Intraday calls for 03-05-11

Quotes with Resistance & Support

Market Information

Intraday calls for 03-05-11

Posted on: May 3rd, 2011 at 8:18 am

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Markets likely to open flat, support for Nifty is at 5650 and resistance at 5760

Buy Lupin at 431, Target: 438, SL 425

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667 Responses

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palanivel Says:
May 3rd, 2011
Posted at: 3:38 pm
nifty any up moving coming days kartik sir? last 7 days nifty traveling continue down level
kartik sir,any recover up move coming days sir?
Akash Says:
May 3rd, 2011
Posted at: 3:39 pm
Hi Kartik, Hi Sunil Rao, Not able to Average 5900 CE. Can I continue to hold for target 80 in 2-3 days. Also, I will be in some training for next 3 days, so is it fine if I continue to hold this for target 120+ by the end of next week?
palanivel Says:
May 3rd, 2011
Posted at: 3:40 pm
nifty down today RBI NEWS OR ANY FII SELLING Or MUTUAL FUND SELLING SIR?
Neetu Says:
May 3rd, 2011
Posted at: 3:42 pm
Hi Sunil Rao, i have 100 wipro @464 what i do plz suggest
Rise Says:
May 3rd, 2011
Posted at: 3:43 pm
sir any chance for zee learn to cross 26...how much time it wil take... ?
and how will market open tomm....can see so positive side ?
Neetu Says:
May 3rd, 2011
Posted at: 3:48 pm
Hi Kartik, i have 100 wipro @464 what i do plz suggest
GODSE Says:
May 3rd, 2011
Posted at: 3:50 pm
Hi Neetu, hold somemore time it will 482 again
Sunil Rao Says:
May 3rd, 2011
Posted at: 3:56 pm
Hi palanivel, It was combination of all three. Let's see if we see a pullback from current level or break down below it tomorrow.
Hi Neetu, It has Strong support @ 433, If it breaks below it, enter a put to hedge or hold it for mid-term.
Hi Rise, Not sure about it.
Sunil Rao Says:
May 3rd, 2011
Posted at: 4:00 pm
Hi Gitanjali, Most Welcome. Go short on rise only after markets turn weak. Trading with the trend is always fruitfull :)
care Says:
May 3rd, 2011
Posted at: 4:04 pm
HI Kartik/CB, Where is Gandian way ??.. not too happy with the way world politics, get's played out..
And these are great admirers of Mahathma..revenge breads revenge.
and the innocent folks suffer.
fanatics' is bad in any religion..every religion preaches good.
CB/Kartik, please delete , if posting this is wrong.
Gitanjali Says:
May 3rd, 2011
Posted at: 4:10 pm
Hi Sunil Rao, Kartik has replied at the query section.. [no need to reply the question.. thanks]
Gitanjali Says:
May 3rd, 2011
Posted at: 4:11 pm
Hi Sunil Rao, oh.. thanks a lot.. [clash of postings at the same time ]
Sunil Rao Says:
May 3rd, 2011
Posted at: 4:19 pm
Hi Gitanjali, No Issues. Have a great Evening.
CB Says:
May 3rd, 2011
Posted at: 4:22 pm
Hi vijay, most welcome
Hi SAGAR, guess it was a prank.
Hi dhiva, most welcome..
Hi Sonu, yes, would advice to book profit in 1 for now. hold rest with trailing sl at 5600
Hi Das, not sure yet. global markets are still weak
Hi palanivel, it may take a while to recover. will need to hold it longer. a months time. once markets settle, these will recover back
Hi Gitanjali, most welcome. yes, to play a bounce enter LT or axis bank once markets improve
Hi Rise, it may take some time to recover. hold it for 1-2 months. fundamentally its a good bet
Hi Neetu, its a hold for a weeks time
Hi care, yes, it is really a sad thing
Shereef Says:
May 3rd, 2011
Posted at: 4:28 pm
Hi Sunil Rao,
Excellent Nifty Call. Low 5,554.85 !!!!!!!!!!
Congrats.........
Akash Says:
May 3rd, 2011
Posted at: 4:30 pm
Hi CB, Holding 5900 CE at 26, now it is 14+. I am unable to average but will try. One more thing, I will be in training for next 3 days and will not be able to view the market at all. Shud I continue to hold 5900 Call for next week for target 100+?