Quotes with Resistance & Support
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Intraday calls for 19-05-10

Posted on: May 19th, 2010 at 8:20 am

Markets likely to see a gap down opening. Support for nifty is at 4965.

If markets show recovery later during the day, buy: Kale Consultants

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628 Responses

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  1. rashid Says:
    May 19th, 2010
    Posted at: 8:35 am

    SEEMS THAT WE WILL HEAD TOWARDS 4800 AND CONSOLIDATE THERE UNTILL ALL GLOBAL PROBLEMS GETS RESOLVED ,,,,,ITS ONLY MY VIEW


  2. CB Says:
    May 19th, 2010
    Posted at: 8:36 am

    Hi rashid, its possible. for now lets see if it breaks 4960 or holds onto those levels.


  3. HSK Says:
    May 19th, 2010
    Posted at: 8:37 am

    Buy the dips in the market opening in stocks like L&T,BHEL and JP Associates ?


  4. CB Says:
    May 19th, 2010
    Posted at: 8:37 am

    Hi HSK, yes. they are good bets to accumulate for med/long term.


  5. LEO Says:
    May 19th, 2010
    Posted at: 8:38 am

    Hi Rashid....................

    Good Morning .....

    Global Problems won't resolved.... Day to day new problems can seen That's Nature ....


  6. vijay Says:
    May 19th, 2010
    Posted at: 8:40 am

    hi CB
    i want to take position in nifty for intra day what i should do please help


  7. S.MAHESH Says:
    May 19th, 2010
    Posted at: 8:41 am

    Good Morning,
    For compulsive traders who are ready to take RISK.
    INTRADAY CALL -
    Buy FEDERALBNK at 308, stop loss 304, target - 312 - 315.
    Buy LICHSGFIN above 976, stop loss 972, target - 989 - 994.

    I will be back by 9.15


  8. varun soni Says:
    May 19th, 2010
    Posted at: 8:41 am

    hey cb...shud i exit j p associates in opening in loss..holdin futures @ 130


  9. CB Says:
    May 19th, 2010
    Posted at: 8:42 am

    Hi vijay, one can enter on a gap down opening with strict sl at 4965

    Hi S.MAHESH, Good morning.. thanks.


  10. CB Says:
    May 19th, 2010
    Posted at: 8:43 am

    Hi varun soni, continue to hold it for now.


  11. LEO Says:
    May 19th, 2010
    Posted at: 8:43 am

    Hi S.Mahesh ,

    When to buy After stable or as soon as buy level comes ...............


  12. suman Says:
    May 19th, 2010
    Posted at: 8:46 am

    Hey CB , Good morning , Today is negative day , Hope it may recover a bit later afternoon , your views please

    Thanks
    Suman


  13. stalin Says:
    May 19th, 2010
    Posted at: 8:46 am

    hai mate if so..what wil be future of relinfra...up to what extend it can go down...since we have 500 infra


  14. sandeep Says:
    May 19th, 2010
    Posted at: 8:47 am

    Hi C.B. Very Gud Morning & Thanks alot for ur so valuable help....As last day i ask abt puts & u sujjest to hold i think today i get gud profit from it...I hv 14Lots 5100Put @94 so book profit it once at opening & than enter it again as i think today we test 4925 as i think later europ also open in deep red....Wht u advice exit at opening or hold....

    Once again thanks alot Boss...


  15. CB Says:
    May 19th, 2010
    Posted at: 8:48 am

    Hi suman, yes, if holds onto 4970, then a recovery is likely

    Hi stalin, it has strong support near 970-990 levels. if holds onto these levels, then can head upto 1050 in coming days.


  16. S.MAHESH Says:
    May 19th, 2010
    Posted at: 8:48 am

    Hi LEO,
    GM,
    U might miss the bus but best to think of taking position, by 9.15 or 9.30 and that is advisable.

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