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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Comment pages: 252627282930313233Show all

  1. pradip Says:
    May 4th, 2010
    Posted at: 2:29 pm

    hi cb
    is it sensible to buy niftyfutures at current levels?


  2. Shads Says:
    May 4th, 2010
    Posted at: 2:29 pm

    HYD IND.. SHALL I HOLD IT?


  3. manmin Says:
    May 4th, 2010
    Posted at: 2:29 pm

    hi cb ultimate support for nifty?


  4. Mahesh Says:
    May 4th, 2010
    Posted at: 2:29 pm

    Fine CB... what should be my exit price for Indian hotels??


  5. skmishra Says:
    May 4th, 2010
    Posted at: 2:29 pm

    Sir,
    I would request a reply to verify if i am correct.I think a small bounce in nifty, can we carry a small long! The fall does not seem to be that fast, may be a bounce back before 5150 -


  6. Reddy Says:
    May 4th, 2010
    Posted at: 2:30 pm

    I bought Renuka@61 today and now it is 59… I can’t hold it longer, can it rise to 62 in a week or do I book loss? What is your view on it?


  7. CB Says:
    May 4th, 2010
    Posted at: 2:31 pm

    Hi pradip, no, not yet. lets wait for some time.

    Hi Shads, yes. hold it

    Hi manmin, 5150 is strong support.


  8. CB Says:
    May 4th, 2010
    Posted at: 2:32 pm

    Hi Mahesh, around 120 in short term

    Hi skmishra, global markets are still weak. would advice to wait for some more time before going long.

    Hi Reddy, yes, hold it for 3-4 days. will bounce back


  9. manmin Says:
    May 4th, 2010
    Posted at: 2:32 pm

    hi cb will nifty break 5150?


  10. Akash Says:
    May 4th, 2010
    Posted at: 2:32 pm

    Hi CB, Ok.How is HSBC Invest Direct at CMP. People are saying it is going to delist and the price will be 500-600 but in news it is saying the floor price will be 124/share only (CMP 375).


  11. Reddy Says:
    May 4th, 2010
    Posted at: 2:33 pm

    Thanks CB.


  12. CB Says:
    May 4th, 2010
    Posted at: 2:34 pm

    Hi manmin, seems to be so.

    Hi Akash, no, not sure about this one

    Hi Reddy, most welcome.


  13. CB Says:
    May 4th, 2010
    Posted at: 2:35 pm

    Hi Mahesh, yes, lets hope for the best..vijaya bank may continue its upmove after some consolidation. hold it for short term.


  14. Ashok Says:
    May 4th, 2010
    Posted at: 2:35 pm

    Hi CB

    I have rnrl 1300 brought at 72.5 ,what should i do


  15. sr Says:
    May 4th, 2010
    Posted at: 2:36 pm

    CB, hw abt ICICI? I had bot 1 lot of fut @ 953. Now, I saw it has broken support @ 925. Now, what to do? Book losses without delay n short further?


  16. CB Says:
    May 4th, 2010
    Posted at: 2:36 pm

    Hi preeti, if in profits book some for now. others are a hold.

    Hi Ashok, hold it for short term. can see 76

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