Intraday calls for 24-05-12

Quotes with Resistance & Support

Market Information

Intraday calls for 24-05-12

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

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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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deepak7791 Says:
May 24th, 2012
Posted at: 3:31 pm
ok CB. Have a nice evening!!
CB Says:
May 24th, 2012
Posted at: 3:32 pm
Hi deepak7791, you too have a good evening.
CB Says:
May 24th, 2012
Posted at: 3:32 pm
Hi Akash, yes, its possible.
Rise Says:
May 24th, 2012
Posted at: 3:33 pm
also holdin shalimar paints...@ 605??
CB Says:
May 24th, 2012
Posted at: 3:33 pm
Hi Rise, its in an uptrend. hold it for short term.
Venkat Says:
May 24th, 2012
Posted at: 3:33 pm
Hi CB, thank you sir
rgitkare Says:
May 24th, 2012
Posted at: 3:34 pm
hi cb ,created short position in nifty and sbi at 4920 and 1965 plz suggest sl for both.
CB Says:
May 24th, 2012
Posted at: 3:36 pm
Hi Venkat, most welcome
Hi rgitkare, keep common sl at 4960 on nifty and hold for now. or can hedge with couple of 5000 ce's
Hi Akash, yes, lets hope for the best.
natasha singh Says:
May 24th, 2012
Posted at: 3:37 pm
Hello CB....
My calls are not yet even cost to cost...what do u suggest..i still have kept them but feel scared as option expiry is coming...please advice!!!
rgitkare Says:
May 24th, 2012
Posted at: 3:37 pm
tomorrow nifty will up or down?
vinod Says:
May 24th, 2012
Posted at: 3:38 pm
CB KFA did not touch 13.10 i have lost some today.What is happening in market. Nifty has moved up and the stocks are almost the same price when it was at opening.
CB Says:
May 24th, 2012
Posted at: 3:40 pm
Hi natasha singh, yes, hopefully see some more upmove tomorrow. hold these for now. shall try and exit near 4950-4960
Hi rgitkare, may open a bit higher
Hi vinod, yes, as of now large caps saw some short covering.. small/midcaps will follow. hold for now.
profit Says:
May 24th, 2012
Posted at: 3:40 pm
sir
is it better enter ce after
crossing 5150 or earlier,
as apossitionat trader
namasteji
CB Says:
May 24th, 2012
Posted at: 3:41 pm
Hi profit, its safer to enter above 5150. as of now on rise can look to short
profit Says:
May 24th, 2012
Posted at: 3:42 pm
sir
is it enter ce after
crossing 5150 or earlier,
as a possitional trader..
namasteji
profit Says:
May 24th, 2012
Posted at: 3:43 pm
sir
thank you sir.

namasteji