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. Kartik Says:
    May 23rd, 2011
    Posted at: 2:39 pm

    Hi Siddhu, GA, fine, yes, hope you too doing well


  2. ARIJIT Says:
    May 23rd, 2011
    Posted at: 2:41 pm

    Hi SAI,
    YES :)).................
    SINCE I GOT PROFIT I AM HAPPY, NO REGRETS................


  3. ARIJIT Says:
    May 23rd, 2011
    Posted at: 2:43 pm

    Hi Kartik,
    I HAVE HERO HONDA 1750 PUT, NOW IN SMALL PROFIT, SHOULD I HOLD TILL TOMORROW OR EXIT NOW?


  4. Vishal Says:
    May 23rd, 2011
    Posted at: 2:43 pm

    hi Kartik, What to do with Divis Lab.. Hold or sell .. bought at 737


  5. sanzy Says:
    May 23rd, 2011
    Posted at: 2:44 pm

    hi kartik,
    is there any chance that Nifty will bounce above 5450 levels before expiry


  6. SAI Says:
    May 23rd, 2011
    Posted at: 2:44 pm

    HI KARTIK NEED YR HELP FOR MY FRIEND. SHE IS STILL HOLDING 5400 PE BOUGHT @ 49, IS IT A HOLD OR EXIT. DUE TO CONNECTIVITY PROBLEM SHE CLDN'T COME ONLIEN. PLS HELP


  7. KARTHIK Says:
    May 23rd, 2011
    Posted at: 2:44 pm

    Hi kartik! shall i buy 5400CE now around Rs.30


  8. Shiva Says:
    May 23rd, 2011
    Posted at: 2:46 pm

    karti...bought jpassoc 80 pe @ 1.90..cmp 1.60 ..what to do? safe to hold?


  9. Kartik Says:
    May 23rd, 2011
    Posted at: 2:47 pm

    Hi ARIJIT, continue to hold it, it looks weak

    Hi Vishal, would be better to book profits as of now

    Hi sanzy, chances look slim as of now


  10. Kartik Says:
    May 23rd, 2011
    Posted at: 2:49 pm

    Hi SAI, continue to hold it for some more time, keep a SL at 5410

    Hi Shiva, yes, hold it

    Hi KARTHIK, no, Markets look weak


  11. Gitanjali Says:
    May 23rd, 2011
    Posted at: 2:49 pm

    Hi Kartik, had booked out from jpasso short .. and hve just entered again [seeing the your call !] .. shall hold on ..is the call still on..pl?


  12. SAI Says:
    May 23rd, 2011
    Posted at: 2:50 pm

    HI KARTIK OK THANKS WL INFORM.


  13. Kartik Says:
    May 23rd, 2011
    Posted at: 2:50 pm

    Hi Gitanjali, continue to hold it for some time


  14. SAI Says:
    May 23rd, 2011
    Posted at: 2:51 pm

    HI KARTIK WHR TO CLEAR 5400PE pls suggest


  15. Gitanjali Says:
    May 23rd, 2011
    Posted at: 2:52 pm

    OK .. had entered at 79.60... from may .. shall exit and enter from june .. if possible ...today..
    Thanks..
    how is unitech.. very weak is it..?


  16. Kartik Says:
    May 23rd, 2011
    Posted at: 2:52 pm

    Hi SAI, book around 60

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