Quotes with Resistance & Support
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Intraday calls for 23-05-11

Posted on: May 23rd, 2011 at 8:23 am

Markets likely to open lower. Nifty has support at 5400 and resistance at 5500.

If markets show recovery later during the day, buy: Divi’s laboratories.

12.06pm – Short JP associates (futures) at 79.60, target: 77. Stoploss: 81

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422 Responses

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  1. ramaswamy Says:
    May 23rd, 2011
    Posted at: 8:25 am

    sir iam holding m&m buy @685 iam still holding plse u advice sir


  2. CB Says:
    May 23rd, 2011
    Posted at: 8:26 am

    Hi ramaswamy, it has good support at 680. for now would advice to hedge long with a 680 put. it can see 700


  3. ramaswamy Says:
    May 23rd, 2011
    Posted at: 8:27 am

    thanx sir


  4. CB Says:
    May 23rd, 2011
    Posted at: 8:27 am

    Hi ramaswamy, most welcome.


  5. Vishal Says:
    May 23rd, 2011
    Posted at: 8:28 am

    Hi CB. GM. Friday has bought JB Chemicals at 163.. Still holding onto it.. What level can i sell it today


  6. GODSE Says:
    May 23rd, 2011
    Posted at: 8:30 am

  7. rahul Says:
    May 23rd, 2011
    Posted at: 8:31 am

    any good stock to buy for 1 week target?
    can i buy L&T now? will it give 3-5% returns in a week?

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