Quotes with Resistance & Support
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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. Prabhu Says:
    May 24th, 2011
    Posted at: 10:53 am

    hi CB - my order for prime focus at 58.30 not materialising...why is there so less of volume? Is it normal - shud i go ahead with buying 750 shares at 58.30 for a target of 59.30 ish?


  2. CA.Tejas Says:
    May 24th, 2011
    Posted at: 10:54 am

    Whats yr views on Birla Shloka Edutech Ltd for tgt of 17
    & Vls Finance Ltd. for tgt of 16

    Also how the fundamental of the companies...


  3. CB Says:
    May 24th, 2011
    Posted at: 10:54 am

    Hi Prabhu, buy 50% at cmp. add rest if it falls to 58. its a low volume stock.


  4. sekhar Says:
    May 24th, 2011
    Posted at: 10:54 am

    hi "CB" , "APOLLO TYRES" going up where to short


  5. Rikin Says:
    May 24th, 2011
    Posted at: 10:54 am

    Hi

    Pls suggest can i enter IDEA Cellular for target of 70..??


  6. CB Says:
    May 24th, 2011
    Posted at: 10:54 am

    Hi CA.Tejas, no, not really sure about birla shloka. vls is a good long term bet.


  7. Anil Says:
    May 24th, 2011
    Posted at: 10:55 am

    Hi CB, Thanks. What abt shorting IDFC??


  8. Ary Says:
    May 24th, 2011
    Posted at: 10:55 am

    Then what to do? Should I enter 5400PE?
    I need to cover the loss...any stock options would also do. Let me know anything in banking or BHEL/L&T or anythign of sorts


  9. CB Says:
    May 24th, 2011
    Posted at: 10:55 am

    Hi sekhar, short if fails to cross 64.50

    Hi Rikin, no, it looks weak.


  10. sekhar Says:
    May 24th, 2011
    Posted at: 10:55 am

    hi "CB" , ok thanks


  11. CB Says:
    May 24th, 2011
    Posted at: 10:55 am

    Hi Anil, no, dont go short yet

    Hi Ary, for now wait for some breakout on either sides. above 5420 can test 5460. dont enter stocks yet.


  12. thavva Says:
    May 24th, 2011
    Posted at: 10:55 am

    Hi Sunil Rao, OK sunil, thank you!


  13. CB Says:
    May 24th, 2011
    Posted at: 10:56 am

    ill be back in 30 min.


  14. Tejas Gupta Says:
    May 24th, 2011
    Posted at: 10:56 am

    hi all
    intraday BUY RANBAXY SL 496


  15. Uniyal Says:
    May 24th, 2011
    Posted at: 10:56 am

    Sir whats about Ashok Leyland for intraday........... will it move up or not.


  16. raj gupta Says:
    May 24th, 2011
    Posted at: 10:56 am

    Sir why LT and DLF are not moving , m holding Call of both ????

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