Intraday calls for 23-05-12

Quotes with Resistance & Support

Market Information

Intraday calls for 23-05-12

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

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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.)

trade in small quantities.

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454 Responses

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Pallavi Says:
May 23rd, 2012
Posted at: 8:26 am
HI GOOD MORNING
Siddharth Says:
May 23rd, 2012
Posted at: 8:26 am
Hi CB, gd mrng
CB Says:
May 23rd, 2012
Posted at: 8:27 am
Hi Pallavi, Good morning
Hi Siddharth, Good morning.
ashok Says:
May 23rd, 2012
Posted at: 8:28 am
Hi cb,
good morning.. Shall i today sell canara bank or buy berger paint?
Siddharth Says:
May 23rd, 2012
Posted at: 8:28 am
Hi CB, Outlook is pretty flat, do u see any bounce or slide at EOD.
Akash Says:
May 23rd, 2012
Posted at: 8:29 am
Hi CB, GM. Shud I buy WOCKPHARMA in intraday for target 750+ or Berger Paints for target 145+ in intraday? Also, can I buy 5000 CE for target 40-45 in 1-2 days?
CB Says:
May 23rd, 2012
Posted at: 8:30 am
Hi ashok, Good morning. can sell canara below 388. berger can be added if markets show some bounce
Hi Siddharth, yes, possible tests support at 4820