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Intraday calls for 03-05-11

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

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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  1. KK Says:
    May 3rd, 2011
    Posted at: 9:02 am

    Hi Kartik,
    How about Banking stocks ?
    Do you suggest any Bank stock on dips today ? for short-term


  2. Kb Says:
    May 3rd, 2011
    Posted at: 9:02 am

    Watch out sugar.. .. some buying MAY come .


  3. Kartik Says:
    May 3rd, 2011
    Posted at: 9:02 am

    Hi arun bj, hold with a trailing SL at 378

    Hi kala, as of now they look weak, might take some time

    Hi AJ, UNITED looks good


  4. STOCK MARKET LEARNER Says:
    May 3rd, 2011
    Posted at: 9:03 am

    kartik sir can we go short in pinjloyd@cmp for 1 rs of trget intrday


  5. m Says:
    May 3rd, 2011
    Posted at: 9:03 am

    Hi Sir, holding orbit corp @48 and GMR infra @ 40. what to do


  6. Kartik Says:
    May 3rd, 2011
    Posted at: 9:04 am

    Hi KK, they have been seeing some selling pressure for a while, wait for some time

    Hi ttsathya, hold ITC with a SL at 188, HCL with a SL at 515 for a few days


  7. shinas Says:
    May 3rd, 2011
    Posted at: 9:04 am

    good morning,
    I hold 100 x ARSS @ 658, what I Can do?


  8. arun bj Says:
    May 3rd, 2011
    Posted at: 9:05 am

    hi kb good morg . . Yes . Sugar stock looks . Over sold . .


  9. PUNIT Says:
    May 3rd, 2011
    Posted at: 9:05 am

    Good morning Kartik
    What is nifty short side target for today?


  10. SS Says:
    May 3rd, 2011
    Posted at: 9:07 am

    Hi Kartik,
    Thanks Kartik; I have this news clip; Should it bring down Cairn;

    On Monday 2 May 2011, 1:01 PM
    New Delhi, May 2 (PTI) The much-awaited meeting of a Group of Ministers headed by Finance Minister Pranab Mukhejree on London-listed mining group Vedanta Resources'' USD 9.6 billion acquisition of Cairn India has been postponed.

    "The meeting was scheduled for 1930 hours today, but it has now been postponed," a senior government official said.

    No reasons were given for the postponement.


  11. shiva Says:
    May 3rd, 2011
    Posted at: 9:07 am

    can I buy lupin 440 ce?


  12. STOCK MARKET LEARNER Says:
    May 3rd, 2011
    Posted at: 9:07 am

    KARTIK SIR U MISSED MY QUERY


  13. tejas gupta Says:
    May 3rd, 2011
    Posted at: 9:09 am

    Hi Kartik, today also market is week ..what can be the hear after


  14. Kartik Says:
    May 3rd, 2011
    Posted at: 9:09 am

    Hi shinas, hold it for Short/MId term, might take some time to recover, but is a good bet fundamenetally

    Hi PUNIT, support at 5650 below which we could test 5600

    Hi SS, since its just a meeting postponed, it wont have a impact, more depends on the outcome of the meeting

    Hi shiva, enter in cash


  15. Kartik Says:
    May 3rd, 2011
    Posted at: 9:09 am

    Hi tejas gupta, likely to see some recovery


  16. Kartik Says:
    May 3rd, 2011
    Posted at: 9:09 am

    Hi STOCK MARKET LEARNER, dont go short for Intraday

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