Quotes with Resistance & Support
Market Information

Intraday calls for 12-05-10

Posted on: May 12th, 2010 at 8:22 am

Markets likely to see a flat opening. Support for nifty is at 5070 and resistance at 5210.

Buy Elgi Equipments Ltd at 112.15, target: 117. Stoploss:109
Buy Tricom India Ltd at 20, target: 21.50. Stoploss: 19.20

2.37 pm – btst – buy Jubilant Organics at 363.80, target: 376. Stoploss: 355

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622 Responses

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  1. Krishna Says:
    May 12th, 2010
    Posted at: 2:45 pm

    CB...How is unitech @78 in futures...? can I buy for some upmove


  2. Karthik Says:
    May 12th, 2010
    Posted at: 2:45 pm

    Thanks CB.
    Can Nifty CALL?


  3. CB Says:
    May 12th, 2010
    Posted at: 2:45 pm

    Hi shiva, yes.

    Hi jaris, it can see 51. hold it

    Hi preeti, book 50% profits for now. hold the rest. orbit is a hold.. keep it for 1-2 days.


  4. akil Says:
    May 12th, 2010
    Posted at: 2:45 pm

    holding nifty future ....exit or not


  5. CB Says:
    May 12th, 2010
    Posted at: 2:46 pm

    Hi Krishna, wait for some time..

    Hi Karthik, no, not yet

    Hi akil, its likely to remain flat today. if in some profit book it, strong resistance near 5200


  6. gitanjali Says:
    May 12th, 2010
    Posted at: 2:47 pm

    Hi CB, shall I switch to suzlon from jpasso today befor close?


  7. CB Says:
    May 12th, 2010
    Posted at: 2:48 pm

    Hi gitanjali, no, hold jp


  8. shiva Says:
    May 12th, 2010
    Posted at: 2:49 pm

    any chance of tricom achieving target tomorrow like avaya global?? so that to take delivery


  9. Manish Says:
    May 12th, 2010
    Posted at: 2:49 pm

    Brought 50 geodesic at 110 .........What about Rel Comm and Airtel ? Both have Corrected a lot . Can it brought for medium to long term ?


  10. Akash Says:
    May 12th, 2010
    Posted at: 2:50 pm

    Hi CB, AVAYA Locked at UC :(


  11. preeti Says:
    May 12th, 2010
    Posted at: 2:50 pm

    Hi CB, thank you


  12. CB Says:
    May 12th, 2010
    Posted at: 2:50 pm

    Hi shiva, its facing some resistance near 21. shall enter again above 21

    Hi Manish, ok. hold it. lets wait for some buying interest to come in in telecom stocks. for now dont enter them


  13. shiva Says:
    May 12th, 2010
    Posted at: 2:50 pm

    can i buy kinetic motor company selling tricom?


  14. CB Says:
    May 12th, 2010
    Posted at: 2:51 pm

    Hi preeti, most welcome.


  15. ANIL SAH Says:
    May 12th, 2010
    Posted at: 2:51 pm

    HI CB,I M BUY IFCI 55 CALL @ 1.1.SO I M HOLD / EXIT


  16. Mahesh Says:
    May 12th, 2010
    Posted at: 2:51 pm

    GA CB:)

    I have 50 Max India @192.50 what to do is it a hold for some more time???

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