Quotes with Resistance & Support
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Intraday calls for 14-05-10

Posted on: May 14th, 2010 at 8:22 am

Markets likely to see a flat opening. Support for nifty is at 5130 and resistance at 5210

Buy Titan Industries Ltd at 2236.05, target: 2265. Stoploss:2210
Buy AIA Engineering Ltd at 418.85, target: 430. Stoploss: 410

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720 Responses

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  1. CB Says:
    May 15th, 2010
    Posted at: 8:54 pm

    Hi Ashu, rcom is a hold. will recover sooner or later. if possible avg it on dips. austral may remain weak after news of them forging their accounts came up.. vls is a profit making company. continue to hold it and avg on dips if possible. am sure they will give good returns over a period of time.


  2. CB Says:
    May 15th, 2010
    Posted at: 8:55 pm

    Hi Deep, yes, its looking weak. enter it lower aorund 580


  3. LEO Says:
    May 15th, 2010
    Posted at: 8:57 pm

    Hi Cb ................

    Trade not in mcx . trade in gold stocks of NSE

    http://nseindia.com/content/circulars/cmtr14775.pdf

    as per ur suggestion .. down fall of nifty can seen upto 4950 lvls .. after that hope some bounce back to 5300 .. may the index trade at these levels till the expiry do intimate... whether any new/ more FII seen this month ....


  4. Rkrishnan Says:
    May 15th, 2010
    Posted at: 9:02 pm

    Hi CB, Good evening. Heard that NSE and BSE are open for trade tomorrow.Is it only for Gold related funds or will there be trade on equities as usual?


  5. CB Says:
    May 15th, 2010
    Posted at: 9:27 pm

    Hi Rkrishnan, Good evening.. yes, its only for gold eft's.. not equity


  6. CB Says:
    May 15th, 2010
    Posted at: 9:28 pm

    Hi LEO, strong support along with 200dma is near 4950. should hold onto it.


  7. Souvik Says:
    May 15th, 2010
    Posted at: 9:29 pm

    Sir, your views on the following for term? What will be the enter & target price?


  8. Souvik Says:
    May 15th, 2010
    Posted at: 9:30 pm

    Sir, your views on the following for term? What will be the enter & target price?

    Rain Commodities Ltd.
    Navneet Publications
    GMR Infrastructure Ltd
    Berger Paints (India)
    Automotive Stampings & Assemblies
    Binani Cement Ltd.

    Thanks


  9. CB Says:
    May 15th, 2010
    Posted at: 9:44 pm

    Hi Souvik, navneet can be bought for short term . has good support near 50. others are not buys yet. wait for some dip


  10. Souvik Says:
    May 15th, 2010
    Posted at: 9:51 pm

    Thank you sir.


  11. ARUN BJ Says:
    May 15th, 2010
    Posted at: 9:56 pm

    cb good evening...


  12. CB Says:
    May 15th, 2010
    Posted at: 10:16 pm

    Hi Souvik, most welcome..

    Hi ARUN BJ, Good evening


  13. Aman Says:
    May 15th, 2010
    Posted at: 10:25 pm

    Thank u sssooo muuuchchch CB..
    from Ashu..


  14. Shads Says:
    May 15th, 2010
    Posted at: 10:48 pm

    CB, Could you tell me if I can enter Sesagoa’s call on Monday (considering it has fallen quite a bit ) or do you see more downside in it? In that case shall I buy its put to make some decent gains for now? Pls advise as I want to make up for the lossess that I have made in the past 2 months (About 40k) :(


  15. CB Says:
    May 15th, 2010
    Posted at: 11:34 pm

    Hi Aman, most welcome

    Hi Shads, no, it looks weak. dont enter it yet. buy a put if it breaks 368


  16. Aman Says:
    May 15th, 2010
    Posted at: 11:41 pm

    CB.... Plz post a new call in investment section (as SELMCL is not doing much)..

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