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. Madhes Says:
    May 22nd, 2012
    Posted at: 2:23 pm

    Hi CB..What is the next support level for LIC Housing?


  2. gostha Says:
    May 22nd, 2012
    Posted at: 2:24 pm

    HI Nitin Gupta... i think market will flatish dip today market will be gap up opening tomorrow....you can hold 5000 ce


  3. subodh Says:
    May 22nd, 2012
    Posted at: 2:24 pm

    Hi Nitin Gupta, i think if nifty manages to close above 4907 then its better to hold the call's and the next resistence would be 4950 but in this case all the global market should close in positive(Europe is already in positive)..Hope this would clarify your doubt


  4. Pradeep Says:
    May 22nd, 2012
    Posted at: 2:29 pm

    Hi Nitin Gupta, my view is on. enter before closing around 4850 nifty future or around 4870 nifty spot


  5. SAI Says:
    May 22nd, 2012
    Posted at: 2:29 pm

    HI WOCKHARDT PHARMA RESULTS ARE GOOD. STOCK JUMPED


  6. gostha Says:
    May 22nd, 2012
    Posted at: 2:30 pm

    Hi CB.......can I exit/hold from wipro?


  7. Nitin Gupta Says:
    May 22nd, 2012
    Posted at: 2:32 pm

    Waat, Market seems touching 4860 today itself. CB I am seeing down trend, Came out from CE just now in Huge Loss.
    CB, your view for tomorrow, Please suggest I need to take a call for Gap up/down to cover some loss.


  8. Nitin Gupta Says:
    May 22nd, 2012
    Posted at: 2:34 pm

    Hi Pradeep, Please don't misslead People if you don't have much idea ... this hurts.


  9. Madhes Says:
    May 22nd, 2012
    Posted at: 2:35 pm

    Hi CB, Nifty 4880 broken...


  10. Pradeep Says:
    May 22nd, 2012
    Posted at: 2:38 pm

    guys, start buying**

    t&c(s) apply


  11. abhishek Says:
    May 22nd, 2012
    Posted at: 2:38 pm

    nifty support seen at 4870 then 4850


  12. Buffet Says:
    May 22nd, 2012
    Posted at: 2:39 pm

    CaN I buy PE sir?


  13. natasha singh Says:
    May 22nd, 2012
    Posted at: 2:39 pm

    what does t&C mean


  14. abhishek Says:
    May 22nd, 2012
    Posted at: 2:40 pm

    Hi Pradeep, what terms and conditions


  15. Buffet Says:
    May 22nd, 2012
    Posted at: 2:40 pm

    what is t&c? sir


  16. Buffet Says:
    May 22nd, 2012
    Posted at: 2:43 pm

    free fall

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