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. Pardhasaradhi Says:
    May 20th, 2010
    Posted at: 1:06 pm

    Is it right time to enter EKC now or wait for fall. How are the markets expected to be.
    Kindly advise the entry price of EKC if it is a buy


  2. rahulraj Says:
    May 20th, 2010
    Posted at: 1:07 pm

    Should i got for some averaging.in these stocks..i can go with it.if u suggesst me the levels.!


  3. S.MAHESH Says:
    May 20th, 2010
    Posted at: 1:07 pm

    Hi rahulraj,
    JPASSOCIAT has very strong support at 112, if it touches that i will enter into it, however
    consult Mr.Karthik


  4. Kb Says:
    May 20th, 2010
    Posted at: 1:08 pm

    Hi Kartik, How is gail looking????


  5. Kartik Says:
    May 20th, 2010
    Posted at: 1:08 pm

    Hi uniyal, its squared off at the last price, even if there's no buyer, it squared off on the last price

    Hi AT, resistance at 5020, support at 4930-40


  6. rahulraj Says:
    May 20th, 2010
    Posted at: 1:10 pm

    mahesh ji..thanks.!
    wht kind of traders r u..intra or swing.?


  7. Kartik Says:
    May 20th, 2010
    Posted at: 1:10 pm

    Hi Adhi, hold it with a trailng SL at 716

    Hi rahulraj, dont avg yet, wait for some time

    Hi Pardhasaradhi, dont enter EKC yet, enter it around 120 for Short term


  8. AT Says:
    May 20th, 2010
    Posted at: 1:11 pm

    Thank you sir


  9. Kartik Says:
    May 20th, 2010
    Posted at: 1:11 pm

    Hi Kb, looks strong above 445


  10. S.MAHESH Says:
    May 20th, 2010
    Posted at: 1:12 pm

    Hi rahulraj,
    intraday and mostly delivery based


  11. Kb Says:
    May 20th, 2010
    Posted at: 1:12 pm

    Hi Kartik, Hmm.. thanks dude ... :)


  12. Ravi Says:
    May 20th, 2010
    Posted at: 1:13 pm

    Hi Kartik , Can I buy 4900 or 5000 put now


  13. Ram M Says:
    May 20th, 2010
    Posted at: 1:13 pm

    Can i short nifty nw sir?


  14. Pardhasaradhi Says:
    May 20th, 2010
    Posted at: 1:14 pm

    how is fortis today. i am holding fortis may future at 170. Kindly advise.


  15. nv Says:
    May 20th, 2010
    Posted at: 1:17 pm

    Hi Mahesh u r full time trader/investor or u r working some where and doing this part time?


  16. mayank Says:
    May 20th, 2010
    Posted at: 1:17 pm

    Hi kartik, around what level should i exit from hindalco today

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