Quotes with Resistance & Support
Market Information

Intraday calls for 24-05-11

Posted on: May 24th, 2011 at 8:27 am

Markets likely to open flat. Support for nifty is at 5350 and resistance at 5460

Buy Prime focus at 58, target: 61. Stoploss: 56.50

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594 Responses

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  1. CB Says:
    May 24th, 2011
    Posted at: 10:47 am

    Hi NSK, avoid it, it looks weak

    Hi Pradeep, seeing some recovery today, hold it with a SL at 284


  2. Tejas Gupta Says:
    May 24th, 2011
    Posted at: 10:47 am

    Hi SAI, not sure as of now


  3. Ary Says:
    May 24th, 2011
    Posted at: 10:49 am

    Hi CB,

    Please advice for the 5600PE. Bought at 215, trading at 195 now...When to exit?


  4. Anil Says:
    May 24th, 2011
    Posted at: 10:49 am

    CB,

    Can we short RELCAP and Long HDFCBABK??


  5. SAI Says:
    May 24th, 2011
    Posted at: 10:49 am

    hi Tejas Gupta its ok i wl enter in fut. thanks


  6. CB Says:
    May 24th, 2011
    Posted at: 10:50 am

    Hi NSK, its in a downtrend. don't enter it yet

    Hi Ary, exit at cmp for now.

    Hi Pradeep, it does look weak. seeing some short covering. hold it for a day or 2

    Hi Shiva, as of now seems like a flattish trading session today. hold for now


  7. CB Says:
    May 24th, 2011
    Posted at: 10:51 am

    Hi Ary, hold it with sl at 5425

    Hi Anil, not yet


  8. Tejas Gupta Says:
    May 24th, 2011
    Posted at: 10:51 am

    Hold my all calls if have any one have executed ..............


  9. subramanivs Says:
    May 24th, 2011
    Posted at: 10:51 am

    Hi CB,

    I have Tata motors 1150 call option, tata steel 580 call option and Nifty 5400 call option. what shall i do?


  10. Ary Says:
    May 24th, 2011
    Posted at: 10:51 am

    And anything to buy to cover the loss please?


  11. mani Says:
    May 24th, 2011
    Posted at: 10:51 am

    cb why is the lot of seeling presure in jb chemicals


  12. GODSE Says:
    May 24th, 2011
    Posted at: 10:51 am

  13. CB Says:
    May 24th, 2011
    Posted at: 10:52 am

    Hi subramanivs, hold calls for now. keep sl at days low near 5470

    Hi Ary, no, nothing new yet

    Hi mani, yes, not really sure what the news it.


  14. Ary Says:
    May 24th, 2011
    Posted at: 10:52 am

    I mean if you expecting an upmove, can I enter 5400CE now?


  15. Tejas Gupta Says:
    May 24th, 2011
    Posted at: 10:52 am

    Hi SAI, ok dear welcome


  16. CB Says:
    May 24th, 2011
    Posted at: 10:53 am

    Hi Ary, upmove could come in if nifty crosses 5420.

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