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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  1. dak Says:
    May 24th, 2012
    Posted at: 8:41 am

    Thanks cb. also holding june nifty futures at 4900 - am okay to wait till june expiry if I get good profits. what levels can be expected ?


  2. CB Says:
    May 24th, 2012
    Posted at: 8:42 am

    Hi dak, yes, shall wait for some more time. is repeatedly finding support around 4800 levels. can expect a bounce.


  3. Dinesh Kumar Says:
    May 24th, 2012
    Posted at: 8:42 am

    i am having 4800 PE.. can i hold it or exit


  4. guru Says:
    May 24th, 2012
    Posted at: 8:43 am

    GM CB,
    your view on FKONCO plzz


  5. CB Says:
    May 24th, 2012
    Posted at: 8:46 am

    Hi Dinesh Kumar, hold with sl at 4880 for now

    Hi guru, Good morning. it can test 155 in coming days.


  6. Jesi Says:
    May 24th, 2012
    Posted at: 8:46 am

    Halo Sir
    Jp call 60 holding sir.today targrt JP sir


  7. CB Says:
    May 24th, 2012
    Posted at: 8:47 am

    Hi Jesi, hold it with sl at 59. can test 62.50


  8. harsha Says:
    May 24th, 2012
    Posted at: 8:47 am

    Hi CB,
    Can i go short on ROLTA at the opening of the market ?


  9. CB Says:
    May 24th, 2012
    Posted at: 8:47 am

    Hi harsha, no, not yet. finding some support near 71-72


  10. Ani Says:
    May 24th, 2012
    Posted at: 8:48 am

    Hi CB,

    Sir holding tata steel 380 [email protected] and 4900 ce@33 .....plz advice....


  11. sanzy Says:
    May 24th, 2012
    Posted at: 8:49 am

    can i go long in BankNifty for a day or 2


  12. sandeep Says:
    May 24th, 2012
    Posted at: 8:50 am

    cb.................Can HUl see levels close to 435 in the current series as i'm holding its 440 [email protected] for current series?
    plz reply


  13. CB Says:
    May 24th, 2012
    Posted at: 8:50 am

    Hi Ani, these are a hold. book in the ce near 4860-4870. tata steel can see 388

    Hi sanzy, no, don't go long yet. does look weak. can look to short on a small bounce.


  14. madhu Says:
    May 24th, 2012
    Posted at: 8:50 am

    Hi CB
    can i buy delta, please give your view


  15. vickys Says:
    May 24th, 2012
    Posted at: 8:51 am

    Hi CB,

    Is Hexaware good buy for intraday as NEC will buy some stake in Hexaware ?
    Ans also any views for intraday on BPCL (any OMC ..) ?

    Thanks


  16. cvrprakash Says:
    May 24th, 2012
    Posted at: 8:51 am

    Dear CB,

    Where is confidnece petro going?
    From the level of 18-16 falling till 5.
    At least it was holding 5 these many days, now even breaking and going below that.
    Where it will end? Where is the next support?

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