Intraday calls for 23-05-11

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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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CB Says:
May 23rd, 2011
Posted at: 12:15 pm
Hi SDG, not yet. lets wait for some time.
SDG Says:
May 23rd, 2011
Posted at: 12:16 pm
Okay, Thanks CB
CB Says:
May 23rd, 2011
Posted at: 12:16 pm
Hi ARIJIT, great! hold it. it can test 1745-1750
Kb Says:
May 23rd, 2011
Posted at: 12:16 pm
Hi ARIJIT, GM .. :)
CB Says:
May 23rd, 2011
Posted at: 12:17 pm
Hi SDG, most welcome.
Guru Says:
May 23rd, 2011
Posted at: 12:18 pm
Can we buy Divis now for a taget of 750?
CB Says:
May 23rd, 2011
Posted at: 12:18 pm
Hi Guru, no, don't enter it now.
Guru Says:
May 23rd, 2011
Posted at: 12:19 pm
Sorry CB, you have mentioned not to buy now,.. did not check that..
sanzy Says:
May 23rd, 2011
Posted at: 12:19 pm
hi CB,
can u tell where would be the Nifty closing today...
above 5400 or
below 5400
Vivek Shah Says:
May 23rd, 2011
Posted at: 12:20 pm
one day of profit and one week of loss.... :(
CB Says:
May 23rd, 2011
Posted at: 12:20 pm
Hi Guru, no issues..
Hi sanzy, as of now seems may close below 5400
Guru Says:
May 23rd, 2011
Posted at: 12:20 pm
Hi Vivek Shah, Same here :(
CB Says:
May 23rd, 2011
Posted at: 12:20 pm
Hi Vivek Shah, hmm. markets are not really tradeable as of now. moving in a small range since long
Shiva Says:
May 23rd, 2011
Posted at: 12:21 pm
CB..bought ambuja 130 pe at 2.30..cmp 3.8..book profit?
CB Says:
May 23rd, 2011
Posted at: 12:21 pm
got to go. shall be back by 2.30pm
ras Says:
May 23rd, 2011
Posted at: 12:23 pm
may i enter long straddle of june expiry,as we dont expect nifty to consolidat here