Quotes with Resistance & Support
Market Information

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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Comment pages: 91011121314151617Show all

  1. CB Says:
    May 23rd, 2011
    Posted at: 11:19 am

    Hi NSK, below 900 looks weak. can test 880

    Hi saurabhricha, seems are ok. nothing great really. technically if manages to cross 78 can head higher to 100 levels. long term its a good bet.


  2. AJ Says:
    May 23rd, 2011
    Posted at: 11:20 am

    Can i enter Satyam @ cmp?


  3. CB Says:
    May 23rd, 2011
    Posted at: 11:20 am

    Hi Ary, ok. hold pe for now book near 5400


  4. suzane Says:
    May 23rd, 2011
    Posted at: 11:20 am

    Hi CB, but i have to exit from it today. Can u get me intraday target in it ? Can it test 85 till days end ??


  5. CB Says:
    May 23rd, 2011
    Posted at: 11:20 am

    Hi AJ, no, dont enter it now.


  6. Shiva Says:
    May 23rd, 2011
    Posted at: 11:20 am

    target for ambuja short?


  7. saurabhricha Says:
    May 23rd, 2011
    Posted at: 11:21 am

    Thanks CB..!!


  8. AJ Says:
    May 23rd, 2011
    Posted at: 11:21 am

    Please please update me if there is something cooking with the ARSS management..
    I am already in huge loss and dont want a DB realty case again :(


  9. sekhar Says:
    May 23rd, 2011
    Posted at: 11:21 am

    hi "CB", ok thank you


  10. Ary Says:
    May 23rd, 2011
    Posted at: 11:21 am

    What about holding for a day or two? Will markets slip further or I can sell when 5400 reached?


  11. CB Says:
    May 23rd, 2011
    Posted at: 11:21 am

    Hi suzane, ok . exit 30% for now. shall hold rest till 3pm

    Hi Shiva, can test 125

    Hi saurabhricha, most welcome.


  12. CB Says:
    May 23rd, 2011
    Posted at: 11:22 am

    Hi AJ, no, its a genuine company. has been getting orders regularly

    Hi sekhar, most welcome

    Hi Ary, yes, sell if breaks 5400


  13. saurabhricha Says:
    May 23rd, 2011
    Posted at: 11:22 am

    Hi CB..what about ashok leyland...when it will be able to cross 60 levels ?


  14. ras Says:
    May 23rd, 2011
    Posted at: 11:22 am

    if we selling all the option from 5500 to 5600 june expiry,using huge amount,and holding till expiry,,,,,as 90 % options go 0..can we get profit by expiry.i mean shorting al the calls and puts from 5500 to 5600 ......huge money is requiered may i test that


  15. Ary Says:
    May 23rd, 2011
    Posted at: 11:22 am

    CB, I have puts...if it breaks 5400, then it will add more gains na?


  16. raj gupta Says:
    May 23rd, 2011
    Posted at: 11:23 am

    sir as u suggested to hold ongc 660 PE bought at 2.5 rs i m holding, but it is not moving from 2 rs. pls suggest should i hold continue or exit ?also can i buy LT 1650 CE at cmp for hedging ?

Comment pages:91011121314151617Show all

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