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. rashid Says:
    May 3rd, 2010
    Posted at: 9:08 am

    can i short or buy nifty


  2. jame Says:
    May 3rd, 2010
    Posted at: 9:08 am

    Thnx a lot.Can we enter Ashok leyland now or shall wait for it to come down?


  3. CB Says:
    May 3rd, 2010
    Posted at: 9:08 am

    Hi rashid, no, as of now no call on nifty


  4. maddy Says:
    May 3rd, 2010
    Posted at: 9:08 am

    Hi CB,
    IPO - JAYPEE INFRATECH LIMITED - is it a good option to buy, what is the prospect


  5. Don Says:
    May 3rd, 2010
    Posted at: 9:09 am

    Pleae advice on aban - now at 1190


  6. CB Says:
    May 3rd, 2010
    Posted at: 9:09 am

    Hi Anurag, around 5200 is strong support. may hold onto it today

    Hi jame, most welcome. one can enter in small quantity for now

    Hi anit, in small quantity


  7. sandeep Says:
    May 3rd, 2010
    Posted at: 9:09 am

    cb...........wats ur view on TECH MAHINDRA? Im holding 15 shares of it @775 and its not moving inspite of posting good results. wat should i do? should i hold them or sell?
    plz suggest.


  8. CB Says:
    May 3rd, 2010
    Posted at: 9:10 am

    Hi maddy, no, dont go for it

    Hi Don, enter it lower around 1150


  9. Shads Says:
    May 3rd, 2010
    Posted at: 9:11 am

    Hi CB,

    Target for hindalco and LITL for today pls


  10. CB Says:
    May 3rd, 2010
    Posted at: 9:11 am

    Hi sandeep, its looking a bit weak after the stake sale from ATT. hold it for some time. will recover in coming days.


  11. M@ddy Says:
    May 3rd, 2010
    Posted at: 9:11 am

    HI CB, what is the target for techtran poly tecpo for today?


  12. preeti Says:
    May 3rd, 2010
    Posted at: 9:12 am

    Hi CB, gudmornin..shld i exit lichousing at 958 as mkt may go down??


  13. jame Says:
    May 3rd, 2010
    Posted at: 9:12 am

    Thnx a lot CB.


  14. trader_m Says:
    May 3rd, 2010
    Posted at: 9:12 am

    Hi CB Good morning.. can you advice me about ICICI and Axis today..


  15. CB Says:
    May 3rd, 2010
    Posted at: 9:13 am

    Hi Shads, litl can see 65. not sure of hindalco

    Hi M@ddy, no, not sure about it

    Hi jame, most welcome

    Hi trader_m, they are likely to remain a bit flat today.


  16. Geetha Says:
    May 3rd, 2010
    Posted at: 9:13 am

    Can i buy ashok leyland/hcl tech/aptech @cmp

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