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: 212223242526272829Show all

  1. Adhi Says:
    May 20th, 2010
    Posted at: 1:54 pm

    hi SM,
    I bought FUT tata motors @ 722.
    Can I Hold ? Will Market perform upside ?


  2. varun soni Says:
    May 20th, 2010
    Posted at: 1:54 pm

    hey kartik where can i see jp asso by expiry..wats it support level


  3. S.MAHESH Says:
    May 20th, 2010
    Posted at: 1:54 pm

    going for lunch, may be back on line at closing bell.


  4. rashid Says:
    May 20th, 2010
    Posted at: 1:59 pm

    Hi skmishrayes,short covering yet to happen,,,may occur either at 4800 levels or 5060 levels


  5. ajay Says:
    May 20th, 2010
    Posted at: 2:06 pm

    hi sir any btst


  6. vk Says:
    May 20th, 2010
    Posted at: 2:17 pm

    hi cb/kartik

    i have one lot of india cement @ 121 of may expiry ...
    wat to do hold or exit?????
    please suggest


  7. dilip Says:
    May 20th, 2010
    Posted at: 2:18 pm

    karthik sir any btst


  8. Abhinav Says:
    May 20th, 2010
    Posted at: 2:19 pm

    Sir,
    I have taken Jai corp @230..wud i get my price today or shd i book loss


  9. nik Says:
    May 20th, 2010
    Posted at: 2:21 pm

    pls answere me educomp is getting down like hell its has come to its 52 weeks low. should i sell it now and buy after dip pls suggest its an emergency


  10. airbites Says:
    May 20th, 2010
    Posted at: 2:24 pm

    Nik - Educomp has support at 508, if it goes below 503 sell off..... Its better to wait coz it has decreased too much and slight recovery can be expected today


  11. CB Says:
    May 20th, 2010
    Posted at: 2:24 pm

    sorry, was not online before../


  12. Akash Says:
    May 20th, 2010
    Posted at: 2:26 pm

    Hi CB, Thanks you came back. I am in big touble and loss today. You can see my previous messags. Now the summary is that I have Zandu Realty at 3565 and I MUST sell it min 3850 or above.. Will it see that level today in intraday? :(


  13. rashid Says:
    May 20th, 2010
    Posted at: 2:27 pm

    can i buy nifty now


  14. Gitanjali Says:
    May 20th, 2010
    Posted at: 2:27 pm

    HI CB , Have come out of long trade...at cost price...no loss/no gain... Thanks ...


  15. CB Says:
    May 20th, 2010
    Posted at: 2:28 pm

    Hi Akash, zandu has rallied 40% in 2 days. maybe takes a pause before the next upmove


  16. Abhinav Says:
    May 20th, 2010
    Posted at: 2:28 pm

    Sir,
    I have taken Jai corp @230..wud i get my price today or shd i book loss.Please tell, i cant hold dem after 3pm

Comment pages:212223242526272829Show all

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