Says:
    May 18th, 2012
    Posted at: 8:49 am

    Hi,

    Can i sell GMR (Futures) @ CMP?


  8. Ham Says:
    May 18th, 2012
    Posted at: 8:50 am

    Hi CB,
    Good morning Bro :)
    Hurray !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
    Today will get my target of 4750 for sure..........
    Today is a big day for me as am holding huge position in 4800 PE :)
    Best wishes :)


  9. Siddharth Says:
    May 18th, 2012
    Posted at: 8:51 am

    Hi Cb, can i shotr BPCL


  10. sheeja Says:
    May 18th, 2012
    Posted at: 8:51 am

    Hi CB Good Morning, how nila infra looks, yesterday it was up freezed, is there any chance to move today also?


  11. vipul07 Says:
    May 18th, 2012
    Posted at: 8:51 am

    sir,

    mahindra n mahindra or tata motor which is better bet?


  12. zeko Says:
    May 18th, 2012
    Posted at: 8:52 am

    Hi CB, I'm holding Nifty PE should i close my position at opening or hold it till the end of today?


  13. CB Says:
    May 18th, 2012
    Posted at: 8:53 am

    Hi Akash, no, as of now no call

    Hi vipul07, its in a downtrend as of now. don't invest in it yet

    Hi Kb Trader, Good morning

    Hi natasha singh, no, don't go short on a gap down opening

    Hi AJ, no, not yet

    Hi Karan Sharma, its nearing support levels of 18.50-19.dont go short yet

    Hi Ham, Good morning :)

    Hi Siddharth, no, don't go short on it yet. with news of chances of petrol/ diesel price hike, these are seeing buying interest

    Hi sheeja, Good morning. yes, does look good for short/ med term.


  14. Ham Says:
    May 18th, 2012
    Posted at: 8:53 am

    I repeat again,
    Bears, hold ur short positions till 4750........ Don't be in hurry, will see 4750-4700(maybe by today itself)


  15. ttsathya Says:
    May 18th, 2012
    Posted at: 8:53 am

    GM.Sold USDINR @53.75. Will it go Dn or Up "U" Pl guide. To wait or cover for loss


  16. Akash Says:
    May 18th, 2012
    Posted at: 8:53 am

    Hi CB, Any chance that market will recover. Or can I enter some low priced PE for June or May if Nifty breaks 4800.

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