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. Shads Says:
    May 7th, 2010
    Posted at: 11:06 am

    CB,

    Tata Motors and SBI ahs come quite a bit. Do you think I can enter now?
    ALSO, can i avg sesagoa, bharati shipyard,ttk prestige and ril??


  2. Vishal Says:
    May 7th, 2010
    Posted at: 11:06 am

    Hi CB, Can i buy RIL now


  3. JUSTTIPS Says:
    May 7th, 2010
    Posted at: 11:06 am

    RNRL WEAK ,RIL +VE


  4. S.MAHESH Says:
    May 7th, 2010
    Posted at: 11:06 am

    Crude oil prices closed lower over 3 per cent at USD77.11 a barrel as investors continued to seek safer havens, such as the U.S. dollar, on fears that the Greek debt crisis could spread to other European countries.


  5. Mac Says:
    May 7th, 2010
    Posted at: 11:06 am

    Whats the res for RNRL.... Can we buy RIL at CMP


  6. jay Says:
    May 7th, 2010
    Posted at: 11:07 am

    CB,
    Is it good to buy bank nifty now or wait for more downside?


  7. Manish Says:
    May 7th, 2010
    Posted at: 11:07 am

    Reliance Media works i have 50 at 312 . Current price at 198 can i average it in small quantity ?


  8. jaris Says:
    May 7th, 2010
    Posted at: 11:07 am

    hai cb

    is rnrl or ril is favour

    thankx


  9. Rajendra Says:
    May 7th, 2010
    Posted at: 11:07 am

    Hi CB,

    I have few shares of ZANDU Realty bought @ Rs. 4670 in the month of Feb'10. Now i am in huge loss as it came down to Rs. 3067. Please suggest me how to go with this.


  10. AN Says:
    May 7th, 2010
    Posted at: 11:07 am

    Hi CB! couple of days back I asked you about dollar conversion to INR and you said to convert at around 45.5. Today its around 45.6, what shall I do? Is there is any chance for more upside?


  11. Rahulraj Says:
    May 7th, 2010
    Posted at: 11:07 am

    CB...i m holding andhra ...@ 137 ..wht to do..and nw after the RIL-RNRL news..is dere any recovery seems now..??
    i m tracking Dabur and JP associate which stock u recommend.?


  12. CB Says:
    May 7th, 2010
    Posted at: 11:08 am

    Hi shiva, wait for volatility to settle

    Hi sandeep, not sure


  13. JUSTTIPS Says:
    May 7th, 2010
    Posted at: 11:09 am

    JUSTICE TO COME ON RNRL/RIL WAIT BUT ENJOY EARNING


  14. CB Says:
    May 7th, 2010
    Posted at: 11:10 am

    Hi Vishal, not yet

    Hi Mac, dont enter any yet

    Hi jay, wait for some time

    Hi Manish, not yet

    Hi jaris, ril

    Hi Rajendra, yes, will need to avg it on dips.

    Hi AN, convert partial for now. not sure if could move further higher

    Hi Rahulraj, hold onto them for now.


  15. Raj Says:
    May 7th, 2010
    Posted at: 11:10 am

    RIL rocking....

    CB should have bought


  16. Geetha Says:
    May 7th, 2010
    Posted at: 11:11 am

    I bought tata steel [email protected], what will be the target?

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