Quotes with Resistance & Support
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Intraday calls for 23-05-2013

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

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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Comment pages: 67891011121314Show all

  1. CB Says:
    May 23rd, 2013
    Posted at: 4:41 pm

    Hi cvrprakash, its a good buy if dips near 5900 levels. can go long in ril, bharti airtel on dips

    Hi shampa, yes, can test 2100-2120 levels.


  2. cvrprakash Says:
    May 23rd, 2013
    Posted at: 4:50 pm

    Dear CB,

    Please share your view on Kolte patil.
    I am holding this @ 103
    Up to what level this downtrend may go, so I can plan adding more on that.
    Thanks.


  3. Mohankumar Says:
    May 23rd, 2013
    Posted at: 5:05 pm

    Hello CB,

    I have bought 25 shares of SBI for 2200, Should i need add some more? or else shall i wait. pls share ur suggestion on this


  4. CB Says:
    May 23rd, 2013
    Posted at: 5:08 pm

    Hi cvrprakash, yes, could add few more if dips lower near 85 levels. its a good bet

    Hi Mohankumar, no, dont add more of it yet. wait for 2-3 days. global markets are seeing selling pressure


  5. Mohankumar Says:
    May 23rd, 2013
    Posted at: 5:13 pm

    Thanks CB


  6. srk Says:
    May 23rd, 2013
    Posted at: 5:29 pm

    adani power buy@60 ,is any more downside. tomorrow I have to settle amount


  7. srk Says:
    May 23rd, 2013
    Posted at: 6:29 pm

    sir what should be tomorrow target for adani power?????


  8. j k nambiar Says:
    May 23rd, 2013
    Posted at: 6:59 pm

    good evening cb/ kartik sirs. what will be the suppport and resitance for nifty tomorrow? many thanks.


  9. Shiju Says:
    May 23rd, 2013
    Posted at: 7:30 pm

    Hi CB/Karthik, I am holding 6,000 shares of NCC LTD @ 33.20. Shares of NCC are down by nearly 10% today even though they had posted good numbers (increase of PAT by 152%) in Q4 result. Is this good bet for short term and let me know possible target in the upcoming trading days? Thank you.


  10. Kartik Says:
    May 23rd, 2013
    Posted at: 7:33 pm

    Hi Mohankumar, most welcome

    Hi j k nambiar, seems may open lower around 5930, support around 5850

    Hi srk, avoid adding more as Markets look uncertain, hold it with a SL at 52 for short term

    Hi Shiju, technically below 32 it looks weak, if it continues to trade below 32 for another 2-3 days time, would be better to exit from it, Fundamentally its a strong bet but seems to see some profit booking lately


  11. SaiPalanivel Says:
    May 23rd, 2013
    Posted at: 7:52 pm

    HI Kartik SIR,GA.WHATS THE REASON NIKKEI,HANGSENG,HUGE FALL TODAY?


  12. Vishal Says:
    May 23rd, 2013
    Posted at: 8:14 pm

    Hi CB, Sir. SBI reported bad results. Can we see it below 2000 tomorrow?


  13. jatin Says:
    May 23rd, 2013
    Posted at: 8:40 pm

    sir,
    I have LNT ce @ 17 of 1500 .can I still wait?


  14. Vishal Says:
    May 23rd, 2013
    Posted at: 8:54 pm

    Hi Kartik, SBI target tomorrow and by Monday?


  15. Kartik Says:
    May 23rd, 2013
    Posted at: 9:01 pm

    Hi Vishal, its likely to open lower by 1-2% tomorrow, results look weka

    Hi jatin, its seeing profit booking, would be better to exit

    Hi SaiPalanivel, http://finance.yahoo.com/news/nikkeis-u-turn-may-not-125400846.html


  16. PK Says:
    May 23rd, 2013
    Posted at: 9:06 pm

    Taa steel q4 loss of 6528 cr on impairment provision

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