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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Comment pages: 262728293031323334Show all

  1. preeti Says:
    May 20th, 2010
    Posted at: 2:57 pm

    Hi CB, so its better to exit at 620??


  2. Ankur Says:
    May 20th, 2010
    Posted at: 2:58 pm

    Hi CB ,

    when the indian markets are going down when the europe is still .80% up.


  3. CB Says:
    May 20th, 2010
    Posted at: 2:58 pm

    Hi rashid, no

    Hi akila, will take some time to recover..

    Hi preeti, yes.


  4. krishh Says:
    May 20th, 2010
    Posted at: 2:58 pm

    hi CB


  5. CB Says:
    May 20th, 2010
    Posted at: 2:58 pm

    Hi Ankur, yes. maybe because we are below the 200dma


  6. CB Says:
    May 20th, 2010
    Posted at: 2:59 pm

  7. GURU Says:
    May 20th, 2010
    Posted at: 2:59 pm

    CAN I SHORT JINDAL STEEL OR JSW STEEL ?


  8. DM Says:
    May 20th, 2010
    Posted at: 2:59 pm

    Hi CB, Have bought educomp @ 582 a week back. Should i wait or avg it out


  9. Monali Says:
    May 20th, 2010
    Posted at: 2:59 pm

    Hi CB

    Can I buy ABAN OFFSHORE now.I've 5 shrs @ 1582.20


  10. CB Says:
    May 20th, 2010
    Posted at: 2:59 pm

    Hi GURU, no, not yet.

    Hi DM, no, dont avg it. for now hold it.


  11. CB Says:
    May 20th, 2010
    Posted at: 3:00 pm

    Hi Monali, no, dont avg it yet.


  12. Gitanjali Says:
    May 20th, 2010
    Posted at: 3:00 pm

    Hi CB, Thanks... shall leave the holdings be for now..... .


  13. CB Says:
    May 20th, 2010
    Posted at: 3:01 pm

    Hi Akash, not sure yet

    Hi Gitanjali, yes


  14. Monali Says:
    May 20th, 2010
    Posted at: 3:02 pm

    Hi CB

    Plz tell me dat at wat price shud I enter in it.


  15. rashid Says:
    May 20th, 2010
    Posted at: 3:02 pm

    hmmm,,,,,bounced


  16. smh Says:
    May 20th, 2010
    Posted at: 3:02 pm

    cb, can i buy jindal stainless power & steel now far intra

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