Quotes with Resistance & Support
Market Information

Intraday calls for 20-05-10

Posted on: May 20th, 2010 at 8:25 am

Markets likely to see a flat opening. Support for nifty is at 4850 and resistance at 5000.

Buy Supreme Infrastructure India Ltd at 206-209, target: 218. Stoploss: 201.
Buy Jindal Steel & power at 612-615, target: 632. Stoploss: 600

Jai Crop ltd has made a triple bottom formation at 224. if holds onto this level for some time, one can enter for a target of 235. Strict sl 220. a break below 224 can take it lower to 200 in coming days.

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649 Responses

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  1. Vishal Says:
    May 20th, 2010
    Posted at: 8:28 am

    Hi CB, good morning . Can we enter Sterlite at current level for 1-2 months


  2. jame Says:
    May 20th, 2010
    Posted at: 8:30 am

    Thnx a lot CB,


  3. stalin Says:
    May 20th, 2010
    Posted at: 8:31 am

    good morning buddy....so how wil the markets play today....will it hurt us further or will hold on


  4. CB Says:
    May 20th, 2010
    Posted at: 8:31 am

    Hi Vishal, Good morning. yes.one can enter around 620

    Hi jame, most welcome.


  5. vijay Says:
    May 20th, 2010
    Posted at: 8:32 am

    Good morning CB.

    Lets hope some recovery today.


  6. CB Says:
    May 20th, 2010
    Posted at: 8:32 am

    Hi vijay, Good morning. yes, a bounce is likely


  7. suresh Says:
    May 20th, 2010
    Posted at: 8:32 am

    GM CB,

    how will be unitech today, can we see any upmove ?


  8. CB Says:
    May 20th, 2010
    Posted at: 8:33 am

    Hi suresh, yes, can add 2rs.


  9. suresh Says:
    May 20th, 2010
    Posted at: 8:36 am

    thanks CB,

    CAN I HOLD UNITECH FOR ONE OR 2 DAYS OR SELL THE 80, 85 CALL TODAY AT RAISE.


  10. CB Says:
    May 20th, 2010
    Posted at: 8:37 am

    Hi suresh, yes. hold it.

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