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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Comment pages: 313233343536373839Show all

  1. Pradeep Says:
    May 24th, 2010
    Posted at: 4:05 pm

    Hi CB,

    Will the market open in red tommorow and wats ur target till expiry?

    Thanks


  2. CB Says:
    May 24th, 2010
    Posted at: 4:08 pm

    Hi Kb, ok. will do

    Hi SABIR, yes. enter a put and hold the long with sl at 488

    Hi Pradeep, yes. seems so. by expiry can see 4850


  3. CB Says:
    May 24th, 2010
    Posted at: 4:09 pm

    Hi Akash, Yes. likely to see it. hold it.


  4. JAS Says:
    May 24th, 2010
    Posted at: 4:10 pm

    hi cb what is your view of bottom of this correction


  5. Gitanjali Says:
    May 24th, 2010
    Posted at: 4:42 pm

    Hi CB, Thanks for all the help...Wish everyone a nice evening.


  6. smh Says:
    May 24th, 2010
    Posted at: 4:45 pm

    KARTIK/CB HOLDING RNRL WITH PURCHASE PRICE 78 CAN I GET MY COST BACK SHOULD I HOLD OR EXIT @ 60-62


  7. DS Says:
    May 24th, 2010
    Posted at: 4:47 pm

    Dear CB,

    Many thanks for replying....but if markets go down further what is the lowest possible target that both On Mobile and Pantaloons can achieve?


  8. Ravi Says:
    May 24th, 2010
    Posted at: 4:51 pm

    Ok Thanks


  9. Ravi Says:
    May 24th, 2010
    Posted at: 5:10 pm

    Hi CB, Holding 5100 put May series at 168. Will it be risky to hold till wednesday?
    Also if I hold wat target it can achieve?


  10. nitin Says:
    May 24th, 2010
    Posted at: 5:13 pm

    hi cb educomp rose 25/- and closed in red same with market what was the news today and how much can aban offshore and jindal saw see on down side


  11. Ravi Says:
    May 24th, 2010
    Posted at: 5:27 pm

    hi cb shoul i buy 5100 put may series tommrrow @ CMP ??


  12. stalin Says:
    May 24th, 2010
    Posted at: 5:27 pm

    hai mate...what do u see in relinfra and jswsteel for 2morrow...wil it be flat...or wil it go down frm here


  13. abc Says:
    May 24th, 2010
    Posted at: 6:32 pm

    Hi CB,

    Is it a good time to purchase Wipro and ITC for bonus shares or shall I wait


  14. Kartik Says:
    May 24th, 2010
    Posted at: 6:42 pm

    Hi JAS, we might see some consolidation around 4850-4900 for some time, and them make a mover upwards

    Hi Akash, ok, lets hope for the best

    Hi Gitanjali, most welcome, same to you

    Hi smh, hold it for 3-4 months time, it can see 75+ levels

    Hi DS, they might bottom out 6-8% from CMP

    Hi Ravi, yes, hold it, it can add another 20-30%

    Hi Ravi, Educomp can do well in the Short run, hold it for some time, Jindal Saw and Aban Offshore can add 10-15% in a months time, hold them

    Hi stalin, they are likely to trade flat tomorrow

    Hi abc, it would be better to wait for the Markets to settle


  15. Akshay Says:
    May 24th, 2010
    Posted at: 6:49 pm

    Hi cb/karthik,Gud evng.pls give me two or three stocks which can yield atleast 100% return in 10 to 12 months.


  16. ramsingh Says:
    May 24th, 2010
    Posted at: 7:08 pm

    Hai Kartik!
    What about tommorrow target for Talwalkar.Please suggest.

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