Quotes with Resistance & Support
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Intraday calls for 06-05-10

Posted on: May 6th, 2010 at 8:20 am

Markets likely to see a slightly lower opening. Support for nifty is at 5050 and resistance at 5160

Buy Everest Industries Ltd at above 238, target: 247. Stoploss: 233.

no btst call for today.. continue to hold religare with sl at 410-413

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784 Responses

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  1. Shipra Says:
    May 7th, 2010
    Posted at: 8:08 am

    Hi Cb...gm...at what price shld i exit from Indian hotels and ITC ..plz suggest?


  2. CB Says:
    May 7th, 2010
    Posted at: 8:09 am

    Hi Shipra, around 268 and 115.


  3. kasi viswanathan Says:
    May 7th, 2010
    Posted at: 8:09 am

    What is the target for S Kumars and IFCI , there was breakout in S Kumars , is it
    still a buy or hold


  4. CB Says:
    May 7th, 2010
    Posted at: 8:10 am

    Hi kasi viswanathan, skumarts can see 85 in short term. one can enter it on dips. not sure of ifci as of now.


  5. S.MAHESH Says:
    May 7th, 2010
    Posted at: 8:11 am

    The Dow suffered its biggest ever intraday point drop, which may have been caused by an erroneous trade entered by a person at a big Wall Street bank, multiple market sources said.


  6. ARUN BJ Says:
    May 7th, 2010
    Posted at: 8:11 am

    cb at what time can add stock at market opening ... or can i wait for ril rnrl case....


  7. S.MAHESH Says:
    May 7th, 2010
    Posted at: 8:13 am

    BUY IN RED & SELL IN GREEN IS A BASIC & SIMPLE RULE OF STOCK MARKET!


  8. dd Says:
    May 7th, 2010
    Posted at: 8:13 am

    Hi CB, goodmorning,Last two days we opened on lower note but later recovered, so we dont fully participated in this crack! Today Reliance verdict may further dip our market. So do you think any recovery later on our market?


  9. Shipra Says:
    May 7th, 2010
    Posted at: 8:13 am

    Hi cb...but i am having itc at 271 rate..and now it is at 259...will it see more dips...what should i do..?


  10. CB Says:
    May 7th, 2010
    Posted at: 8:14 am

    Hi S.MAHESH, yes.. seems to be some error on citi banks side

    Hi ARUN BJ, yes. result is likely to be out by 10.30am

    Hi dd, Good morning. yes. some recovery could come in later. lets see.


  11. CB Says:
    May 7th, 2010
    Posted at: 8:17 am

    Hi Shipra, yes, if comes down buy another 5-7rs one can add more.


  12. Ravi Says:
    May 7th, 2010
    Posted at: 8:18 am

    Blood Bath to Continue :'(


  13. S.MAHESH Says:
    May 7th, 2010
    Posted at: 8:20 am

    CB
    Good Morning

    Ranbaxy looks very excellent on chart, but i am avoiding intraday, will concentrate
    on buying good scrips at lower level, and chances of buying at lower levels looks very bright to day.


  14. Shipra Says:
    May 7th, 2010
    Posted at: 8:20 am

    ok....also what target should i set for religare enterprise...i wont be online today....so what is the safest target which i can set for it offline..plz tell?


  15. CB Says:
    May 7th, 2010
    Posted at: 8:23 am

    Hi S.MAHESH, God morning. yes.. same here. accumulating on dips for short/med term

    Hi Shipra, keep around 437


  16. Gitanjali Says:
    May 7th, 2010
    Posted at: 8:23 am

    Hi CB,is there no respite in store ? there will be assurances made ..and negotiations in process ...also Dow climbed up just before close from steep fall ..
    is it still possible to fall further as some speculate ..by and by ...to a lower level of 4800..?

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