Intraday calls for 03-05-12

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Intraday calls for 03-05-12

Posted on: May 3rd, 2012 at 8:26 am

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Markets likely to open slightly lower. Support for nifty is at 5220 and resistance at 5310.

Sell VIP Industries at 93, target: 89. Stoploss: 96 – (Avoid after gap down opening)

9.19am – Sell Tata motors at 301, target: 294. Stoploss: 307

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322 Responses

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Kartik Says:
May 3rd, 2012
Posted at: 11:18 pm
Hi Ham, GE, thanks for the updates
Hi Sai Palanivel, Yes, but it seems that it may open lower tomorrow as Dow seems to be trading weak, if it sustains 71, you may continue to hold it
Sai Palanivel Says:
May 3rd, 2012
Posted at: 11:22 pm
Thanks KARTIK Sir.
VJ Says:
May 3rd, 2012
Posted at: 11:29 pm
hi Karthik/CB....i am holding SBi 2200 CE boughtt at 66 and nifty 5300 CE bought@ 89.. any chances of these bouncing back ? bearing losses :(
Ham Says:
May 3rd, 2012
Posted at: 11:48 pm
Hi airbites, GE
Sorry for being late..... Seems nifty may open with gap down below 5150. As long as dollar holds above 53 level, markets will remain weak and as tomorrow is friday, some selling pressure is expected... Lets see will there be any bounce after 2 pm....
Wish u all the best........ GN
Ham Says:
May 3rd, 2012
Posted at: 11:51 pm
Hi Kartik,
Most welcome and thank u too Kartik for helping us with ur precious tips & recommendations.....
Best wishes........
GN :)
CB Says:
May 3rd, 2012
Posted at: 11:56 pm
Hi VJ, yes, global markets are trading a bit lower. would advice to exit from the nifty ce and enter a 5100 pe to hedge
Hi Sai Palanivel, most welcome
ajit14 Says:
May 3rd, 2012
Posted at: 11:58 pm
hi
Ham Says:
May 4th, 2012
Posted at: 12:00 am
Hi CB,
Good night and sweet dreams CB :)
Gitanjali Says:
May 4th, 2012
Posted at: 12:08 am
Hi Ham, Thanks for the updates. You remind of SM .. A prompt caring reply..You folks have made this site richer and more humane.
Hi SM, It was a wrong trade that went wrong ,short in NG .. Damn ..it shot up..to UC!!!! .Hi Kartik, THANKS! What's the matter with dollar!!Hi Kb Trader, Hi Kb Trader, Have't got exam blues yet?
Gitanjali Says:
May 4th, 2012
Posted at: 12:11 am
T'was a trade that went wrong...
Sohan Says:
May 4th, 2012
Posted at: 12:13 am
Hello CB,
Thanks very much.
Sohan
Gitanjali Says:
May 4th, 2012
Posted at: 12:17 am
Hi CB,. I know neelima is fine .Thanks for your reply yesterday.
VJ Says:
May 4th, 2012
Posted at: 12:19 am
Hi CB, thank you CB and God bless you for your tips :) sweet dreams !!
CB Says:
May 4th, 2012
Posted at: 2:01 am
Hi ajit14, Good morning
Hi Ham, Good night.. swt dreams..
Hi Gitanjali, Good morning.. yes, she did reply saying all is well
Hi Sohan, most welcome
Hi VJ, most welcome.. Good night.. swt dreams..
pareshdoshi Says:
May 4th, 2012
Posted at: 1:20 pm
hi cb, one can buy litl or hdil @ current level?