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. Devang Mehta Says:
    May 3rd, 2010
    Posted at: 11:54 am

    Hi, should i enter in maruti, Holding welspun gujarat, Pls suggest


  2. Jv Says:
    May 3rd, 2010
    Posted at: 11:56 am

    Thanks mahesh


  3. S.MAHESH Says:
    May 3rd, 2010
    Posted at: 11:56 am

    Hi Saugata,
    Hold it is facing resistance at 1920/1925 level , once it breaks that it will go up.


  4. sr Says:
    May 3rd, 2010
    Posted at: 11:57 am

    IS Ashok leyland still a hold?
    Shorted cairn on friday. Its zooming now :-(
    Any SL?


  5. dak Says:
    May 3rd, 2010
    Posted at: 11:58 am

    Hi S. Mahesh - how does yes bank look to you? Overbought? strong?


  6. sandeep Says:
    May 3rd, 2010
    Posted at: 11:58 am

    hi ah i have kalindee @134 wat to do shall i sell or wait ????


  7. Lata Says:
    May 3rd, 2010
    Posted at: 11:58 am

    Hi chirag, please do let me know regarding sterlite industries, i had bot it on 831.50 and now donw, shld i book loss and reenter it at 810-812...Thanks..


  8. Jv Says:
    May 3rd, 2010
    Posted at: 12:01 pm

    Hai gitanjali dont short ekc,it looks bullish may next 2 days


  9. swamy Says:
    May 3rd, 2010
    Posted at: 12:02 pm

    hi cb
    I m having 100 shares of Greatoffshore for rs 480.50 shall I hold? now it shows down trend what is emmediate target?


  10. S.MAHESH Says:
    May 3rd, 2010
    Posted at: 12:04 pm

    Hi dak,
    if in profit exit at 288 or 290 n wait for some times to reenter if u want


  11. Jv Says:
    May 3rd, 2010
    Posted at: 12:07 pm

    Hai preethi,i m fine


  12. Gitanjali Says:
    May 3rd, 2010
    Posted at: 12:10 pm

    Hi Jv, Thanks a lot...why is it moving higher each day , these past few days ...is there any positive news [regarding ekc ] pl?


  13. Sabu Says:
    May 3rd, 2010
    Posted at: 12:13 pm

    Hi S.MAHESH,

    Your views on winsome yarn ?


  14. Kartik Says:
    May 3rd, 2010
    Posted at: 12:14 pm

    Hi sr, hold Ashok for some more time, hold cairn with a Sl at 325

    Hi dak, it looks strong, above 280, it can see 300 in the Short run

    Hi sandeep, hold it for some more time

    Hi swamy, it can see 520 in 2-3 months time, hold it

    Hi Gitanjali, EKC faced strong resistance at 130, you may go short on it below 128, with a Sl at 132

    Hi Lata, hold it for Short term, it can do well


  15. Kartik Says:
    May 3rd, 2010
    Posted at: 12:14 pm

    Hi Sabu, its a weak bet fundamentally, dont enter it for mid term yet


  16. sourabh Says:
    May 3rd, 2010
    Posted at: 12:17 pm

    bought IB Real @176.5... What is the target of 1-2 Days

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