Intraday calls for 24-05-16

Quotes with Resistance & Support

Market Information

Intraday calls for 24-05-16

Posted on: May 24th, 2016 at 8:32 am

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Markets likely to open flat. Support for Nifty is at 7700 and resistance at 7820. Bank Nifty has support at 16150 and resistance at 16550.

Sell Apollo Tyres below 149, target: 144. Stoploss: 152.50 – (Exit from Apollo Tyres at 147.80)

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112 Responses

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nisheeth Says:
May 24th, 2016
Posted at: 9:13 am
Hi Sir,how infratel looks ?
van Says:
May 24th, 2016
Posted at: 9:35 am
goodmorning cb, i m in holding of BIOCON @ 470..... is it right time to book profit or i shall wait for more upside moves? if yes pl suggest the target....
somashekar Says:
May 24th, 2016
Posted at: 9:44 am
Gm sir
yesterday TPL buy@510 100qty i need ur suggestions
harry Says:
May 24th, 2016
Posted at: 9:53 am
Hi cb sir what opnion on pnb
samir Says:
May 24th, 2016
Posted at: 10:00 am
gm sir
cash intraday bought tata motors @ 389.40 and axis bank @ 488.35 sl and target pls
anbu Says:
May 24th, 2016
Posted at: 10:13 am
Dear CB, gm, any suggestions on Airtel for may expiry?. Is it good to hold (a future lot@352)?
CB Says:
May 24th, 2016
Posted at: 10:18 am
Hi anbu, Good morning. its near strong support of 340. hold for now
Hi samir, tata motors can test 393. sl near 386. axis can test 491.
Hi harry, its looking weak. avoid for now
Hi somashekar, its a hold for few days. can test 525-530
AJ Says:
May 24th, 2016
Posted at: 10:19 am
Entered YES BK @ 976, possible intraday target pls
CB Says:
May 24th, 2016
Posted at: 10:19 am
Hi van, yes, book 50% profit for now. can hold rest for short term
Hi nisheeth, its facing resistance at 395. above this can move higher.
Hi PKP, most welcome
CB Says:
May 24th, 2016
Posted at: 10:19 am
Hi AJ, can test 985
AJ Says:
May 24th, 2016
Posted at: 10:21 am
Almost @ 985, exit now?
CB Says:
May 24th, 2016
Posted at: 10:21 am
Hi AJ, yes, markets are volatile.
Prabhu Says:
May 24th, 2016
Posted at: 10:28 am
I am holding HDFCbank May 1160CE and its in loss. Shld i wait 2 days more or can i book the loss?
CB Says:
May 24th, 2016
Posted at: 10:28 am
Hi Prabhu, its a hold for now. keep sl near 1130 (spot)
kumar Says:
May 24th, 2016
Posted at: 10:30 am
hi,
what is ur view on VRL with 20% drop? is it a buy for short term?
CB Says:
May 24th, 2016
Posted at: 10:31 am
Hi kumar, not yet. can fall further.