Quotes with Resistance & Support
Market Information

Intraday calls for 18-05-10

Posted on: May 18th, 2010 at 8:20 am

Markets likely to see a flat opening. Support for nifty is at 4970 and resistance at 5090

Buy Sun TV Network Ltd at 437.30, target: 449. Stoploss:425. (trade in small quantities)

2.46pm – (1-2 day hold) – Buy Indraprastha Gas at 248, target: 260. Strict stoploss: 237

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687 Responses

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Comment pages: 343536373839404142Show all

  1. Kb Says:
    May 18th, 2010
    Posted at: 3:30 pm

    Hi CB, Cb.. do u know about google labs free sms network ?? like gupshup ..


  2. CB Says:
    May 18th, 2010
    Posted at: 3:30 pm

    Hi Kb, no.. ill check it.


  3. S.MAHESH Says:
    May 18th, 2010
    Posted at: 3:34 pm

    Well, the day is over 3.30,by the way share market can not be source of main income, not at least to youngster's , it is O.K. for person like me who is retired and sitting at home and got nothing else to do. BYE.


  4. CB Says:
    May 18th, 2010
    Posted at: 3:34 pm

    Hi Akash, no, not sure of zandu yet.


  5. shlok Says:
    May 18th, 2010
    Posted at: 3:34 pm

    hi cb what is the downside tgt of lic bfor expiry?....thanks.


  6. Rohit Says:
    May 18th, 2010
    Posted at: 3:35 pm

    Hi,

    What are your views on Union Bank? Is it worth entering at these levels.

    Thanks.


  7. CB Says:
    May 18th, 2010
    Posted at: 3:36 pm

    Hi S.MAHESH, yes, rightly said..

    Hi shlok, its looking strong. has good support near 920-940


  8. CB Says:
    May 18th, 2010
    Posted at: 3:37 pm

    Hi Rohit, yes, one can enter it in small quantity. looks good.


  9. CB Says:
    May 18th, 2010
    Posted at: 3:37 pm

    Hi akash, yes, one can enter it on dips.


  10. fayzad Says:
    May 18th, 2010
    Posted at: 3:38 pm

    hi KB
    i hold 105 of Aban Offshore at 791 for short term.
    can you advice if i should hold or exit ?
    f


  11. Vasanth Says:
    May 18th, 2010
    Posted at: 3:39 pm

    Hi Cb,

    Wats da target for Renuka sugars for 1-2 days..Bought @ 56


  12. Akash Says:
    May 18th, 2010
    Posted at: 3:51 pm

    Hi CB, Can I buy TALWALKARS at CMP for my target. Or can u pls have a quick look at Zandu Reality and suggest me.. It can cove my all loss if it can see 4-5 20% circuit in a row.. :| (if I can buy around CMP)


  13. uniyal Says:
    May 18th, 2010
    Posted at: 3:57 pm

    CB Sir, whats about tomorrow's opening........ will market open in green or again in red.


  14. CB Says:
    May 18th, 2010
    Posted at: 3:58 pm

    Hi fayzad, its looking weak but at the same time has come down quite a bit and is oversold. a bounce can come in soon. for now hold it.

    Hi Vasanth, can see 60

    Hi Akash, no, not sure if it can see some more circuits.

    Hi uniyal, seems to be a flat one.


  15. Shekhar Says:
    May 18th, 2010
    Posted at: 4:00 pm

    Hi CB! What is your view on Tata Steel?


  16. CB Says:
    May 18th, 2010
    Posted at: 4:01 pm

    Hi Shekhar, has good support at 520, if holds, then can see 555.

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