Quotes with Resistance & Support
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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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Comment pages: 111213141516171819Show all

  1. rashid Says:
    May 20th, 2010
    Posted at: 10:31 am

    stploss for nifty is 4920 or 4900


  2. GURU Says:
    May 20th, 2010
    Posted at: 10:31 am

    bhai abnuva per aap ki rai keya hai????


  3. CB Says:
    May 20th, 2010
    Posted at: 10:31 am

    Hi sourabh, no, has strong resistance near 165-170


  4. Gopal Says:
    May 20th, 2010
    Posted at: 10:32 am

    Thanks CB sir


  5. vindi Says:
    May 20th, 2010
    Posted at: 10:32 am

    any idea abt zee news .. and the bottom level to enter


  6. CB Says:
    May 20th, 2010
    Posted at: 10:33 am

    Hi rashid, 4900

    Hi GURU, no, not really sure about it

    Hi Gopal, most welcome

    Hi vindi, no, not really sure.


  7. SunilRao Says:
    May 20th, 2010
    Posted at: 10:33 am

    Hi Cb, What's your view on TataSteel, bought it yesterday @ 512? Shall i hold for short term or exit on rise today itself?


  8. CB Says:
    May 20th, 2010
    Posted at: 10:34 am

    Hi SunilRao, it looks a bit weak. for now hold with sl at 508.. can see some bounce if markets recover


  9. shiva Says:
    May 20th, 2010
    Posted at: 10:34 am

    CB, missed my query :(

    my dad has hard copy shares of kalyani steels ot when he was in that company…rate=170 qty=200…what happened to it? what is re-listing?? is it loss to previous holders?? pls explain


  10. CB Says:
    May 20th, 2010
    Posted at: 10:35 am

    Hi shiva, you will get some shares of kalyani investments once the stock is likely. likely to list by end of this month

    Hi rashid, its almost flat.


  11. vindi Says:
    May 20th, 2010
    Posted at: 10:35 am

    ANY IDEA abt ispat ind , noida toll ... and the bottom level to enter


  12. manoj Says:
    May 20th, 2010
    Posted at: 10:35 am

    HI CB,
    I hv bought RCOM @140 for intraday .what will be target to exit


  13. seshu Says:
    May 20th, 2010
    Posted at: 10:36 am

    Where is market heading for?


  14. GURU Says:
    May 20th, 2010
    Posted at: 10:36 am

    thanks


  15. CB Says:
    May 20th, 2010
    Posted at: 10:36 am

    Hi vindi, no, they are looking a bit weak.

    Hi manoj, can see 142.


  16. stalin Says:
    May 20th, 2010
    Posted at: 10:36 am

    hi mate what happened to private sector banks...for the past 2 days not much of a performance while others slide up

Comment pages:111213141516171819Show all

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