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. Akshay Says:
    May 26th, 2010
    Posted at: 8:26 pm

    Hi cb/guruji,Where r u dude ?I missed u so much bcos i experianced the most incrediable,Shocked,Threatning day of my life.


  2. LEO Says:
    May 26th, 2010
    Posted at: 8:30 pm

    Hi cb / Kartik ..........

    Can we see up move t'morrow


  3. Sabu Says:
    May 26th, 2010
    Posted at: 8:32 pm

    Hi Naveen,

    Your information about Tata steel is wrong.

    Net profit of Tata Steel rose 48.17% to Rs 2162.28 crore in the quarter ended March 2010

    For the audited full year, net profit declined 2.98% to Rs 5046.80 crore in the year ended March 2010


    Q4 result - profit up by 48 %

    Annual result - profit down by just under 3 %


  4. Gitanjali Says:
    May 26th, 2010
    Posted at: 8:32 pm

    Hi CB, Cool...! Which means one can go long tomorrow..besides it has come out down a lot recently..Thanks .


  5. Gitanjali Says:
    May 26th, 2010
    Posted at: 8:36 pm

    HI Suzane.. Good news ..'PIRHEALTH, target 537,544 and above 551 will zoom to 557 , 569., stop loss 524' [ Mahesh's posting ...] Cheer up Pal !!


  6. CALCULUS Says:
    May 26th, 2010
    Posted at: 8:37 pm

    Hi CB/KARTIK/S MAHESH...
    Plz suggest 1-2 share for tomorrow's intraday among
    SESAGOA,
    CAIRN,
    RECLTD &
    BRFL....


  7. LEO Says:
    May 26th, 2010
    Posted at: 8:44 pm

    Hi Cb / Kartik...............

    Some news ab't brother agreement ... Whether both brothers stock can see a good up t'morrow...

    News by Google -RIL and Reliance Natural Resources Ltd. will expeditiously negotiate Gas Supply arrangements


  8. Kiru Says:
    May 26th, 2010
    Posted at: 8:45 pm

    i bought DLF 280 june call at Rs 12 and now it is 8.60 please tell me can i hold the call.What is the possible target of DLF in june expiry


  9. Wasan Says:
    May 26th, 2010
    Posted at: 8:45 pm

    Hi, could some one comment on why Grasim Industries nosedived today. They reported good results just few days ago, so what went wrong in today's trade?
    Thanks


  10. sukanta Says:
    May 26th, 2010
    Posted at: 9:03 pm

    hi kartik
    will please say about stc india in short term


  11. CB Says:
    May 26th, 2010
    Posted at: 9:33 pm

    Hi Naveen,. maybe some short covering comes in. lets see

    Hi pankaj, hold it.nifty has strong resistance near 4950-4970

    Hi suzane, they are looking strong.

    Hi Akash, no, dont enter it nw.

    Hi Akshay, oh! why what happened?

    Hi LEO, yes, maybe near 4950

    Hi Sabu, thanks.

    Hi Gitanjali, yes. lets see how asian markets open

    Hi CALCULUS, cairn can add some

    Hi LEO, yes, its positive for rnrl

    Hi Kiru, continue to hold it for now. can add some more from here.

    Hi Wasan, some news of merger with another company. for long term one can enter it.

    Hi sukanta, it can see 5-7%


  12. ram Says:
    May 26th, 2010
    Posted at: 9:37 pm

    sir i have indian hotel @114?present @98?my money come back or exit?


  13. Akash Says:
    May 26th, 2010
    Posted at: 9:37 pm

    Hi CB, Did you mean "Hindustan National Glass". I also asked that I am planning to buy 50-55 Zydus in cash for 2-3 days for target 550-600+ and also buying the same in intraday for tomorrow?

    Also, can I buy Nandan Exim or SE Investment in delivery for unbelievable targets (like 5-7 in Nandan or 100 in SE Invest in short term)?


  14. Pradeep Says:
    May 26th, 2010
    Posted at: 9:40 pm

    Hi CB,

    Wat do you as a safe bet tommorow?

    Buy- RNRL, Ispat, Unitech, ICICI
    Sell- Indian Hotels, Grasim


  15. Akash Says:
    May 26th, 2010
    Posted at: 9:42 pm

    Hi Pradeep, if it is not in intraday, then selling is NEVER a safe bet accodring to me.. When you buy and it is down, you can hold and wait for even 3-6 months. But once you sell, you have to cover it within 3-7 days depends on your broker's house rules.


  16. Pradeep Says:
    May 26th, 2010
    Posted at: 9:46 pm

    Hi Akash,

    Forgot to mention. Its Intraday only.

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