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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  1. kunal Says:
    May 23rd, 2011
    Posted at: 12:04 pm

    If nifty breaks 5400, any idea what's the short-term support ?


  2. ARIJIT Says:
    May 23rd, 2011
    Posted at: 12:07 pm

    Hi Kb,
    HI BONDDDDDDDDDD.....................
    GOOD MORNINGGGGGGGGGGG


  3. sourabh Says:
    May 23rd, 2011
    Posted at: 12:08 pm

    CB sir ...why mkt is fallig


  4. CB Says:
    May 23rd, 2011
    Posted at: 12:09 pm

    Hi Madhulika, if nifty breaks 5400 it can fall further. for now would advice to exit 50%

    Hi raj gupta, no, as of now we do not have any paid service

    Hi Mohan, most welcome

    Hi namonia, can see 890

    Hi anny, no, looks weak

    Hi Praveen, most welcome

    Hi kunal, strong support is at 5350


  5. airbites Says:
    May 23rd, 2011
    Posted at: 12:09 pm

    Hi kunal,

    Support around 5355/5365


  6. Vishal Says:
    May 23rd, 2011
    Posted at: 12:09 pm

    Hi CB, Can we enter Divi Lab now for intraday gains


  7. CB Says:
    May 23rd, 2011
    Posted at: 12:10 pm

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


  8. Anil Says:
    May 23rd, 2011
    Posted at: 12:10 pm

    Hi CB, ITC shorted @ 187. CMP @ 188.40. Hold or exit??


  9. CB Says:
    May 23rd, 2011
    Posted at: 12:10 pm

    Hi sourabh, its due to weak global queues

    Hi Vishal, no, don't enter it now.


  10. CB Says:
    May 23rd, 2011
    Posted at: 12:11 pm

    Hi Anil, hold it for some time. can test 185 again


  11. Anil Says:
    May 23rd, 2011
    Posted at: 12:12 pm

    Hi CB, Shall I exit one lot and short JPASS??


  12. CB Says:
    May 23rd, 2011
    Posted at: 12:13 pm

    Hi Anil, dont exit at loss. if comes cost to cost, then exit 1 lot.


  13. Anil Says:
    May 23rd, 2011
    Posted at: 12:14 pm

    Hi CB, Thanks..


  14. CB Says:
    May 23rd, 2011
    Posted at: 12:14 pm

    Hi Anil, most welcome.


  15. SDG Says:
    May 23rd, 2011
    Posted at: 12:15 pm

    Hi CB, GA, can I buy any CALL or wait.. what is good position to enter in CALL


  16. ARIJIT Says:
    May 23rd, 2011
    Posted at: 12:15 pm

    Hi CB,
    BOOKED TATA STELL 580 PUT AT 16, GOT GOOD PROFIT...............
    NOW TELL ME I HAVE HERO HONDA 1750 PUT AT 15, WHAT TO DO? EXIT NOW?

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