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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  1. CB Says:
    May 23rd, 2012
    Posted at: 8:30 am

    Hi Akash, can go with berger in small quantity.


  2. Pallavi Says:
    May 23rd, 2012
    Posted at: 8:31 am

    i HAVE SUZLON AND USHA MARTIN LTD HOLD OR SELL?


  3. Akash Says:
    May 23rd, 2012
    Posted at: 8:31 am

    Hi CB, Ok. I am in big loss. Pls suggest any CE?PE so that I can cover some loss today or by tomorrow.


  4. raja Says:
    May 23rd, 2012
    Posted at: 8:34 am

    CB: Is it true that JAPAN is downgraded to A+


  5. CB Says:
    May 23rd, 2012
    Posted at: 8:35 am

    Hi Pallavi, these are a hold for short/ med term

    Hi Akash, as of now no call on nifty

    Hi raja, yes, that is correct


  6. vinod Says:
    May 23rd, 2012
    Posted at: 8:35 am

    Hi CB good morning sir. how will the markets be today. will it fall below 4800


  7. CB Says:
    May 23rd, 2012
    Posted at: 8:36 am

    Hi vinod, seems like a flattish opening. could test 4820 it seems.


  8. Akash Says:
    May 23rd, 2012
    Posted at: 8:37 am

    Hi CB, Can Berger see 140+ at least in Intraday? I am planning to buy 150 so that I can cover good loss. Shud I buy more... like 250?


  9. Karan Sharma Says:
    May 23rd, 2012
    Posted at: 8:39 am

    Hi,

    Can i sell GMR (Futures) @ CMP?


  10. Dinesh Kumar Says:
    May 23rd, 2012
    Posted at: 8:40 am

    CB can i go for PE 4800....


  11. CB Says:
    May 23rd, 2012
    Posted at: 8:41 am

    Hi Akash, yes, can enter it

    Hi Karan Sharma, no, not yet. is near support levels.


  12. CB Says:
    May 23rd, 2012
    Posted at: 8:41 am

    Hi Dinesh Kumar, dont enter if nifty opens 20-25 points lower.


  13. Karan Sharma Says:
    May 23rd, 2012
    Posted at: 8:42 am

    Hi,

    Can i sell Adani Power and JSW Energy (Futures) @ CMP?


  14. vikas Says:
    May 23rd, 2012
    Posted at: 8:42 am

    Hi CB

    purchased 500 berger for three days. .... Plz tell me the possible price, where it would be after three days both upside and downside


  15. guru Says:
    May 23rd, 2012
    Posted at: 8:42 am

    dear CB,
    i want to know about ptc india, i have 1500 nos @ 51, what i do, your view plzz


  16. CB Says:
    May 23rd, 2012
    Posted at: 8:42 am

    Hi Karan Sharma, no, not yet. jsw is near support leves. adani has support at 49

    Hi vikas, can test 140 again

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