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 23 24 25 26 272829 Show all

nithin2009 Says:
May 23rd, 2012
Posted at: 7:25 pm
cb..i hold 650 [email protected] advice on this counter...
Kb Trader Says:
May 23rd, 2012
Posted at: 8:16 pm
Hi CB, :( ko . .. :DDDDDDD
vishal Says:
May 23rd, 2012
Posted at: 8:30 pm
the usa markets have fallen quite a bit but the sgx nifty is holding on, not even 1 point down, does it mean we are going to open flattish and then move on with gains for tomorrow, i think this is a trap for those who will short tomorrow, i think the markets will react very positively as this was expected and all sellers should be very very careful.
ARUN BJ Says:
May 23rd, 2012
Posted at: 8:55 pm
hi kartik how is looks bhel result it posted good profit can i enter call tomo
ARUN BJ Says:
May 23rd, 2012
Posted at: 9:05 pm
hi kartik is 1800 is good support for hero motor corporation can i enter call
F Says:
May 23rd, 2012
Posted at: 9:13 pm
Europe and us in deep red.tomorrow nifty opens with -50 points gapdown ? and wht will be the effect of fuel price hike on markets ? please explain briefly.
fkuc nifty Says:
May 23rd, 2012
Posted at: 9:16 pm
whts the target for nifty tomo
Rise Says:
May 23rd, 2012
Posted at: 9:17 pm
sir petrol rate increased by 7 rs....tomm market....negative ryt????
Jesi Says:
May 23rd, 2012
Posted at: 9:40 pm
Halo Sir
you said no sell tata power,it comes dowm 9 rupis sir.i not sold in 97.jp 60 call 2.80 rupis buy today sir.tomaro hold or not sir?
Naran Says:
May 23rd, 2012
Posted at: 9:46 pm
Hi vishal, MOST NEGATIVE NEWS ARE IGNORED AND NIFTY HOLDS 4800 TODAY. I THINK IT MAY BE A BULL TRAP AND HUGE SELL OFF COMING NEAR TERM. THIS MONTH SERIES F & O ARE VERY VERY VERY VERY RISKY ........................................
Kartik Says:
May 23rd, 2012
Posted at: 9:53 pm
Hi SaiPalanivel, Markets look weak, seems may open lower tomorrow, hold it with a SL at 4790
Hi ashok, it can be entered with a SL at 492 (cash) for Short term
Hi nithin2009, it looks weak with the Markets, would advice to exit
Hi vishal, SGX normally becomes active around 8am daily, for now it seems we may open lower
Hi fkuc nifty, for now it seems we may open lower around 4800
Hi F, Yes, for now it seems we may open lower around 4800
Hi ARUN BJ, Hero Moto looks weak with the Markets, would advice to avoid it, BHEL continues to face support at 190-200, can be entered with a SL at support level
Hi Kb Trader, GE
Hi Rise, Yes, for now it seems we may open lower around 4800
Kartik Says:
May 23rd, 2012
Posted at: 9:55 pm
Hi Jesi, Yes, Tata Power Company faced strong support at 90 and could give a bounce if markets would have trade flat today, JP Associates looks weak, hold it with a SL at 60 (cash)
fkuc nifty Says:
May 23rd, 2012
Posted at: 9:56 pm
Simple equation,
BULL pressure + BEAR banging = NEUTRAL MARKET like today and maybe tomo also?? who knows?????
Be Honest Says:
May 23rd, 2012
Posted at: 10:05 pm
hi kartik sir ..
abraham Says:
May 23rd, 2012
Posted at: 10:18 pm
does nifty close below 4700 before this may series ends?
Kartik Says:
May 23rd, 2012
Posted at: 10:45 pm
Hi Be Honest, most welcome
Hi abraham, for now it seems likely, as there been many rising concerns lately (falling rupee, rising fuel prices.. etc)