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: 9:13 am

    Hi rashid, around 4980-5000


  2. Deepak7791 Says:
    May 20th, 2010
    Posted at: 9:13 am

    GM CB

    Can SBI Go up from current levels? What levels can it see in two days?


  3. abhijith Says:
    May 20th, 2010
    Posted at: 9:14 am

    Hii CB. Pls suggest whether Nagreek exp can see 27 today i bought it at 26 now 24.


  4. CB Says:
    May 20th, 2010
    Posted at: 9:14 am

    Hi Deepak7791, yes, can see 2270

    Hi abhijith, yes, looks strong. hold it.


  5. preeti Says:
    May 20th, 2010
    Posted at: 9:16 am

    Hi CB, wht do u foresee??mkts holding on or going down??shld i exit some scripts cost to cost to free funds or jst hold on


  6. S.MAHESH Says:
    May 20th, 2010
    Posted at: 9:16 am

    Market may remain volatile; with negative bias, food inflation data 2 day.


  7. suzane Says:
    May 20th, 2010
    Posted at: 9:16 am

    Hi CB, what target in intraday for EKC and IVP ??


  8. CB Says:
    May 20th, 2010
    Posted at: 9:16 am

    Hi preeti, on rise, would advice to book profits.


  9. CB Says:
    May 20th, 2010
    Posted at: 9:17 am

    Hi Deepak7791, a bounce is likely it seems.


  10. CB Says:
    May 20th, 2010
    Posted at: 9:18 am

    Hi suzane, ekc can see 145. ivp can see 43.


  11. LEO Says:
    May 20th, 2010
    Posted at: 9:18 am

    Hi Cb........

    Relinfra @ opening touched 1061. the profit u gave .. can we expect that before expiry ..


  12. preeti Says:
    May 20th, 2010
    Posted at: 9:19 am

    Hi CB, thank you :)


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

    cb..............i booked profit @71 and now i want to re-enter it. where should i enter it?


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

    Hi LEO, yes. hold it.

    Hi preeti, most welcome.


  15. Manoj Says:
    May 20th, 2010
    Posted at: 9:21 am

    Whts the intra day pick? How is Bombay dyeing


  16. Raja Says:
    May 20th, 2010
    Posted at: 9:21 am

    Hi CB, Can I book profit HPCL @ cmp? thanks. Raja

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