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: 333435363738394041Show all

  1. Akash Says:
    May 26th, 2010
    Posted at: 9:48 pm

    Hi Pradeep, Ok. In that case I am not too sure.. CB or Kartik can advise you better in this...


  2. Akshay Says:
    May 26th, 2010
    Posted at: 10:15 pm

    Guruji,Fistly give my thanks to karthik please.guruji i have 1 lot[600 shares] of techmahindra @780 now it has come to 630,So i got worried what to do,Then i asked karthik,He told to hold by putting SL of 620.so i put @625.05 and thought that my carrier got its end today bcos not having money and d only way was to bear BIG loss.by gods blessing i luckily SAVED bcos its todays low was 625.15.but trust me guruji i was totally disturbed and cried.


  3. suzane Says:
    May 26th, 2010
    Posted at: 10:32 pm

    Hi Gitanjali, wow thats good to hear .. Thanks dear .. Jaan me jaan aae ;)


  4. rashid Says:
    May 26th, 2010
    Posted at: 10:42 pm

    as per karthiks advise exited from shorted nifty and bought at 4900,,,do you expect 5000


  5. pankaj Says:
    May 26th, 2010
    Posted at: 10:59 pm

    hello cb, dow not doin much, its up only about 0.7% as against indian markets upmove of more than 2%. do this indicate somethin?? thanx.


  6. shipra Says:
    May 26th, 2010
    Posted at: 11:03 pm

    HI CB holding provogue but it is in continuous downtrend holdon or shift to other stock


  7. SMH Says:
    May 26th, 2010
    Posted at: 11:13 pm

    CB/KARTIK HOLDING ABOTT @ 1190 & PIRAMAL HEALTH BOT @ 567 CAN I EXPECT TO MAKE SOME GAINS IN MED TERM WHATS THE SHORT TERM VIEW ON BOTH SHOULD I EXIT ON CIST


  8. ganga Says:
    May 26th, 2010
    Posted at: 11:13 pm

    can one can buy aban at current price


  9. Kb Says:
    May 26th, 2010
    Posted at: 11:18 pm

    Hi CB, ok Cb .. good night. .


  10. pankaj Says:
    May 26th, 2010
    Posted at: 11:37 pm

    hi ganga, as per my opinion, dont buy aban, aban june futures quoting @ rs. 30 discount today.


  11. Kartik Says:
    May 26th, 2010
    Posted at: 11:39 pm

    Hi ram, Hotel stocks perform well in the ending months of the year, hold it for some for mid term, it shall do well

    Hi Akash, dont enter them for Swing trading yet, wait for the Markets to settle, they can be a risky bet as of now

    Hi Pradeep, ICICI Bank Ltd seems a good buy for tomorrow

    Hi Akshay, most welcome, hold it for another 2-3 days time, as Markets might see some more recovery in the coming days

    Hi rashid, yes, hold it for 1-2 days time

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

    Hi Kb, Good night

    Hi SMH, they can add 20-25% in 3-4 months time, hold them as of now

    Hi shipra, hold it for some more time, it shall do well

    Hi VijayK, thanks for your kind comments

    Hi pankaj, it shall see some more upmove in the coming hours


  12. CB Says:
    May 26th, 2010
    Posted at: 11:52 pm

    Hi Akshay, no yaar. you are a good guy.. thanks for your kind comments.


  13. RSKM Says:
    May 27th, 2010
    Posted at: 12:02 am

    Hi CB/Kartik, Can I buy little quantities of SELMAN, GujNRE, SreeRenukaSugars and CromptonGreaves and PunjLLoyd @ CMP. Pls advice


  14. swati Says:
    May 27th, 2010
    Posted at: 12:03 am

    hi..cb..TATA MOTORS's Q4 z comin tomorrow...wt do u suggest..shd i go long??..rgds...


  15. CB Says:
    May 27th, 2010
    Posted at: 12:04 am

    Hi RSKM, yes, in small quantities they can be entered.


  16. CB Says:
    May 27th, 2010
    Posted at: 12:04 am

    Hi swati, yes, one can go long with sl at 693.

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