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.)

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454 Responses

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Comment pages: 141516171819202122Show all

  1. ARCHANAREDDY Says:
    May 23rd, 2012
    Posted at: 12:52 pm

    HELLO CB CAN I ENTER LT 1200 CE NOW...?


  2. SaiPalanivel Says:
    May 23rd, 2012
    Posted at: 12:52 pm

    HI CB SIR NIFTY RECOVER BEFORE CLOSING LEVEL?


  3. CB Says:
    May 23rd, 2012
    Posted at: 12:53 pm

    Hi RS, does look weak. done enter yet

    Hi Ajay, can see 21.60

    Hi Shareman in losses, does look wak. can short on a small bounce

    Hi sham, 61.50


  4. Suryakant Dubey Says:
    May 23rd, 2012
    Posted at: 12:54 pm

    Hi CB,
    You missed my query..
    I am holding 500 shars of sintex @ 113 currently it is trading @52
    Also holding 750 shares of MIC electronics @11 currently trading @5
    Please advise what should I do

    Thanks Suryakant


  5. sham Says:
    May 23rd, 2012
    Posted at: 12:54 pm

    thank u


  6. kvk Says:
    May 23rd, 2012
    Posted at: 12:54 pm

    HI CB SIR, GOOD AFTERNOON...


  7. IMRAN KHAN Says:
    May 23rd, 2012
    Posted at: 12:55 pm

    CB,

    why our market is not falling when global market is falling so bad


  8. CB Says:
    May 23rd, 2012
    Posted at: 12:55 pm

    Hi Suryakant Dubey, we will need to avg these. for now hold them. add few more of sintex on dips near 4750 on nifty

    Hi sham, most welcome

    Hi kvk, Good afternoon


  9. CB Says:
    May 23rd, 2012
    Posted at: 12:56 pm

    Hi IMRAN KHAN, :) not really sure.


  10. shiva Says:
    May 23rd, 2012
    Posted at: 12:57 pm

    can i buy A2Z ?


  11. SaiPalanivel Says:
    May 23rd, 2012
    Posted at: 12:57 pm

    HI CB SIR NIFTY RECOVER BEFORE CLOSING LEVEL? your missed my quirey


  12. abhishek Says:
    May 23rd, 2012
    Posted at: 12:58 pm

    nifty may bounce bank in the green territory//////


  13. CB Says:
    May 23rd, 2012
    Posted at: 12:59 pm

    Hi shiva, no, not sure

    Hi SaiPalanivel, can see a small bounce

    Hi abhishek, not really sure. its possible if european markts improve a bit.


  14. Sush Says:
    May 23rd, 2012
    Posted at: 1:00 pm

    Hi CB! Shld I re enter 4800 PE

    Thanks


  15. Ajay Says:
    May 23rd, 2012
    Posted at: 1:00 pm

    CB bought HCL @ 486 and cant hold for two days so should i exit and at what price


  16. IMRAN KHAN Says:
    May 23rd, 2012
    Posted at: 1:00 pm

    ok CB :) i exited my put option in loss of Rs 1000, will recover it tomorrow, next 1 hour i will be not about to watch the terminal going to meeting, :)

Comment pages:141516171819202122Show all

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