Quotes with Resistance & Support
Market Information

Intraday calls for 20-05-16

Posted on: May 20th, 2016 at 8:30 am

Markets likely to open flat. Support for Nifty is at 7750 and resistance at 7920. Bank Nifty has support at 16500 and resistance at 16720.

Buy Kolte-Patil Developers at 128, target: 133. Stoploss: 125 – (Avoid Kolte-Patil due to gap up opening)

10.18am – Sell Reliance Captial at 389.30, target: 380. Stoploss: 394 – (SL triggered in Relcap)


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162 Responses

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  1. HA Says:
    May 20th, 2016
    Posted at: 8:34 am

    Hi CB - what about Amara Raja batteries??
    it ended 938.. has been trading at 945+ - is ti good fr intraday?


  2. CB Says:
    May 20th, 2016
    Posted at: 8:35 am

    Hi HA, not yet. has strong resistance near 950-960. above 960, can enter it


  3. Richa Says:
    May 20th, 2016
    Posted at: 8:35 am

    CB sir, i am holding ICICI BANK 235 CE @1.8 and YES BANK 300 CE @2.3 5 lots each. Both are at loss now after.the collapse in the last 1 hour yesterday. Can i get my buy price till expiry if not profit or should i book loss now. Please advice.

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