Quotes with Resistance & Support
Market Information

Intraday calls for 23-05-12

Posted on: May 23rd, 2012 at 8:25 am

Markets likely to open flat. Support for nifty is at 4820 and resistance at 4940

Sell Tata steel at 399, target: 389. Stoploss: 406 – (Book profit in Tata steel at 395)
Buy HCL Technologies above 490, target: 502. Stoploss: 482 – (if possible continue to hold hcl tech for 1-2 days.)

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454 Responses

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Comment pages: 212223242526272829Show all

  1. Sup!! Says:
    May 23rd, 2012
    Posted at: 10:48 pm

    if markets open low 4795, then 4700pe buy??


  2. Aman Says:
    May 23rd, 2012
    Posted at: 10:52 pm

    Hi kartik..
    Tomorrow's target for Timken..


  3. Aman Says:
    May 23rd, 2012
    Posted at: 10:57 pm

    & for Ceat also..


  4. abraham Says:
    May 23rd, 2012
    Posted at: 11:03 pm

    sir,

    If market breaks 4820 in the opening , what are the support and resistance levels of nifty?


  5. Kartik Says:
    May 23rd, 2012
    Posted at: 11:04 pm

    Hi abraham, strong support at 4760, resistance at 4850

    Hi Aman, Timken can see 225, Ceat may open flat

    Hi Sup!!, no, dont enter PE at opening, a small short covering bounce can come in


  6. ARUN BJ Says:
    May 23rd, 2012
    Posted at: 11:14 pm

    hi kartik i am looking job for broking industry now i planning to study the certification course at nse ... what is the NCFM CERTIFICATION ? when i check the nse site there is lot of course ll there ..


  7. Aman Says:
    May 23rd, 2012
    Posted at: 11:15 pm

    Thanx Kartik..
    Have a sound sleep.. Gud Nite..


  8. chinta Says:
    May 23rd, 2012
    Posted at: 11:21 pm

    Hi Kartik, at what levels we can enter Bharti airtel. Thanks.


  9. abraham Says:
    May 23rd, 2012
    Posted at: 11:25 pm

    thank you sir


  10. ARUN BJ Says:
    May 23rd, 2012
    Posted at: 11:32 pm

    hi chinta

    if you want to enter bharti long term view enter near 260 level some support at 255 level


  11. nithin2009 Says:
    May 24th, 2012
    Posted at: 12:27 am

    cb..kindly advice on great offshore,pfc


  12. CB Says:
    May 24th, 2012
    Posted at: 12:54 am

    Hi ARUN BJ, yes. there are quite a bit. depends in which segment you are interested in

    Hi Aman, most welcome. Good night.

    Hi chinta, it looks weak below 290. can test 270

    Hi abraham, most welcome

    Hi nithin2009, it does look a bit weak. dont enter it yet. if breaks 75 could fall further. pfc can test 158 in coming days


  13. vishal Says:
    May 24th, 2012
    Posted at: 1:15 am

    yippee!!!!! as predicted a few hours back usa markets are now in green, a huge positive for our markets and one can surely go long at the opening bell in stocks like mcdowell, reliance capital, and bank nifty.


  14. SaiPalanivel Says:
    May 24th, 2012
    Posted at: 7:32 am

    HI CB SIR,US MARKETS CLOSING LAST 2 HOURS SHARP RECOVER 2%. HOW REACT INDIAN MARKET TODAY? YOUR VIEW PLEASE.


  15. CB Says:
    May 24th, 2012
    Posted at: 8:07 am

    Hi SaiPalanivel, yes. nifty may open 25-30 points higher. can test 4880 on the upside if global markets support.

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