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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Comment pages: 34567891011Show all

  1. CB Says:
    May 23rd, 2011
    Posted at: 9:11 am

    Hi Akash, its a loss making company. dont enter it yet.


  2. Shiva Says:
    May 23rd, 2011
    Posted at: 9:13 am

    can i buy ONGC 280 pe?


  3. CB Says:
    May 23rd, 2011
    Posted at: 9:14 am

    Hi Shiva, enter below 275.


  4. rahul Says:
    May 23rd, 2011
    Posted at: 9:14 am

    I am selling nifty 5600CE (MAY) for Rs. 1500/-. I am not buying back and it got expired. now on may 27th, what will happen in my account. whether the blocked margin will be released or it will be taken as fine.

    regards
    rahul


  5. GODSE Says:
    May 23rd, 2011
    Posted at: 9:14 am

  6. Guru Says:
    May 23rd, 2011
    Posted at: 9:15 am

    DIVIS has opend very high :(


  7. k fathima Says:
    May 23rd, 2011
    Posted at: 9:16 am

    hi CB, how is LIC hf at the present price for short term


  8. CB Says:
    May 23rd, 2011
    Posted at: 9:18 am

    Hi rahul, after expiry, margin will be released

    Hi Guru, yes, dont enter it now

    Hi k fathima, looks weak. dont enter it yet.


  9. Guru Says:
    May 23rd, 2011
    Posted at: 9:19 am

    Can I short Divisd labs if you think it comes to 720-725 levels?


  10. CB Says:
    May 23rd, 2011
    Posted at: 9:20 am

    Hi Guru, no, don't go short on it yet. looks good technically


  11. Anil Says:
    May 23rd, 2011
    Posted at: 9:20 am

    CB,

    Booked loss in ITC and shorted 2 more lots @ 187. Can i hold for tgt of 180??


  12. AJ Says:
    May 23rd, 2011
    Posted at: 9:21 am

    Can i enter JET AIR for intraday?


  13. Guru Says:
    May 23rd, 2011
    Posted at: 9:21 am

    ok, thanks CB.. any other pick for intraday?


  14. CB Says:
    May 23rd, 2011
    Posted at: 9:22 am

    Hi Anil, it did have support at 185-188. for now hold short with sl near 190

    Hi AJ, not yet.


  15. CB Says:
    May 23rd, 2011
    Posted at: 9:22 am

    Hi Guru, not yet. looking for some.


  16. Anil Says:
    May 23rd, 2011
    Posted at: 9:22 am

    Can we buy Crompton @ 245 for intraday??

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