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.)

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454 Responses

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Comment pages: 21 22 232425 26 27 28 29 Show all

N Sharma Says:
May 23rd, 2012
Posted at: 2:53 pm
Market will close positive..
Sohan Says:
May 23rd, 2012
Posted at: 2:54 pm
Hello CB,
All markets are flat everywhere in the world today.
What do you make of it.
Sohan
Sup!! Says:
May 23rd, 2012
Posted at: 2:55 pm
Hi N Sharma, y u think so? all europe red... US futures red....
ARCHANAREDDY Says:
May 23rd, 2012
Posted at: 2:55 pm
hi cb....i bought nifty 4900 pe at 131.00/- now its 123.95/-
what can i do....?exit or wait...?
Madhes Says:
May 23rd, 2012
Posted at: 2:55 pm
Hi N Sharma, I don't think so..look at the options data...it is evident that.. strong resistance @ 4850..
Sup!! Says:
May 23rd, 2012
Posted at: 2:56 pm
Hi Sohan, no all europe 2% down!
N Sharma Says:
May 23rd, 2012
Posted at: 2:57 pm
Hi Sup!!, Nifty Technical charts are suggesting.. And after hitting 56 RBI and Indian govt will take some steps to increase rupee demand.. That is yet to be discounted by market.
ARCHANAREDDY Says:
May 23rd, 2012
Posted at: 2:58 pm
hi
SS Says:
May 23rd, 2012
Posted at: 2:59 pm
Hi natasha singh,
Simple reason for mkt behaviour is that Rs:USD has reached 56 lvl.
raja Says:
May 23rd, 2012
Posted at: 3:00 pm
fedup man. feel like nifty go down
N Sharma Says:
May 23rd, 2012
Posted at: 3:00 pm
Indian Market has decoupled from global market.. Yesterday global market were up but we were down. Today global markets are down by more than 1.5% but we are just by .5% so will shoot up...
Madhes Says:
May 23rd, 2012
Posted at: 3:00 pm
Hi CB, Can I book little profit in tata steel....@ 396..
ARCHANAREDDY Says:
May 23rd, 2012
Posted at: 3:01 pm
Hi Madhes, WHAT PRICE U BUY TATASTEEL..?
raja Says:
May 23rd, 2012
Posted at: 3:02 pm
nifty spot 4836.6 again
Madhes Says:
May 23rd, 2012
Posted at: 3:02 pm
Hi N Sharma, All decoupling theory are old.....almost all Nifty 50 companies are having exposure in global market..whether we like it or not.. we have to go along with world market..
raja Says:
May 23rd, 2012
Posted at: 3:03 pm
4840.4 spot