Quotes with Resistance & Support
Market Information

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. abc Says:
    May 4th, 2010
    Posted at: 3:09 pm

    Hi CB,

    Any stocks to buy now since markets are down or shall I wait


  2. CB Says:
    May 4th, 2010
    Posted at: 3:09 pm

    Hi Kb, thanks

    Hi suzane, if possible hold them both for 1-2 days. will do well

    Hi Shanthi, if trades below 5150 for some time.


  3. sr Says:
    May 4th, 2010
    Posted at: 3:09 pm

    Can I short JSW steel?


  4. Prakash Says:
    May 4th, 2010
    Posted at: 3:09 pm

    If the NIFTY closes below the technical 5180 level today, could it crash to 5000 and below in the coming days?


  5. Gopal Says:
    May 4th, 2010
    Posted at: 3:09 pm

    CB sir

    could you advice plz will sasken bounce in 2 or 3 days and 1 week target plz


  6. LP Says:
    May 4th, 2010
    Posted at: 3:09 pm

    Hi CB,

    whats the next downside target of nifty


  7. neer Says:
    May 4th, 2010
    Posted at: 3:09 pm

    cb sir can i average jindal saw bought at 222 at 206 now pls tell


  8. Shanthi Says:
    May 4th, 2010
    Posted at: 3:10 pm

    Hi CB, yes thanks


  9. aman Says:
    May 4th, 2010
    Posted at: 3:11 pm

    hey cb throw some light on balrampur sugar pls at this price ...came down 5% today


  10. CB Says:
    May 4th, 2010
    Posted at: 3:11 pm

    Hi abc, no, not yet

    Hi sr, not yet

    Hi Prakash, yes

    Hi Shads, yes. i agree on that point

    Hi Gopal, can see 220

    Hi LP, a close below 5150 can take us lower to 5050-5080

    Hi neer, no, dont avg stocks yet


  11. bhuvana Says:
    May 4th, 2010
    Posted at: 3:12 pm

    any late call 'cb' plz


  12. pradip Says:
    May 4th, 2010
    Posted at: 3:12 pm

    HI CB
    AT WHAT PRICE OF UNITECH , SHOULD WE TAKE PUT OF UNITECH??


  13. CB Says:
    May 4th, 2010
    Posted at: 3:13 pm

    Hi Shanthi, most welcome

    Hi aman, yes, sugar stocks are seeing some selling pressure. technically look weak and have come down quite a bit. can see a bounce anytime soon

    Hi bhuvana, no, markets looking a bit weak.


  14. CB Says:
    May 4th, 2010
    Posted at: 3:13 pm

    Hi pradip, has good support near 78-79


  15. rami Says:
    May 4th, 2010
    Posted at: 3:14 pm

    if dow closes 100 points in negative tonight then nifty will go down further as of now dow future does not look like it


  16. Kb Says:
    May 4th, 2010
    Posted at: 3:14 pm

    Wall St futures lower; earnings, data eyed ( Reuters)

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