Quotes with Resistance & Support
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Intraday calls for 07-05-10

Posted on: May 7th, 2010 at 8:22 am

Markets likely to see a gap down opening. Support for nifty is at 5025.

If markets show recovery later during the day, buy: Varun Shipping Company Ltd above 48 & Tata steel above 560

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747 Responses

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  1. Anurag Says:
    May 7th, 2010
    Posted at: 10:50 am

    Hi CB .. do you see mkt going down from here.. my bad luck i cleared all my short position y'day at 5080


  2. CB Says:
    May 7th, 2010
    Posted at: 10:50 am

    Hi Bull, no, as of now not sure.. will need to wait for now

    Hi ss, yes.


  3. shiva Says:
    May 7th, 2010
    Posted at: 10:50 am

    can i buy engineeers india??


  4. Mahesh Says:
    May 7th, 2010
    Posted at: 10:50 am

    Hi Chirag..

    Good morning:)

    Can I enter Kale or Suzlon for intraday??

    Plz advice


  5. CB Says:
    May 7th, 2010
    Posted at: 10:51 am

    Hi Anurag, ok. as of now has good support near 5010. below this can come down further.


  6. Devang Mehta Says:
    May 7th, 2010
    Posted at: 10:52 am

    Hi CB, Should i enter in KGL for midterm growth of 30 % - 6 month holding period


  7. CB Says:
    May 7th, 2010
    Posted at: 10:52 am

    Hi shiva, not sure about it

    Hi Mahesh, Good morning. no, dont enter them yet. wait for some time.


  8. Manish Says:
    May 7th, 2010
    Posted at: 10:52 am

    If SC verdict move in favor of rnrl and RIl corrects (suppose) so Can RIL be brought ?


  9. Bull Says:
    May 7th, 2010
    Posted at: 10:52 am

    ss.. Ambani brothers are everything for nifty..so you can now think what is the seriousness


  10. JUSTTIPS Says:
    May 7th, 2010
    Posted at: 10:53 am

    SEE RNRL/REL INFRA


  11. shiva Says:
    May 7th, 2010
    Posted at: 10:53 am

    buy tata steel or wait for EU to open and rnrl case????


  12. Mahesh Says:
    May 7th, 2010
    Posted at: 10:54 am

    Fine CB...

    Whats ur view on Lanco infratech and renuka???


  13. JUSTTIPS Says:
    May 7th, 2010
    Posted at: 10:55 am

    WAIT TO ENTER IN MARKET FOR NEXT 20 MINTS..


  14. CB Says:
    May 7th, 2010
    Posted at: 10:55 am

    Hi Manish, yes, ril is a good buy on dips

    Hi shiva, wait till europe opens

    Hi Mahesh, renuka can see 65 in short term. lanco is a buy near 58


  15. Ravi Says:
    May 7th, 2010
    Posted at: 10:56 am

    Hi CB, Can I averge Andhra Bank 140 call at 3.8. My buying is at 5.5


  16. NewTrader Says:
    May 7th, 2010
    Posted at: 10:56 am

    Bought Varun shipping @ 48.9. Shall hold for some time or sell.

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