Quotes with Resistance & Support
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Intraday calls for 24-05-10

Posted on: May 24th, 2010 at 8:19 am

Markets likely to see a gap up opening. Resistance for nifty is at 5000 and support at 4850

Buy Allahabad Bank at 156.75, target: 162. Stoploss: 153
Buy Dewan Housing at 219.85, target: 227. Stoploss: 214. (book at 225)

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616 Responses

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  1. CB Says:
    May 25th, 2010
    Posted at: 7:49 am

    Hi Kb, Good morning.

    Hi sanzy, Good morning. good day. no, dont go long on nifty yet.. as of now no new call.


  2. CB Says:
    May 25th, 2010
    Posted at: 7:50 am

    Hi pankaj, wait for some more time. keep a trailing sl of 20-25points.


  3. rashid Says:
    May 25th, 2010
    Posted at: 7:50 am

    can i take nifty at opening for a 20 point gain


  4. Pradeep Says:
    May 25th, 2010
    Posted at: 7:51 am

    Hello CB


    Gud Mrning


  5. CB Says:
    May 25th, 2010
    Posted at: 7:56 am

    Hi rashid, no, dont go long yet.

    Hi Pradeep, Good morning.


  6. Pradeep Says:
    May 25th, 2010
    Posted at: 8:01 am

    Hi CB

    Will there be gap down of 30-40 pts today? and any chance of recovery late afternoon


  7. CB Says:
    May 25th, 2010
    Posted at: 8:10 am

    Hi Pradeep, yes. if holds onto previous panic low of 4840 then can see some bounce.


  8. Kb Says:
    May 25th, 2010
    Posted at: 8:15 am

    Hi CB,

    Cb, when u wakes up?? u sleeps at 2 am ... dont miss sleep .. sleep at least 5-8 hours a day ..


  9. jame Says:
    May 25th, 2010
    Posted at: 8:18 am

    Hi CB good morning,
    Waiting for your intraday calls and shall i subscribe for SCB IDR price is set between 110 and 115


  10. Kiru Says:
    May 25th, 2010
    Posted at: 8:18 am

    I hold DLF 280 CA june month at Rs 12 present rate was Rs 9.50 shall i hold for june expiry will i able to come out in profit.


  11. CB Says:
    May 25th, 2010
    Posted at: 8:23 am

    Hi Kb, yes.. take a nap in the noon..

    Hi jame, Good morning. no, not really sure about it..

    Hi Shipra, go with sun pharma for now. will need to hold for some time since markets are not really doing much for quite some time. enter in june series.

    Hi Kiru, for now would advice to exit on any rise.


  12. Kb Says:
    May 25th, 2010
    Posted at: 8:23 am

    yesterday " FIIs sold $210 mn in Cash while Domestic Institutional Investors bough $235 mn in Cash and yet, the net result was that the Nifty lost 90 points from day's high " from bloom berg


    See FII are the market movers. .


  13. A.SHANMUGAM Says:
    May 25th, 2010
    Posted at: 8:27 am

    hai cb , yesterday i am bought in [email protected] give me a target for one month.& stoploss


  14. CB Says:
    May 25th, 2010
    Posted at: 8:29 am

    Hi A.SHANMUGAM, can see 38. keep sl at 32


  15. Naveen Says:
    May 25th, 2010
    Posted at: 9:37 am

    HI Cb,

    Idfc looks good, as it as reached the support of 145, can we invest in it?

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