Quotes with Resistance & Support
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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.)

trade in small quantities.

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454 Responses

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  1. CB Says:
    May 23rd, 2012
    Posted at: 12:37 pm

    Hi sham, below 60. can see 58.50

    Hi rgitkare, can test 1975. hold for now.


  2. CB Says:
    May 23rd, 2012
    Posted at: 12:37 pm

    Hi wajeed, sorry! maybe was not online. it can head upto 105 in near term.


  3. zeko Says:
    May 23rd, 2012
    Posted at: 12:38 pm

    Hi CB, for the Sell call on Tatastell is it a hold for next few days or only intraday?


  4. pradip Says:
    May 23rd, 2012
    Posted at: 12:38 pm

    HI CB , WHERE DO U SEE NIFTY CLOSING TODAY?


  5. wajeed Says:
    May 23rd, 2012
    Posted at: 12:39 pm

    Hi cb can i enter now with the CMP trading @85.60 pls suggest thanks.


  6. CB Says:
    May 23rd, 2012
    Posted at: 12:39 pm

    Hi zeko, its a hold for intraday

    Hi pradip, not really sure yet

    Hi wajeed, yes, add in small quantity


  7. CA.Tejas Says:
    May 23rd, 2012
    Posted at: 12:40 pm

    Hi CB, Bought Jain Irrigation 100 shares @ 73, GNFC 900 shares @ 78 what tgt I can expect... should I add more??


  8. Deora Says:
    May 23rd, 2012
    Posted at: 12:41 pm

    Hi Sir, I can open commodity account and buy E- Gold ( one or Two gram per month avg.) which price we can buy ( i can hold long term) inversment.


  9. CB Says:
    May 23rd, 2012
    Posted at: 12:42 pm

    Hi CA.Tejas, dont add more of these yet. for now hold them

    Hi Deora, no, not really sure.


  10. Karan Sharma Says:
    May 23rd, 2012
    Posted at: 12:43 pm

    Hi,

    Can i buy J P Associates (Futures) @ CMP. Plz share the resistance and support?


  11. CB Says:
    May 23rd, 2012
    Posted at: 12:44 pm

    Hi Karan Sharma, no. if breaks 60, can fall further.


  12. CA.Tejas Says:
    May 23rd, 2012
    Posted at: 12:44 pm

    Hi Deora, buy gold etf in the range of 27500 - 28500....


  13. RS Says:
    May 23rd, 2012
    Posted at: 12:45 pm

    Hi CB...what is ur view on HINDALCO


  14. Ajay Says:
    May 23rd, 2012
    Posted at: 12:46 pm

    Hi CB,

    Bought Unitech @ 20.85 Intraday Target Please


  15. Shareman in losses Says:
    May 23rd, 2012
    Posted at: 12:48 pm

    hi CB,

    Whats ur take on RECLTD ??

    Buy or Sell at what levels..


  16. sham Says:
    May 23rd, 2012
    Posted at: 12:49 pm

    sir stoploss for jp ass.,,,,,,,,,,,shortd at 60.40

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