Intraday calls for 23-05-11

Quotes with Resistance & Support

Market Information

Intraday calls for 23-05-11

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

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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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Praveen Says:
May 23rd, 2011
Posted at: 10:49 am
Please reply to my query.. looks like its going up :(
Ajay Says:
May 23rd, 2011
Posted at: 10:50 am
Hi CB,
What are the chances of Nifty going below 5100 levels.
Ajay
sanzy Says:
May 23rd, 2011
Posted at: 10:59 am
since open Nifty is trading in a 15 points range 5420-5435
rameshb Says:
May 23rd, 2011
Posted at: 11:00 am
THANKS A LOT BOND.
rng Says:
May 23rd, 2011
Posted at: 11:01 am
Hi CB
I entered "J B Chemicals & Pharmaceuticals Ltd." at 166, it is going down like anything. what you suggest
CB Says:
May 23rd, 2011
Posted at: 11:01 am
Hi SAI, Good morning
Hi Praveen, hold it. can see 277
Hi Ajay, if nifty breaks strong support at 5350, can see lower levels
Hi suzane, yes, guess due to overall market selling pressure, its coming down. hold it for now
CB Says:
May 23rd, 2011
Posted at: 11:02 am
Hi sanzy, yes. support near 5400
Hi rng, exit 50% for now. shall add again once it settles.
nitin Says:
May 23rd, 2011
Posted at: 11:03 am
Hi Cb,
What to do with sintex. Its going down and down should i exit my long position ?
SAI Says:
May 23rd, 2011
Posted at: 11:03 am
hi CB 5400PE holding whr to clear. pls adv.
Shiva Says:
May 23rd, 2011
Posted at: 11:03 am
target for jubifoods?
CB Says:
May 23rd, 2011
Posted at: 11:06 am
Hi nitin, hold it. if possible hedge with a put for now
Hi SAI, around 5400
Hi Shiva, around 740
Shiva Says:
May 23rd, 2011
Posted at: 11:07 am
can i buy GOLDBEES?
CB Says:
May 23rd, 2011
Posted at: 11:07 am
Hi Shiva, not yet. wait for some dip
sanzy Says:
May 23rd, 2011
Posted at: 11:08 am
i bought 5lots of 5500CE at 12.75...can we see upside
SAI Says:
May 23rd, 2011
Posted at: 11:08 am
hi cb thanks
sekhar Says:
May 23rd, 2011
Posted at: 11:09 am
hi, "CB", long on "APOLLO TYRES" going down now u r view pls