Quotes with Resistance & Support
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Intraday calls for 24-05-10

Posted on: May 24th, 2010 at 8:19 am

Markets likely to see a gap up opening. Resistance for nifty is at 5000 and support at 4850

Buy Allahabad Bank at 156.75, target: 162. Stoploss: 153
Buy Dewan Housing at 219.85, target: 227. Stoploss: 214. (book at 225)

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616 Responses

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  1. Kb Says:
    May 24th, 2010
    Posted at: 3:18 pm

    Hi Kartik, hi. kartthik.. im back ... when we look in to suzlon intraday chart ... why a great fall near 3.00 Pm.. thats due to intraday position sell off???


  2. ABHI Says:
    May 24th, 2010
    Posted at: 3:18 pm

    Hi Kartik/cb..
    i have 1 lot of piramal health and 1 lot of biocon may futures
    are they looking good? what target can they give before expiry may 27?
    i have biocon lot at 288 and piramal lot at 490?
    shld i exit today only if they are not strong?


  3. rameshbhole Says:
    May 24th, 2010
    Posted at: 3:19 pm

    DO U SEE SOME DOWN SLIDE THIS WEEK?


  4. Kb Says:
    May 24th, 2010
    Posted at: 3:21 pm

    Hi Akash, Hmm.. donn buy in a hurry .. enter only 25 % only ... this may be a small pull back .. and 4700/ 4800 levels will be safe to enter ..


  5. Roze Says:
    May 24th, 2010
    Posted at: 3:22 pm

    Hi Kartik,

    Whats d target for TV-18 in short term,

    Thanks,


  6. divya Says:
    May 24th, 2010
    Posted at: 3:22 pm

    can i buy Nifty 5000 PE at tims levels...


  7. CB Says:
    May 24th, 2010
    Posted at: 3:22 pm

    Hi DS, on mobile is not in futures? we need to cover them today

    Hi DM, hold it till tomorrow if possible maintain the same sl

    Hi Akash, hold it

    Hi uniyal, overall the sector looks weak as of now

    Hi ABHI, hold them. piramal can see 540. biocon can add 5-7rs

    Hi Kb, yes, its possible.

    Hi rameshbhole, yes, maybe around 4850


  8. NSE_Trader Says:
    May 24th, 2010
    Posted at: 3:23 pm

    Hi kartik,
    shall i carry short position for tomorrow
    thnaks


  9. CB Says:
    May 24th, 2010
    Posted at: 3:24 pm

    Hi Roze, around 77

    Hi divya, yes.


  10. ABHI Says:
    May 24th, 2010
    Posted at: 3:24 pm

    ok cb...these target are for before may expiry.. ? right? or is it in june?


  11. divya Says:
    May 24th, 2010
    Posted at: 3:25 pm

    should i buy nifty 4900PE now


  12. DS Says:
    May 24th, 2010
    Posted at: 3:25 pm

    Dear CB,

    My Broker said its there in futures too....with a lot size of 550...


  13. CB Says:
    May 24th, 2010
    Posted at: 3:27 pm

    Hi NSE_Trader, yes

    Hi ABHI, around expiry this week

    Hi divya, yes

    Hi DS, ok was not aware. hold them.


  14. Ravi Says:
    May 24th, 2010
    Posted at: 3:27 pm

    Hi Kartik, bought 5100 put at 168. Should I book profit or hold


  15. Kb Says:
    May 24th, 2010
    Posted at: 3:27 pm

    Hi CB, Hahhaha Cbeee .. Suzlon below 59 .. u are great .. but i booked earlier ..


  16. Ravi Says:
    May 24th, 2010
    Posted at: 3:28 pm

    Hi cb, bought 5100 put at 168. Should I book profit or hold

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