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: 212223242526272829Show all

  1. pareshdoshi Says:
    May 23rd, 2012
    Posted at: 3:50 pm

    hi cb, any comment on ivrcl?


  2. ravii Says:
    May 23rd, 2012
    Posted at: 3:55 pm

    Hello CB,

    Hope tomorrow nifty will touch 4782-4750-4720 ..if indian govmt take some action on rupee then nifty ll go upto 4860-4920-4950


  3. ani Says:
    May 23rd, 2012
    Posted at: 4:03 pm

    Hi Cb sir,

    still holding tata steel [email protected] and nifty [email protected] advice wat will be my plan....stoploss and wat price shld i sell both the ce n pe.....


  4. Naran Says:
    May 23rd, 2012
    Posted at: 4:05 pm

    Hi ravii, Hmmm.. Govt taking actions.... Usd inr now 56.20


  5. CB Says:
    May 23rd, 2012
    Posted at: 4:07 pm

    Hi ravii, yes. lets see how it shapes up

    Hi pareshdoshi, it looks weak. don't go short on it yet

    Hi F, yes, very boring

    Hi Madhes, have a good evening.

    Hi Rise, its a hold.


  6. CB Says:
    May 23rd, 2012
    Posted at: 4:08 pm

    Hi ani, book in tata steel near 388. nifty ce is a hold with sl at 4810. can add 30-35 points.


  7. ani Says:
    May 23rd, 2012
    Posted at: 4:14 pm

    Hi CB,

    thnaks sir...sold tata power [email protected] loss :(...stil thn ok......nw onwards i will see ur call n go wid it.....thnaks fr ur valuable suggestion....sir somehow we got panic in the market bt didnt got any response...in the emergency time...can we reach to ur number or personal mail id...if possible....or else its ok sir....


  8. REEF Says:
    May 23rd, 2012
    Posted at: 4:18 pm

    Hi CB, Holding 4800 call at 99. Any possibility of Nifty bouncing back to 4950-5000 levels before expiry. Got terribly stuck with huge quantity


  9. Akash Says:
    May 23rd, 2012
    Posted at: 4:27 pm

    Hi CB, Holding Berger. Did not do well today but did not make loss as well. Can I buy it again tomorrow in Intraday? also, buy any CE/PE?


  10. CB Says:
    May 23rd, 2012
    Posted at: 5:10 pm

    Hi ani, oh ok. sure, feel free to email at [email protected].

    Hi REEF, as of now seems may open a bit flat tomorrow. hold for now. keep sl near 4800. can see some bounce from here.possibly upto 4880

    Hi Akash, yes, hold it for 1-2 days. no call in options yet


  11. ganesh r Says:
    May 23rd, 2012
    Posted at: 5:11 pm

    hi J, thanks for the information.


  12. Kb Trader Says:
    May 23rd, 2012
    Posted at: 5:16 pm

    Hi CB, heyyy cbbbbbb.. . i will be back on may 30/31 .. . :)


  13. Deepak Bedi Says:
    May 23rd, 2012
    Posted at: 5:18 pm

    Hi SM... Don't see you around? Are u back??


  14. pareshdoshi Says:
    May 23rd, 2012
    Posted at: 5:40 pm

    hi cb,gvkpil can go below 9?pe can be purchased ?this month or next month?


  15. CB Says:
    May 23rd, 2012
    Posted at: 5:40 pm

    Hi Kb Trader, why? where are you upto?


  16. CB Says:
    May 23rd, 2012
    Posted at: 5:41 pm

    Hi pareshdoshi, has strong support at 10 levels. can test 10-10.50 it seems.

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