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. micky-intrday Says:
    May 20th, 2012
    Posted at: 12:39 pm

    Hi Cb :), Cb rupee fall may drag the it stocks to higher levels , so in that case if am bulling on Financial tech above 598 for target of 610 and 620 of mondae is it a good chapter to close with ? ,And kpit this break the resistance of 121 and made new high f 125 can i short on opening or should go long


  2. kvk Says:
    May 20th, 2012
    Posted at: 12:48 pm

    Hello CB sir, gud morning...


  3. CB Says:
    May 20th, 2012
    Posted at: 1:14 pm

    Hi ashok, no, not sure of shorting these yet. have already corrected quite a bit

    Hi cvrprakash, yes, has good support at 300-305. can enter for a 5-7rs gain

    Hi Micky-Intraday :), good morning. yes, if markets remain a bit flat/ positive, FT will do well. KPIT too is in an uptrend.

    Hi shivi, it can test 645-648 if markets remain a bit positive

    Hi kvk, Good afternoon..


  4. Aman Says:
    May 20th, 2012
    Posted at: 2:58 pm

    HI CB..
    Happy Weekend..
    Pls suggest tomorrow's target for Relaxo. & support n resistsnce for Glodyne..


  5. ansh Says:
    May 20th, 2012
    Posted at: 3:19 pm

    hi cb,

    Pls tell where we can find the future&options price ?


  6. Kartik Says:
    May 20th, 2012
    Posted at: 4:45 pm

    Hi Aman, both may trade flat, would advice to book

    Hi ansh, try on nseindia.com


  7. Sohan Says:
    May 20th, 2012
    Posted at: 5:23 pm

    Hello CB,

    Reliance industries closed at 688. Will this jump from this level.

    Is it good buy at this level?


    Sohan


  8. vino Says:
    May 20th, 2012
    Posted at: 5:31 pm

    hai karthik/cb i am new to online trading what is limit,limit price,squared off


  9. CB Says:
    May 20th, 2012
    Posted at: 5:37 pm

    Hi Sohan, yes, can test 710-720 in coming days. can add in small quantity here

    Hi vino, limit is the stop loss usually. squared off is the book profit level in intraday


  10. Sohan Says:
    May 20th, 2012
    Posted at: 6:05 pm

    Hello CB,

    Thanks very much.

    Sohan


  11. vino Says:
    May 20th, 2012
    Posted at: 7:23 pm

    hai cb where can i find online terms


  12. CB Says:
    May 20th, 2012
    Posted at: 7:35 pm

    Hi Sohan, most welcome

    Hi vino, try wikipedia


  13. Kb Trader Says:
    May 20th, 2012
    Posted at: 7:35 pm

    Hi CB, heyyyyyyyy cbbbb . .. just hear this. . . i love her voice . . just superb

    http://www.youtube.com/watch?v=gPZ04ujk-cQ


  14. CB Says:
    May 20th, 2012
    Posted at: 7:38 pm

    Hi Kb Trader, :) yes.. does have a nice voice..


  15. Kb Trader Says:
    May 20th, 2012
    Posted at: 7:47 pm

    Hi CB, hmm . . this is the best www.youtube.com/watch?v=tjms30shMbw


  16. ashok Says:
    May 20th, 2012
    Posted at: 8:01 pm

    Hi Cb,
    what is the itc next week target?

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