Quotes with Resistance & Support
Market Information

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. uniyal Says:
    May 22nd, 2010
    Posted at: 1:48 pm

    Hi suzane, from where you got europen package news, and how much package given, plz give me detail.


  2. CB Says:
    May 22nd, 2010
    Posted at: 1:48 pm

    Hi paresh doshi, aban has strong support at 650. may hold onto it. rnrl can see 42-44 in short term. they are unlikely to follow techncials since they are giving a news based move


  3. uniyal Says:
    May 22nd, 2010
    Posted at: 1:49 pm

    But CB sir, if there are no buyer till expiry then will i receive my money back or not. (in call option)


  4. CB Says:
    May 22nd, 2010
    Posted at: 1:52 pm

    Hi uniyal, your broker should be able to square it off at the last traded price.


  5. suzane Says:
    May 22nd, 2010
    Posted at: 2:35 pm

    Hi uniyal, duuno exact detail but will surely inform u in few hours


  6. suzane Says:
    May 22nd, 2010
    Posted at: 2:44 pm

    Hi CB, the way pirhealth fell down do u think it will recover back at the same speed on monday ?? coz this is the largest loss in my trading life journey ... I bought 1000 shares at 591 and had average 100 - 100 at around 10-15 rupees difference something average is 579-585 .... Will it recover back in a day or two ???
    I think coz that was new based fall and not technical ... So it should recover back ... whats ur vision in it ??
    am still holding it with intraday loss of 75-80 k ...... This is the larget money i lost in intraday with the hope that it will recover back
    Plz guide me what to do ??
    I cant even take its delivery as my dad wont allow me for such amount ... What to do ?? How much down side can it go further :(


  7. CB Says:
    May 22nd, 2010
    Posted at: 3:27 pm

    Hi suzane, yes. there is lot of rumors circulating this stock. open offer and all. markets are likely to open positive on monday. it should see some bounce after this fall.


  8. rashid Says:
    May 22nd, 2010
    Posted at: 3:31 pm

    cb ,,is crisis resolved temporarily,,with german package..short at 4880 on nifty,,if nifty closes above 200 dma in 2 -3 days ,then we may see 5160..........

    should i exit short on some decline


  9. swapnil Says:
    May 22nd, 2010
    Posted at: 3:31 pm

    hi i have rcom 1 lot exp 27 th may @ 142 wat shud i do??? book loss or wait fr the coming week???


  10. CB Says:
    May 22nd, 2010
    Posted at: 3:36 pm

    Hi rashid, no, hold onto it. maybe see a small bounce after the recent fall. as of now will face selling near 4970-5000 levels.

    Hi swapnil, its come down quite a bit. for now hold it. can see some bounce from here.

    Hi amit, yes.


  11. rashid Says:
    May 22nd, 2010
    Posted at: 3:37 pm

    my view is that if euro continues fall ,we may see further correction,,,,,euro likely to see a bounce......seeking your view


  12. VIVEK Says:
    May 22nd, 2010
    Posted at: 3:53 pm

    HI..!

    I HAVE 25 SHARES OF BHARTI AIRTEL @ 297

    WHAT SHULD I DO ....?

    WAIT OR EXIT.....


  13. jay Says:
    May 22nd, 2010
    Posted at: 4:23 pm

    CB,
    Should i buy Rcom 1 lot at current price, it is good or wait for some more downside?


  14. jintem Says:
    May 22nd, 2010
    Posted at: 4:29 pm

    hi good evening
    should i hold 4800 pe or sell in opening


  15. CB Says:
    May 22nd, 2010
    Posted at: 4:50 pm

    Hi rashid, yes. will see more correction if that happens

    Hi VIVEK, hold it. keep it for a months time. will recover

    Hi jay, wait for some more time

    Hi jintem, Good evening. yes, hold onto it.


  16. jintem Says:
    May 22nd, 2010
    Posted at: 4:56 pm

    thank you CB

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