Intraday calls for 20-05-11

Quotes with Resistance & Support

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Intraday calls for 20-05-11

Posted on: May 20th, 2011 at 8:28 am

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Markets likely to open flat, support for Nifty at 5400 and resistance at 5450.

Buy JB Chemicals at 163.50, Target: 170, SL 158 – ( sl triggered in jb chemicals)

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577 Responses

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Kb Says:
May 20th, 2011
Posted at: 10:54 am
The dollar looked set to post its first weekly loss in three weeks as investors increased bets on risky assets like equities on expectations the United States would take a long time to raise interest rates after posting weak economic data.
http://www.reuters.com/article/2011/05/20/us-markets-global-idUSTRE71H0EB20110520
Tejas Gupta Says:
May 20th, 2011
Posted at: 10:55 am
POSITONAL: BUY GOLD NEAR 21850 SL 21700 TGT 22100/22300. BUY SILVER NEAR 53000 SL 52200 TGT 54700/55800
CB Says:
May 20th, 2011
Posted at: 10:55 am
Hi anand, most welcome
Hi Kb, :) no.. not yet
Hi Shiva, its overall weakness causing that. may remain in discount for few days
Hi suzane, ok. for now hold it. keep sl at 5450 . possible see some more bounce.
namonias Says:
May 20th, 2011
Posted at: 10:55 am
gm pleasegive today tar of jsw steel
Kb Says:
May 20th, 2011
Posted at: 10:55 am
Food inflation in India to climb on labor, energy costs: Commission
http://utvmoney.mangopeople.com/news/2011/may/food-inflation-in-india-to-climb-on-labor-energy-costs-commission.html
thavva Says:
May 20th, 2011
Posted at: 10:55 am
Hi CB, can i hold put with SL of 5490?
ras Says:
May 20th, 2011
Posted at: 10:56 am
do u see any chance of nifty at 5600 by expiry......or should i exit now,as people may be writing this call
Ary Says:
May 20th, 2011
Posted at: 10:56 am
Hi CB,
I am holding 5400CE and 5500PE. Please advice with when will I be able to gain from these?
raj gupta Says:
May 20th, 2011
Posted at: 10:56 am
Hi CB sir, Please help , i m holding LT 1550 PE at 15rs now has come down suddenly at 5 rs , can LT see some profit booking or i should i exit with this huge loss ?
Shiva Says:
May 20th, 2011
Posted at: 10:57 am
can i go for divis lab 740 ce?
CB Says:
May 20th, 2011
Posted at: 10:57 am
Hi namonias, can see 931 today
Hi thavva, yes
Hi ras, as of now 5600 seems a bit unlikely
Hi Ary, hold these for now with sl near 5490-5500. seems may remain a bit positive today
Tejas Gupta Says:
May 20th, 2011
Posted at: 10:57 am
Hi suzane, Hii . good morning
CB Says:
May 20th, 2011
Posted at: 10:58 am
Hi raj gupta, will need to exit on any dip. its seeing a rally due to good results
Hi Shiva, yes.
vipul Says:
May 20th, 2011
Posted at: 10:59 am
Hi CB, any A group stock to buy.......
Praveen Says:
May 20th, 2011
Posted at: 10:59 am
can we go long in Nifty ??
CB Says:
May 20th, 2011
Posted at: 10:59 am
Hi vipul, no, as of now none
Hi Praveen, no, not now.