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. Kb Says:
    May 24th, 2010
    Posted at: 10:28 am

    Hi CB, cb, what is this trailing stoploss??


  2. CB Says:
    May 24th, 2010
    Posted at: 10:28 am

    Hi GURU, around 1520


  3. sanzy Says:
    May 24th, 2010
    Posted at: 10:28 am

    why is Nifty futures is in discount


  4. CB Says:
    May 24th, 2010
    Posted at: 10:28 am

    Hi raj, lic is a good buy near 920. not sure of bajaj auto


  5. CB Says:
    May 24th, 2010
    Posted at: 10:29 am

    Hi Kb, a level where you can book profits if stocks starts to correct a bit.

    Hi sanzy, overall markets are still looking a bit weak.


  6. dak Says:
    May 24th, 2010
    Posted at: 10:29 am

    Hi CB - whats your take on icici bank ? is it a good buy at this level - or should one buy a call option?


  7. Chandu Says:
    May 24th, 2010
    Posted at: 10:29 am

    Hi CB,

    Iam holding REI agro @ 52. It is currently trading @41. What is the short term target for this stock. They are coming up with rights issue shortly. Is this a positive development? Please throw some light on this stock.

    Regards,
    Chandu


  8. CB Says:
    May 24th, 2010
    Posted at: 10:30 am

    Hi dak, no, dont enter it yet.

    Hi Chandu, yes, hold it. with good monsoon expected, should do well in short term


  9. nats Says:
    May 24th, 2010
    Posted at: 10:30 am

    Hi
    Can i buy Reliance Industrial Infrastructure


  10. manmin Says:
    May 24th, 2010
    Posted at: 10:31 am

    hi cb , can you tell me a website where i can see real time intraday charts( candlestick, bar etc) of nse stocks with indicators for free?


  11. maddy Says:
    May 24th, 2010
    Posted at: 10:31 am

    CB, On Aban offsore "its seeing some short covering. has some resistance near 714."
    So it is good to buy or short ,sorry, i do not understand your comment.


  12. CB Says:
    May 24th, 2010
    Posted at: 10:31 am

    Hi Gitanjali, welcome. lets see. maybe markets remain a bit positive today

    Hi manmin, no, not really sure of any


  13. sanzy Says:
    May 24th, 2010
    Posted at: 10:32 am

    there is some PM press conference


  14. CB Says:
    May 24th, 2010
    Posted at: 10:32 am

    Hi maddy, yes, some short covering is coming in. you can hedge your short with a call

    Hi sunil, yes.


  15. CB Says:
    May 24th, 2010
    Posted at: 10:32 am

    Hi sanzy, ok


  16. CB Says:
    May 24th, 2010
    Posted at: 10:32 am

    ill be back in some time.

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