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Intraday calls for 20-05-11

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

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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  1. Kb Says:
    May 20th, 2011
    Posted at: 11:46 am

    blasting heart beats :D


  2. Abdullah Says:
    May 20th, 2011
    Posted at: 11:47 am

    Intraday / Very short term traders (2-3 days) of Nifty Fut ---> Formation of Pennant in 5 & 15 min chart of Nifty Fut. The slope is neutral. This is a continuation pattern & upside can be expected. As long as it holds 5468, should do well. Otherwise expect downside.


  3. Ary Says:
    May 20th, 2011
    Posted at: 11:48 am

    Nifty is so very stagnant at this point!!!


  4. Abdullah Says:
    May 20th, 2011
    Posted at: 11:49 am

    Level mentioned in the post @11:47 is Future level.


  5. Vivek Shah Says:
    May 20th, 2011
    Posted at: 11:50 am

    wht to do with LT 1700ce ??


  6. Tejas Gupta Says:
    May 20th, 2011
    Posted at: 11:50 am

    HI ALL


    Buy VOLTAS above 164 tgt 168-169 sl 161


  7. thavva Says:
    May 20th, 2011
    Posted at: 11:54 am

    Hi Abdullah, GM, today booked profits in 5500 ce @ 5490 and entered 5400 put. Now i'm in marginal profits. Hold or exit?


  8. GODSE Says:
    May 20th, 2011
    Posted at: 11:58 am

  9. Abdullah Says:
    May 20th, 2011
    Posted at: 11:58 am

    Hi thavva, Gm. Hold for some more time. Can keep SL at 5490 spot. Book at a 10 point dip


  10. Vivek Shah Says:
    May 20th, 2011
    Posted at: 12:01 pm

    @ Tejas, any clue regarding L&T ?? will it touch 1700 in this month ?? holding 1700ce @16


  11. bhargavi Says:
    May 20th, 2011
    Posted at: 12:02 pm

    whats brkout level for jubifood?


  12. Sachin Says:
    May 20th, 2011
    Posted at: 12:03 pm

    DEAR INVESTERS TODAY MKT SOME SURPRISES TO TRADERS IN MAHINDRA SATYAM FRAUDCASEENFORCEMENT GIVE CHARGE SHEETS HOW MANY HEADS TO ROLL IN MKT STOCKS GO TO LOW.CAUTION PLEASE AVOID LONG (THANK U RAJA)


  13. thavva Says:
    May 20th, 2011
    Posted at: 12:04 pm

    Hi Abdullah, ok, thank you ...


  14. Das Says:
    May 20th, 2011
    Posted at: 12:04 pm

    what is the target of infosys today?


  15. Abdullah Says:
    May 20th, 2011
    Posted at: 12:07 pm

    Hi thavva, Most welcome. Lower highs and lower lows on 15 min chart. Watch 5468 leven in Nif Fut. Below it, book at your discretion


  16. Abdullah Says:
    May 20th, 2011
    Posted at: 12:08 pm

    Hi thavva, Read "level" instead of "leven"

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