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

    Gud Mrng CB sir...
    Should i short BHEL and SBI for intraday...


  2. CB Says:
    May 24th, 2011
    Posted at: 8:55 am

    Hi JR, Good morning. no ,don't go short on these today. seems could see a small bounce.


  3. KARTHIK Says:
    May 24th, 2011
    Posted at: 8:56 am

    thank u CB


  4. Ram Says:
    May 24th, 2011
    Posted at: 8:56 am

    Gud Morning CB.. kindly let me know the link for intraday chart for nifty


  5. K K Says:
    May 24th, 2011
    Posted at: 8:57 am

    Hi CB,
    Where do you see HPCL today ??


  6. Joginder Singh Says:
    May 24th, 2011
    Posted at: 8:57 am

    Hello experts and everybody good morning


  7. CB Says:
    May 24th, 2011
    Posted at: 8:57 am

    Hi KARTHIK, most welcome

    Hi Ram, Good morning. due to some issues we have temporarily disabled live charts. shall email you once its up and running


  8. Ram Says:
    May 24th, 2011
    Posted at: 8:58 am

    Ok CB


  9. CB Says:
    May 24th, 2011
    Posted at: 8:58 am

    Hi K K, can add 5-6rs

    Hi Joginder Singh, good morning.


  10. CB Says:
    May 24th, 2011
    Posted at: 8:59 am

    Hi Ram, most welcome.


  11. Abin C Thomas Says:
    May 24th, 2011
    Posted at: 8:59 am

    Expecting a sharp bounce back in BHEL.... 1897 is the ideal stop loss


  12. Sunil Rao Says:
    May 24th, 2011
    Posted at: 8:59 am

    Good Morning CB & All :)

    Nifty closed on a very precarious note yesterday, if Nifty fails to sustain below 5395 in first 15mins of trade today, we may see a bounce upto 5451, 5479 levels.
    However, if we hold below 5395 level, we would be heading towards 5280.

    Happy Trading today.


  13. CB Says:
    May 24th, 2011
    Posted at: 9:00 am

    Hi Sunil Rao, Good morning.. yes. has bounce back quite a few times form the 5350-5400 range. lets see how it goes this time.


  14. GODSE Says:
    May 24th, 2011
    Posted at: 9:00 am

    Hi GM CBAND ALL,
    Derivatives Watch
    --------------------------
    Short position build up for the June series has been witnessed RELIANCE, RELINFRA, SBIN, ICICIBANK, HDFCBANK, BHEL, TATASTEEL, TATAMOTORS, HEROHONDA, LT, HINDUNILVR, INFOSYSTCH, JINDALSTEL, JSWSTEEL, SUZLON.


  15. Anil Says:
    May 24th, 2011
    Posted at: 9:00 am

    Hi CB, GM,

    Pls advise sure tgt to exit ITC and DLF shorts..


  16. CB Says:
    May 24th, 2011
    Posted at: 9:00 am

    Hi GODSE, Good morning.. thanks.

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