Quotes with Resistance & Support
Market Information

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: 9:00 am

    Hi G, Good morning. ok. exit the ce at opening for now. hold the cash stocks. shall add few more on dips if nifty holds onto 4800 levels.


  2. CB Says:
    May 18th, 2012
    Posted at: 9:01 am

    Hi Akash, yes. can enter it below 4750

    Hi sona, no, not really sure yet.


  3. G Says:
    May 18th, 2012
    Posted at: 9:02 am

    can i sell the cash in pre-open market??


  4. Siddharth Says:
    May 18th, 2012
    Posted at: 9:02 am

    Hi, can i short ICICI for intraday


  5. CB Says:
    May 18th, 2012
    Posted at: 9:02 am

    Hi G, no, shall exit the ce for now

    Hi Siddharth, don't go short if opens gap down.


  6. Ham Says:
    May 18th, 2012
    Posted at: 9:03 am

    Hi anand,
    Thank u Bro :)
    Best wishes :)


  7. AJ Says:
    May 18th, 2012
    Posted at: 9:03 am

    Hows SHALI PAINTS for intraday buy on opening?


  8. manohar Says:
    May 18th, 2012
    Posted at: 9:04 am

    Can I buy Everonn at 212 for intraday target 217?


  9. CB Says:
    May 18th, 2012
    Posted at: 9:04 am

    Hi AJ, can enter if holds onto 475

    Hi Akash, ok.


  10. Ham Says:
    May 18th, 2012
    Posted at: 9:04 am

    Asia shares fall steeply on worries over Spain banks, growth

    http://in.reuters.com/article/2012/05/18/us-markets-global-idINBRE83R03020120518


    US mkts hit 4-month low, Nasdaq closes 2.1% down

    http://www.moneycontrol.com/news/international-markets/us-mkts-hit-4-month-low-nasdaq-closes-21-down_706027.html


    Moody's downgrades Spanish banks

    http://money.cnn.com/2012/05/17/markets/moodys-downgrade-spanish-banks/index.htm?iid=Lead


  11. CB Says:
    May 18th, 2012
    Posted at: 9:05 am

    Hi manohar, no, looks weak


  12. AJ Says:
    May 18th, 2012
    Posted at: 9:05 am

    Any views on EVERONN EDU for intraday buy?


  13. G Says:
    May 18th, 2012
    Posted at: 9:05 am

    and also holding bhel 210ce @ 7 :-((((


  14. CB Says:
    May 18th, 2012
    Posted at: 9:06 am

    Hi AJ, it looks weak. dont enter yet

    Hi G, its a hold for now. near strong support levels

    Hi Akash, go with 45


  15. Amit Says:
    May 18th, 2012
    Posted at: 9:07 am

    HI CB,
    Can i short SBIN ???


  16. Ani Says:
    May 18th, 2012
    Posted at: 9:07 am

    Cb sir

    Thinking abt wipro 400ce....heard abt iaf deal.....
    Ur views

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