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. Kb Says:
    May 26th, 2010
    Posted at: 6:35 pm

    Hi Kartik, Karthik.. remember , U told me .. that u will give me " link of. . Nifty realtime volume " ... please give .. or suggest another way ..


  2. Kartik Says:
    May 26th, 2010
    Posted at: 6:36 pm

    Hi Kb, rightly said, but its more of a mind and patience game

    Hi Reddy, yes, Tata steel can perform well in the Long run, dont enter Nagarjuna Fertilizers & Chemicals Ltd at CMP, it seems expensive, wait for a dip in it


  3. rameshbhole Says:
    May 26th, 2010
    Posted at: 6:39 pm

    WILL MTNL WORK FOR TOMORROW INTRADAY OR THE DAY AFTER


  4. rameshbhole Says:
    May 26th, 2010
    Posted at: 6:42 pm

    COULD YOU CONSIDER GIVING ONE STOCK DAILY BY EVENING AS INTRADAY FOR NEXT DAY


  5. ramsingh Says:
    May 26th, 2010
    Posted at: 7:09 pm

    Hai Kartik!
    I hold Crest Animation at 95 level.What is the target price.Please suggest.


  6. S.MAHESH Says:
    May 26th, 2010
    Posted at: 7:09 pm

    Hi suzane,
    PIRHEALTH, target 537,544 and above 551 will zoom to 557 , 569., stop loss 524


  7. tuff money Says:
    May 26th, 2010
    Posted at: 7:13 pm

    hi kartik,

    tatasteels results are out. what can we expect of it tomorrow?


  8. Gitanjali Says:
    May 26th, 2010
    Posted at: 7:13 pm

    Hi Kartik, ,Kindly tell me as to how the following news may affect the stock tomorrow..' Indian Hotels Co Ltd plans to spend around 2.6 billion rupees in FY11 on new projects,'

    Occasionally I do not see the comment/query... but just yr reply....Do u folks have a telepathic connect with a few !!


  9. karthik Says:
    May 26th, 2010
    Posted at: 7:20 pm

    hi karthi


  10. karthik Says:
    May 26th, 2010
    Posted at: 7:22 pm

    what the position of tata steel, tomorrow


  11. Reddy Says:
    May 26th, 2010
    Posted at: 7:35 pm

    Hi Kartik, Thanks a lot.


  12. CB Says:
    May 26th, 2010
    Posted at: 7:44 pm

    Hi Reddy, most welcome.ifci can see 53 in coming days... tata steel is a good long term bet. can see 900 again in long term.

    Hi Kb, yes, not really able to find where we could get that.

    Hi rameshbhole, yes, should do well in 1-2 days. is near good support levels.. its difficult to give calls in the evening since we need to look at global queues in the morning.

    Hi ramsingh, hold it for short term. will bounce back in coming days.

    Hi tuff money, no, not sure about it yet

    Hi Gitanjali, :) ok.. yes, the news is positive for the stock..

    Hi karthik, not sure of tata steel yet


  13. Naveen Says:
    May 26th, 2010
    Posted at: 7:50 pm

    Hi kartik,

    tatasteel shows huge loss in current quarter, do you thing the stock can go up going forward?


  14. pankaj Says:
    May 26th, 2010
    Posted at: 7:52 pm

    hi CB, today i bot 4900 put @ 190/-, pls suggest strategy / sl / time frame. Thanx.


  15. suzane Says:
    May 26th, 2010
    Posted at: 7:55 pm

    Hi Kartik, and what if global cues remain strong ??


  16. Akash Says:
    May 26th, 2010
    Posted at: 8:02 pm

    Hi CB/ Kartik, it seems I missed Hindustan National Glass also. Today it is trading at 223+. I shud have bought it at 205 instead of waiting for 190 level :(

    Can I still buy for target 350 in a month?

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