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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Comment pages: 5678910111213Show all

  1. CB Says:
    May 23rd, 2011
    Posted at: 9:31 am

    Hi Praveen, yes, in small quantity


  2. SS Says:
    May 23rd, 2011
    Posted at: 9:33 am

    HI Cb, i am holding inox Leisure 500 @ 52. Day by day it's going down. What to do? How long i need to wait to get resonable profit???


  3. MICKY Says:
    May 23rd, 2011
    Posted at: 9:33 am

    Cb idfc @ 134.50 wat say ?


  4. cvrprakash Says:
    May 23rd, 2011
    Posted at: 9:34 am

    CB,

    Whats the support for BGR? Can I buy near that range to cover up my losses?


  5. CB Says:
    May 23rd, 2011
    Posted at: 9:34 am

    Hi SS, for now would advice to exit 50% if it trades below 43 for some time. with markets going weak. may take some time to recover


  6. CB Says:
    May 23rd, 2011
    Posted at: 9:34 am

    Hi MICKY, looks good

    Hi cvrprakash, as of now has support at 460


  7. CB Says:
    May 23rd, 2011
    Posted at: 9:34 am

    ill be back in 30 min


  8. himanshu Says:
    May 23rd, 2011
    Posted at: 9:35 am

    hey cb... Can i buy 5300 ce today??


  9. SS Says:
    May 23rd, 2011
    Posted at: 9:35 am

    Thanks CB. I am also holding kanpur plastipack @46. It's now 25. What to do now? Hold or sell???


  10. MICKY Says:
    May 23rd, 2011
    Posted at: 9:35 am

    cb shld i buy atul ltd now now


  11. Kb Says:
    May 23rd, 2011
    Posted at: 9:37 am

    Hi thavva, GM


  12. raj gupta Says:
    May 23rd, 2011
    Posted at: 9:38 am

    sir, should i hedge with LT 1650 call after exit from put ???


  13. maddy Says:
    May 23rd, 2011
    Posted at: 9:41 am

    hi kb how low can smartlink go today??? or will it come up ?


  14. rahul Says:
    May 23rd, 2011
    Posted at: 9:43 am

    any calls?


  15. CM Raghu Says:
    May 23rd, 2011
    Posted at: 9:44 am

    Hi,
    bought JBCHEM @165... will it come to that price?
    wat can be today's high?

    thank you


  16. Kb Says:
    May 23rd, 2011
    Posted at: 9:46 am

    Hi maddy, gud support around 80

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