Intraday calls for 20-05-15

Quotes with Resistance & Support

Market Information

Intraday calls for 20-05-15

Posted on: May 20th, 2015 at 8:29 am

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Markets likely to open flat. Support for Nifty is at 8320 and resistance at 8450. Support for Bank nifty is at 18200 and resistance at 18600

Buy Aurobindo Pharma at 1390, target: 1420. Stoploss: 1375

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180 Responses

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sourabh Says:
May 20th, 2015
Posted at: 11:44 am
can i short nifty around 8340
Lakshmi YVS Says:
May 20th, 2015
Posted at: 11:45 am
HI CB SIR MORNING, bank nifty is moving upwards. Do you expect still more upwards? If it is so, what is the near term target? Pls suggest, so that i can act accordingly
CB Says:
May 20th, 2015
Posted at: 11:45 am
Hi sourabh, can go with may. dont short nifty yet
Hi Lakshmi YVS, Good morning. yes, technically seems can add another 150-200 points.
Lakshmi YVS Says:
May 20th, 2015
Posted at: 11:47 am
Thank u sir, tks a lot
jessi Says:
May 20th, 2015
Posted at: 11:47 am
i bought 1500 at 67, intraday tgt?
CB Says:
May 20th, 2015
Posted at: 11:48 am
Hi Lakshmi YVS, most welcome
Hi jessi, can test 69. sl near 65.8
sourabh Says:
May 20th, 2015
Posted at: 11:51 am
sorry sir short nifty @8431, what is the tgt & sl for intraday
CB Says:
May 20th, 2015
Posted at: 11:51 am
Hi sourabh, ok. hold with sl at 8450 for now. (spot)
Kamath Says:
May 20th, 2015
Posted at: 11:51 am
CB would you suggest or advice to buy MRF now as it is close to the resistance of 36600 ?
or wait for it to be stable at 36600 ?
sourabh Says:
May 20th, 2015
Posted at: 11:52 am
target
Kamath Says:
May 20th, 2015
Posted at: 11:53 am
is there any chance Cairn india will recover ?? and reach 215 ??
CB Says:
May 20th, 2015
Posted at: 11:53 am
Hi sourabh, not sure yet
Hi Kamath, its seeing profit booking. dont enter it yet. some support near 35600
pankaj Says:
May 20th, 2015
Posted at: 11:54 am
gm cb sir. can i short apollo tyres ? if yes, what would be SL & tgt n time frame. regards.
CB Says:
May 20th, 2015
Posted at: 11:54 am
Hi Kamath, its a hold with sl at 197 for now. if breaks 197 can fall further.
CB Says:
May 20th, 2015
Posted at: 11:54 am
Hi pankaj, no, dont go short on it yet.
TAPAN Says:
May 20th, 2015
Posted at: 11:55 am
CB Sir, ONGC TARGET PRICE OF RS 330 TIME FRAME PLEASE. AND ANY SWING CALL SIR PLEASE