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

Posted on: May 5th, 2010 at 8:23 am

Markets likely to see a gap down opening. Nifty has support near 5030 and resistance at 5160

If markets show recovery later during the day, buy: Nagarjuna Construction above 182 and Shree Renuka sugars above 56

2.56pm – btst – buy Religare enterprises at 422, target: 434. Stoploss: 411 (trade in small quantity)

3.24pm – Book profits in Shree Renuka sugars at 58.40

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711 Responses

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  1. jame Says:
    May 5th, 2010
    Posted at: 8:25 am

    Thanks a lot Cb


  2. CB Says:
    May 5th, 2010
    Posted at: 8:26 am

    Hi jame, most welcome.


  3. Kb Says:
    May 5th, 2010
    Posted at: 8:27 am

    TweezerTop - bearish candlestick...

    EMAMILTD

    JINDALSWHL

    MAHINDFORG


  4. Kb Says:
    May 5th, 2010
    Posted at: 8:29 am

    Cbee.. my mesg doesn't appear here. ..


  5. CB Says:
    May 5th, 2010
    Posted at: 8:31 am

    Hi Kb, should appear now. was in the spam folder. not sure why. can you please use a diff email id when posting comments?


  6. Sri Says:
    May 5th, 2010
    Posted at: 8:31 am

    HI CB

    If you see market settling down at 5000, then Indiabulls Finance will go somewhere near 130 i believe, if thats the case i will loose big money, i have brought it in Margin Money so i cant hold it for days.


  7. Kb Says:
    May 5th, 2010
    Posted at: 8:32 am

    TweezerTop - bearish candlestick...

    EMAMILTD, JINDALSWHL,MAHINDFORG. .

    Short with stoploss at top. ..


  8. me Says:
    May 5th, 2010
    Posted at: 8:33 am

    i have bought 95 bharti @320, what to do now hold or sell

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