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. Janvi Says:
    May 26th, 2010
    Posted at: 10:39 am

    Sir ji...i m holding MTNL..as u adivsed..what to do..continue my holding or exit.?
    my buying price is 56.90


  2. CB Says:
    May 26th, 2010
    Posted at: 10:39 am

    Hi cks, can see 720 in short term. has support at 670

    Hi suresh, its a hold

    Hi Shads, ok

    Hi DS, no, not yet

    Hi Reddy, yes, some upmove could come in


  3. CB Says:
    May 26th, 2010
    Posted at: 10:40 am

    Hi Janvi, hold it for some time.


  4. cks Says:
    May 26th, 2010
    Posted at: 10:40 am

    Thanks lot CB


  5. CB Says:
    May 26th, 2010
    Posted at: 10:40 am

    Hi cks, most welcome.


  6. sunil Says:
    May 26th, 2010
    Posted at: 10:43 am

    cb, can i short nifty at cmp with SL at 4900


  7. Shads Says:
    May 26th, 2010
    Posted at: 10:43 am

    Is there a settlement holiday tomorrow on account of buddha pournima? If yes, then wont I be able to sell my calls tomorrow?


  8. CB Says:
    May 26th, 2010
    Posted at: 10:44 am

    Hi sunil, lets wait for some time.

    Hi Shads, settlements are not for futures. its only in cash. ill still confirm though


  9. vikas Says:
    May 26th, 2010
    Posted at: 10:47 am

    i purchased bank of rajasthan at 161
    what is the intraday target


  10. skmishra Says:
    May 26th, 2010
    Posted at: 10:47 am

    Hi Shads, settlement is for cash only. btst/stbt in cash not possible.


  11. CB Says:
    May 26th, 2010
    Posted at: 10:49 am

    Hi vikas, may remain a bit flat today


  12. Anurag Says:
    May 26th, 2010
    Posted at: 10:50 am

    Hi CB.. shall I wait for Europe to book profit in NIFTY bought @4785 or book smwhere around 4880


  13. S.MAHESH Says:
    May 26th, 2010
    Posted at: 10:50 am

    BSE Holidays 2010 / NSE Holidays 2010
    Day Date Holiday
    Friday 1st January 2010 New Year
    Tuesday 26th January 2010 Republic Day
    Friday 12th February 2010 Mahashivratri
    Monday 1st March 2010 Holi (2nd Day)
    Wednesday 24th March 2010 Ram Navmi
    Friday 2nd April 2010 Good Friday
    Wednesday 14th April 2010 Dr. Babasaheb Ambedkar Jayanti
    Friday 10th September 2010 Ramzan Id
    Friday 5th November 2010 Diwali Amavasya (Laxmi Puja)
    Wednesday 17th November 2010 Bakri-Id
    Friday 17th December 2010 Moharum


  14. CB Says:
    May 26th, 2010
    Posted at: 10:51 am

    Hi Anurag, yes, for now hold it. keep trailing sl at 4850


  15. Vishal Says:
    May 26th, 2010
    Posted at: 10:53 am

    Hi CB, Can we short Grasim for intraday at CMP


  16. Prags Says:
    May 26th, 2010
    Posted at: 10:53 am

    Hey CB,
    What will be the target for Kotak Mahindra? Thanks :)

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