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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. Kartik Says:
    May 3rd, 2010
    Posted at: 1:36 pm

    sorry, was not online bfore. .


  2. Aadi Says:
    May 3rd, 2010
    Posted at: 1:37 pm

    pls tell me nifty intrday & this wk level seperately.


  3. BAPU Says:
    May 3rd, 2010
    Posted at: 1:38 pm

    if i buy NIIT TECH today may i get the dividend which they will declare tomorrow.?
    may i buy NIIT technology @190 because tomorrow they may declare rs. 6.5.
    the dividend history of NIIT TECH is very good
    i am thinking to buy for 3 days
    plj ans


  4. Arun Says:
    May 3rd, 2010
    Posted at: 1:39 pm

    Hi CB/Karthik,

    Can I buy Balrampur for a bounce? What is the strong support level?


  5. dhiva Says:
    May 3rd, 2010
    Posted at: 1:39 pm

    hi karthik,
    what about tcs?should i hold it for up or sell? (I BOUGHT AT 385.50)


  6. CB Says:
    May 3rd, 2010
    Posted at: 1:39 pm

    Hi Aadi, Intraday may remain a bit weak. has support at 5200. below this can see 5150


  7. sunil Says:
    May 3rd, 2010
    Posted at: 1:40 pm

    Hi CB..can we buy rcom at this level?


  8. CB Says:
    May 3rd, 2010
    Posted at: 1:41 pm

    Hi BAPU, yes, if they do declare it tomorrow, you will get it

    Hi Arun, its looking weak. dont enter it yet

    Hi dhiva, hold it for now. has strong support at 740


  9. sr Says:
    May 3rd, 2010
    Posted at: 1:42 pm

    CB, whats the current view on Ashok Leyland?


  10. CB Says:
    May 3rd, 2010
    Posted at: 1:43 pm

    Hi sunil, no, not yet

    Hi sr, its looking strong. should do well in coming days. today can see 62 if markets recover a bit.


  11. BAPU Says:
    May 3rd, 2010
    Posted at: 1:43 pm

    may i buy NIIT tech now ?


  12. abhijith Says:
    May 3rd, 2010
    Posted at: 1:44 pm

    Hiii CB. Pls suggest whether to exit vip ind. i shorted it at 267.7


  13. sourabh Says:
    May 3rd, 2010
    Posted at: 1:44 pm

    what is the target of ib real.. in 2-3 days...


  14. sr Says:
    May 3rd, 2010
    Posted at: 1:45 pm

    Thanks CB. I actually wanted to ask that it is a hold even if nifty touches or breaks 5200?

    Also, How abt Cairn India? Is it looking strong now? I have shorted it at 316. Thanks


  15. CB Says:
    May 3rd, 2010
    Posted at: 1:45 pm

    Hi BAPU, wait till tomorrow. lets see how its results are

    Hi abhijith, yes, exit around 267


  16. Sri Says:
    May 3rd, 2010
    Posted at: 1:45 pm

    Hi CB

    By Mistake i brought India Bulls Fiance at 157, now its 155, wat should i do with this stock, it was at 164 sometime back any chances of it hitting 160 again.

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