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. CB Says:
    May 22nd, 2012
    Posted at: 8:28 am

    Hi natasha singh, dont enter these in options yet. rallied quite a bit


  2. sdg Says:
    May 22nd, 2012
    Posted at: 8:29 am

    Hi CB, Good Morning! Have taken SBI CE yesterday to recover loss for PE. where to book / exit? what levels SBI can continue its rally? please guide..


  3. imran khan Says:
    May 22nd, 2012
    Posted at: 8:29 am

    Good morning CB,

    I'm holding 5000 nifty call @38 it closed @26 please tell me where should I exit the call option


  4. CB Says:
    May 22nd, 2012
    Posted at: 8:30 am

    Hi sdg, Good morning. seems may open 20-25 points higher.

    Hi imran khan, Good morning. book near 4950 for now.


  5. natasha singh Says:
    May 22nd, 2012
    Posted at: 8:31 am

    okay...thank you...have great day!!!!


  6. CB Says:
    May 22nd, 2012
    Posted at: 8:32 am

    Hi natasha singh, most welcome. you too have a good day


  7. Ani Says:
    May 22nd, 2012
    Posted at: 8:33 am

    Hi CB,

    Shld I go wid dlf 200ce or any other ce or pe fr few days


  8. CB Says:
    May 22nd, 2012
    Posted at: 8:34 am

    Hi Ani, go with dlf ce for now (june series)


  9. imran khan Says:
    May 22nd, 2012
    Posted at: 8:34 am

    Thanks CB, will nifty see 4950 today?


  10. CB Says:
    May 22nd, 2012
    Posted at: 8:35 am

    Hi imran khan, likely to test it today. as of now seems may open near 4940-4950


  11. sdg Says:
    May 22nd, 2012
    Posted at: 8:36 am

    Thanks CB! any level to watch for SBI to exit from CE? what is next resistance?


  12. CB Says:
    May 22nd, 2012
    Posted at: 8:37 am

    Hi sdg, has resistance near 2040


  13. Ani Says:
    May 22nd, 2012
    Posted at: 8:37 am

    Sir

    June series is trading at 7 whereas may series at 2.5

    Plz advice


  14. imran khan Says:
    May 22nd, 2012
    Posted at: 8:38 am

    Ok thanks CB,

    After booking call can I buy put option 4900


  15. sunil Says:
    May 22nd, 2012
    Posted at: 8:39 am

    cani buy JSW steel?


  16. ramaswamy Says:
    May 22nd, 2012
    Posted at: 8:39 am

    g m sir sir iam holidng bhel plse u advice

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