Quotes with Resistance & Support
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Intraday calls for 02-05-11

Posted on: May 2nd, 2011 at 8:31 am

Markets likely to open a bit higher. Nifty has support at 5740.

Buy Timken India Ltd at 220.90, target: 229. Stoploss: 214

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619 Responses

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  1. usefor Says:
    May 2nd, 2011
    Posted at: 8:31 am

    Reliance MAy Futures bought at 1001...what to do?


  2. CB Says:
    May 2nd, 2011
    Posted at: 8:33 am

    Hi usefor, it has strong support at 970. hold it. can head back to 1000-1010


  3. Subhag Ghosh Says:
    May 2nd, 2011
    Posted at: 8:35 am

    Osama Bin Laden is dead, positive sentiment for market.


  4. usefor Says:
    May 2nd, 2011
    Posted at: 8:35 am

    Thanks CB... Can I enter DLF?


  5. ramesh Says:
    May 2nd, 2011
    Posted at: 8:36 am

    please let me know any stock that can give 5 % returns. I can hold the stock for 1 week. please let me know.


  6. tejas gupta Says:
    May 2nd, 2011
    Posted at: 8:36 am

    Hi CB, good morning sir, i guess market may trade flat, and resistance is near 5780-1790


  7. CB Says:
    May 2nd, 2011
    Posted at: 8:37 am

    Hi Subhag Ghosh, really?

    Hi usefor, not yet. looks a bit weak.


  8. Akash Says:
    May 2nd, 2011
    Posted at: 8:38 am

    Hi CB, GM. Shud I sell 4600 PE and buy some CE call for May expiry which can give 20-25 times return? Which one I can buy? I have very less amount to invest.... Pls advise.


  9. usefor Says:
    May 2nd, 2011
    Posted at: 8:39 am

    OSama's death is good for mkt sentiment?


  10. CB Says:
    May 2nd, 2011
    Posted at: 8:39 am

    Hi ramesh, go with timken or Arvind if holds onto 73 levels after opening

    Hi tejas gupta, Good morning. yes. could test 5780 it seems.


  11. ramesh Says:
    May 2nd, 2011
    Posted at: 8:40 am

    i am holding hindalco stock. bought at 223. what to do now?


  12. Avinash Says:
    May 2nd, 2011
    Posted at: 8:40 am

    Hi CB,

    A dumb question prob...but for intraday with 80k limit which is the best bet to make arnd 1k profit in your opinion?
    i'm sorry i'm overwhelmed and sorta confused with all the info today...that sort of a day i guess....lol.
    Thanks

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