Quotes with Resistance & Support
Market Information

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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  1. samyak Says:
    May 5th, 2009
    Posted at: 9:40 am

    Good morning CB.

    What's the forecast for the market? Jittery? Gap up? Gap down? Flat?


  2. CB Says:
    May 5th, 2009
    Posted at: 9:41 am

    Hi harshad, Aban has some resistance at 428-435..above this it can touch 450

    Hi Rejivs, Good morning.. Unitech can touch 52 today and 56 in short term


  3. CB Says:
    May 5th, 2009
    Posted at: 9:41 am

    Hi samyak, Flat to positive opening I guess


  4. msz Says:
    May 5th, 2009
    Posted at: 9:42 am

    can we buy punj lloyd in today for intra day


  5. samyak Says:
    May 5th, 2009
    Posted at: 9:42 am

    Ok. I asked because yesterday there was a bad news from Eurozone with 4% shrink in the economy.


  6. Geetha Says:
    May 5th, 2009
    Posted at: 9:43 am

    How is JP Ass and Tata Motors for intra day trade.


  7. CB Says:
    May 5th, 2009
    Posted at: 9:44 am

    Hi msz, Yes, Punj lloyd could move up if markets open positive

    Hi samyak, that does not seem to effect Asian markets..so maybe a flat opening

    Hi Geetha, JP is facing resistance at 150-160 levels.. Tata motors can be bought


  8. raj Says:
    May 5th, 2009
    Posted at: 9:48 am

    700 point market up huya lakin omaxe up nahi huya cb why


  9. CB Says:
    May 5th, 2009
    Posted at: 9:50 am

    Hi raj, hold it for some more time..it has support at 53


  10. kartik Says:
    May 5th, 2009
    Posted at: 9:50 am

    cb................ADSL AND EDUCOMP?can we buy them


  11. sunny Says:
    May 5th, 2009
    Posted at: 9:51 am

    What you think of ICICI Bank - is it reached its peek price yet ?
    Any support/resistance level ?


  12. CB Says:
    May 5th, 2009
    Posted at: 9:51 am

    Hi kartik, no, not yet..they might see some more downside


  13. CB Says:
    May 5th, 2009
    Posted at: 9:52 am

    Hi sunny, it has resistance at 538-540.. above this it can touch 600


  14. Sujay Says:
    May 5th, 2009
    Posted at: 9:53 am

    Hi CB,

    Holding ICICI bought at 509 and Nifty futures sold at 3370...what do I do with them ?


  15. CB Says:
    May 5th, 2009
    Posted at: 9:53 am

    Hi Sujay, Exit Nifty futures on dip.. ICICI has some resistance at 540.above this it can touch 600. hold it with a trailing sl


  16. RUPESH Says:
    May 5th, 2009
    Posted at: 9:57 am

    G.M. WHAT ABOUT PTRONET LNG?

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