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: 252627282930313233Show all

  1. preeti Says:
    May 20th, 2010
    Posted at: 2:49 pm

    616:(


  2. vindi Says:
    May 20th, 2010
    Posted at: 2:51 pm

    is there any chance of ballarpur coming to 28 at low levels in a short period


  3. CB Says:
    May 20th, 2010
    Posted at: 2:51 pm

    Hi Vishal, not yet

    Hi Gopal, just sent it

    Hi DM, for now exit from it

    Hi Pardhasaradhi, yes, hold it a little longer. will recover

    Hi kaushik, not really sure. dont look to avg yet

    Hi DM, may remain a bit weak it seems.


  4. Vishal Says:
    May 20th, 2010
    Posted at: 2:51 pm

    Hi CB, Can i enter Educomp and Aban at current levels for a weeks time


  5. Gitanjali Says:
    May 20th, 2010
    Posted at: 2:52 pm

    Hi CB, OK
    .. was lucky again today...God does help... the scrips are all falling again.


  6. smh Says:
    May 20th, 2010
    Posted at: 2:52 pm

    CB/KARTIK HAVE BOT CIPLA @ 315.5 CAN I TAKE DELIVERY OR EXIT TDY ONLY PLS GUIDE


  7. akila Says:
    May 20th, 2010
    Posted at: 2:53 pm

    well yes, thanku... all stocks weaking, although index is still at okay levels probably just because of ONGC's strength...


  8. CB Says:
    May 20th, 2010
    Posted at: 2:54 pm

    Hi preeti, yes, nifty not really ready to move higher.

    Hi Akash, yes, let it on auto

    Hi vindi, yes, can see 28

    Hi Vishal, no, not yet

    Hi Gitanjali, yes, falling quite a bit.

    Hi smh, yes, hold it. can see 323.


  9. siraj Says:
    May 20th, 2010
    Posted at: 2:54 pm

    hai cb

    is there anyone has offering fixed plan(eg:10000rs) in trading terminal for options trading

    thankx.


  10. DM Says:
    May 20th, 2010
    Posted at: 2:55 pm

    Hi CB, Any BTST Call


  11. rashid Says:
    May 20th, 2010
    Posted at: 2:55 pm

    bought nifty at 4920,should i exit now


  12. akila Says:
    May 20th, 2010
    Posted at: 2:55 pm

    weakening*


  13. CB Says:
    May 20th, 2010
    Posted at: 2:55 pm

    Hi akila, yes. overall there is still some weakness in markets.


  14. rashid Says:
    May 20th, 2010
    Posted at: 2:56 pm

    any news,,sudden selling?


  15. akila Says:
    May 20th, 2010
    Posted at: 2:56 pm

    pl... advice on Techmahindra n Tata motor n Tata steel... as all at very low prices... will there be recovery?

    desperate to cover earlier losses...


  16. CB Says:
    May 20th, 2010
    Posted at: 2:56 pm

    Hi siraj, no, not sure. cheapest i know is 35 per lot

    Hi DM, no

    Hi rashid, exit for now.

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