Quotes with Resistance & Support
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Intraday calls for 05-05-09

Posted on: May 5th, 2009 at 9:27 am

Buy Larsen & Tubro above 960, target: 980. Stoploss: 952
Buy Lanco Infratech above 250, target: 260. Stoploss: 247

If markets show weakness later during the day, Short Sell: Reliance capital

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250 Responses

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Comment pages: 8910111213141516Show all

  1. CB Says:
    May 5th, 2009
    Posted at: 1:25 pm

    Hi Deepak, most welcome..

    Hi SAND, not sure..its already run up a lot


  2. samyak Says:
    May 5th, 2009
    Posted at: 1:27 pm

    CB, generally what is you're exit strategy during intraday when (if ) you're making a loss?

    I am not able to decide whether I should reduce the stop loss trigger or I shouldn't touch it. I have had losses by doing both.


  3. SAND Says:
    May 5th, 2009
    Posted at: 1:28 pm

    ok sir.. can i short relcap now??


  4. Divyesh Says:
    May 5th, 2009
    Posted at: 1:28 pm

    Hi Cb how you see the market at closing it should be +tive or -tive


  5. Raj Says:
    May 5th, 2009
    Posted at: 1:29 pm

    Hi CB, If euro opens in RED we may see some more downside? should i exit from suzlon & Praj seeing the euro opning ?


  6. CB Says:
    May 5th, 2009
    Posted at: 1:30 pm

    Hi samyak, keep a sl at support levels.. either stock support levels or Nifty

    Hi SAND, no..markets are moving higher

    Hi Divyesh, as of now not sure..its done nothing much all day


  7. Ankita Says:
    May 5th, 2009
    Posted at: 1:30 pm

    Hi,

    I bought 50 shares of l&t at 600. Should i book profit now and buy them again later? do you think it will fall or keep rising? time span i m talking here is 3 months.


  8. CB Says:
    May 5th, 2009
    Posted at: 1:31 pm

    Hi Raj, as of now hold it..keep a trailing sl at 69.50


  9. Lucky Says:
    May 5th, 2009
    Posted at: 1:31 pm

    Hi CB,

    U hae GVK Power @29.45 , [email protected] and GTL Ingra @ 31.15..Any suggestion on it for his week or tody. Thanks


  10. samyak Says:
    May 5th, 2009
    Posted at: 1:31 pm

    Nifty support level is easy to know because it's available on various sites. But what about the stock support level. How can I get the support level for a given stock on a given day?


  11. CB Says:
    May 5th, 2009
    Posted at: 1:31 pm

    Hi Ankita, hold it for some more time.. markets may move higher in short term.. keep a trailing stoploss at 930


  12. CB Says:
    May 5th, 2009
    Posted at: 1:32 pm

    Hi Lucky, hold them for some more time. GVK above 30 can touch 35

    Hi samyak, Usually days low or days highs are support/resistance levels for intraday..


  13. Ankita Says:
    May 5th, 2009
    Posted at: 1:33 pm

    sorry i posted in wrong section. will put this again in right place.


  14. samyak Says:
    May 5th, 2009
    Posted at: 1:33 pm

    Ok. Thanks CB.


  15. Ankita Says:
    May 5th, 2009
    Posted at: 1:35 pm

    Hey thanks


  16. CB Says:
    May 5th, 2009
    Posted at: 1:35 pm

    Hi Ankita, thats fine.. no issues..

    Hi samyak, most welcome

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