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. 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.


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

    Hi CB ur view on nifty


  3. CB Says:
    May 20th, 2016
    Posted at: 8:36 am

    Hi Richa, icici ce is a hold with sl near 223 spot for now. yesbank can test 980 if markets improve a bit. hold for now

    Hi subin, below 7750 can test 7680


  4. Mani Says:
    May 20th, 2016
    Posted at: 8:40 am

    Hi CB, please advise intraday target for Jindal steel & Vedenta


  5. palashpriya Says:
    May 20th, 2016
    Posted at: 8:41 am

    HI CB, good morning.... whats about Vedanta and STC? holding both the stocks.


  6. CB Says:
    May 20th, 2016
    Posted at: 8:41 am

    Hi Mani, jindal can test 62 if markets remain strong. sl at 59.5. vedanta may remain a bit flat.


  7. PKP Says:
    May 20th, 2016
    Posted at: 8:41 am

    Sir gm, as suggested was holding LT 1320 CE which in loss now... Later on it went down...

    Pls suggest on LT or any alternate to recover.


  8. CB Says:
    May 20th, 2016
    Posted at: 8:42 am

    Hi palashpriya, Good morning. Vedanta has support at 93. if breaks it, could fall further. hold for now. dont add more. stc is a hold with sl at 91 for now


  9. CB Says:
    May 20th, 2016
    Posted at: 8:42 am

    Hi PKP, its a hold. can bounce back from here today


  10. Vinod Says:
    May 20th, 2016
    Posted at: 8:42 am

    Hi CB ,, can I buy vikaseco for intraday


  11. JEYA Says:
    May 20th, 2016
    Posted at: 8:42 am

    GOOD MORNING TO EVERYBADY.

    CAN I BUY VEDANTA FOR INTRADAY? PLEASE GIVE TARGET AND SL.

    THANKS.


  12. CB Says:
    May 20th, 2016
    Posted at: 8:43 am

    Hi JEYA, Good morning. no, dont enter it yet


    Hi Vinod, no, not sure of entering it yet.


  13. umesh Says:
    May 20th, 2016
    Posted at: 8:44 am

    What's your view on Larsen, Lupin & ajanta pharma ??


  14. CB Says:
    May 20th, 2016
    Posted at: 8:45 am

    Hi umesh, lupin can test 1675. larsen has support at 1250. can see some bounce from here. Ajanta can test 1600


  15. Vinod Says:
    May 20th, 2016
    Posted at: 8:46 am

    CB give some intraday stocks


  16. Coal Says:
    May 20th, 2016
    Posted at: 8:46 am

    Hi CB, Gm sir.. Holding Coal 290 CE. Any chance to bounce ? Next week it's results to be announced.

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