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. thiru Says:
    May 23rd, 2011
    Posted at: 2:02 pm

    sir can i go to short in jp associate current level


  2. Avinash Says:
    May 23rd, 2011
    Posted at: 2:06 pm

    Good morning everyone,

    Whats the view on BHEL results?
    "The Company has posted a net profit of Rs 60112.00 million for the year ended March 31, 2011 as compared to Rs 43106.40 million for the year ended March 31, 2010. Total Income has increased from Rs 343966.70 million for the year ended March 31, 2010 to Rs 431373.20 million for the year ended March 31, 2011."


  3. thavva Says:
    May 23rd, 2011
    Posted at: 2:08 pm

    Hi SAI, gr8... nice to hear that :)


  4. AJ Says:
    May 23rd, 2011
    Posted at: 2:08 pm

    Do you see ARSS bouncing from here?


  5. sandeep Says:
    May 23rd, 2011
    Posted at: 2:10 pm

    5400 pe bought @ 48...
    hold or sell


  6. SAI Says:
    May 23rd, 2011
    Posted at: 2:13 pm

    hi ARIJIT what abt u still holding TATASTEEL?? OR BOOKED??


  7. sandeep Says:
    May 23rd, 2011
    Posted at: 2:13 pm

    it will go 80+ today


  8. Das Says:
    May 23rd, 2011
    Posted at: 2:19 pm

    can i buy 5400 CE now?


  9. airbites Says:
    May 23rd, 2011
    Posted at: 2:22 pm

    Bought 5400PE @ 13.5 and Sold @ 45.5, Adjusted profit = Rs. 1602
    Now my trading account is showing Rs.3800 Credit.

    On checking, it shows FNOBPL = 1602 and FNOPREMIUM = 2222.

    How come???
    (My broker says position is closed properly by me)


  10. SAI Says:
    May 23rd, 2011
    Posted at: 2:24 pm

    HI Das NOOOOOOo


  11. Siddhu Says:
    May 23rd, 2011
    Posted at: 2:28 pm

    CB, Karthik,

    How are you ?
    I am here after long gap. I posted the following 5 months back. After the 5 state elections the political scenario may change in India.

    Now the corrupted stocks are going down.. down.........


  12. ARIJIT Says:
    May 23rd, 2011
    Posted at: 2:31 pm

    Hi SAI,
    NO YAAR I BOOKEED AT 17, NOW TRADING AT 23................
    MISSED BUMPER PROFIT..............


  13. suzane Says:
    May 23rd, 2011
    Posted at: 2:31 pm

    plz reply me for 1:07pm query


  14. Aman Says:
    May 23rd, 2011
    Posted at: 2:36 pm

    Hi CB..
    ARSS rocking..


  15. Kartik Says:
    May 23rd, 2011
    Posted at: 2:38 pm

    sorry guys, just came back

    Hi suzane, saw profit booking after opening higher, if try to exit on any rise in Intraday


  16. SAI Says:
    May 23rd, 2011
    Posted at: 2:38 pm

    hi ARIJIT LOSS IN PROFIT ONLY TAKE IT EASY.......

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