Intraday calls for 23-05-12
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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dak Says:
May 23rd, 2012
Posted at: 1:27 pm
ok - thanks CB. And whats the support & resistance for bank nifty futures today ?
CB Says:
May 23rd, 2012
Posted at: 1:28 pm
Hi dak, resistance near 9350. support is lower at 9100
SaiPalanivel Says:
May 23rd, 2012
Posted at: 1:29 pm
HI Dinesh Kumar,GE. nifty given small bounce back on 1.10 pm level. closing maybe down level. its my view only.
Akash Says:
May 23rd, 2012
Posted at: 1:29 pm
Hi CB, Still holding Berger but it is not moving. Also, time to buy June CE? Or May 4900 CE?
CB Says:
May 23rd, 2012
Posted at: 1:29 pm
Hi Akash, hold for now. no call in options yet.
raja Says:
May 23rd, 2012
Posted at: 1:30 pm
Hi CB, can i buy AXISBANK at 966 for intraday
CB Says:
May 23rd, 2012
Posted at: 1:30 pm
Hi raja, no, not sure of entering it yet.
REEF Says:
May 23rd, 2012
Posted at: 1:30 pm
Hi CB, Holding 4800 call at 99. Plz suggest should I hold or exit
CB Says:
May 23rd, 2012
Posted at: 1:31 pm
Hi REEF, its a hold with sl at 4810
Akash Says:
May 23rd, 2012
Posted at: 1:32 pm
Hi CB, Ok. Hope it will not go down. As of now just above my buy price (50 paisa up). Will it see 140 in intraday or not?
CB Says:
May 23rd, 2012
Posted at: 1:32 pm
Hi Akash, yes. does look good
CB Says:
May 23rd, 2012
Posted at: 1:33 pm
got to go. will be back by 3pm
SaiPalanivel Says:
May 23rd, 2012
Posted at: 1:33 pm
CB SIR,EUROPE MARKET AVG 1.50% DOWN. NIFTY CLOSING LEVEL YOUR VIEW PLEASE.
chinta Says:
May 23rd, 2012
Posted at: 1:41 pm
Hi CB, At what levels we can enter bharti for short term?
Dinesh Kumar Says:
May 23rd, 2012
Posted at: 1:41 pm
NIFTY touches 4820.. it can fall further...
Dinesh Kumar Says:
May 23rd, 2012
Posted at: 1:48 pm
IF nifty crosses 4810... then it will end up 4770.....