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. jame Says:
    May 18th, 2010
    Posted at: 8:49 am

    Hi SM,
    Thanks for your intraday calls.


  2. CB Says:
    May 18th, 2010
    Posted at: 8:50 am

    Hi mayank, it has good support near 161. if markets improve a bit can head upto 172

    Hi LEO, enter it on dips around 800 for now.


  3. Shads Says:
    May 18th, 2010
    Posted at: 8:50 am

    Hi CB, Good morning1!

    Any hppe to see some recovery in the market?

    How about tata motors and RIL? Also, can one enter ABB call?


  4. Uday Says:
    May 18th, 2010
    Posted at: 8:50 am

    CAN U GIVE ANY STOPLOSS FOR ABB FOR THE DAY?


  5. CB Says:
    May 18th, 2010
    Posted at: 8:51 am

    Hi vijay, Good morning. they are good bets for short term. continue to hold onto them

    Hi Shads, Good morning. markets may open 20-30 points lower. one can enter tata motors on dips.


  6. mayank Says:
    May 18th, 2010
    Posted at: 8:51 am

    Hi CB, thanks


  7. suman Says:
    May 18th, 2010
    Posted at: 8:51 am

    Hey CB

    Good morning , How much approximate we can expect for a gap down


  8. CB Says:
    May 18th, 2010
    Posted at: 8:51 am

    Hi Uday, keep trailing sl at 807.


  9. LEO Says:
    May 18th, 2010
    Posted at: 8:51 am

    Ok Cb ...............

    Thanks S.Mahesh for the calls.............


  10. CB Says:
    May 18th, 2010
    Posted at: 8:52 am

    Hi suman, around 25-30 points.


  11. nipul Says:
    May 18th, 2010
    Posted at: 8:52 am

    HI SIR , GOOD MORNNIG FROM := GUJRAT


  12. Shads Says:
    May 18th, 2010
    Posted at: 8:52 am

    Hi CB, whats ur view on ABB?


  13. suman Says:
    May 18th, 2010
    Posted at: 8:53 am

    Thanks CB , Any recover later


  14. Kb Says:
    May 18th, 2010
    Posted at: 8:54 am

    Hi CB,

    HaI CB. .. Good Morning .. :)


  15. CB Says:
    May 18th, 2010
    Posted at: 8:54 am

    Hi nipul, Good morning. .

    Hi Shads, in short term can see 860

    Hi suman, no, not sure yet


  16. CB Says:
    May 18th, 2010
    Posted at: 8:54 am

    Hi Kb, Good morning.

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