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. prashant Says:
    May 21st, 2010
    Posted at: 8:07 pm

    Thanx a lots will exit it on Monday for any rise


  2. sr Says:
    May 21st, 2010
    Posted at: 9:00 pm

    what a massive comeback in US indexes from -1.5% to +1%..... :-)
    I hope they remain in this bullish mode all day long.


  3. CB Says:
    May 21st, 2010
    Posted at: 9:17 pm

    Hi dd, guess was a ffash

    Hi ramsingh, can add 5-6rs

    Hi Ankur, most welcome

    Hi nalini, go with ifci, axis bank and cairn india

    Hi ram, hold it for 1-2 months. will recover back

    Hi Shekhar, gail sl around 448.itc around 259

    Hi prashant, most welcome..

    Hi sr, yes, some recovery seen


  4. siraj Says:
    May 21st, 2010
    Posted at: 9:33 pm

    hai cb

    can unitech test 65 on monday

    thankx


  5. VJ Says:
    May 21st, 2010
    Posted at: 9:42 pm

    Hi CB, I have 4800 may nifty put 6lot at 45rs,wat should i do,shall wait this expiry or square off?pls reply me


  6. prashant Says:
    May 21st, 2010
    Posted at: 10:04 pm

    Dear Sir i have brought BSEL infrastrucutre realty stocks on abundance @ 16 Rs

    and now its tending to its lowest peaks i have brought it on a long term basis

    i am ready to wait for another six months will it recover please guide me


  7. amit Says:
    May 21st, 2010
    Posted at: 10:13 pm

    Hi Ram M, ya get out of short at 4825,doubting of short covering,,,lets short again on monday rise


  8. rashid Says:
    May 21st, 2010
    Posted at: 10:14 pm

    can we go short on monday


  9. CB Says:
    May 21st, 2010
    Posted at: 10:36 pm

    Hi siraj, seems will remain a bit flat.

    Hi VJ, for now hold it. keep sl at 4980

    Hi prashant, yes, will need to hold it longer. fundamentally looks ok. should recover once markets settle.

    Hi rashid,yes.


  10. HITESH Says:
    May 21st, 2010
    Posted at: 10:59 pm

    hi cb wht u say abt ifci


  11. rohit Says:
    May 21st, 2010
    Posted at: 11:30 pm

    hi cb

    at what levels i can go short in GAIL and ITC on monday...........


  12. Kartik Says:
    May 21st, 2010
    Posted at: 11:57 pm

    Hi HITESH, has strong support at 49. if holds onto it in this fall, can head upto 58

    Hi rohit, gail looks strong, dont go short on it yet. itc is a good buy above 275.


  13. Kartik Says:
    May 21st, 2010
    Posted at: 11:58 pm

    Hi VJ, hold it. keep it for couple of months. fundamentally nothing wrong. will recover back.


  14. VJ Says:
    May 22nd, 2010
    Posted at: 12:07 am

    What is the investment call for short term in this bear market ?


  15. VJ Says:
    May 22nd, 2010
    Posted at: 12:08 am

    How do you see, metals, plastic products and finance companies for investment ?

    Companies like

    Jindal Steel, nilkamal, supremeind, kemrock etc...


  16. CB Says:
    May 22nd, 2010
    Posted at: 12:08 am

    Hi VJ, sun pharma looks good.. can see 1650 in short temr

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