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

    Hi sandeep, yes, can test 433-435. hold it

    Hi madhu, does have resistance near 64. dont enter yet.


  2. Sup!! Says:
    May 24th, 2012
    Posted at: 8:52 am

    can i long on nifty?


  3. CB Says:
    May 24th, 2012
    Posted at: 8:52 am

    Hi vickys, yes, can add hexaware in small quantity. omc's may open gap up it seems

    Hi cvrprakash, yes, small cap index is near its 1-2yr lows. as of now its best to wait.


  4. ashok Says:
    May 24th, 2012
    Posted at: 8:52 am

    Hi cb,
    shall i buy pantaloon Or nalco pharma?


  5. CB Says:
    May 24th, 2012
    Posted at: 8:52 am

    Hi Sup!!, don't go long at opening. has resistance near 4880


  6. CB Says:
    May 24th, 2012
    Posted at: 8:52 am

    Hi ashok, can go with natco for now.


  7. REEF Says:
    May 24th, 2012
    Posted at: 8:56 am

    Hi CB, Should I exit in the opening. Holding 4800 call at 99


  8. Sup!! Says:
    May 24th, 2012
    Posted at: 8:56 am

    can i buy 440ce of hul?


  9. CB Says:
    May 24th, 2012
    Posted at: 8:57 am

    Hi REEF, hold it. book near 4880-4900

    Hi Sup!!, yes.


  10. REEF Says:
    May 24th, 2012
    Posted at: 8:58 am

    Thanks CB, But will it reach 4900 today


  11. CB Says:
    May 24th, 2012
    Posted at: 8:59 am

    Hi REEF, its likely if global markets support. for now book near 4880. shall re-enter a ce above resistance of 4920


  12. Sup!! Says:
    May 24th, 2012
    Posted at: 8:59 am

    cb.... 340ce of Yes Bank? if above 323?


  13. REEF Says:
    May 24th, 2012
    Posted at: 9:00 am

    Ok Thanks CB..


  14. CB Says:
    May 24th, 2012
    Posted at: 9:00 am

    Hi Sup!!, no, not yet. does have strong resistance near 326-330

    Hi REEF, most welcome.


  15. dak Says:
    May 24th, 2012
    Posted at: 9:02 am

    cb - cna I go short at opening if it opens gap up ?


  16. CB Says:
    May 24th, 2012
    Posted at: 9:02 am

    Hi dak, no, not yet.

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