Quotes with Resistance & Support
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Intraday calls for 25-05-12

Posted on: May 25th, 2012 at 8:26 am

Markets likely to open flat. Resistance for nifty is at 4950.

Buy Emami ltd at 475-478, target: 490. Stoploss: 468

12.50pm – buy 4900 ce at 63, target: 80. Stoploss: 4880 (spot)

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587 Responses

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  1. Kartik Says:
    May 27th, 2012
    Posted at: 8:00 pm

    Hi REEF, avoid buying in bulk, enter only 1 with a tight SL at 4890

    Hi Sohan, track directly on bseindia.com, can see around 234 tomorrow

    Hi Rise, Navin Fluorine can be entered with a SL at 398, avoid Oriental bank for now


  2. REEF Says:
    May 27th, 2012
    Posted at: 8:52 pm

    Ok Thanks Kartik


  3. ashok Says:
    May 27th, 2012
    Posted at: 9:03 pm

    Hi karthik,
    tomorrow can i sell reliance at opening?


  4. CB Says:
    May 27th, 2012
    Posted at: 9:20 pm

    Hi REEF, most welcome

    Hi ashok, Yes, can be shorted for a target of 682 with a sl at 695


  5. sbr Says:
    May 27th, 2012
    Posted at: 10:31 pm

    Hi CB, can i short nifty futures tomorr morning and target please


  6. sbr Says:
    May 27th, 2012
    Posted at: 10:34 pm

    dow market ended in red on friday.any chance for 4800 in may?


  7. vishal Says:
    May 27th, 2012
    Posted at: 10:35 pm

    hi, how will the markets open tomorrow morning? thanks in advance.


  8. Sohan Says:
    May 28th, 2012
    Posted at: 2:21 am

    Hello CB / Kartik,

    Thanks very much.

    Good Night.

    Sohan


  9. Kartik Says:
    May 28th, 2012
    Posted at: 7:22 am

    Hi Sohan, most welcome

    Hi vishal, seems may open flat for now

    Hi sbr, a short can be entered on nifty if it breaks 4890

    Hi sbr, support at 4890 if broken can see lower levels ahead


  10. ashok Says:
    May 28th, 2012
    Posted at: 7:47 am

    Hi cb,
    shall i buy wheels india at opening?


  11. CB Says:
    May 28th, 2012
    Posted at: 8:33 am

    Hi ashok, no, not sure of entering it now. rallied quite a bit.


  12. ashok Says:
    May 28th, 2012
    Posted at: 8:40 am

    Hi cb,
    shall i buy electrotherm india at opening? Any good news about that?


  13. CB Says:
    May 28th, 2012
    Posted at: 8:41 am

    Hi ashok, no, not sure of any news on it. if trades above 50 for 10-15 min after opening, can add in small quantity


  14. gaps Says:
    May 28th, 2012
    Posted at: 8:47 am

    Hi CB, Can you please tell me the reasons for picking hindalco for today?


  15. CB Says:
    May 28th, 2012
    Posted at: 8:48 am

    Hi gaps, it did give a closing higher than last 7 sessions. also there is some positive news flow on it.

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