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. varun soni Says:
    May 5th, 2010
    Posted at: 10:27 am

    hey cb...can i buy a 5100 call?


  2. uday Says:
    May 5th, 2010
    Posted at: 10:28 am

    cb..............can we buy TATA POWER or buy 1400 CALL of it for current series at current price as its trading just below its 200 DMA? can we see some bounce back from this level?


  3. CB Says:
    May 5th, 2010
    Posted at: 10:28 am

    Hi varun soni, yes.


  4. rashid Says:
    May 5th, 2010
    Posted at: 10:28 am

    for 2 days no internet,,,,,now only looking,,,,,,market condition totally changed,,,,can i go with nifty fut


  5. Anurag Says:
    May 5th, 2010
    Posted at: 10:29 am

    HI CB... any predictions for Europe FTSE etc


  6. manmin Says:
    May 5th, 2010
    Posted at: 10:29 am

    hi cb whats the good level to go short on 3i infotech for intraday trading ?


  7. CB Says:
    May 5th, 2010
    Posted at: 10:30 am

    Hi uday, no, not yet. looks weak

    Hi rashid, yes. go with mini nifty.

    Hi Anurag, no.not sure.


  8. Suresh M Says:
    May 5th, 2010
    Posted at: 10:30 am

    hi cb,here everyone speaking of 1lot..what it actually means?


  9. CB Says:
    May 5th, 2010
    Posted at: 10:31 am

    Hi manmin, not sure for today..


  10. sridhar Says:
    May 5th, 2010
    Posted at: 10:31 am

    i shorted ucobank [email protected] going up.pls suggest stoploss


  11. CB Says:
    May 5th, 2010
    Posted at: 10:32 am

    Hi Suresh M, its trading in futures segment.


  12. skmishra Says:
    May 5th, 2010
    Posted at: 10:32 am

    Hi,
    I also have my views that nifty may bounce to 5100+/- before another tanking. Good buy area after that may be 5000+/-.


  13. CB Says:
    May 5th, 2010
    Posted at: 10:33 am

    Hi sridhar, banks are seeing some buying interest today. has strong resistance at 72.. for now hold it

    Hi skmishra, yes. maybe sees a small bounce..


  14. rashid Says:
    May 5th, 2010
    Posted at: 10:33 am

    whats stoploss for nifty fut


  15. RAJESH Says:
    May 5th, 2010
    Posted at: 10:33 am

    Hi
    CB
    me bhut hi muskil me hu ky app meri hepl karege mene TEXMOPIPE @140 me 100 liye ab vo 59 rs he kya mere rate ayege ki nahi me kya karu ?
    pl help meeeeeeeeeeeeeee


  16. Mukherjee Says:
    May 5th, 2010
    Posted at: 10:34 am

    hi cb, can we go for 5200 call now?

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