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Intraday calls for 21-05-10

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

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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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Shipra Says:
May 22nd, 2010
Posted at: 8:26 pm
Hi Cb..the above question is from Shipra and not abc ...my brother changed it to abc..
CB Says:
May 22nd, 2010
Posted at: 8:40 pm
Hi ramsingh, it looks weak. can come down by another 5-7%
Hi abc, ok :). thats fine. stop loss is also imp in trades. go with itc or sunpharma for now. markets are likely to see selling pressure on rise.
aditya Says:
May 22nd, 2010
Posted at: 9:37 pm
thanx for reply CB sir and can u plz suggest the way the support and resistance levels are calculated.
CB Says:
May 22nd, 2010
Posted at: 9:41 pm
Hi aditya, sure. ill email you
aditya Says:
May 22nd, 2010
Posted at: 9:43 pm
THANX A LOT SIR
Gitanjali Says:
May 22nd, 2010
Posted at: 9:49 pm
Hi CB, Thanks CB for the article..
Very sad this tragedy occurred.. Air India Express Flight 812 crashes with more than 160 people aboard while attempting to land in Mangalore,
may we pray for ..the peace of the departed souls..
May the families have the strength to overcome the tragedy..
For those who wd like to know more of this beautiful place....http://en.wikipedia.org/wiki/Mangalore
CB Says:
May 22nd, 2010
Posted at: 9:50 pm
Hi aditya, most welcome.
CB Says:
May 22nd, 2010
Posted at: 9:50 pm
Hi Gitanjali, yes. was very saddening..may their souls rest in peace..
Gitanjali Says:
May 22nd, 2010
Posted at: 9:52 pm
Hi CB, Thanks again..
CB Says:
May 22nd, 2010
Posted at: 10:19 pm
Hi Gitanjali, most welcome.
ARUN BJ Says:
May 22nd, 2010
Posted at: 10:28 pm
cb as your suggess i keep stop loss 326 for ioc it was triggered ... in friday evening it went up 332 ... can it move up ..
ARUN BJ Says:
May 22nd, 2010
Posted at: 10:36 pm
cb whats your view on 500500 technically .. i am holding at 21 level can i average ...
CB Says:
May 22nd, 2010
Posted at: 11:16 pm
Hi ARUN BJ, yes. has strng resistance at 340. will do well once crosses it.hind motors looks a bit weak. dont enter it yet
CB Says:
May 22nd, 2010
Posted at: 11:16 pm
Hi pankaj, sure, shall email right away
pankaj Says:
May 22nd, 2010
Posted at: 11:22 pm
my condolences to loved ones of victims of manglore mishap. also i strong recommend that those responsible for the mishap, if any, be punished severly for their guilt.
pankaj Says:
May 22nd, 2010
Posted at: 11:24 pm
thanx a lot cb, i got it.