Quotes with Resistance & Support
Market Information

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

    Hi CB, If so , Can I enter jpasso [futures ] plz/


  2. CB Says:
    May 31st, 2010
    Posted at: 12:29 pm

    Hi Suresh M, yes, its a good bet for long term. can double.

    Hi KV, as of now enter in small quantity. downside seems to be limited from here.

    Hi Mayur, hmm. not sure where else would be a better place to invest. start an SIP i suggest.


  3. CB Says:
    May 31st, 2010
    Posted at: 12:29 pm

    Hi Kb, it was unable to cross 360-362(future levels) and was coming down from there everytime. if crosses it, will do well


  4. subramanivs Says:
    May 31st, 2010
    Posted at: 12:30 pm

    Hi CB,

    I have 1150 ONGC call option. what shall i do?


  5. Kb Says:
    May 31st, 2010
    Posted at: 12:30 pm

    Hi Mayur, yes... invest in my account .. hahaha :D ...

    Try gold .. likely to go down in this monsoon time..


  6. cks Says:
    May 31st, 2010
    Posted at: 12:30 pm

    Hi CB, I have Tyche @ 18.17. Can I add some more at CMP?


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

    Hi ttsathya, some selling pressure coming in. strong resistance near 5100

    Hi Gitanjali, no. markets are going a bit weak

    Hi subramanivs, keep trailing sl at 1150 and hold it.


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

    Plz specify SIP or any mutual fund if any....i dont have much knowledge in this area...!!!


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

    hi punters europe seen red, china down more then 1.4% , further downside ahead for us today


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

    HI CB , Can I enter itc now cmp 272 .. ..can I go long in futures of that ..is it safe plz?


  11. CB Says:
    May 31st, 2010
    Posted at: 12:32 pm

    Hi cks, dont add more of it yet. for now hold it

    Hi Mayur, sip is much better..

    Hi Bull, thanks

    Hi Gitanjali, enter near 268-270


  12. mayank Says:
    May 31st, 2010
    Posted at: 12:33 pm

    Hi CB,shorted sesagoa@269. what should be intraday target


  13. Kb Says:
    May 31st, 2010
    Posted at: 12:33 pm

    Hi CB, hmm .. where to see the future prices


  14. DS Says:
    May 31st, 2010
    Posted at: 12:33 pm

    Dear CB,

    Could you please advise what is the lower most tgt of Tata Motors and Sesa Goa ?


  15. Ravi Says:
    May 31st, 2010
    Posted at: 12:33 pm

    HI CB, Bought 5100 put at 150. Plz suggest should I book profit or wait?


  16. CB Says:
    May 31st, 2010
    Posted at: 12:34 pm

    Hi mayank, around 362

    Hi Kb, should be there in ur brokers software. m using odin

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