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Intraday calls for 20-05-10

Posted on: May 20th, 2010 at 8:25 am

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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: 28 29 303132 33 34 35 36 Show all

CB Says:
May 20th, 2010
Posted at: 3:12 pm
Hi suzane, it may remain a bit weak. market too may remain flat.
Hi Deepak7791, not really sure yet
Hi preeti, yes. if global markets remain weak, we can see 4800-4850
CB Says:
May 20th, 2010
Posted at: 3:12 pm
Hi Akash, no not now.
Gitanjali Says:
May 20th, 2010
Posted at: 3:12 pm
OK.. Thanks cb.. I may do so each day , even if u folks are not around ...for these few days ..when it settles finally shall stay long till expiry..
luckvijay Says:
May 20th, 2010
Posted at: 3:12 pm
HI SIR, TODAYS NIFT CLOSING PLZ?
CB Says:
May 20th, 2010
Posted at: 3:13 pm
Hi Gitanjali, ok
Hi luckvijay, around 4940-4950
Deepak7791 Says:
May 20th, 2010
Posted at: 3:13 pm
I have bought 1200 shares of Maruti Avg at 1213. Shall i carry it forward for tomorrow. In Huge loss now
Ankur Says:
May 20th, 2010
Posted at: 3:14 pm
Hi CB,
I'm holding Nifty bought at 4960 and reliance at 1030.What should i do/Should i sell or keep holding as now US futures have also gone into negative.
CB Says:
May 20th, 2010
Posted at: 3:15 pm
Hi Akash, no, not yet
Hi Deepak7791, yes. for now hold it.
preeti Says:
May 20th, 2010
Posted at: 3:16 pm
Hi CB, jindal steel bk at 626
jeetu Says:
May 20th, 2010
Posted at: 3:16 pm
hi CB holding 1 lot shot l & t @ 1630 , can hold ??
CB Says:
May 20th, 2010
Posted at: 3:16 pm
Hi Ankur, for nifty keep sl near 4900. reliance is a hold.
CB Says:
May 20th, 2010
Posted at: 3:16 pm
Hi preeti, yes.
Hi jeetu, hold it for now.
krishh Says:
May 20th, 2010
Posted at: 3:16 pm
hi cb, why bgr energy moving so up and down?
what is its upper and lower barriers?
Gitanjali Says:
May 20th, 2010
Posted at: 3:17 pm
Hi preeti, our economy is doing better comparatively... It will attract/beckon more to invest.. going forwards ..it may be lush green... as against the crimson now ... Have a nice evening !!
CB Says:
May 20th, 2010
Posted at: 3:17 pm
Hi krishh, has resistance at 630. above this can add 7-10% downside support is at 570
CB Says:
May 20th, 2010
Posted at: 3:18 pm
Hi Abhinav, sorry! orchid looks weak
Hi Gitanjali, yes..