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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Comment pages: 1 2 345 6 7 8 9 Show all

dak Says:
May 24th, 2012
Posted at: 9:03 am
OK . Thanks CB.Just wanted to hedge my nifty futures long and hcltech call
STRANGER Says:
May 24th, 2012
Posted at: 9:03 am
kindly suggest todays r com N d jp target ....???
CB Says:
May 24th, 2012
Posted at: 9:04 am
Hi dak, ok. shall hedge these with couple of 4800 puts if nifty turns in the red again after opening. for now lets wait
Hi STRANGER, rcom can test 64.20. jp assoc if holds onto 60, can see 62
cvrprakash Says:
May 24th, 2012
Posted at: 9:05 am
Dear CB,
Lost quite some amount this month in CA/PA
Anything you suggest to try for recover some before this EXP.
Please suggest me if you have thing with good risk reward.
Thank you.
CB Says:
May 24th, 2012
Posted at: 9:06 am
Hi cvrprakash, as of now no call. markets are not really going anywhere. are volatile in a small range. need to wait for a breakout
Bhima Says:
May 24th, 2012
Posted at: 9:07 am
Dear cb gud mng....
I have IDFC calls shall i hold till europe open? or exit in the opening
CB Says:
May 24th, 2012
Posted at: 9:08 am
Hi Bhima, Good morning. it can test 122-123. hold it .
CB Says:
May 24th, 2012
Posted at: 9:09 am
Hi Akash, go with berger for now.
DS Says:
May 24th, 2012
Posted at: 9:09 am
Dear CB,
I have IOC at 274....how high can it go in the short term?

Warm Regards,
DS
CB Says:
May 24th, 2012
Posted at: 9:09 am
Hi DS, can add 15-18rs.
Bhima Says:
May 24th, 2012
Posted at: 9:10 am
Hi CB, TQ...Have a nice day...
CB Says:
May 24th, 2012
Posted at: 9:10 am
Hi Bhima, you too have a good day.
vickys Says:
May 24th, 2012
Posted at: 9:10 am
Hi CB , thx for the reply , Can i short with Titan for intraday and HDIL?
Thx
DS Says:
May 24th, 2012
Posted at: 9:11 am
Dear CB,
Idea is falling and you are advocating a sell on Bharti Airtel? Why is telecom going down?And as for shorting Bharti...should i do it in the June Futures?
Warm Regards,
DS
CB Says:
May 24th, 2012
Posted at: 9:11 am
Hi vickys, most welcome. not yet. both are near good support levels. titan can be short below 220
CB Says:
May 24th, 2012
Posted at: 9:14 am
Hi DS, yes, technically these stocks are going weak. can short it for a target of 268-270 in short term.