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. Rameshb Says:
    May 24th, 2012
    Posted at: 4:47 pm

    Hi STREET DON, THANKS FOR THE CALLS. ENTERED A NIFTY SHORT AT 1.00 PM COSTED ME TOO MUCH.


  2. Sohan Says:
    May 24th, 2012
    Posted at: 4:48 pm

    Hi STREET DON, Thanks, Wipro was a good timely call.

    Sohan


  3. STREET DON Says:
    May 24th, 2012
    Posted at: 4:49 pm

    Hi Sohan, Thanks, hope you gain profit..:)


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

    Hi CB, sir, huge loss in puts.can we see 4850 again and what is the reason for today rise.is petrol prices hike good news for market?plz advice


  5. profit Says:
    May 24th, 2012
    Posted at: 4:51 pm

    HI STREET DON,
    PLEASE TRY YOUR BEST TO.
    CO OPERATING US, GETTING SOME
    PROFIT AS WELL AS YOU EARN EXPIREANCE.

    THANKS


  6. saiPalanivel Says:
    May 24th, 2012
    Posted at: 4:53 pm

    HI CB SIR,NIFTY 4700 PE HOLD ON 38.00 LEVEL. CMP AT 9.00 ITS A HUGE LOSS FACING. CAN YOU HOLD CONTINUE CAN RECOVER MY LOSS.YOUR ADVICE PLEASE.


  7. :: money :: Says:
    May 24th, 2012
    Posted at: 5:02 pm

    hi CB
    entered Titan at 227 . . .
    chances of making profits Tomorrow ??
    or should we sell and short it instead ??
    :) f


  8. Shereef Says:
    May 24th, 2012
    Posted at: 5:06 pm

    Hi CB,

    Good Evening....

    Was it just a short-covering rally or will it sustain tomorrow (NIFTY) to break 4950 ?


  9. CB Says:
    May 24th, 2012
    Posted at: 5:07 pm

    Hi SBR, yes, did see short covering today. as of now seems may open a bit flat tomorrow. selling pressure is likely to resume on rise.
    hold for now

    Hi saiPalanivel, we will need to exit it on dips we near expiry. possible nifty sees selling pressure again from 4950 levels again.

    Hi :: money ::, 232-233


  10. subodh Says:
    May 24th, 2012
    Posted at: 5:08 pm

    Hi STREET DON, Thanks Don...Made profit in Infy call.....Thanks a lot...Can u please tell me more about technical analysis,how can i learn technical analysis


  11. CB Says:
    May 24th, 2012
    Posted at: 5:09 pm

    Hi Shereef, Good evening. yes, seems like short covering in large cap stocks. not really sure if will be able to cross 4950


  12. STREET DON Says:
    May 24th, 2012
    Posted at: 5:11 pm

    Hi imran khan, Thanks, but be cautious always because nobody can predict market 100% correctly..

    Hi Rameshb, Thanks buddy..


  13. ginkle Says:
    May 24th, 2012
    Posted at: 5:13 pm

    Hi CB, still holding tata steel pe 2morrow will it go down or should i book loss?


  14. STREET DON Says:
    May 24th, 2012
    Posted at: 5:29 pm

    Hi subodh, Nice to hear that you made profit.. It will take time to know chart and market... take some information or link from CB..


  15. Cerulean Says:
    May 24th, 2012
    Posted at: 5:32 pm

    Hi CB, Hi SM,
    NE calls to trade silver or base metals pl?


  16. CB Says:
    May 24th, 2012
    Posted at: 5:43 pm

    Hi ginkle, hold with sl at 404. likely to see some selling pressure from here

    Hi Cerulean, no, not really sure.

    Hi subodh,, can download an ebook from here: http://www.mediafire.com/?2paeoqo6u6hsj4t

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