Intraday calls for 23-05-2013

Quotes with Resistance & Support

Market Information

Intraday calls for 23-05-2013

Posted on: May 23rd, 2013 at 7:53 am

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Markets likely to open lower, next support at 5980

If Market show recovery during the day, buy Axis bank

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213 Responses

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K.V.LAXMI Says:
May 23rd, 2013
Posted at: 3:16 pm
sir, can i buy SBI for long ?
thanks
cvrprakash Says:
May 23rd, 2013
Posted at: 3:18 pm
Dear CB,
Alraedy holding Yes bank, where can I try add more.
What level can I enter IRB infra. Any stock you advice to buy using this dip.
Thanks.
CB Says:
May 23rd, 2013
Posted at: 3:18 pm
Hi tajuddin, no, avoid long for now. seems may open a bit lower tomorrow
Hi K.V.LAXMI, no, not yet.
CB Says:
May 23rd, 2013
Posted at: 3:19 pm
Hi cvrprakash, can add yes bank if dips near 480. avoid irb for now.
tajuddin Says:
May 23rd, 2013
Posted at: 3:20 pm
ok sir what about trend sir up or downtrend
tajuddin Says:
May 23rd, 2013
Posted at: 3:22 pm
i think we nifty take supp on 5980 then can it go 6030 not sure
CB Says:
May 23rd, 2013
Posted at: 3:25 pm
Hi tajuddin, ok. lets hope for the best. above 5850, trend is up
tajuddin Says:
May 23rd, 2013
Posted at: 3:25 pm
sir plz rply me about trend sir how 2 identify up or downtrend or reversal
CB Says:
May 23rd, 2013
Posted at: 3:29 pm
Hi tajuddin, will need to learn technical analysis. most basic is the 50 and 200dma.
tajuddin Says:
May 23rd, 2013
Posted at: 3:30 pm
ok sir 4 short also can we use moving avg 50 & 200 sir
CB Says:
May 23rd, 2013
Posted at: 3:32 pm
Hi tajuddin, yes.
FIR&& Says:
May 23rd, 2013
Posted at: 3:33 pm
CB sir i bought LT @1414 what u suggest where can i exit
tajuddin Says:
May 23rd, 2013
Posted at: 3:34 pm
our nifty also below dma 200,can we hold pe sir thankyou sir, thankyou
CB Says:
May 23rd, 2013
Posted at: 3:34 pm
Hi FIR&&, corrected quite a bit. can see a bounce upto 1450-1460
cvrprakash Says:
May 23rd, 2013
Posted at: 3:56 pm
Dear CB,
Considering this huge correction for the last 4 days in Nifty,
above which level, I can considering entering long.
Any stock specific you suggest to accumulate. Thanks
shampa Says:
May 23rd, 2013
Posted at: 4:04 pm
Sir Can SBIN go to 2100 level in short term