Quotes with Resistance & Support
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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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  1. fayzad Says:
    May 18th, 2010
    Posted at: 4:03 pm

    thanks CB for your advice . . .i guess i will hold it till it breaches 765 . . .
    then book loss . . .
    what do you suggest ?


  2. jame Says:
    May 18th, 2010
    Posted at: 4:12 pm

    HI Cb,
    Choice international has shown a growing trend since last one month is it a good bet for 5-6 months?


  3. Kamal Says:
    May 18th, 2010
    Posted at: 4:26 pm

    Hi CB hoding ifci 50 put at 1.05. wt is your view


  4. smh Says:
    May 18th, 2010
    Posted at: 4:41 pm

    yuor view about renuka sugar bot @ 59wat tgts can i expect in short term


  5. senthil Says:
    May 18th, 2010
    Posted at: 4:52 pm

    hi cb today went short on aban it was good and i saw bank of rajastan and karnataka bank in very good up side , suggest me some other bank tommrow as tha same


  6. smh Says:
    May 18th, 2010
    Posted at: 4:59 pm

    have bot Tinplate co @ 78.2 whats yur view about its short term target


  7. indian Says:
    May 18th, 2010
    Posted at: 5:58 pm

    Hi CB/Mahesh,
    Is this the right time to buy Sesagoa & sterlite? has metal stocks touched it rock bottom? please advise.


  8. CB Says:
    May 18th, 2010
    Posted at: 6:05 pm

    Hi fayzad, no, continue to hold it. will recover back.

    Hi jame, no, not really sure about it

    Hi Kamal, as of now markets are not really doing much.for now hold it. keep sl at 53

    Hi smh, in short term can see 68-70

    Hi senthil, federal bank looks good

    Hi Akash, as of now no new call. markets need to improve a bit.

    Hi smh, has good support near 75. can see 84 in short term.

    Hi indian, sesa goa can be bought in small quantity. dont enter sterlite yet


  9. S.MAHESH Says:
    May 18th, 2010
    Posted at: 6:06 pm

    Hi indian,
    GE,
    Wait for some, buy in few qty at 354, but be ready to average it if it breaks 352,if it breaks 352 remind me were to average it.


  10. Mayur Says:
    May 18th, 2010
    Posted at: 6:08 pm

    Hi CB. What could be the short term target for Aban?


  11. Akash Says:
    May 18th, 2010
    Posted at: 6:30 pm

    Hi CB, When FACT can see 110+? Also, if I shud put intraday buy order for MRF at CMP?


  12. vindi Says:
    May 18th, 2010
    Posted at: 6:39 pm

    any thing abt ballarpur ltd , shall i exit r accumulate any news for the short term


  13. Naveen Says:
    May 18th, 2010
    Posted at: 6:40 pm

    HI Cb,

    Do you find aban offshore attractive at these levels?

    recommend the price at which aban can be bought for target of 1600?


  14. ramsingh Says:
    May 18th, 2010
    Posted at: 6:41 pm

    Hai CB!
    I have sit in Roller coaster like Jubilant Foodworks.Today intraday to touch 267 level and after recover to close 280 level.
    You r already told 280 is support level, today broken.
    Continue to hold and to touch 390 level in short term , Please suggest.


  15. Kartik Says:
    May 18th, 2010
    Posted at: 6:45 pm

    Hi Mayur, it can see 900 in Short term, but dont enter it at CMP yet, wait for some time

    Hi smh, it can see 65 in Short term, hold it

    Hi Akash, hold Fertilizers & Chemicals Travancore Ltd for Short term, dont enter MRF yet, wait for Markets to settle

    Hi vindi, Sugar stocks are likely to perform well in the Short run, hold it for some more time

    Hi Naveen, it can be entered around 805 levels, for a target of 1600 in 1-2 years time

    Hi ramsingh, tough it mange to slip below 280, but it fianlly closed above 280 levels, hold it for some more time, its likely to see some bounce soon


  16. keval Says:
    May 18th, 2010
    Posted at: 6:52 pm

    sir say me abt bhushan steel bought at 1700 4lots huge loss wat to do

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