Quotes with Resistance & Support
Market Information

Intraday calls for 21-05-12

Posted on: May 21st, 2012 at 8:24 am

Markets likely to open flat. Support for nifty is at 4840 and resistance at 4930

Buy LIC housing finance at 240-242, target: 249. Stoploss: 235

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359 Responses

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  1. Kartik Says:
    May 21st, 2012
    Posted at: 9:42 pm

    Hi shashi, seems to face strong support at 240, dont add more, lets wait to see if it manages to sustain 240 in current Market conditions

    Hi ashok, below 390 looks weak, would be better to avoid

    Hi RAVI, not likely of a 5% bounce, banks stocks look weak overall, if hold, keep a SL at 39

    Hi bk, below 730 looks weak,would advice to exit


  2. Kumar Says:
    May 21st, 2012
    Posted at: 9:42 pm

    Hi Kartik/CB, Can i enter in HDIL, JP, Suzlon, DCB, IFCI in a small qty.


  3. Kartik Says:
    May 21st, 2012
    Posted at: 9:43 pm

    Hi Pushp14660, they look weak, and the falling Re. value seems may bring some more downside, would advice to exit from them on any possible rise


  4. Naran Says:
    May 21st, 2012
    Posted at: 9:47 pm

    Hi Kartik, IS NIFTY BOTTOMING OUT ?


  5. wajeed Says:
    May 21st, 2012
    Posted at: 9:52 pm

    hi kartik holding jp [email protected] wt rate can we expect tommorrow any target please thanks.


  6. micky-intrday Says:
    May 21st, 2012
    Posted at: 9:53 pm

    CB can i go short on supreme industries morrow on rise


  7. shashi Says:
    May 21st, 2012
    Posted at: 9:59 pm

    THANKS KARTIK JI
    GOOOOOD NIGHHHHHHHT....................


  8. Aman Says:
    May 21st, 2012
    Posted at: 10:00 pm

    Hi Kartik..
    How do u see FAG Bearing.. I m holding @ 1550..
    its the 50th aniversary year.. may b company is considering bonus..


  9. Kartik Says:
    May 21st, 2012
    Posted at: 10:06 pm

    Hi Naran, no, not yet

    Hi wajeed, can see around 64.20, book on rise

    Hi shashi, most welcome, GN

    Hi micky-intrday, yes, can be shorted

    Hi Aman, it looks good, continue to hold it for another 2-3 weeks


  10. Naran Says:
    May 21st, 2012
    Posted at: 10:10 pm

    Hi Kartik, Thanks for replay. Any way i am holding 4800 pe and 5000 ce June series......Good Night See u tomorrow....


  11. ashok Says:
    May 21st, 2012
    Posted at: 10:12 pm

    Hi cb,
    shall i enter DLF 190 Call option at 5.5. Target 10, stoploss 2.5? plz give good idea to me


  12. SaiPalanivel Says:
    May 21st, 2012
    Posted at: 10:14 pm

    HI KARTIK SIR,GE.US MARKETS DOWJONES UP 1% NASDAG UP 2%. HOW REACT TOMORROW INDIAN MARKET? I AM HOLD NIFTY 5000 CE 41.00 LEVEL PLEASE YOUR ADVICE.


  13. Naran Says:
    May 21st, 2012
    Posted at: 10:15 pm

    Hi Kartik, Thanks for reply. Any way i am holding 4800 pe and 5000 ce June series......Good Night See u tomorrow....


  14. Kartik Says:
    May 21st, 2012
    Posted at: 10:21 pm

    Hi Naran, hold the CE with a SL at 4880, continue to hold the PE for some more time

    Hi ashok, it can be entered with a tight SL at 185 (cash)

    Hi SaiPalanivel, for now seems may open slightly higher, if possible try to exit the CE on rise tomorrow


  15. kvk Says:
    May 21st, 2012
    Posted at: 10:27 pm

    HI CB Sir,KB,SHASHI Good evening all of you....


  16. SaiPalanivel Says:
    May 21st, 2012
    Posted at: 10:33 pm

    THANKS KARTIK SIR.

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