Quotes with Resistance & Support
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Intraday calls for 22-05-12

Posted on: May 22nd, 2012 at 8:20 am

Markets likely to open higher. Support for nifty is at 4880 and resistance at 4950.

If markets show weakness later during the day, sell: Wipro below 388, target: 378. Stoploss: 393 – (Book profit in Wipro at 380)

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467 Responses

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  1. ani Says:
    May 22nd, 2012
    Posted at: 1:31 pm

    Cb sir,,


    hedged wid tata power [email protected] and holding tata power [email protected] advice wat will be my strategy


  2. Karan Sharma Says:
    May 22nd, 2012
    Posted at: 1:32 pm

    Hi,

    Can i sell GMR and Suzlon (Futures) @ CMP?


  3. CB Says:
    May 22nd, 2012
    Posted at: 1:32 pm

    Hi ani, ok. hold for now. shall book in the pe if dips by 3-4rs

    Hi Karan Sharma, no, not sure yet.


  4. chhaya Says:
    May 22nd, 2012
    Posted at: 1:35 pm

    sir what about lanco and uflex for today or short term it is good


  5. CB Says:
    May 22nd, 2012
    Posted at: 1:36 pm

    Hi chhaya, uflex can add 7-10% in short term. not sure of lanco yet


  6. Siddharth Says:
    May 22nd, 2012
    Posted at: 1:38 pm

    HI CB, I have longed 800 BHEL & 600 Yes Bank for intraday, should I hold or exit?


  7. CB Says:
    May 22nd, 2012
    Posted at: 1:38 pm

    Hi Siddharth, these are a hold for now. keep sl near 4880 on nifty


  8. Akash Says:
    May 22nd, 2012
    Posted at: 1:40 pm

    Hi CB, Don't have PE as of now.. Shud I buy PE or buy 5000 CE? Pls advise.


  9. wajeed Says:
    May 22nd, 2012
    Posted at: 1:40 pm

    hi cb can i enter sintex it seems it is oversold pls suggest thanks


  10. RS Says:
    May 22nd, 2012
    Posted at: 1:40 pm

    Hi CB, any view of closing price of RELINFRA from here ...


  11. CB Says:
    May 22nd, 2012
    Posted at: 1:40 pm

    Hi Akash, can go with a pe if nifty breaks 4880


  12. CB Says:
    May 22nd, 2012
    Posted at: 1:41 pm

    Hi wajeed, no, as of now is looking weak

    Hi RS, seems may close near 444


  13. CB Says:
    May 22nd, 2012
    Posted at: 1:42 pm

    ill be back in some time.


  14. maddy Says:
    May 22nd, 2012
    Posted at: 1:42 pm

    Hi CB,

    I hold May 4900 CE at 55 what levels can i come out, how long shall i hold.


  15. Akash Says:
    May 22nd, 2012
    Posted at: 1:42 pm

    Hi CB, 4880. But by that time PE will be avove 50 :(


  16. AT Says:
    May 22nd, 2012
    Posted at: 1:44 pm

    Cb...can i average lic at cmp

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