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. Kartik Says:
    May 23rd, 2011
    Posted at: 2:54 pm

    Hi Gitanjali, JP below 80-82 looks weak, continue to hold it for some time (may series)


  2. Shiva Says:
    May 23rd, 2011
    Posted at: 2:54 pm

    kartik..jpassoc call intraday or can hold till tomorrow


  3. SAI Says:
    May 23rd, 2011
    Posted at: 2:55 pm

    HI KARTIK OK THANKS


  4. CA.Tejas Says:
    May 23rd, 2011
    Posted at: 2:57 pm

    any stocks to buy...


  5. Kartik Says:
    May 23rd, 2011
    Posted at: 2:57 pm

    Hi Shiva, hold it till tomorrow

    Hi SAI, most welcome


  6. Kartik Says:
    May 23rd, 2011
    Posted at: 2:57 pm

    Hi CA.Tejas, no, not yet


  7. Gitanjali Says:
    May 23rd, 2011
    Posted at: 2:57 pm

    HI Kartik, ok.. some time means .. is it till end of the day .. or a few days more ..may i kindly know pl?


  8. Shiva Says:
    May 23rd, 2011
    Posted at: 2:58 pm

    why BHEL crashed despite good results?? can i buy in small qty??


  9. vamsi Says:
    May 23rd, 2011
    Posted at: 2:59 pm

    hi cb/karthik.. can u tell me which software is the best for technical analysis? metastock or ambitrader? in metastock i m not getting the data feed for indian stocks.. can u help me with that?


  10. raj gupta Says:
    May 23rd, 2011
    Posted at: 2:59 pm

    Sir i bought LT 1650 CALL at 15 rs in huge quantity now has come down to 11.5 rs . please suggest sir should i hold or exit with loss ?


  11. CA.Tejas Says:
    May 23rd, 2011
    Posted at: 2:59 pm

    How u see NTPC, IRB Infra, RIL at current level to buy for few days....


  12. Ary Says:
    May 23rd, 2011
    Posted at: 3:00 pm

    Hi Karthik,

    I am holding 5400PE & 5500 PE. Pls suggest if I can hold further


  13. KARTHIK Says:
    May 23rd, 2011
    Posted at: 3:01 pm

    Thanks Kartik! shall i buy 540PE of tatasteel


  14. Manas Says:
    May 23rd, 2011
    Posted at: 3:01 pm

    hello market experts, how is dealer job in any of stock broker? what is the scope?


  15. Kartik Says:
    May 23rd, 2011
    Posted at: 3:02 pm

    Hi Gitanjali, another 1-2 days

    Hi Ary, book in 5500 PE, keep 5400 for some more time

    Hi KARTHIK, yes

    Hi CA.Tejas, they look weak, avoid them

    Hi raj gupta, seeing profit booking, enter a PUT to hedge


  16. Anil Says:
    May 23rd, 2011
    Posted at: 3:05 pm

    Hi Kartik, Shorted DLF @ 225. Hold or exit??

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