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. suzane Says:
    May 26th, 2010
    Posted at: 8:46 am

    Hi CB, good morning dear
    So pal lookinf at US and ASIAN market... What target u give for pirhealth ?? Will the upside continue or can again see correction at the end of day ??


  2. CB Says:
    May 26th, 2010
    Posted at: 8:46 am

    Hi Anurag, no, dont avg it yet

    Hi krishh, it can see 337

    Hi Adhi, most welcome


  3. Anurag Says:
    May 26th, 2010
    Posted at: 8:47 am

    CB.. I dont remember the name but somebody told on CNBC that now NIFTY will for 5150-5200 and then it will back to 4600.. what do you say on this...


  4. sandeep Says:
    May 26th, 2010
    Posted at: 8:47 am

    Hiii C.B....Whts ur view on Rcom,Bharti Airtel,ICICI & Reliance Ind....I hv all calls of next month book profit on every rise or hold for gud return in comming days....????


  5. CB Says:
    May 26th, 2010
    Posted at: 8:47 am

    Hi suzane, Good morning..some bounce is likely. it can add 10-15rs it seems.


  6. CB Says:
    May 26th, 2010
    Posted at: 8:48 am

    Hi Anurag, its possible. nifty wont go down in a single line. some bounce will come in..not sure of 5100 as of now.. maybe see 4950

    Hi sandeep, yes, for now book profits on rise.


  7. sandeep Says:
    May 26th, 2010
    Posted at: 8:50 am

    Hi Suzane,some neaws around market also that piramal can give special div. of rs 100....It will also take up piramal...


  8. Anurag Says:
    May 26th, 2010
    Posted at: 8:50 am

    CB.. Thanks a lot for your suggestions!!!!


  9. CALCULUS Says:
    May 26th, 2010
    Posted at: 8:50 am

    HI CB GOOD MORNING...
    WHAT"S UR VIEW ABOUT "AMRUTANJAN"...???


  10. Rahul Says:
    May 26th, 2010
    Posted at: 8:51 am

    Hi CB,
    your views on DLF,Indian Bulls Real Estate and SESGOA?i am holding all the 3 June Futures.
    DLF bought at 159,IBREAL @ 147 and Sesgoa @ 310


  11. CB Says:
    May 26th, 2010
    Posted at: 8:52 am

    Hi sandeep, yes, will be positive for the stock.

    Hi Anurag, most welcome

    Hi CALCULUS, Good morning. has good support near 575. can see some bounce from here.

    Hi Rahul, toaday seems will see some bounce. hold onto them


  12. cks Says:
    May 26th, 2010
    Posted at: 8:52 am

    Got it !!! Thanks a lot CB.


  13. Vishal Says:
    May 26th, 2010
    Posted at: 8:53 am

    Hi CB, Can we expect a bounce in Zandu


  14. CB Says:
    May 26th, 2010
    Posted at: 8:53 am

    Hi cks, most welcome..

    Hi Vishal, yes, some bounce is likely in it today


  15. ABHI Says:
    May 26th, 2010
    Posted at: 8:53 am

    Hi Cb..what target can biocon futres see by friday?
    thanks in advance..really appreciate ur help ...


  16. CB Says:
    May 26th, 2010
    Posted at: 8:54 am

    Hi ABHI, it can add 7-8rs today

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