Quotes with Resistance & Support
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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. Ravii Says:
    May 3rd, 2010
    Posted at: 5:11 pm

    Hello Anupam,
    China mkts shutdown today..due to labour 's day


  2. rkg Says:
    May 3rd, 2010
    Posted at: 5:28 pm

    Dear CB / karthik,
    GVK posted 50% rise in its net profit for FY 2009-2010. Still the stock is struck at 45. Any reason?


  3. Aman Says:
    May 3rd, 2010
    Posted at: 5:31 pm

    Hi CB. I m holding 500 Sanwaria Agro @ 49. How does it look like for short term(10-15 days)..


  4. Kartik Says:
    May 3rd, 2010
    Posted at: 5:41 pm

    Hi Akash, it can see around 190 in a months time, if markets trade strong

    Hi Gitanjali, Ashok Leyland Ltd looks strong as of now, it can see 64 in the coming days, yes Suzlon looks good as of now

    Hi shiva, it can do well in the coming 8-10 days time

    Hi Arun, yes, it looks strong

    Hi sourabh, it can see 176 tomorrow

    Hi aditya, a person get the dividend, if he is holding the stock before the divided is declared, the payment is usually sent by check within a months time

    Hi rami, we might see some consolidation at current levels for some time, and then we may move higher

    Hi vamsi, its likely to see some upmove in the coming 2-3 months time, hold it, SE Investments has already run up quite a lot, dont enter it yet

    Hi Anupam, yes

    Hi naga, yes, it can do well in the Short run, hold it

    Hi Ravii, thanks, it faces some support at 390 levels, its likely to do well in the Short run


  5. Kartik Says:
    May 3rd, 2010
    Posted at: 5:42 pm

    Hi rkg, its more of a slow mover, but its a good investment bet for Long term

    Hi Aman, it can see 55 in the coming 1-2 weeks time


  6. naga Says:
    May 3rd, 2010
    Posted at: 5:46 pm

    hi kartik what about tube investments? what target can be expected? upward or downward.


  7. Kartik Says:
    May 3rd, 2010
    Posted at: 5:48 pm

    Hi naga, Tube Investments of India Ltd is strong company fundamentally, it can see 120 in 3-4 months time


  8. naga Says:
    May 3rd, 2010
    Posted at: 5:49 pm

    in one week what target can be exptected/


  9. Aman Says:
    May 3rd, 2010
    Posted at: 5:50 pm

    Hi CB. I m holding 200 Balrampur Chini @ 90. How does it look like for short term(10-15 days)..


  10. ASHIM Says:
    May 3rd, 2010
    Posted at: 6:09 pm

    if now I buy centralbk...it right or wrong


  11. ramsingh Says:
    May 3rd, 2010
    Posted at: 6:22 pm

    Hai Kartik!
    What is the this week target price for Jubilant Foodworks.Please suggest.


  12. mohsin kamal Says:
    May 3rd, 2010
    Posted at: 6:28 pm

    hi
    good evening
    can i buy hdfc when it spilit.i have file 17 lots for jp infra.better bet or not


  13. Gitanjali Says:
    May 3rd, 2010
    Posted at: 7:34 pm

    Hi Kartik, Is moser baer looking good to enter now pl? How were the results?
    Can I short EKC tomorrow above 134 pl?
    How is nifty looking for the next one week pl?


  14. ASMIT Says:
    May 3rd, 2010
    Posted at: 7:36 pm

    hi kartik
    cn i buy EURO MULTIVISION on dis level ?
    is it the right to enter ?


  15. Jv Says:
    May 3rd, 2010
    Posted at: 7:49 pm

    Hai,next one week nifty rangebound 5160 to 5390 levels,don;t expect big correction.Dont short ekc above 128 levels.


  16. S.MAHESH Says:
    May 3rd, 2010
    Posted at: 7:50 pm

    good evening

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