Quotes with Resistance & Support
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Intraday calls for 24-05-12

Posted on: May 24th, 2012 at 8:25 am

Markets likely to open slightly higher. Resistance for nifty is at 4880 and support at 4810

Buy Colgate Palmolive at 1208, target: 1225. Stoploss: 1193
Sell Bharti Airtel on rise near 285-286, target: 277. Stoploss: 291 – (SL triggered in Bharti Airtel)

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554 Responses

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Comment pages: 272829303132333435Show all

  1. Kartik Says:
    May 24th, 2012
    Posted at: 9:34 pm

    Hi MURUGAN, below 122 it looks weak, if holding it, keep a SL at 115

    Hi RAVI, no, dont enter them yet, Markets have been very volatile, wait for some time

    Hi piya, keep a SL at 1015, seems may open flat tomorrow

    Hi Naran, thanks

    Hi mamta, seems may open flat tomorrow

    Hi rgitkare, seems may open flat tomorrow


  2. SURAJIT PATRA Says:
    May 24th, 2012
    Posted at: 9:56 pm

    HI CB, IRB 120 CE HOLD @1.05, PLEASE ADVICE FOR TOMORROW, HOLD OR EXIT


  3. Kartik Says:
    May 24th, 2012
    Posted at: 10:54 pm

    Hi SURAJIT PATRA, hold it with a SL at 110(cash), it looks weak, would advice to exit on any possible rise


  4. Sohan Says:
    May 24th, 2012
    Posted at: 11:50 pm

    Hello Kartik,

    Is Bharti Airtel a good buy for medium to long term.

    Looks there is some positive outlook and news today about it concerning 4G.

    Sohan


  5. Sohan Says:
    May 24th, 2012
    Posted at: 11:52 pm

    Hello Kartik,

    Charts show a reversal today ??

    What do you think is the outlook tomorrow ?

    Sohan


  6. CB Says:
    May 25th, 2012
    Posted at: 12:12 am

    Hi Sohan, not yet. below 310 looks a bit weak. dotn enter yet. nifty below 5150 is in a short/ med term downtrend. as of now its a sell on rise. tomorrow seems may open a bit flat/ lower.


  7. SBR Says:
    May 25th, 2012
    Posted at: 12:13 am

    Hi Kartik, dowjones in red, tomor nifty opens with gapdown?


  8. SBR Says:
    May 25th, 2012
    Posted at: 12:16 am

    Hi CB, holding puts, will 4800 comes again in may


  9. Sohan Says:
    May 25th, 2012
    Posted at: 12:51 am

    Hello CB,

    Thanks very much. I am getting a positive on this scrip. I will track this daily now.

    Any Forex calls or you are not finding time ??

    Kb is preparing for exams.

    Where is SM and Gitanjali.

    Sohan


  10. Sohan Says:
    May 25th, 2012
    Posted at: 12:58 am

    Hello CB,

    What do you think was the main reason for Airtel to move higher.

    There was some good volumes in later half of the day after 12:30 though.

    Also there was some news about Qualcomm. Was this the main reason?

    Sohan


  11. CB Says:
    May 25th, 2012
    Posted at: 1:21 am

    Hi SBR, as of now seems like a flattish opening. hold puts for now. sl near 4960

    Hi Sohan, most welcome. yes, not able to track forex for some time now. shall post some soon. there was some news flow on aritel today which triggered an upmove.


  12. Sohan Says:
    May 25th, 2012
    Posted at: 1:28 am

    Hello CB,

    Thanks and a very good night.

    Where is SM and Gitanjali and Yogi and Sagar. Not seen from 2 days.

    Sohan


  13. CB Says:
    May 25th, 2012
    Posted at: 1:30 am

    Hi Sohan, not really sure.. Gitanjali is here.posting using id: Cerulean :)


  14. Sohan Says:
    May 25th, 2012
    Posted at: 1:45 am

    Hello CB,

    Just checking things to trade tomorrow.

    Remembered about ITC. But there is place mentioned about the possible reults anywhere.

    What is in store for ITC ? Will they post some bonus or dividend.

    Sohan


  15. CB Says:
    May 25th, 2012
    Posted at: 8:24 am

    Hi Sohan, not really sure about its results.. technically does look good though

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