Quotes with Resistance & Support
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Intraday calls for 04-05-10

Posted on: May 4th, 2010 at 8:22 am

Markets likely to see a flat opening. Support for nifty is at 5200 and resistance at 5320.

Buy Hyderabad Industries Ltd at 667.70, target: 684. Stoploss: 658

10.11am – Book profits in btst call SRF at 232.80

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660 Responses

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  1. Deepak7791 Says:
    May 4th, 2010
    Posted at: 2:20 pm

    But that time SBi would be near 2250 levels down 60 rs from my levels:(


  2. Kb Says:
    May 4th, 2010
    Posted at: 2:21 pm

    Hi CB,

    Cbeee. .. will it break 5150/60 ???


  3. kutti Says:
    May 4th, 2010
    Posted at: 2:22 pm

    hi swapnil all sugar stocks till nifty 5064


  4. sriram Says:
    May 4th, 2010
    Posted at: 2:22 pm

    biocon @ 300 and unitech @ 79…can i hold them for short term??


  5. Krishna Says:
    May 4th, 2010
    Posted at: 2:22 pm

    CB...can I buy RNRL 80CA for this month?currently at 2.6


  6. Lata Says:
    May 4th, 2010
    Posted at: 2:22 pm

    thanks chirag, if i hold for another 2-3 days, will it bounce back... for that i will have to sell my irb - it touched 299.30 today, wht target can we see tomm...


  7. CB Says:
    May 4th, 2010
    Posted at: 2:23 pm

    Hi Shads, its likely to be next week now. yes, hold it. markets are behaving in such a way. hold stocks for a little longer. they will do well

    Hi Akash, continue to hold it for 2-3 days.

    Hi sakhi, one can enter it in small quantity.. looks good.

    Hi Mahesh, yes, continue to hold it for some time.

    Hi swapnil, balrampur can be bought in small quantity

    Hi kutti, yes.


  8. Kb Says:
    May 4th, 2010
    Posted at: 2:23 pm

    Hi CB,

    Cb, even it gets support from 5150... more possibility is to break that after a bounce ?? what u think ??


  9. dr krishna Says:
    May 4th, 2010
    Posted at: 2:24 pm

    ur take on venus remedies. purchased 1 yr. back @ 540. wat to do


  10. Akash Says:
    May 4th, 2010
    Posted at: 2:24 pm

    Hi CB, Ok. What target I can expect now. I already missed to sell it twice above 160 :(

    Will it see 170 in 2-3 days?


  11. RK Says:
    May 4th, 2010
    Posted at: 2:24 pm

    Hi CB,
    I was short on Nifty at 5300. At what levels can i book profits ? Can we see 5000 by expiry ?


  12. jame Says:
    May 4th, 2010
    Posted at: 2:24 pm

    DLF stock is down can i go for BTST now with a target of 310?


  13. CB Says:
    May 4th, 2010
    Posted at: 2:25 pm

    Hi Deepak7791, yes, will need to hold it a little longer.

    Hi Kb, seems so

    Hi sriram, yes, hold them for some time.

    Hi Krishna, no, not yet

    Hi Lata, irb can see 300 in 1-2 days.


  14. Arun Karthik Says:
    May 4th, 2010
    Posted at: 2:26 pm

    Hi CB/Kartik,

    Really good that you warned me yesterday that the markets may go down today.. Yes, it did.. thanks buddy :)


  15. Lata Says:
    May 4th, 2010
    Posted at: 2:26 pm

    thanks chirag, if i hold for another 2-3 days, will sterlite ind bounce back…


  16. CB Says:
    May 4th, 2010
    Posted at: 2:28 pm

    Hi Kb, yes.its likely

    Hi dr krishna, its facing strong resistance near 295.above this will do well. for now would advice to continue to hold onto it

    Hi Akash, yes, can bounce back in couple of days

    Hi RK, book around 5170 for now. one can short again below 5150

    Hi jame, no, not yet

    Hi Arun Karthik, always welcome..

    Hi Lata, yes. some bounce is likely

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