Quotes with Resistance & Support
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Intraday calls for 23-05-14

Posted on: May 23rd, 2014 at 8:34 am

Markets likely to open flat. Resistance for Nifty is at 7300 and support at 7180

Buy Igarashi Motors at 196, target: 203. Stoploss: 192 – (Opened gap up)

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495 Responses

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  1. jaikumar Says:
    May 23rd, 2014
    Posted at: 3:19 pm

    Hi cb
    u miss my query..


  2. CB Says:
    May 23rd, 2014
    Posted at: 3:21 pm

    Hi jaikumar, yes, these are a hold for short term. look good


  3. KUMAR Says:
    May 23rd, 2014
    Posted at: 3:24 pm

    CB sir can i enter Igarashi Motors now CMP191.20 as btst & your view on Rcom near term


  4. CB Says:
    May 23rd, 2014
    Posted at: 3:25 pm

    Hi KUMAR, yes. rcom can test 148


  5. Digvijay Says:
    May 23rd, 2014
    Posted at: 3:27 pm

    Hi CB Sir.
    Good Afternoon. Booked profit in Adani power. Do you any suggestion for new investment in cash. can hold for one month


  6. CB Says:
    May 23rd, 2014
    Posted at: 3:27 pm

    Hi Digvijay, Good afternoon.. nice to hear that. no, no new call yet


  7. Rojes Says:
    May 23rd, 2014
    Posted at: 3:28 pm

    Hi NIZ,
    I have been always trying to encourage everyone here to stop trading blindly and to follow different Support and Resistance levels. I am happy that many have started to follow the levels .
    There are different methods to know the levels. For starters, the easiest ones are PIVOT point analysis and GANN SQUARE OF NINE.
    PIVOT uses values of the previous trading day…open, close, high, low prices. GANN uses only the current price.
    Do a Google search of these two and you will get the details.
    In todays TATAMOTORS stock, the high made is 439.90 and low is 425.00.
    According to PIVOT point, Resistance 1 is at 438.55 and Support 1 is at 425.65…… HOPE U GOT THE IDEA….. these levels can help u in taking decisions….BUT remember….there is no guarantee.


  8. Nilesh Says:
    May 23rd, 2014
    Posted at: 3:29 pm

    Hi K K, Thanks

    You helped me to recover my losses for last 4-5 days


  9. K K Says:
    May 23rd, 2014
    Posted at: 3:32 pm

    Hi Nilesh, You are welcome.
    How much loss was there in total ?


  10. SAM Says:
    May 23rd, 2014
    Posted at: 3:32 pm

    Hi CB, TATA MOTORS will it hit the tgt early nxt week


  11. K K Says:
    May 23rd, 2014
    Posted at: 3:34 pm

    Hi All, Bye for now. Will meet again on Monday.


  12. Nilesh Says:
    May 23rd, 2014
    Posted at: 3:37 pm

    Hi K K, around 15 K

    Started with capital of 50 K on 16th MAY

    Brought NIFTY 7400 PE @ 112 (5 lots ) & Booked @ 53.

    AND i had fortunately brought TCS Put @ 20 (3 lots) as guided by you


  13. Prathmesh Says:
    May 23rd, 2014
    Posted at: 3:39 pm

    CB sir, why Mcloed Gonr down? any bad results...as I was trying to read results on NSC.BSE but uts not published there


  14. Prathmesh Says:
    May 23rd, 2014
    Posted at: 3:44 pm

    CB sir, why Mcleod Rusell Gone down? any bad results news...as I was trying to read results on NSC.BSE but its not published there..Pl tel me shud I keep or book loss on monday?


  15. Jayson Says:
    May 23rd, 2014
    Posted at: 3:50 pm

    Hai CB Sir,

    Booked Loss of 1,500/- on Igarashi Motors as it was on Margin

    Bought @ 193 and sold @ 189.95 !!!


  16. Suresh M Says:
    May 23rd, 2014
    Posted at: 3:53 pm

    HI cb am in loss in indswft lab.. can i shift the fund to ashok leyland?or Please suggest am holding ind swft lab for almost 2 years. its not going up.

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