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. Sup!! Says:
    May 22nd, 2012
    Posted at: 2:57 pm

    market fall more tomorrow?


  2. deepak7791 Says:
    May 22nd, 2012
    Posted at: 3:02 pm

    Hi CB

    Please stay here from 2:30 PM to 3:30 PM. Very critical time for us. Your reply gives us some confidence


  3. gostha Says:
    May 22nd, 2012
    Posted at: 3:03 pm

    thank you CB..........your prediction really good ..i make lot of profit in 4800 pe ..i bought that bellow4880......thank you lot...


  4. Buffet Says:
    May 22nd, 2012
    Posted at: 3:04 pm

    sir, nifty fut is in discount , can I enter now sir?


  5. CB Says:
    May 22nd, 2012
    Posted at: 3:06 pm

    Hi Madhes, sorry for the loss. markets are seeing quite a bit of selling pressure

    Hi gostha, most welcome

    Hi deepak7791, sure.

    Hi Sup!!, its likely

    Hi Akash, not yet.


  6. Sup!! Says:
    May 22nd, 2012
    Posted at: 3:06 pm

    Hi Buffet, where u see nifty future in discount? website plz


  7. deepak7791 Says:
    May 22nd, 2012
    Posted at: 3:06 pm

    CB

    Have lot of option bought at 6.7 levels for 820 CE ICICI bank and at 16 Rs 1200 CE Maruti

    What do you ? Heavy loss now


  8. CB Says:
    May 22nd, 2012
    Posted at: 3:07 pm

    Hi Buffet, no not yet. looks weak


  9. rgitkare Says:
    May 22nd, 2012
    Posted at: 3:07 pm

    hi cb ,can exit nifty ce,s now?


  10. CB Says:
    May 22nd, 2012
    Posted at: 3:08 pm

    Hi rgitkare, yes, exit for now.


  11. abraham Says:
    May 22nd, 2012
    Posted at: 3:08 pm

    sir, whats your view on nifty from here?....shall i enter for a 4900 call or wait?


  12. maddy Says:
    May 22nd, 2012
    Posted at: 3:08 pm

    Hi CB, Can i hold may 4900 CE at 49 Rs. or should book loss today?


  13. Sup!! Says:
    May 22nd, 2012
    Posted at: 3:08 pm

    cb nifty pe hold for tomo?


  14. natasha singh Says:
    May 22nd, 2012
    Posted at: 3:09 pm

    Hi CB ,

    whats ur opinion for tomrw....what abt people who were bullish today and stand with calls...?


  15. Buffet Says:
    May 22nd, 2012
    Posted at: 3:09 pm

    HI, sup
    last traded price is cheaper than spot nifty, it is called discount


  16. CB Says:
    May 22nd, 2012
    Posted at: 3:09 pm

    Hi abraham, wait till tomorrow. does look weak

    Hi maddy, hold till tomorrow. sl near 4820

    Hi Sup!!, yes.

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