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. Ravi Says:
    May 26th, 2010
    Posted at: 12:09 pm

    Hi DD, if the European markets open positive will our market move more upwards?
    I m holding May 5000 put at 123. Should I hold or square off


  2. gopal Says:
    May 26th, 2010
    Posted at: 12:14 pm

    Hi CB

    Can i sort tatasteel at CMP


  3. dd Says:
    May 26th, 2010
    Posted at: 12:16 pm

    Hi Anurag, dow futures is trading flat, & if europe trades up by more than 1%, we can atleast hope that we may keep this levels 4880 - 4900.


  4. Gitanjali Says:
    May 26th, 2010
    Posted at: 12:17 pm

    HI CB /Kartik.... Kindly tell me which site shows accurate prices of euro futures plz?


  5. DS Says:
    May 26th, 2010
    Posted at: 12:18 pm

    Dear S.Mahesh,

    Can you give me the levels for Reliance Capital too please?


  6. Akshay Says:
    May 26th, 2010
    Posted at: 12:20 pm

    Hi cb,how's u?pls help me,I m in trouble and bearing big loss.i have 1 lot[600 shares] of tech [email protected] it has come to 640.and i m not able to pay furthur amount as margin.and can't see loss.what to do?At what levels it can see in both upward and downward.


  7. S.MAHESH Says:
    May 26th, 2010
    Posted at: 12:20 pm

    Hi gopal,
    Risky to short oversold scrip. has strong R at 480 but above 487 short sellers will get trapped.


  8. rashid Says:
    May 26th, 2010
    Posted at: 12:22 pm

    european futures are more than 1.7%up now


  9. Ankur Says:
    May 26th, 2010
    Posted at: 12:23 pm

    http://www.bloomberg.com/ for all world markets


  10. GRC Says:
    May 26th, 2010
    Posted at: 12:23 pm

    Hello,
    can we buy JK lakshmi @ CMP ?


  11. Anurag Says:
    May 26th, 2010
    Posted at: 12:29 pm

    Thanks DD....


  12. AT Says:
    May 26th, 2010
    Posted at: 12:29 pm

    Hi,

    Can i buy CE 4900 @ CMP?


  13. gopal Says:
    May 26th, 2010
    Posted at: 12:31 pm

    Hi S.Mahesh sir

    how can i found oversold & overbought scrip. plz sir


  14. Subhashis Says:
    May 26th, 2010
    Posted at: 12:32 pm

    Hi CB. I bought JM Financial at 32 today. What target I should set for intraday to sell the stock


  15. Deepak7791 Says:
    May 26th, 2010
    Posted at: 12:33 pm

    Is maruti Looking weak ? Why is it not moving inspite Nifty is up by 60 points?


  16. ac Says:
    May 26th, 2010
    Posted at: 12:34 pm

    HI ALL HOW HAS EUROPE OPENED?

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