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. CB Says:
    May 5th, 2010
    Posted at: 3:22 pm

    Hi Ram M, no, as of now none..


  2. CB Says:
    May 5th, 2010
    Posted at: 3:23 pm

    Hi manmin, yes


  3. Ravi Says:
    May 5th, 2010
    Posted at: 3:24 pm

    Thanks CB, Also I hace andhra bank 140 call at 5.40. Should I book profit or hold for tomorrow


  4. manmin Says:
    May 5th, 2010
    Posted at: 3:25 pm

    hi cb, so can we conclude a short term bottom is in place for 3iinfotech ?


  5. DS Says:
    May 5th, 2010
    Posted at: 3:26 pm

    Dear CB,

    Just what is the story with HYDIND.....why is it at 690 now?


  6. gauravnp Says:
    May 5th, 2010
    Posted at: 3:26 pm

    CB WHT ABOUT AREY DRUGS


  7. ANIL SAH Says:
    May 5th, 2010
    Posted at: 3:26 pm

    CAN I BUY IDBI BANK 130 CALL AT CMP


  8. CB Says:
    May 5th, 2010
    Posted at: 3:26 pm

    Hi Ravi, hold it till tomorrow.


  9. Ravi Says:
    May 5th, 2010
    Posted at: 3:27 pm

    Ok Thanks


  10. LP Says:
    May 5th, 2010
    Posted at: 3:28 pm

    HI CB

    mkt moves upside.. is it becz of profit booking?


  11. CB Says:
    May 5th, 2010
    Posted at: 3:28 pm

    Hi DS, yes, guess posted good results. also was looking good technically

    Hi gauravnp, no, not sure about it

    Hi ANIL SAH, no, not yet

    Hi Ravi, most welcome.


  12. manmin Says:
    May 5th, 2010
    Posted at: 3:29 pm

    hi cb, so can we conclude a short term bottom is in place for 3iinfotech ltd ?


  13. CB Says:
    May 5th, 2010
    Posted at: 3:31 pm

    Hi LP, yes, some short covering

    Hi Akash, yes. markets did see a good recovery. hold ib real. will do well


  14. CB Says:
    May 5th, 2010
    Posted at: 3:31 pm

    Hi manmin, around 70


  15. Ramesh Says:
    May 5th, 2010
    Posted at: 3:36 pm

    hi cb, hope the tomorrow market will open positively with around 50 points. tks


  16. Ravi Says:
    May 5th, 2010
    Posted at: 3:36 pm

    Hi CB, 5100 put has come down to 95. I m in loss of 10k. Is there any possibility of it to come atleast to my buying price of 135. Wat abt European markets has it recovered?

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