Quotes with Resistance & Support
Market Information

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

    Hi CB, Shud I buy CE now?


  2. micky-intrday Says:
    May 22nd, 2012
    Posted at: 1:44 pm

    there will be short recovery around 2.30 and markets to close with sensex showing 120 negative mark and more


  3. imran khan Says:
    May 22nd, 2012
    Posted at: 1:44 pm

    HI CB,

    Can enter 4800 pe now


  4. VJ Says:
    May 22nd, 2012
    Posted at: 1:45 pm

    hello CB made a few losses recently, can you please give some good call which will help me recover my lossess !!


  5. ANSH Says:
    May 22nd, 2012
    Posted at: 1:47 pm

    hi cb,
    can i buy 4800pe @ 40


  6. micky-intrday Says:
    May 22nd, 2012
    Posted at: 1:49 pm

    Our second target hit in tulip short given @ 74 now at 70.20


  7. natasha singh Says:
    May 22nd, 2012
    Posted at: 1:54 pm

    Hello,
    Can one carry forward longs for tomrw.....?


  8. Pradeep Says:
    May 22nd, 2012
    Posted at: 2:02 pm

    Hi natasha singh, if today nifty close in red, tomorrow will open huge gap up. hence you can.

    this is my own view.

    wait for CB's answer as well.


  9. gostha Says:
    May 22nd, 2012
    Posted at: 2:04 pm

    i think pradeep is right.... about tomorrow market expectation


  10. Pradeep Says:
    May 22nd, 2012
    Posted at: 2:05 pm

    Hi natasha singh, i guess nifty would jump in next 5-10 mins.. can exit there and reenter long before closing today


  11. vijay Says:
    May 22nd, 2012
    Posted at: 2:07 pm

    Can i BUY REC for 2 to 3 days


  12. natasha singh Says:
    May 22nd, 2012
    Posted at: 2:08 pm

    okay thank you for the answer...well m standing at losses...so ya will wait for tomrw too...and will chek with CB's anwer too....well momentary upward is due to brent but currency is spoiling it all....


  13. subodh Says:
    May 22nd, 2012
    Posted at: 2:14 pm

    Hi imran khan, How are you imran?...So are you still holding your CE's or squared it off


  14. gostha Says:
    May 22nd, 2012
    Posted at: 2:18 pm

    where from shall i get the support/resistance of nifty?


  15. Nitin Gupta Says:
    May 22nd, 2012
    Posted at: 2:20 pm

    Hey CB, Calls are in Hudge Losses. Can you please suggest should we hold nifty CE for tomorrow or have to exit in loss today itself???
    Pleas esuggest as Pradeep's View is quite not working per market trend.


  16. raja Says:
    May 22nd, 2012
    Posted at: 2:21 pm

    Hi CB, Can I buy AXISBANK at 968 for intraday

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