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. kumar Says:
    May 7th, 2010
    Posted at: 9:04 am

    hi CB,
    good morg,i bot religare @ 425, now it seems downside,pls tel me the tgt...


  2. Nagesh Says:
    May 7th, 2010
    Posted at: 9:05 am

    can i take nifty?


  3. Geetha Says:
    May 7th, 2010
    Posted at: 9:05 am

    What about Tata steel? Is it a buy @cmp or at what price?


  4. Kb Says:
    May 7th, 2010
    Posted at: 9:05 am

    Hi CB, Cb, likely to bounce from here ???


  5. CB Says:
    May 7th, 2010
    Posted at: 9:06 am

    Hi Shads, can see 392

    Hi kumar, hold it. will recover back

    Hi Nagesh, not yet

    Hi Geetha, enter in small quantity


  6. Shipra Says:
    May 7th, 2010
    Posted at: 9:06 am

    Hi Cb...can i buy bharati shipyard at cmp of 261...or wait fro more dips...it is already dwn by 7rs from yest?


  7. Ravi Says:
    May 7th, 2010
    Posted at: 9:06 am

    HI CB, My broker gave me call of 5000 put with a target of 5010 and 4975.
    Is it possible?


  8. dak Says:
    May 7th, 2010
    Posted at: 9:06 am

    ICICIDirect site goes down just today morning - when traders need it the most... typical !!!
    Anyone else facing this problem?


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

    Hi CB
    Can i buy rnrl now?>


  10. kumar Says:
    May 7th, 2010
    Posted at: 9:07 am

    thanks cb,is it same tgt?pls


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

    Hi dak...yes seems to b a problem with trading firms... Even Sharekhan site is not working...


  12. CB Says:
    May 7th, 2010
    Posted at: 9:08 am

    Hi Kb, maybe remain a bit weak

    Hi Shipra, wait for some time.

    Hi Ravi, yes. global markets are going weak

    Hi dak, yes. icici has this problem on gap down opening. they block trades


  13. vasanth Says:
    May 7th, 2010
    Posted at: 9:08 am

    HI Cb,

    can is hort Tata steel @ cmp...


  14. RASHID Says:
    May 7th, 2010
    Posted at: 9:08 am

    broken support,,,what to do with nifty ,,,,,,,,


  15. Ramesh SS Says:
    May 7th, 2010
    Posted at: 9:08 am

    hi cb, 2 days back i bought CE 5400 @ 9.50. should book loss or wait for some days.... also pls advise any new calls..... tks


  16. Deepak Says:
    May 7th, 2010
    Posted at: 9:09 am

    Hi CB,

    I have Nifty May Future 2 lots @ 5180. Shall I average or exit if it goes below 4950?
    Is it going to bounce back to previous level before expiry considering the global sentiment?

    Thanks.

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