Quotes with Resistance & Support
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Intraday calls for 12-05-11

Posted on: May 12th, 2011 at 8:30 am

Markets likely to open lower, support for Nifty at 5500

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400 Responses

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  1. yogi Says:
    May 12th, 2011
    Posted at: 9:48 pm

    Hi Kb, hats off to u sreegith ,good effert


  2. thavva Says:
    May 12th, 2011
    Posted at: 10:04 pm

    Browser add-on for chrome to watch Nifty movement while working.No need to shift browser window while working in office

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  3. jit Says:
    May 12th, 2011
    Posted at: 10:21 pm

    ENTERED A STRADDLE YESTERDAY,

    5600 CALL AT 65 ,5500 PUT AT 67

    CURRENT PRICE ,5600 CALL -35, 5500 PUT -90

    PLEASE ADVISE WHAT TO DO


  4. Kb Says:
    May 12th, 2011
    Posted at: 10:23 pm

    Hi Kartik, GE

    Hi yogi, Thanks.. not much effort .. its fun & hobby :) just like trading :)


  5. Kartik Says:
    May 12th, 2011
    Posted at: 10:33 pm

    Hi thavva, thanks for sharing

    Hi jit, exit from the CE if we continue to trade below 5500 tomorrow, keep a SL at 5520 for the PE


  6. Anil Says:
    May 12th, 2011
    Posted at: 11:01 pm

    Hi Kartik, Any news? Dow recovered from -80 points to +60 points?


  7. arun bj Says:
    May 12th, 2011
    Posted at: 11:17 pm

    cb . Good evening . What is the strong support for rec . . I stuck with 380 level . But it going down still . . . I want to average . Some .


  8. Rajesh Iyer Says:
    May 12th, 2011
    Posted at: 11:31 pm

    Hi ,I shorted 200 SKS today at 354 and could not cover it intraday,Can u guide me how I can minimise my loss.My broker is HSBC


  9. Kartik Says:
    May 12th, 2011
    Posted at: 11:31 pm

    Hi arun bj, faced strong support at 230, looks weak, if possible hold it for MId/Long term

    Hi Anil, U.S Stocks recover as trading in oil and other commodities stabilizes (finance.yahoo.com)


  10. Anil Says:
    May 12th, 2011
    Posted at: 11:35 pm

    Hi Kartik, Thanks. Can i get chance to exit Bajajauto short around 1290 levels tomorrow?


  11. smh Says:
    May 12th, 2011
    Posted at: 11:41 pm

    kartik, i sold off tata global @ 99 as it becomes weak below that i lost 12K should i buy again if yes then pls guide what levels to enter


  12. Rise Says:
    May 12th, 2011
    Posted at: 11:48 pm

    sir how does market looks for tomm ?


  13. CB Says:
    May 13th, 2011
    Posted at: 1:19 am

    Hi Anil, its finding good support near 1290 levels. don't short it yet

    Hi smh, no, don't enter it again. its facing selling pressure on rise. go with Axis bank for now. near good support levels. can expect some bounce

    Hi Rise, seems may open 30-35 points higher.


  14. Anil Says:
    May 13th, 2011
    Posted at: 1:30 am

    Hi CB, I already shorted. Can I book loss at opening tomorrow??


  15. CB Says:
    May 13th, 2011
    Posted at: 1:59 am

    Hi Anil, ok. if possible hedge with a 1300-1320 call. try and exit on dips near 1295-1300

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