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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CB Says:
May 24th, 2012
Posted at: 9:22 am
Hi natasha singh, Good morning
Hi AJ, below 70 looks weak. its much lower near 60
Hi DS, most welcome. go with cash for now. does look weak. ioc can test 290 in coming days.
SaiPalanivel Says:
May 24th, 2012
Posted at: 9:23 am
CB SIR,THANKS. CAN YOU HOLD CONTINUE NIFTY 5000 CE? OR EXIT.
PRADIP Says:
May 24th, 2012
Posted at: 9:23 am
HI CB ,
AT WHAT LEVELS CAN WE SHORT TATASTEEL
?
CB Says:
May 24th, 2012
Posted at: 9:24 am
Hi SaiPalanivel, yes, hold for now. sl near 4810-4820
Hi PRADIP, can short at cmp.
Sush Says:
May 24th, 2012
Posted at: 9:24 am
Hi CB! GM Can I go for a 4800 PE?
Thnx
CB Says:
May 24th, 2012
Posted at: 9:24 am
Hi Sush, no, not yet.
natasha singh Says:
May 24th, 2012
Posted at: 9:25 am
So whats the market direction?
CB Says:
May 24th, 2012
Posted at: 9:25 am
Hi natasha singh, seems like a flattish session today too.
CB Says:
May 24th, 2012
Posted at: 9:26 am
Hi Akash, hold it.
CB Says:
May 24th, 2012
Posted at: 9:28 am
Hi Akash, will need to hold for 1-2 days. will bounce back
CB Says:
May 24th, 2012
Posted at: 9:29 am
ill be back in 30 min
Azad Says:
May 24th, 2012
Posted at: 9:30 am
Hi CB,
Howz reliance capital for Intraday?
GGG Says:
May 24th, 2012
Posted at: 9:30 am
HI CB HAVING 4900 CE AT 48 TEN LOTS...HOLD R EXIT...UR TARGET SIR
Nag Says:
May 24th, 2012
Posted at: 9:30 am
Hi CB..What is ur view on BHEL and LIC???
I am long...what could be the target n sl??
Please advice...
AJ Says:
May 24th, 2012
Posted at: 9:32 am
IND CEM @ 73 now..do u see it moving up to 75-76 or going down to 70 first?
sara Says:
May 24th, 2012
Posted at: 9:34 am
please advise Greenearth Resources and Projects Ltd. (AUSTRAL)