Quotes with Resistance & Support
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Intraday calls for 27-05-10

Posted on: May 27th, 2010 at 8:21 am

Markets likely to see a flat opening. Support for nifty is at 4880-4900. Resistance at 4970

Buy Omnitech Infosolutions Ltd at 153.50-155.60, target: 160. Stoploss: 150
Sell Amtek Auto at 156.55-158, target: 152. Stoploss: 160

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625 Responses

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  1. ANIRUDH Says:
    May 27th, 2010
    Posted at: 11:03 am

    Mr Karthik, what's your today's view on Zee Entertainment


  2. Salman Khan Says:
    May 27th, 2010
    Posted at: 11:06 am

    I short sold 230 shares of FederalBnk @ 323. Movement is downward at 321 so I seem to have made a profit of Rs.437 already.

    Should I hold and wait for 319 or square off?


  3. S.MAHESH Says:
    May 27th, 2010
    Posted at: 11:08 am

    Hi Gitanjali,
    it is trading at 212 well above 208 , cover it and never short a scrip whose RSI is below
    30 for it is risky.
    DATE 5/26/2010 HDIL Close 210.500 Yest Close 204.800

    PP: 209.767

    Sell Below: 208.718

    Stop Loss for Short: 209.767

    Buy Above: 210.291

    Stop Loss for Buy: 209.095

    R: 213.133 , 215.767 , 218.400

    S: 207.133 , 203.767 , 201.133

    52 week high 411.000 -48.783

    RSI 27.413


  4. DS Says:
    May 27th, 2010
    Posted at: 11:09 am

    Hi Gitanjali,

    If its futures nothing to worry abt....june tgt is 190


  5. Aman Says:
    May 27th, 2010
    Posted at: 11:12 am

    CB/Kartik i bot infinite comp Sol @ 172.55.. what might be todays target... ploz reply soon....


  6. amit Says:
    May 27th, 2010
    Posted at: 11:14 am

    Hi S.MAHESH, how do you expect nifty today


  7. swati Says:
    May 27th, 2010
    Posted at: 11:15 am

    hi..cb/kartik....hw ftse will open??..m holding 4900CE..shorted at 4940....shd i book profit nw??..rgds...


  8. Gitanjali Says:
    May 27th, 2010
    Posted at: 11:16 am

    Hi S.MAHESH, OK ..THANKS EVER SO MUCH.. U MAY NOT KNOW YOU ARE SO HELPFUL TO A LOT OF US AND TO CB & KARTIK..Thanks again..
    Hi DS, Yes It is in futures .. I am rarely lucky.. .. ... I should have short nifty index ..I was hasty ..U know ..You may think of shorting niffy above 4950-4980--..CB told me that ..Thanks for yr kind suggestion..


  9. S.MAHESH Says:
    May 27th, 2010
    Posted at: 11:17 am

    Hi Aman,
    wrong entry at 172, if possible get out.


  10. luckvijay Says:
    May 27th, 2010
    Posted at: 11:17 am

    hi sir, i have short nifty at 4943 level at which level i book profit in that?


  11. Samrat Says:
    May 27th, 2010
    Posted at: 11:18 am

    Hi CB/Kartik ...... Can we sort Stock using ADX ( strong trending ) in your technical chart section


  12. S.MAHESH Says:
    May 27th, 2010
    Posted at: 11:20 am

    Hi Gitanjali,
    u r welcome and please remember I am in CASH only and don't ABC of FnO


  13. GURU Says:
    May 27th, 2010
    Posted at: 11:20 am

    waht do you think of tatapower?


  14. bapan Says:
    May 27th, 2010
    Posted at: 11:21 am

    can i enter jindalsaw now?


  15. moant Says:
    May 27th, 2010
    Posted at: 11:21 am

    Hai,

    can any one tell me if it is worth holding binani cements? i have [email protected]. Also what is ur outlook on Jindal Saw?


  16. DEEPAK Says:
    May 27th, 2010
    Posted at: 11:21 am

    WHAT ARE THE STOCK FOR TODAY WATCH OUT CB CAN U ADVICE 2 OR 3 STOCK PLEASE

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