Quotes with Resistance & Support
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Intraday calls for 22-05-09

Posted on: May 22nd, 2009 at 9:38 am

Markets likley to open flat.

Buy Rolta at 109, target: 117. Stoploss: 106

If markets show weakness later during the day, short sell: Aban Offshore

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57 Responses

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  1. Muralikrishnan V Says:
    May 23rd, 2009
    Posted at: 8:10 pm

    hello cb sir, Please add me to yahoo messenger [email protected].
    I want to know the target of ICSA and any good stock to buy.
    How about Jindal saw can I buy now. Please advise. thanks.


  2. chandan Says:
    May 23rd, 2009
    Posted at: 9:35 pm

    i have bougth rajesh exports 2000 shares at 41.60.
    What is the future of this share should i hold it or sell it


  3. CB Says:
    May 23rd, 2009
    Posted at: 11:42 pm

    Hi Muralikrishnan V, sure.. ICSA definitely is a good buy.. but I would advice to wait for a dip. It is facing some resistance 180 levels. Jindal saw is also a buy on dips

    Hi chandan, Rajesh exports is a hold. Export business is likely to improve in a months time.. it has a target of 50-53


  4. Ronny Says:
    May 24th, 2009
    Posted at: 1:11 am

    Hi CB,

    My question(posed earlier) may have been lost during the transitioning....
    What's your call on IRB? I brought 1000 shares at 139.70 and now it is trading at 136.
    Does your expertise advise to sell it on Monday or should I hold it and expect some rise?


  5. CB Says:
    May 24th, 2009
    Posted at: 2:27 am

    Hi Ronny, IRB is a hold..it posted very good results this time. Technically some resistance at 144-150 above this it can touch 175


  6. Muralikrishnan V Says:
    May 24th, 2009
    Posted at: 10:09 am

    good morning cb sir, .
    any good stock for monday. .
    icsa 200 dma is 173; I think it is trying to breach past 173 for a higher target.
    regards and thanks for your reply.


  7. Himadri Saha Says:
    May 24th, 2009
    Posted at: 10:17 am

    Hi CB Sir,

    Please add me in your yahoo msngrn frnd list....


  8. CB Says:
    May 24th, 2009
    Posted at: 11:35 am

    Hi Muralikrishnan V, Good morning.. still looking for stocks for Monday.. yes. above 173 it can add 7-10rs.

    Hi Himadri Saha, i am not usally online on yahoo.. do u have a gmail id? my id is [email protected]


  9. Sunil Says:
    May 24th, 2009
    Posted at: 1:28 pm

    What does Pivot point mean in technical analysis of any charts.
    thanks in advance.


  10. prasad Says:
    May 24th, 2009
    Posted at: 1:37 pm

    Sir what about monday call s can u give ur phone no


  11. CB Says:
    May 24th, 2009
    Posted at: 1:51 pm

    Hi Sunil, this might help: http://en.mimi.hu/stockmarket/pivot_point.html

    Hi prasad, not yet sure about calls for tomorrow.will let you know soon. I have emailed you..


  12. Sunil Says:
    May 24th, 2009
    Posted at: 1:59 pm

    Thanks a lot CB Sir.


  13. prasad Says:
    May 24th, 2009
    Posted at: 2:07 pm

    Sir can u tell me wire & wire i have 1000 shares @20/-


  14. CB Says:
    May 24th, 2009
    Posted at: 2:18 pm

    Hi Sunil, most welcome

    Hi prasad, technically it faces resistance at 24.. it can move upto 22-23 where it might see selling pressure come in..


  15. TARUN Says:
    May 24th, 2009
    Posted at: 2:26 pm

    hi CB, wat about satyam. why did it rise ?? wat abt the future course after buy back ?


  16. rizwan Says:
    May 24th, 2009
    Posted at: 3:23 pm

    hi cb iam still holding relinfra 100 @990 will u kindly ssay me that i sld hold it for a better price or sold it

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