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. nitin Says:
    May 26th, 2010
    Posted at: 10:54 am

    hi cb markets are 200+ than also why jindal saw, aban and educomp not going up. Can jindal saw see 190 today


  2. AK Says:
    May 26th, 2010
    Posted at: 10:56 am

    HI CB I have MARUTI 1200 MAY CALL@12, PL suggest what to do


  3. CB Says:
    May 26th, 2010
    Posted at: 10:56 am

    Hi Vishal, no, not sure

    Hi Prags, can see 738 today

    Hi nitin, yes.it can see 188. hold it. others will recover in 1-2 days.


  4. CB Says:
    May 26th, 2010
    Posted at: 10:56 am

    Hi AK, hold it. can see 1225


  5. S.MAHESH Says:
    May 26th, 2010
    Posted at: 10:56 am

    I am taking a brake


  6. AK Says:
    May 26th, 2010
    Posted at: 10:57 am

    thanks


  7. Shads Says:
    May 26th, 2010
    Posted at: 10:57 am

    Hi skmishra, thanks!


  8. abhijith Says:
    May 26th, 2010
    Posted at: 10:58 am

    Hiii CB. Pls suggest whether JUBL FOODS can see 280 today


  9. Bhuvaneswari Says:
    May 26th, 2010
    Posted at: 10:58 am

    Hi CB,
    What is the target for
    1. JSW steel
    2. Sea Goa
    3. Mahindra & Mahindra
    4. Tata Motors
    Shall I buy for intraday or intraweek?


  10. nitin Says:
    May 26th, 2010
    Posted at: 10:59 am

    cb ihave 4 lot at 220 of jindal saw. Can i sell 3 lots at 188 and again buy at 180. Can this done to bring the average down


  11. CB Says:
    May 26th, 2010
    Posted at: 11:00 am

    Hi S.MAHESH, ok

    Hi AK, most welcome

    Hi abhijith, seems may remain a bit flat.

    Hi Bhuvaneswari, no. m&m can be bought in small quantity. dont enter others yet


  12. cks Says:
    May 26th, 2010
    Posted at: 11:00 am

    Hi CB, Please suggest 1 or 2 Futures for June expiry.


  13. CB Says:
    May 26th, 2010
    Posted at: 11:00 am

    Hi nitin, yes. do that on rise.


  14. CB Says:
    May 26th, 2010
    Posted at: 11:01 am

    Hi cks, go with mtnl. has come down quite a bit and is finding support at 55. also rsi is near 8


  15. suhas Says:
    May 26th, 2010
    Posted at: 11:01 am

    Hi CB can we expect any +ve move in Europe market today?


  16. CB Says:
    May 26th, 2010
    Posted at: 11:02 am

    Hi suhas, yes, its likely to open positive.

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