Quotes with Resistance & Support
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Intraday calls for 26-05-11

Posted on: May 26th, 2011 at 8:27 am

Markets likely to open flat, support at 5320(closing basis)

Buy Lupin at 439, Target: 446, SL 434

3.17pm – buy bhel at 1925, target: 1960, Stoploss :1900. 1-2 day hold.

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454 Responses

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  1. sekhar Says:
    May 26th, 2011
    Posted at: 3:23 pm

    hi "CB" , thanks for the gains


  2. cvrprakash Says:
    May 26th, 2011
    Posted at: 3:23 pm

    CB,

    BGR Result are out??? In the morning it ws up 1% now its down 1.5%????
    Any reason for this? I am holding this @ 580 levels.
    Can I exit this... if there is more down side?


  3. nithin2009 Says:
    May 26th, 2011
    Posted at: 3:24 pm

    cb...irb vent dwn blw 52week low price....does d stock luks weak??


  4. Shiva Says:
    May 26th, 2011
    Posted at: 3:24 pm

    view on eclerx?


  5. GODSE Says:
    May 26th, 2011
    Posted at: 3:24 pm

  6. CB Says:
    May 26th, 2011
    Posted at: 3:25 pm

    Hi sekhar, most welcome

    Hi cvrprakash, no, not sure of its results yet

    Hi nithin2009, overall does look weak. but is oversold and can see some bounce soon


  7. CB Says:
    May 26th, 2011
    Posted at: 3:25 pm

    Hi Shiva, no, not sure about it


  8. gitanjali Says:
    May 26th, 2011
    Posted at: 3:25 pm

    Hi CB, Thanks CB .. but cannot afford BHEL.. for now .. not enough time to transfer funds.. [loss to cover]Shall I short unitech.. to day pl?
    I just have to exit have i from dish..pl?


  9. CB Says:
    May 26th, 2011
    Posted at: 3:26 pm

    Hi gitanjali, most welcome. ok. dont short unitech . hold dish till tomorrow.


  10. Vivek Shah Says:
    May 26th, 2011
    Posted at: 3:27 pm

    CB, exited minifty long @ 5375 and now shorted @ 5400, pls suggest...


  11. subramanivs Says:
    May 26th, 2011
    Posted at: 3:28 pm

    Hi CB,
    any chance that unitech will Rs 35 in June month?


  12. CB Says:
    May 26th, 2011
    Posted at: 3:30 pm

    Hi subramanivs, yes, has correctd quite a bit. its possible sees some recovery

    Hi Vivek Shah, ok. hold it. nifty has resistance at 5420 levels.


  13. cvrprakash Says:
    May 26th, 2011
    Posted at: 3:30 pm

    CB,

    Please suggest what to do with BGR? In heavy loss now.
    Holding will benefit?


  14. gitanjali Says:
    May 26th, 2011
    Posted at: 3:31 pm

    HI CB, Thanks ever so much..
    Trading is hazardous , isf we are not on line regularly .. I guess..
    A risk I took .. lets see ..
    shall do some jobbing tomorrow .. if possible ..


  15. Vivek Shah Says:
    May 26th, 2011
    Posted at: 3:31 pm

    one more question : nifty may 5600pe closed @ 185, what will happen, suppose i had one lot ?? Do i get that money or I lose that money ??


  16. sekhar Says:
    May 26th, 2011
    Posted at: 3:31 pm

    hi "CB" , can i enter "IFCI" fut for a month

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