Quotes with Resistance & Support
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Intraday calls for 03-05-10

Posted on: May 3rd, 2010 at 8:20 am

Markets likely to open slightly lower. Support for nifty is at 5200 and resistance at 5320.

If markets show recovery later during the day, buy: Ashok Leyland Ltd and HCL Technologies Ltd

3.06pm – btst – buy srf at 224.30, target: 231. Stoploss: 219 – trade in small quantities.

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615 Responses

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  1. Girish Says:
    May 3rd, 2010
    Posted at: 8:24 am

    At what level to enter in Ashol Leyland


  2. CB Says:
    May 3rd, 2010
    Posted at: 8:25 am

    Hi Girish, around 58-59


  3. jame Says:
    May 3rd, 2010
    Posted at: 8:25 am

    Yep at what level to enter HCL and ashok leyland and when to exit?


  4. Sri Says:
    May 3rd, 2010
    Posted at: 8:28 am

    Hi CB

    Shall i exit Rel cap at the opening and buy it back after 10rs Down from my selling price, please advice


  5. CB Says:
    May 3rd, 2010
    Posted at: 8:29 am

    Hi jame, ashok can be bought around 58 levels. hcl around 390. they are likely to do well if markets recover a bit

    Hi Sri, not yet. has strong support at 730-732.


  6. Pathy Says:
    May 3rd, 2010
    Posted at: 8:30 am

    Hi cb,have a good day


  7. CB Says:
    May 3rd, 2010
    Posted at: 8:32 am

    Hi Pathy, you too. Happy trading.


  8. jame Says:
    May 3rd, 2010
    Posted at: 8:32 am

    How about Religare if we enter at current level with a intraday target of 425?


  9. nisha Says:
    May 3rd, 2010
    Posted at: 8:33 am

    what about idea today?? do i exit i have bought @ 69??

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