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Intraday calls for 03-05-10

Posted on: May 3rd, 2010 at 8:20 am

Markets likely to open slightly lower. Support for nifty is at 5200 and resistance at 5320.

If markets show recovery later during the day, buy: Ashok Leyland Ltd and HCL Technologies Ltd

3.06pm – btst – buy srf at 224.30, target: 231. Stoploss: 219 – trade in small quantities.

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615 Responses

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  1. jay Says:
    May 3rd, 2010
    Posted at: 12:27 pm

    Kartik,
    At what price i should enter in india cement future call?


  2. Devang Mehta Says:
    May 3rd, 2010
    Posted at: 12:27 pm

    Hi Kartik, Can i add more 300


  3. Kartik Says:
    May 3rd, 2010
    Posted at: 12:28 pm

    Hi Manasa, sorry, hold ABB with a Sl at 750, it can see 768 if we see some recovery in Markets today, Haldyn Glass Gujarat Ltd is a good bet for Mid term (8-10 months), it can do well, try to exit KM Sugar Mills Ltd on any rise, its a weak bet fundamentally

    Hi sk, dont enter it yet, wait for some time


  4. dhiva Says:
    May 3rd, 2010
    Posted at: 12:29 pm

    hi cb,
    i had bought ONMOBILE on frriday for delivery? any news or tgt about it


  5. Kartik Says:
    May 3rd, 2010
    Posted at: 12:30 pm

    Hi jay, enter it around 120, with a SL at 115

    Hi Devang Mehta, dont add more at CMP, wait for some time


  6. sourabh Says:
    May 3rd, 2010
    Posted at: 12:31 pm

    can i buy gvk power cmp.... what is the short term target


  7. Gitanjali Says:
    May 3rd, 2010
    Posted at: 12:31 pm

    Hi Kartik, Why is it buzzing so..can I go long in that [EKC] for 2 days pl?


  8. Parimal Gorai Says:
    May 3rd, 2010
    Posted at: 12:32 pm

    Hi Kartik! Should I buy Renuka at CMP to Average my Holding at 181/- ?


  9. kumar Says:
    May 3rd, 2010
    Posted at: 12:32 pm

    Thanks Kartik


  10. Kartik Says:
    May 3rd, 2010
    Posted at: 12:32 pm

    Hi Jack, its a the quarterly results, YoY the company looks strong

    Hi dhiva, hold it with a SL at 374, it can seee 385 tomorrow


  11. Kartik Says:
    May 3rd, 2010
    Posted at: 12:32 pm

    Hi Parimal Gorai, yes

    Hi kumar, most welcome


  12. Kartik Says:
    May 3rd, 2010
    Posted at: 12:34 pm

    Hi Gitanjali, its facing some selling pressure at CMP, dont go long in it

    Hi sourabh, yes, it can see 55 in the Short run


  13. Jack Says:
    May 3rd, 2010
    Posted at: 12:34 pm

    How is Europe opened? anyone?


  14. Bingo Says:
    May 3rd, 2010
    Posted at: 12:35 pm

    kartik ... can we enter blue star ltd....also yes bank has come to my buying price now after 3 months...do I book out or continue holding....Thanks


  15. sr Says:
    May 3rd, 2010
    Posted at: 12:35 pm

    Jack, germany slightly +ve.
    FTSE - 20 points


  16. Gitanjali Says:
    May 3rd, 2010
    Posted at: 12:36 pm

    Hi Kartik, Thanks a lot ...If nifty breaks 5200 , I shall short ekc ...? Shall I?

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