Quotes with Resistance & Support
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Intraday calls for 31-05-10

Posted on: May 31st, 2010 at 8:19 am

Markets likely to see a flat opening. Support for nifty is at 5000 and resistance at 5095.

Buy Shoppers Stop Ltd at 420-424, target: 432. Stoploss: 415.
Buy Aurobindo Pharma at 839.75, target: 855. Stoploss: 829.

12.45pm – buy mundra port at 694 target 705. stoploss: 686.

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696 Responses

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  1. MURALI Says:
    May 31st, 2010
    Posted at: 12:19 pm

    HI CB,

    Which are the scripts i can invest for 1-3 months gain.
    Does market can fall to 15000 again


  2. ANIL SAH Says:
    May 31st, 2010
    Posted at: 12:19 pm

    HI CB , I M BUY DLF PUT 260 @ 6.3 . SO I M HOLD/EXIT


  3. nv Says:
    May 31st, 2010
    Posted at: 12:19 pm

    Sorry CB..one more query ..holding Allahabad Bank @ 159...should I exit at 164 or 167..can hold for 1 week


  4. Gitanjali Says:
    May 31st, 2010
    Posted at: 12:21 pm

    Hi CB, When can I short JP asso futures please?


  5. CB Says:
    May 31st, 2010
    Posted at: 12:21 pm

    Hi Vasanth, no.. not yet

    Hi Suresh M, yes, hold onto it. will do well once cross 8

    Hi MURALI, go with renuka sugars for now. invest 50% at cmp

    Hi ANIL SAH, hold onto it

    Hi nv, yes, for now book profit around 165.


  6. CB Says:
    May 31st, 2010
    Posted at: 12:21 pm

    Hi Gitanjali, not sure of shorting it.. its near good support levels.


  7. Vasanth Says:
    May 31st, 2010
    Posted at: 12:22 pm

    Hi Cb,

    Can i short Canara bank @ CMP??


  8. KV Says:
    May 31st, 2010
    Posted at: 12:23 pm

    Hii CB...

    i just checked BGIL..i found that one year back it was almost around 100...but suddenly fells to 30...then 20..then in the range of 13.......

    But u told in penny stock section it is fundamentally good stock...then why this fell happens any idea?


  9. Akshay Says:
    May 31st, 2010
    Posted at: 12:25 pm

    hi cb,so Guruji instead of BILT can we buy any other paperprint stock.like Ramanews,Orient.


  10. CB Says:
    May 31st, 2010
    Posted at: 12:25 pm

    Hi Vasanth, in small quantity

    Hi KV, yes. fundamentally looks good. has been posting good results. not sure of the reason for the fall


  11. Kb Says:
    May 31st, 2010
    Posted at: 12:25 pm

    Hi CB, Cbee... sesagoa is coming down .. how u understood that selling is coming ?? but still i will not trade in sesa.. :(


  12. Suresh M Says:
    May 31st, 2010
    Posted at: 12:26 pm

    thanks cb..what about reliance power?can i hold it for long term for 2-3 years?will it reach 200 by that time?


  13. KV Says:
    May 31st, 2010
    Posted at: 12:27 pm

    Thanks CB....If i bought this in a current price...what u think the target in 1 to 2 years?

    is there any chance of falling from 13..range?


  14. CB Says:
    May 31st, 2010
    Posted at: 12:27 pm

    Hi Akshay, no.. bilt looks better.


  15. Mayur Says:
    May 31st, 2010
    Posted at: 12:27 pm

    CB recently i exited my postions frm some of my mutual funds...i hav some amount which i want to re-invest in..what advice to will give....apart from share market. :-)


  16. ttsathya Says:
    May 31st, 2010
    Posted at: 12:28 pm

    why mkt is going down

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