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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Comment pages: 232425262728293031Show all

  1. Kartik Says:
    May 26th, 2010
    Posted at: 2:33 pm

    Hi krishna, dont enter it yet, wait for some time


  2. amit Says:
    May 26th, 2010
    Posted at: 2:33 pm

    is it risk to hold short without stoploss


  3. krishna Says:
    May 26th, 2010
    Posted at: 2:34 pm

    Karthik, results are nearing, so thought of buying. Till what time should I wait? before or after results?


  4. ac Says:
    May 26th, 2010
    Posted at: 2:34 pm

    HI ALL CAN ANY ONE TELL WHAT NIFTY WILL CLOSE AT TODAY


  5. Akash Says:
    May 26th, 2010
    Posted at: 2:38 pm

    Hi Kartik, Indiabulls sold 415 of RNRL at 51.2. Now I have only 475 remaining. I cannot sell them below 115 now if I want to cover my loss by RNRL only. What shud I do? BTST is one option but RNRL is now below 51. Shud I hold or not?

    Also, I bought Zydus Wellness at 468 in intraday for target 510. Will it hit that or not? If it can hit that in intraday, I will cover 15k loss of recent days and will be in ok kind of situation....


  6. Kartik Says:
    May 26th, 2010
    Posted at: 2:39 pm

    Hi amit, yes, it can be a very risky bet in these volatile Markets


    Hi ac, no, dont go short on it yet

    Hi krishna, it seems expensive at current levels, enter it around 3.40 for Mid term


  7. AT Says:
    May 26th, 2010
    Posted at: 2:40 pm

    Hi Kartik,

    What will be the closing 2day?


  8. Aman Says:
    May 26th, 2010
    Posted at: 2:41 pm

    CB i m holding HMT@84.. how long i might wait to get 90...


  9. Reddy Says:
    May 26th, 2010
    Posted at: 2:41 pm

    Hi Kartik/ CB,
    what will be the target for Renuka CA 60.00, and IFCI CA 52.50? (for tomorrow’s expiry)
    Should I sell them on CMP?


  10. Janvi Says:
    May 26th, 2010
    Posted at: 2:41 pm

    Sir plz adivce abt indian hotels ...save to buy at cmp.?


  11. Shads Says:
    May 26th, 2010
    Posted at: 2:41 pm

    Hi CB, Shall I sell tatamotors and RIL call of may series now? Or wait till tomorrow?


  12. sanzy Says:
    May 26th, 2010
    Posted at: 2:42 pm

    i'm holding 4900CE what to do..whn to book profit...give me Nifty levels


  13. DS Says:
    May 26th, 2010
    Posted at: 2:44 pm

    Dear Kartik,

    Rel Cap above my SL of 650....shd i continue to hold short or exit....will the markets go down tom?


  14. luckvijay Says:
    May 26th, 2010
    Posted at: 2:44 pm

    hi sir, today nifty closing?


  15. suzane Says:
    May 26th, 2010
    Posted at: 2:45 pm

    Hi Kartik, what to do with pirhealth ?? Shall i hold or book the loss at the level .. Though its 33 rupees up .. I want it at 640 to cover my losses .. Shall i hold for better target tommorow ??


  16. Kartik Says:
    May 26th, 2010
    Posted at: 2:46 pm

    Hi Akash, if you can hold it for 3-4 months time, hold it, since it shall start performing once Markets see some recovery, ZYDUSWELL has some support at 465, hold it for some more time

    Hi sanzy, hold till tomorrow, with a trailng SL at 4880


    Hi Shads, wait till tomorrow

    Hi Janvi, dont enter it yet, wait for some time

    Hi Reddy, hold them till tomorrow

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