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: 2345678910Show all

  1. shiva Says:
    May 20th, 2010
    Posted at: 9:04 am

    can i by accel frontline?


  2. CB Says:
    May 20th, 2010
    Posted at: 9:05 am

    Hi Suresh M, yes, as of now continue to hold onto them

    Hi Ram M, yes.


  3. Lata Says:
    May 20th, 2010
    Posted at: 9:05 am

    hi chirag, how will zandu perform today


  4. Anurag Says:
    May 20th, 2010
    Posted at: 9:05 am

    CB.. I have 2 Bank CNXBAN @ 9300 level do you suggest to avg it in downside or wait for gain?


  5. CB Says:
    May 20th, 2010
    Posted at: 9:06 am

    Hi shiva, not yet

    Hi Lata, no, not really sure about it.


  6. Milu Says:
    May 20th, 2010
    Posted at: 9:06 am

    any information on tatasteel..does it goes further up? please provide it's stoploss and upper margin or lower margin for today


  7. sandeep Says:
    May 20th, 2010
    Posted at: 9:07 am

    cb...........i'm holding ONGC 1050 CALL @5 and now its trading @50. wat to do? should i book profit or hold on to it, if so wats the stoploss for it?


  8. S.MAHESH Says:
    May 20th, 2010
    Posted at: 9:07 am

    I exited my position in PIRHEALTH at 540


  9. Anurag Says:
    May 20th, 2010
    Posted at: 9:07 am

    Do you suggest to SHORT one NIFTY around 4960?


  10. shiva Says:
    May 20th, 2010
    Posted at: 9:08 am

    can i buy zandu realty for intraday?


  11. CB Says:
    May 20th, 2010
    Posted at: 9:08 am

    Hi Anurag, dont avg it yet..as of now hold it.

    Hi Milu, can see 526. keep sl at 513


  12. kaushik Says:
    May 20th, 2010
    Posted at: 9:08 am

    Good morning CB/karitk
    Sir after news of merger of rajeshtan bank with icici bank and 3G auticon won by bhartii airtel what is your view on both shares regarding hold/buy/sell?
    Please advise.

    Thank you


  13. CB Says:
    May 20th, 2010
    Posted at: 9:09 am

    Hi sandeep, for now book profits in it

    Hi Anurag, yes. around 5000

    Hi shiva, not sure about it.


  14. NSE_Trader Says:
    May 20th, 2010
    Posted at: 9:09 am

    Hi CB,
    can i avg. educomp at 560, earlier bought at 650
    thanks


  15. CB Says:
    May 20th, 2010
    Posted at: 9:10 am

    Hi kaushik, bank of raj has rallied quite a bit. bharti can be bought for short term.

    Hi NSE_Trader, yes.


  16. rashid Says:
    May 20th, 2010
    Posted at: 9:11 am

    whats level to short 4970??

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