Quotes with Resistance & Support
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Intraday calls for 21-05-10

Posted on: May 21st, 2010 at 8:20 am

Markets likely to see a gap down opening. Support for nifty is at 4820.

Buy Sun Pharmaceuticals Industries Ltd on dips with Stoploss at 1530

2.59pm – Btst – buy aban offshore at 677 target 693. stoploss: 658 (trade in small quantity)

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745 Responses

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  1. rsk Says:
    May 21st, 2010
    Posted at: 4:05 pm

    hi cb.. can i buy RENUKA SUGARS for LONG TERM? whats the target? is it will double in year?


  2. suzane Says:
    May 21st, 2010
    Posted at: 4:10 pm

    Hi Kartik, can u plz tell me what should be my sell order price in Pirhealth on monday ?? Will it cover to 600 back tommorow with 10-15% recovery as it was in uptrend but i think felt due to abbolt ??
    Whats ur vision on it ??
    Can i be able to cross and sell at 600+ level ??
    If yes than its ok, but if no what should be my sell order price ??


  3. Souvik Says:
    May 21st, 2010
    Posted at: 4:11 pm

    Sir, GE. What will be best price for SEL & renuka for long term?


  4. KV Says:
    May 21st, 2010
    Posted at: 4:36 pm

    Hi CB/Karthick,

    I thought of investing in BGIL now....what u say?is it good for future returns?


  5. uniyal Says:
    May 21st, 2010
    Posted at: 4:46 pm

    Hi CB/Kartik Sir, There are all nagative news from global, but market recovered today little bit. What you think about monday opening, will market open positive or in red again.


  6. Ankur Says:
    May 21st, 2010
    Posted at: 4:57 pm

    Can anybody guide me how to carry forward my positions.


  7. S.MAHESH Says:
    May 21st, 2010
    Posted at: 6:31 pm

    GE


  8. prashant Says:
    May 21st, 2010
    Posted at: 6:42 pm

    Dear Sir I do have 9000 stocks of DCM financial services which i had brought @ 4 Rs

    now the share value has gone to 6.25Rs today and dropped down to 5.70 Rs so shall i

    sell the stocks on Monday or shall i hold it if i can get 7 Rs a share

    please guide me as soon as possible


  9. dd Says:
    May 21st, 2010
    Posted at: 7:09 pm

    Hi CB, NASDAQ down by 6%, whats going there?


  10. ramsingh Says:
    May 21st, 2010
    Posted at: 7:09 pm

    Hai Kartik!
    What is the monday target price for Talwalkar.Please suggest.


  11. Shereef Says:
    May 21st, 2010
    Posted at: 7:12 pm

    Hello S. MAHESH,

    See the Europe and DOW future heading..... to make another gap down on monday.

    Today Europe indices made NIFTY shortcovering and made all intraday shorts in loss.

    What do you feel ?

    Regards,
    Shereef.


  12. Kartik Says:
    May 21st, 2010
    Posted at: 7:12 pm

    Hi rameshbhole, dont add more of it yet, wait for some more time

    Hi Ankur, its done by selling in the current month, and entering the same contract for the next month

    Hi suzane, Piramal Healthcare to sell its domestic formulations business to Abbott Laboratories, caused it to see some downside today, it might see some recovery on Monday, if possible hold it for Short term, the company looks strong fundamentally

    Hi Souvik, you may enter them at CMP, they can add 70-80% in 1-2 years time

    Hi S.MAHESH, Good evening

    Hi uniyal, we saw a temporal pullback today, we might see some upmove on Monday, if U.S markets trades strong today

    Hi KV, yes, you may consider investing in it for Long term, it can do well

    Hi prashant, its last traded price seems to be 6.12, fundamentally DCM Financial Services Ltd is a weak bet, it has been posting losses for the past few years, book profit in it on Monday on any rise

    Hi test, Market now look weak, as Global ques too, dont enter anything yet, hold your PUT for 2-3 days time, its likely to see some upmove


  13. Ankur Says:
    May 21st, 2010
    Posted at: 7:14 pm

    Thanks Kartik


  14. nalini Says:
    May 21st, 2010
    Posted at: 7:53 pm

    good evening iwant invest sip for 2 years which fund best for sip toinvest now advice and guide thank u sir


  15. ram Says:
    May 21st, 2010
    Posted at: 8:01 pm

    cb tell me about selmfg bought 3000 around 85.... will i get my money back .how much time should i wait as i kept about 70% portfolio in sel.....


  16. Shekhar Says:
    May 21st, 2010
    Posted at: 8:04 pm

    Hi Kartik! What should be the target and Stop Loss for ITC and GAIL for Monday?

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