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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CB Says:
May 18th, 2012
Posted at: 8:53 am
Hi vipul07, as of now both are looking weak. don't enter yet
Hi zeko, yes, book near 4800
zeko Says:
May 18th, 2012
Posted at: 8:55 am
Hi Ham, wow!! nice to hear that, are you gonna hold it further or close ur position today?
CB Says:
May 18th, 2012
Posted at: 8:55 am
Hi Akash, no, as of now none. lets see.
Hi ttsathya, Good morning. ok. hold for now. its rallied quite a bit. can expect some profit booking soon
Akash Says:
May 18th, 2012
Posted at: 8:55 am
Hi CB, Or shud I buy Delta Corp for 1 week if it can see 85-90.
CB Says:
May 18th, 2012
Posted at: 8:55 am
Hi Akash, no, not yet.
Siddharth Says:
May 18th, 2012
Posted at: 8:56 am
Hi CB, lost 10K in M&M long, whats ur take on it today?
Kb Trader Says:
May 18th, 2012
Posted at: 8:56 am
Hi Ham, no no.. its the bottom... bit stretched in fact.. but not safe
CB Says:
May 18th, 2012
Posted at: 8:57 am
Hi Siddharth, sorry for your loss. as of now don't re-enter it.
Ham Says:
May 18th, 2012
Posted at: 8:57 am
Hi zeko,
Thank u Zeko........
Will book partially 25% profits for every 50 points dip in nifty
Lets hope for the best :)
Best wishes Bro:)
Ham Says:
May 18th, 2012
Posted at: 8:58 am
Hi Kb Trader,
Yeah, will book profits before close as some bounce is expected by next week....
Thank u :)
RAVI Says:
May 18th, 2012
Posted at: 8:59 am
hi cb, can i go short on ambuja cement
ashok Says:
May 18th, 2012
Posted at: 8:59 am
Hi cb,
shall i buy bpcl at opening?
CB Says:
May 18th, 2012
Posted at: 9:00 am
Hi RAVI, no, not yet. has support at 145
Hi ashok, no, not yet. enter lower near 720
anand Says:
May 18th, 2012
Posted at: 9:00 am
Hi Ham,
great trade :) !!
G Says:
May 18th, 2012
Posted at: 9:00 am
good morning cb, it is going to be worst day for me...
holding m&m @ 661 and also m&m 660CE @ 15....
very very huge loss...plz suggest me what to do
sona Says:
May 18th, 2012
Posted at: 9:00 am
Hi CB....how SBIN results going to be?