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. ansh Says:
    May 3rd, 2010
    Posted at: 8:34 am

    HI CB
    please give me target for GESHIP, PUNJLLYOD, INDIAN HOTELS.today i have to sell it.


  2. CB Says:
    May 3rd, 2010
    Posted at: 8:34 am

    Hi jame, has strong support near 410. if holds onto it, one can enter it.


  3. CB Says:
    May 3rd, 2010
    Posted at: 8:35 am

    Hi nisha, it can add 2-3%. also its results today

    Hi ansh, they may remain a bit flat today


  4. sk Says:
    May 3rd, 2010
    Posted at: 8:43 am

    hi cb...wat target can v expect for ashok leyland....cmp of ashok leyland is 60.05


  5. CB Says:
    May 3rd, 2010
    Posted at: 8:44 am

    Hi sk, around 62.


  6. CB Says:
    May 3rd, 2010
    Posted at: 8:44 am

    Hi Test, rnrl is a risky bet. could move on either side. hold unitech for short term. suzlon can be exited at opening.


  7. Nir Says:
    May 3rd, 2010
    Posted at: 8:45 am

    Hi CB,

    I have bought 10 shares of Reliance Industries @ 1025.55 and just heard that a case is pending against it which can trigger it southwards... Do you suggest selling it..


  8. sk Says:
    May 3rd, 2010
    Posted at: 8:45 am

    hi cb...can i enter infomedia 18, and gulf oil corp. for medium term....wat is your view on these


  9. CB Says:
    May 3rd, 2010
    Posted at: 8:48 am

    Hi Nir, it depends. if rnrl wins the case then it can come down a bit. but fundamentally its strong. continue to hold it for short term

    Hi sk, no, not yet. wait for some time.


  10. venkat Says:
    May 3rd, 2010
    Posted at: 8:48 am

    GOOD MORNING CB ANY NEWS ABOUT NAKODA TEXTILES


  11. ilan Says:
    May 3rd, 2010
    Posted at: 8:49 am

    HI CB
    Gud Morning
    I am holding varunship at 51.30 , sreinfra at 91 , optocircuit at 242
    what to do


  12. CB Says:
    May 3rd, 2010
    Posted at: 8:50 am

    Hi venkat, Good morning.no, not sure of any news on it. technically looks good for short term

    Hi ilan, they are a hold for short term. will recover back.


  13. nipul Says:
    May 3rd, 2010
    Posted at: 8:51 am

    hi cb how r u


  14. CB Says:
    May 3rd, 2010
    Posted at: 8:51 am

    Hi nipul, Good morning. m doing good.hope you good too.


  15. chandu Says:
    May 3rd, 2010
    Posted at: 8:52 am

    good morning cb & all


  16. Test Says:
    May 3rd, 2010
    Posted at: 8:52 am

    boss..exit at opening if it call at loss also need to exit in suzlon or wait mkt improve?

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