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: 5:12 pm

    Hi Akash, no, not sure of 8000 levels yet

    Hi suriya, yes, hold it for 2-3 days. can test 360-365 again

    Hi Ashutosh Sharma, go with nila and beckons for now. they are good long term bets

    Hi himanshu, it does look good. seems can see 120 in coming days.


  2. arun bj Says:
    May 24th, 2011
    Posted at: 5:12 pm

    cb good evening . Can i exit divis today down . . . Rec announced 25% profit year to year . Is this good for stocks i stuck with 380 level cmp 200 level . I cant know .when ll it come my price . .. Can i average now . . Book loss


  3. Tejas Gupta Says:
    May 24th, 2011
    Posted at: 5:16 pm

    Hi Uniyal, yes you are right, actually i found tata motors in y eyes near 3.20 pm so i have posted it for btst. and loooks good and too strong . where as the ashok leyland is slow moving stock with huge volume. it can add 3-4 rs tomorrow maximum . tat why i posted about tata motors as btst


  4. Tejas Gupta Says:
    May 24th, 2011
    Posted at: 5:20 pm

    Strong Buy in tata motors at current level


  5. Tejas Gupta Says:
    May 24th, 2011
    Posted at: 5:21 pm

    Hi Uniyal, you are most welcome


  6. himanshu Says:
    May 24th, 2011
    Posted at: 5:23 pm

    hey cb.... Will it correct upto 95 as i short today at 99... then there was freez and i was unable to buy in equity.... Now there will b auction on 3rd day....
    Is there any chance to have a little amount of profit as i will buy it when it will correct?????


  7. suzane Says:
    May 24th, 2011
    Posted at: 5:31 pm

    Hi CB, book loss in MahindForg @ 72 with very huge loss :((


  8. Tejas Gupta Says:
    May 24th, 2011
    Posted at: 5:46 pm

    Nifty 5500 Call (May) looks attractive @ cmp 7.15, Nifty is holding strong support of 5373 strongly, sharp bounce back may be seen till expiry


  9. GODSE Says:
    May 24th, 2011
    Posted at: 5:47 pm

    Hi suzane, i hav already worned u but ,u could't ..........they hav shown profit till date,check pre....results


  10. GODSE Says:
    May 24th, 2011
    Posted at: 5:48 pm

    Hi suzane, * read hav as hav'nt


  11. CA.Tejas Says:
    May 24th, 2011
    Posted at: 6:12 pm

    I have bought COnfidence Petro 200 qty @ 15.70, Jasch Ind 200 qty @ 14.08, IRB INFRA 40 qty @ 154, Avon Corp 2000 qty @ 5.02....

    Kindly give yr tgts for all.... short term n long term...


  12. Shiva Says:
    May 24th, 2011
    Posted at: 6:19 pm

    can I buy 5400 ce tomorrow??


  13. Anil Says:
    May 24th, 2011
    Posted at: 6:40 pm

    GE CB,

    Holding JP short 3 lots @ 79.60. It is going up. What to do??


  14. CB Says:
    May 24th, 2011
    Posted at: 6:59 pm

    Hi arun bj, its looking good for short term. continue to hold onto it for now

    Hi Tejas Gupta, thanks

    Hi himanshu, oh ok. profit booking can come in. 120 is a 1-2 month target. lets see how it opens tomorrow.

    Hi suzane, oh ok. sorry to hear that. its best to stay away from stocks which are yet to declare results.

    Hi CA.Tejas, hold these for long term. these have the potential to double.

    Hi Shiva, no, not yet. nifty not really breaking on either sides

    Hi Anil, hold for now. if possible hedge with a 80 call


  15. karthickPrabhu Says:
    May 24th, 2011
    Posted at: 7:06 pm

    Hi Cb your views on tata global i have 50 @ 112 , but today it posted bad results, can i bool loss and move or hold for 6 month-1 year?


  16. himanshu Says:
    May 24th, 2011
    Posted at: 7:08 pm

    ok cb...
    Lets c

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