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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Jesi Says:
May 23rd, 2012
Posted at: 9:00 am
Halo Sir
today i purchace Jp 60 call or put sir?
Nag Says:
May 23rd, 2012
Posted at: 9:00 am
Hi CB, What is ur view or LIC for today??
Can we add more near 230 or hold for tgt around 245-250??
kailash Says:
May 23rd, 2012
Posted at: 9:01 am
Hi CB,
Any clue for Bhel intraday price
Thanks,
Kailash
pradip Says:
May 23rd, 2012
Posted at: 9:01 am
hi cb , can we short tata steel as soon as the market opens?
Nag Says:
May 23rd, 2012
Posted at: 9:03 am
CB..Also "RBI to buyback G-secs worth Rs 12,000 cr"---Would dis help market to improve??
Akash Says:
May 23rd, 2012
Posted at: 9:04 am
Hi CB, What downside we can see in the market. Shud I buy 4500 PE June if Market can see 4500 level by June end?
CB Says:
May 23rd, 2012
Posted at: 9:05 am
Hi sheeja, no, dont enter it yet
Hi Jesi, not yet. has support at 60
Hi Nag, dont add more yet. markets are going a bit weak. not sure how markets would react to this news
Hi kailash, no, guess will take queue from its results
Hi pradip, yes. dont short if opens gap down
CB Says:
May 23rd, 2012
Posted at: 9:05 am
Hi Akash, not sure.
sheeja Says:
May 23rd, 2012
Posted at: 9:08 am
CB,
Any stock you suggest to short today or for position?
Whats your view on Cipla... Sub 300 possible??
pradip Says:
May 23rd, 2012
Posted at: 9:08 am
hi cb, so if it opens ard 400 (tatasteel) then only we sud sell?
natasha singh Says:
May 23rd, 2012
Posted at: 9:09 am
Hi,
I rolled over my calls...any advice?
CB Says:
May 23rd, 2012
Posted at: 9:10 am
Hi pradip, around 398-400
Hi sheeja, cipla has strong support at 307-310. dont short yet. no other call yet
CB Says:
May 23rd, 2012
Posted at: 9:10 am
Hi natasha singh, ok. hold these for now. likely to see some bounce in coming days
SS Says:
May 23rd, 2012
Posted at: 9:11 am
Hi CB,
GM Sir, New high 55.75 :o(
natasha singh Says:
May 23rd, 2012
Posted at: 9:11 am
Hmm...but the expiry is also there...so ? before expiry do u seee bounce up
pradip Says:
May 23rd, 2012
Posted at: 9:11 am
hi cb, any stock tat will be in action today?