Quotes with Resistance & Support
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Intraday calls for 26-05-10

Posted on: May 26th, 2010 at 8:21 am

Markets likely to open slightly higher. Resistance for nifty is at 4880 and support at 4780.

Buy Redington India Ltd at 391.10, target: 405. Stoploss: 384 – (book profits at 402)
Buy Mahanagar Telephone Nigam Ltd (MTNL) at 55.90, target: 58. Stoploss: 54.50

BTST NOT ALLOWED TODAY. THAT IS, STOCKS BOUGHT TODAY CANNOT BE SOLD TOMORROW – MARKETS WILL TRADE AS NORMAL

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648 Responses

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  1. Mayur Says:
    May 26th, 2010
    Posted at: 8:23 am

    Good Morning Sir ji.... :-)


  2. CB Says:
    May 26th, 2010
    Posted at: 8:24 am

    Hi Mayur, Good morning..


  3. jame Says:
    May 26th, 2010
    Posted at: 8:25 am

    thnx a lot CB.
    Looking at the current market situation i think its nota good idea to invest in SCB IDR.


  4. CB Says:
    May 26th, 2010
    Posted at: 8:26 am

    Hi jame, most welcome.. yes. as of now best to stay in cash


  5. Mayur Says:
    May 26th, 2010
    Posted at: 8:26 am

    CB Sir, See i m very punctual these days... :-)
    Market seems to have some short recovery from now...!!!


  6. CB Says:
    May 26th, 2010
    Posted at: 8:27 am

    Hi Mayur, :) yes..a small bounce is likely


  7. ridam Says:
    May 26th, 2010
    Posted at: 8:28 am

    can i enter srei infra ? pl advise..


  8. CB Says:
    May 26th, 2010
    Posted at: 8:29 am

    Hi ridam, enter in smal quantity with sl at 78


  9. Shipra Says:
    May 26th, 2010
    Posted at: 8:30 am

    Hi CB...what about selman..and suzlon...i am having them at 73 and 110..
    when will they rise to my CP atleast..its already been almost more then 2 months?

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