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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  1. CB Says:
    May 20th, 2010
    Posted at: 8:48 am

    Hi Mohit, one can enter at opening with sl at 4900

    Hi sandeep, yes, enter with sl at 1010

    Hi Gauri, no, not sure of the date..


  2. sandeep Says:
    May 20th, 2010
    Posted at: 8:48 am

    wht abt rcom bharti & idea as all news out so @cmp is these safe buy..??? Can go with there next month call option...???? Which is better in all three....???


  3. Anurag Says:
    May 20th, 2010
    Posted at: 8:49 am

    Hi CB... Do you suggest to buy ICICI Fut?

    And I short NIFTY @ 4925.. do you suggest to recover it today or wait?


  4. Lata Says:
    May 20th, 2010
    Posted at: 8:50 am

    ok chirag, thanku so much


  5. CB Says:
    May 20th, 2010
    Posted at: 8:50 am

    Hi sandeep, bharti can be bought..

    Hi Anurag, no, dont enter icici yet. hold the short for now.


  6. CB Says:
    May 20th, 2010
    Posted at: 8:50 am

    Hi Lata, most welcome.


  7. samir Says:
    May 20th, 2010
    Posted at: 8:51 am

    Hi...CB can i hold icici bank?????


  8. CB Says:
    May 20th, 2010
    Posted at: 8:52 am

    Hi samir, yes, hold it.


  9. samir Says:
    May 20th, 2010
    Posted at: 8:53 am

    thanx CB toady aney buy ye sell coll


  10. Lata Says:
    May 20th, 2010
    Posted at: 8:54 am

    chirag how is piramal health, can i enter it for a gain of 5-10 rs...


  11. CB Says:
    May 20th, 2010
    Posted at: 8:54 am

    Hi samir, one can enter jindal steel


  12. ttsathya Says:
    May 20th, 2010
    Posted at: 8:54 am

    Shorted Tata Mot fut @735. Holding ZEEl Fut Bt @303 & GSPL Fut Bt @ 96. Pl advice


  13. HSK Says:
    May 20th, 2010
    Posted at: 8:54 am

    Buy L&T at mkt opening ?


  14. samir Says:
    May 20th, 2010
    Posted at: 8:55 am

    sl and trg


  15. CB Says:
    May 20th, 2010
    Posted at: 8:55 am

    Hi Lata, yes, one can enter it.

    Hi ttsathya, tata motors can see 700. hold others.

    Hi HSK, no, not yet


  16. CB Says:
    May 20th, 2010
    Posted at: 8:56 am

    Hi samir, they are mentioned above: Buy Jindal Steel & power at 612-615, target: 632. Stoploss: 600

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