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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STRANGER Says:
May 23rd, 2012
Posted at: 8:43 am
can i short vip , hdil ....???
CB Says:
May 23rd, 2012
Posted at: 8:43 am
Hi guru, its a good bet for short term. hold it. can see 57
Akash Says:
May 23rd, 2012
Posted at: 8:43 am
Hi CB, So 150 Qnty is fine or I shud buy more so that I can cover more loss
CB Says:
May 23rd, 2012
Posted at: 8:43 am
Hi STRANGER, don't short if these open gap down
CB Says:
May 23rd, 2012
Posted at: 8:43 am
Hi Akash, yes, thats fine.
STRANGER Says:
May 23rd, 2012
Posted at: 8:45 am
can i enter hindalco @ 105 ...??
AJ Says:
May 23rd, 2012
Posted at: 8:45 am
Any hopes of recovery in IND CEM today?
vinod Says:
May 23rd, 2012
Posted at: 8:46 am
ok cb thank you
vikas Says:
May 23rd, 2012
Posted at: 8:46 am
Is there is any upward movement left in berger paint...if yer then what would be the target for three days plz tell me the stop loss too
CB Says:
May 23rd, 2012
Posted at: 8:46 am
Hi STRANGER, no, looks weak
Hi AJ, is nearing strong support levels of 68-70.can expect a bounce from here
CB Says:
May 23rd, 2012
Posted at: 8:47 am
Hi vinod, most welcome
Hi vikas, could test 140 if markets improve. sl near 128
Deora Says:
May 23rd, 2012
Posted at: 8:48 am
Gud Morning CB, What is the intraday target for ABAN OFFS.
CB Says:
May 23rd, 2012
Posted at: 8:51 am
Hi Deora, Good morning. today can test 375
zeko Says:
May 23rd, 2012
Posted at: 8:56 am
Hi CB, Good Morning, what is your view on TCS and SBI today?
CB Says:
May 23rd, 2012
Posted at: 8:57 am
Hi zeko, Good morning. tcs can add 15-20 points. sbi may open a bit lower.
sheeja Says:
May 23rd, 2012
Posted at: 9:00 am
Dear CB,
Your view on buying Rel.Cap
Can I go with its 320 CA @ 4. Please tell. thanks